Landlord's Agent in 2025
Maura Vrabel
@ Properties
(312) 513-5699
19 Total Sales
Michaels Terrace 1309 N Wells St Unit 801 Chicago, IL 60610
Old Town Neighborhood
2
Beds
2
Baths
1,100
Sq Ft
1990
Built
Highlights
- Doorman
- 5-minute walk to Clark/Division Station
- Sundeck
- Lincoln Park High School Rated A
- Wood Flooring
- Elevator
About This Home
As of August 2025Sun-filled NW corner unit with 2brs/2baths in the heart of Old Town. Hardwood floors in living areas and hallways with carpeted bedrooms. Both bedrooms are en-suite. Great closet space, an open great room kitchen with a breakfast bar, in-unit washer/dryer, gas fireplace with remote, room-darkening vertical blinds, and a private balcony. One partially covered garage space is included in the rent. Tenant pays electricity, heat and air. The building offers a common sundeck on top, party room, bike room, 24-hour doorman, and additional storage-just steps to the park, North Ave beach, restaurants, red and brown lines, and nightlife. Available Sept 1st and open to 2 years.
Last Agent to Rent the Property
@properties Christie's International Real Estate License #475150309 Listed on: 07/28/2025
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $8,223
Year Built
- Built in 1990
Parking
- 1 Car Garage
- Parking Included in Price
Interior Spaces
- 1,100 Sq Ft Home
- Family Room
- Living Room with Fireplace
- Dining Room
- Laundry Room
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Balcony
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Property Available on 9/1/25
- Rent includes cable TV, water, scavenger, doorman, exterior maintenance, lawn care, internet
Community Details
Overview
- 80 Units
- Chris Page Association, Phone Number (773) 572-0880
- High-Rise Condominium
- Michaels Terrace Subdivision
- Property managed by Westward 360
- 14-Story Property
Amenities
- Doorman
- Sundeck
- Elevator
- Community Storage Space
Recreation
- Bike Trail
Pet Policy
- No Pets Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 21, 2010
Sold by
Gallegos Javier M and Gallegos Laura
Bought by
Meek Lori F and Meek Brian J
Current Estimated Value
Purchase Details
Closed on
Jun 8, 2007
Sold by
Gallegos Javier M
Bought by
Gallegos Javier M and Gallegos Laura
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 27, 2004
Sold by
Morgan Richard T
Bought by
Gallegos Javier M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
3.87%
Mortgage Type
Unknown
Purchase Details
Closed on
Oct 18, 1995
Sold by
Cosmopolitan Bank & Trust
Bought by
Morgan Richard T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
7%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Meek Lori F | $340,000 | Chicago Title Insurance Co | |
| Gallegos Javier M | -- | First American Title | |
| Gallegos Javier M | $290,000 | Ticor Title Insurance Compan | |
| Morgan Richard T | $130,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gallegos Javier M | $252,000 | |
| Previous Owner | Gallegos Javier M | $255,000 | |
| Previous Owner | Gallegos Javier M | $258,000 | |
| Previous Owner | Gallegos Javier M | $258,000 | |
| Previous Owner | Gallegos Javier M | $232,000 | |
| Previous Owner | Gallegos Javier M | $232,000 | |
| Previous Owner | Morgan Richard T | $122,800 | |
| Previous Owner | Morgan Richard T | $25,000 | |
| Previous Owner | Morgan Richard T | $122,000 | |
| Previous Owner | Morgan Richard T | $117,000 | |
| Closed | Gallegos Javier M | $28,660 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/03/2025 08/03/25 | Rented | $3,900 | +6.8% | -- |
| 07/31/2025 07/31/25 | Under Contract | -- | -- | -- |
| 07/28/2025 07/28/25 | For Rent | $3,650 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $8,223 | $38,615 | $4,467 | $34,148 |
| 2023 | $8,009 | $38,000 | $3,596 | $34,404 |
| 2022 | $8,009 | $38,000 | $3,596 | $34,404 |
| 2021 | $7,851 | $37,999 | $3,596 | $34,403 |
| 2020 | $7,564 | $32,866 | $2,517 | $30,349 |
| 2019 | $7,412 | $35,665 | $2,517 | $33,148 |
| 2018 | $7,292 | $35,665 | $2,517 | $33,148 |
| 2017 | $6,267 | $29,113 | $2,013 | $27,100 |
| 2016 | $5,831 | $29,113 | $2,013 | $27,100 |
| 2015 | $5,335 | $29,113 | $2,013 | $27,100 |
| 2014 | $4,926 | $26,548 | $1,618 | $24,930 |
| 2013 | $4,828 | $26,548 | $1,618 | $24,930 |
Source: Public Records
Agents Affiliated with this Home
-
-
Tenant's Agent in 2025
Julie Busby
Compass
(312) 890-4818
17 in this area
615 Total Sales
About Michaels Terrace
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12424141
APN: 17-04-215-072-1026
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