388 ELM ST
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Location
388 ELM ST
City, State, Zip
,
Mblu
27/ 171/ / /
Acct#
0271710000
Owner
MCDONALD'S USA, LLC
Assessment
$1,544,800
Appraisal
$1,544,800
PID
2258
Building Count
1
Legal Description
District
Assessing District
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$952,500$592,300$1,544,800
Assessment
Valuation YearImprovementsLandTotal
2025$952,500$592,300$1,544,800

Owner of Record
OwnerMCDONALD'S USA, LLC
Co-OwnerC/O MCDONALD'S CORPORATION
Address110 N CARPENTER ST
CHIGAGO, IL 60607
Sale Price$750,000
Certificate
Book16936
Page0804
Sale Date12/08/2014
Instrument1B

Ownership History
Ownership History
OwnerSale PriceCertificateInstrumentSale DateBookPage
MCDONALD'S USA, LLC$750,000 1B12/08/2014169360804
MININNI REALTY CORP$0  11/15/1979025970343

Building Information
Building 1 : Section 1
Year Built: 1980
Living Area: 4,236
Replacement Cost: $1,400,762
Building Percent Good: 62
Replacement Cost
Less Depreciation:
$868,500
Building Attributes
FieldDescription
Style:Fast Food Rest
ModelCommercial
GradeGood
Stories:1
Occupancy1.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2K PINE/A WD
Interior Floor 1Ceram Clay Til
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseREST/CLUBS
Total Rooms 
Total Bedrms00
Total Baths2
No. of Comm. Units 
No. of Res. Units 
1st Floor Use:3260
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height10.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 4,236 4,236
CANCanopy 932 0
FOPPorch, Open, Finished 128 0
   5,296 4,236

Extra Features
Extra Features
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
DUW1DRIVE-UP WINDW  2.00 UNITS$15,1001

Parcel Information
Use Code3260
DescriptionREST/CLUBS  
Deeded Acres1.12

Land
Land Use
Use Code3260
DescriptionREST/CLUBS  
ZoneB2
Neighborhood0007
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)1.12
Frontage0
Depth0
Assessed Value$592,300
Appraised Value$592,300

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  40000.00 S.F.$60,0001
LT1LIGHTS-IN W/PL  8.00 UNITS$8,4001
MSC18BRKENCL  1.00 UNIT$5001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$935,500$592,300$1,527,800
2023$935,500$592,300$1,527,800
2022$740,800$454,700$1,195,500

Assessment
Valuation YearImprovementsLandTotal
2024$935,500$592,300$1,527,800
2023$935,500$592,300$1,527,800
2022$740,800$454,700$1,195,500

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