NOT LISTED FOR SALE

Michaels Terrace 1309 N Wells St Unit 607 Chicago, IL 60610

Old Town Neighborhood

Estimated Value: $412,000 - $473,000

2 Beds
2 Baths
-- Sq Ft
0.28 Acre Lot

Sale Details

Date Sold: December 5, 2024

Last sale price $419,000

Est. 7% increase in value since last sale

Current estimated payment $3,554 / mo

6 Days on Market

Highlights

  • Doorman
  • 5-minute walk to Clark/Division Station
  • Party Room
  • Lincoln Park High School Rated A
  • Wood Flooring
  • Sundeck

About This Home

As of December 2024

Updated 2 bed 2 bath corner unit in the heart of Old Town. This prime north-east corner unit has hardwood flooring throughout, in-unit washer dryer and a private balcony. Floor to ceiling windows with motorized blinds show-off incredible skyline views. There's a spacious open concept kitchen layout with plenty of room for a dining area and living area. The rehabbed kitchen features additional cabinet space, silestone countertops and stainless steel appliances. In-unit central heating and cooling with a new ecobee thermostat. Two large bedrooms both have en-suite bathrooms and sizable closets. Primary bedroom has a large walk-in closet. New air conditioning unit and microwave in 2024. The building has a common rooftop deck. This doorperson building has additional storage in the basement and a garage spot included in the price. Rare 99 'Walk Score'! Incredible location close to all the restaurants and shops on Wells Street, 3 Arts Club Cafe, CTA Red and Brown lines, Jewel and Aldi Grocery Stores.

Last Agent to Sell the Property

Michael Greco

Baird & Warner License #475172196 Listed on: 10/14/2024

Baird & Warner

Last Buyer's Agent

Kushal Singh

Kalani Realty Inc License #475194425

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,072

Year Built

  • Built in 1990 | Remodeled in 2017

Lot Details

  • 0.28

HOA Fees

  • $502 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Concrete Perimeter Foundation
  • Flexicore

Interior Spaces

  • Fireplace With Gas Starter
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, doorman, exterior maintenance, scavenger, snow removal
  • 80 Units
  • Oor Association
  • Property managed by Self-Managed
  • 15-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Party Room
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 14 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,072

Year Built

Built in 1990 | Remodeled in 2017

Lot Details

0.28 Acres

HOA Fees

$502 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1990
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 6
  • Rehab Year: 2017
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 15
  • Year Renovated: 2017

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Flexicore
  • Other Equipment: TV-Cable
  • Room Type: No additional rooms
  • Stories Total: 15
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • Waterfront: No
  • Exterior Building Type: Glass,Other

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 502
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Party Room, Sundeck, Valet/Cleaner
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self-Managed
  • Management Contact Name: OOR
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Doorman, Exterior Maintenance, Scavenger, Snow Removal

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 14

Tax Info

  • Tax Annual Amount: 7072.42
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 80

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2024
Closed on
Nov 26, 2024
Sold by
Bought by
Seller's Agent
Michael Greco
Baird & Warner
Buyer's Agent
Kushal Singh
Kalani Realty Inc
List Price
$419,000
Sold Price
$419,000
Views
41
Current Estimated Value
$448,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,557
Avg. Annual Appreciation
4.19%
Original Mortgage
$314,250
Interest Rate
0.0688%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,900
Interest Rate
0.0412%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
0.0507%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
0.0506%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 19, 2007
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$419,000 None Listed On Document
$400,000 Attorney
$335,000 Ctic
$285,000 Service Link
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $305,000
Closed $314,250
Previous Owner $198,500
Closed $199,900
Previous Owner $150,000
Previous Owner $208,000
Previous Owner $251,250
Closed $256,500
Previous Owner $242,250
Previous Owner $5,000
Previous Owner $200,250
Previous Owner $148,300
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/05/2024 12/05/24 Sold $419,000 0.0% --
10/20/2024 10/20/24 Pending -- -- --
10/14/2024 10/14/24 For Sale $419,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,072 $37,150 $4,297 $32,853
2024 $7,072 $37,150 $4,297 $32,853
2023 $6,867 $36,000 $3,460 $32,540
2022 $6,867 $36,000 $3,460 $32,540
2021 $6,750 $35,999 $3,460 $32,539
2020 $6,563 $31,620 $2,422 $29,198
2019 $6,418 $34,313 $2,422 $31,891
2018 $7,016 $34,313 $2,422 $31,891
2017 $6,029 $28,009 $1,937 $26,072
2016 $5,610 $28,009 $1,937 $26,072
2015 $5,133 $28,009 $1,937 $26,072
2014 $4,739 $25,542 $1,557 $23,985
2013 $4,645 $25,542 $1,557 $23,985
Source: Public Records

Agents Affiliated with this Home

  • Michael Greco

    Seller's Agent in 2024

    Michael Greco

    Baird Warner

    (312) 869-4720

    8 in this area

    161 Total Sales

    Michael Greco
    Section Image

  • K

    Buyer's Agent in 2024

    Kushal Singh

    Kalani Realty Inc

    (630) 743-3186

    1 in this area

    15 Total Sales

    Kushal Singh
    Section Image
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About Michaels Terrace

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12185564

Midwest Real Estate Data (MRED)

APN: 17-04-215-072-1016

Illinois Cook County Chicago 60610 Old Town

1309 N Wells St Unit 607, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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