1407 N Wells St Unit 3 Chicago, IL 60610
Old Town Neighborhood
2
Beds
2
Baths
1,500
Sq Ft
$477/mo
HOA Fee
Highlights
- Deck
- Wood Burning Stove
- Den
- Lincoln Park High School Rated A
- Wood Flooring
- Stainless Steel Appliances
About This Home
As of June 2023Great walk to location in the middle of old town! This vintage beauty is very unique to the area. Entertain on your front deck for those summer cookouts that overlooks Wells street. Living room has high beamed ceilings and hardwood floors throughout - wood burning fireplace accents the room perfectly. Eat-in kitchen has exposed brick, stainless appliances, 42'' white cabinets..Property boasts two extra-large bedrooms including master with new marble bath & three large closets. Unit has been modernized and has Central heat/air, in-unit wash/dryer - Building has bike room and additional storage.Walk to numerous amenities in Chicago including bars, restaurants, second-city and stores. Lakefront is just minutes away along with trains and busses to get you downtown fast. Easy permit street parking or rent a space nearby.
Last Agent to Sell the Property
RE/MAX PREMIER License #475110336 Listed on: 03/08/2023
Last Buyer's Agent
@properties Christie's International Real Estate License #475127816
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,280
Year Built
- Built in 1898 | Remodeled in 2000
HOA Fees
- $477 Monthly HOA Fees
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,500 Sq Ft Home
- 3-Story Property
- Wood Burning Stove
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
- Den
- Wood Flooring
Kitchen
- Breakfast Bar
- Range<<rangeHoodToken>>
- <<microwave>>
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
Overview
- Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 20 Units
- Association Phone (312) 829-8900
- Property managed by First Community Management
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 8, 2023
Closed on
Apr 20, 2023
Sold by
Gurnee James Patrick
Bought by
Houghton Cole and San Roman Julia
Seller's Agent
Michael Gerhardt
RE/MAX PREMIER
Buyer's Agent
Andrea Hebner
@properties Christie's International Real Estate
List Price
$600,000
Sold Price
$550,000
Premium/Discount to List
-$50,000
-8.33%
Views
65
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.01%
Original Mortgage
$440,000
Interest Rate
7%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 30, 2018
Closed on
Jul 16, 2018
Sold by
Schumacher Mark and Schumacher Nancy
Bought by
Gurnee James Patrick
Seller's Agent
Ted Mortellaro
Dream Town Real Estate
Buyer's Agent
Nancy Joyce
@properties Christie's International Real Estate
List Price
$540,000
Sold Price
$515,000
Premium/Discount to List
-$25,000
-4.63%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.36%
Original Mortgage
$412,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 5, 2014
Sold by
Nancy Collins Schumacher Revocable Trust
Bought by
Schumacher Nancy and Schumacher Mark
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,400
Interest Rate
3.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 11, 2009
Sold by
Collins Nancy Anne and Schumacher Nancy Collins
Bought by
Revoc Schumacher Nancy Collins and Nancy Collins Schumacher Revocable Trust
Purchase Details
Closed on
Aug 15, 2006
Sold by
Sabo Timothy
Bought by
Collins Nancy Anne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
5.75%
Mortgage Type
Unknown
Purchase Details
Closed on
Jul 28, 2006
Sold by
Sabo Timothy
Bought by
Collins Nancy Anne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
5.75%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 22, 2000
Sold by
Parkway Bank & Trust Company
Bought by
Sabo Timothy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
11.5%
Similar Homes in Chicago, IL
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $550,000 | None Listed On Document | |
| Warranty Deed | $515,000 | Chicago Title | |
| Quit Claim Deed | -- | Fidelity Natl Title Ins Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $435,000 | Chicago Title Insurance Co | |
| Contract Of Sale | $435,000 | None Available | |
| Deed | $250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $440,000 | New Conventional | |
| Previous Owner | $390,000 | New Conventional | |
| Previous Owner | $412,000 | New Conventional | |
| Previous Owner | $313,400 | New Conventional | |
| Previous Owner | $336,000 | Unknown | |
| Previous Owner | $358,000 | Unknown | |
| Previous Owner | $348,000 | Unknown | |
| Previous Owner | $230,000 | Unknown | |
| Previous Owner | $35,000 | Credit Line Revolving | |
| Previous Owner | $227,207 | Unknown | |
| Previous Owner | $200,000 | No Value Available | |
| Closed | $12,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | For Sale | $399,000 | 0.0% | $499 / Sq Ft |
| 08/07/2024 08/07/24 | Rented | $2,495 | 0.0% | -- |
| 07/20/2024 07/20/24 | Under Contract | -- | -- | -- |
| 07/20/2024 07/20/24 | Off Market | $2,495 | -- | -- |
| 07/13/2024 07/13/24 | For Rent | $2,495 | 0.0% | -- |
| 06/16/2023 06/16/23 | Sold | $550,000 | -8.3% | $367 / Sq Ft |
| 05/23/2023 05/23/23 | Pending | -- | -- | -- |
| 05/02/2023 05/02/23 | For Sale | $600,000 | +9.1% | $400 / Sq Ft |
| 04/10/2023 04/10/23 | Off Market | $550,000 | -- | -- |
| 03/08/2023 03/08/23 | For Sale | $600,000 | 0.0% | $400 / Sq Ft |
| 06/16/2021 06/16/21 | Rented | -- | -- | -- |
| 05/14/2021 05/14/21 | For Rent | $2,200 | 0.0% | -- |
| 06/24/2020 06/24/20 | Sold | $365,000 | -2.7% | $456 / Sq Ft |
| 05/03/2020 05/03/20 | Pending | -- | -- | -- |
| 04/28/2020 04/28/20 | For Sale | $375,000 | -27.2% | $469 / Sq Ft |
| 07/30/2018 07/30/18 | Sold | $515,000 | -4.6% | $343 / Sq Ft |
| 06/08/2018 06/08/18 | Pending | -- | -- | -- |
| 05/30/2018 05/30/18 | For Sale | $540,000 | 0.0% | $360 / Sq Ft |
| 05/29/2018 05/29/18 | Rented | $2,300 | 0.0% | -- |
| 04/09/2018 04/09/18 | For Rent | $2,300 | +9.8% | -- |
| 05/01/2016 05/01/16 | Rented | $2,095 | 0.0% | -- |
| 04/12/2016 04/12/16 | Off Market | $2,095 | -- | -- |
| 04/05/2016 04/05/16 | Price Changed | $2,095 | -4.6% | -- |
| 03/07/2016 03/07/16 | For Rent | $2,195 | -- | -- |
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 | $10,786 | $59,807 | $26,924 | $32,883 |
| 2023 | $10,506 | $49,845 | $26,582 | $23,263 |
| 2022 | $10,506 | $49,845 | $26,582 | $23,263 |
| 2021 | $11,280 | $54,595 | $26,582 | $28,013 |
| 2020 | $9,392 | $40,810 | $15,174 | $25,636 |
| 2019 | $9,204 | $44,286 | $15,174 | $29,112 |
| 2018 | $8,352 | $44,286 | $15,174 | $29,112 |
| 2017 | $10,453 | $50,163 | $12,139 | $38,024 |
| 2016 | $9,910 | $50,163 | $12,139 | $38,024 |
| 2015 | $9,640 | $53,219 | $12,139 | $41,080 |
| 2014 | $7,783 | $42,864 | $9,755 | $33,109 |
| 2013 | $7,627 | $42,864 | $9,755 | $33,109 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick Hechinger
Seller's Agent in 2025
Patrick Hechinger
Compass
(847) 271-4963
4 in this area
47 Total Sales
-
Ben Bodelson
Seller's Agent in 2024
Ben Bodelson
Coldwell Banker Realty
(312) 259-0830
57 Total Sales
-
Michael Gerhardt
Seller's Agent in 2023
Michael Gerhardt
RE/MAX PREMIER
(773) 551-1586
3 in this area
152 Total Sales
-
Robert Rohrback
Seller Co-Listing Agent in 2023
Robert Rohrback
Keller Williams Infinity
(630) 930-8267
1 in this area
100 Total Sales
-
Andrea Hebner
Buyer's Agent in 2023
Andrea Hebner
@ Properties
(312) 753-8040
5 in this area
64 Total Sales
-
Ryan Mosele
R
Buyer's Agent in 2021
Ryan Mosele
Hudson Burnham Real Estate
(847) 208-4669
2 in this area
14 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11732658
APN: 17-04-205-066-1005
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