$515,000
SOLD JUL 30, 2018

1407 N Wells St Unit 3 Chicago, IL 60610

Old Town Neighborhood
2 Beds
2 Baths
1,500 Sq Ft
$404/mo HOA Fee

Recently Sold

$343 Per Sq Ft

5% Below List Price

9 Days on Market

Highlights

  • Deck
  • Wood Burning Stove
  • Den
  • Lincoln Park High School Rated A
  • Wood Flooring
  • Stainless Steel Appliances

About This Home

As of June 2023

Be in the middle of it all with this Large, sophisticated, Loft like home in Amazing heart of Old Town location! This Large beautiful 2 bedroom plus den home is Truly unique with extra high ceilings, large spacious rooms, incredible sunlight & tons of character. Living room has extra tall beamed ceilings, hardwood floors & wood burning fireplace opens up to extra large private deck overlooking Wells street. 2 large bedrooms including master with new marble bath & 3 lg. closets. Big kitchen with stainless appliances, 42'' white cabinets & separate eating area. This charming home also boasts Hardwood floors throughout, exposed brick walls, tons of closets, central air, in-unit wash/dryer, bike room and additional storage. Walk to everything you can imagine; lakefront, beach, stores, restaurants, cafes, etc.! Easy permit street parking or rent space nearby

Last Agent to Sell the Property

Ted Mortellaro

Dream Town Real Estate License #475155325 Listed on: 05/30/2018

Dream Town Real Estate

Last Buyer's Agent

Nancy Joyce

@properties Christie's International Real Estate License #475101175

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,786

Year Built | Renovated

  • 1898 | 2000

HOA Fees

  • $404 per month

Parking

  • Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Wood Burning Stove
  • Entrance Foyer
  • Dining Area
  • Den
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • <<microwave>>
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • North or South Exposure
  • Deck
  • East or West Exposure

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,786

Year Built | Renovated

1898 | 2000

Lot Details

0

HOA Fees

$404 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 3
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Rehab Year: 2000
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1898
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1898
  • Year Renovated: 2000

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 7
  • Living Room: Dimensions: 21X16, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Fireplace Details: Wood Burning Stove
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X9, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Den, Deck, Eating Area, Foyer, Walk In Closet
  • Master Bedroom: Dimensions: 12X15, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Eating Area, Dimensions: 12X8, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Den, Dimensions: 7X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 3 Name: Foyer, Dimensions: 4X14, On Level: Main Level, Flooring: Hardwood
  • Additional Room 4 Name: Deck, Dimensions: 14X14, On Level: Main Level, Flooring: Hardwood
  • Additional Room 5 Name: Walk in Closet, Dimensions: 5X8, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1500
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Exposure: N (North), E (East), W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Number Garage Spaces: 1
  • Garage Ownership: Fee/Leased

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 404
  • Management Contact Name: Alex Udvary
  • Management Phone: 312-829-8900

Fee Information

  • Management Company: First Community Management
  • Lease Amount: 210

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17042050661005

Multi Family

  • Total Number Unitsin Building: 20
  • Number Stories: 3

Tax Info

  • Taxes: 9910.37

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%
Source: Public Records

Similar Homes in Chicago, IL

  • 1000 N Lake Shore Plaza Unit 17C, Chicago, IL 60611

    $635,000

    • 2 Beds
    • 2.5 Baths
    • 2,100 Sq Ft
    • 1000 N Lake Shore Plaza
    • Unit 17C
    • Chicago, IL

    Stunning views from every window in this southwest corner 2-bed, 2-bath condo. This elegant home boasts tons of living space and is designed for comfort and style. The well-appointed kitchen features an induction stovetop, walk in pantry, and is complemented by a large island perfect for casual dining. The layout flows seamlessly into the expansive living and dining areas, all with large windows

    Jim Buczynski Compass

    Section Image
  • 88 W Schiller St Unit 1001L, Chicago, IL 60610

    $400,000

    • 2 Beds
    • 1 Bath
    • 88 W Schiller St
    • Unit 1001L
    • Chicago, IL

    Welcome to the Lowell House, a crown jewel of the Sandburg Village Community. This beautifully updated 10th-floor end-unit condo in the heart of the Gold Coast, offers breathtaking views of Lake Michigan and the city skyline. This spacious 2-bedroom, 1-bathroom home has been thoughtfully renovated to blend modern style with everyday comfort. Step inside to find hardwood floors and recessed

    Rafay Qamar Real Broker LLC

    Section Image
  • 1410 N State Pkwy Unit 10B, Chicago, IL 60610

    $625,000

    • 3 Beds
    • 2.5 Baths
    • 2,000 Sq Ft
    • 1410 N State Pkwy
    • Unit 10B
    • Chicago, IL

    This exceptional 10th-floor unit in the Gold Coast neighborhood embodies modern elegance. With 3 bedrooms and 2.5 bathrooms, it features an open floor plan, hardwood floors throughout, and oversized windows offering South, East, and West exposures. The kitchen is a highlight, showcasing custom cabinets, high-end stainless steel appliances (including a wine fridge), granite countertops, and a

    Rafay Qamar Real Broker LLC

    Section Image
  • 1850 N Clark St Unit 1409, Chicago, IL 60614

    $599,900

    • 3 Beds
    • 3 Baths
    • 1,500 Sq Ft
    • 1850 N Clark St
    • Unit 1409
    • Chicago, IL

    Welcome to the rarely available Hemingway House condo building! Located on the 14th floor with breathtaking city views from every room, this is one of only a few units in the building that combined two units into one larger living space. The beautifully updated 3-bedroom, 3-bathroom home offers the perfect blend of elegance and functionality, featuring hardwood floors throughout and oversized

    Rafay Qamar Real Broker LLC

    Section Image
  • 2 E Erie St Unit 2505, Chicago, IL 60611

    $485,000

    • 2 Beds
    • 2 Baths
    • 1,295 Sq Ft
    • 2 E Erie St
    • Unit 2505
    • Chicago, IL

    Spacious South West Corner 2 Bedroom, 2 Bathroom with Private Covered Balcony in the Heart of the Cathedral District in River North Drenched in Sunlight! This is the Largest 2 Bedroom Floor Plan in the Building with an Open Concept Layout and Floor-to-Ceiling Windows Throughout Capture the Surrounding Breathtaking City Views. This Always Bright Condo Features Wide Plank Hardwood Flooring, All

    Lauren Shimmon Baird & Warner

    Section Image
  • 401 E Ontario St Unit 4106, Chicago, IL 60611

    $599,000

    • 3 Beds
    • 2 Baths
    • 1,850 Sq Ft
    • 401 E Ontario St
    • Unit 4106
    • Chicago, IL

    "ENJOY MILLION-DOLLAR VIEWS FROM THIS STUNNING SOUTHEAST-FACING UNIT! OVERLOOKING LAKE MICHIGAN AND NAVY PIER. THIS RESIDENCE OFFERS A BREATHTAKING PANORAMA AND ABUNDANT NATURAL LIGHT." "THREE BEDROOM, TWO BATHROOM IN ITS ORIGINAL CONDITION - PERFECT FOR CUSTOMIZING TO YOUR TASTE. LARGE BAY WINDOWS, WASHER AND DRYER HOOKUPS CAN BE INSTALLED. DON'T MISS THIS OPPORTUNITY TO MAKE THIS GEM YOUR OWN!

    Rhonda Hoff Jameson Sotheby's Intl Realty

    Section Image
  • 345 N Canal St Unit 1003, Chicago, IL 60606

    $419,900

    • 2 Beds
    • 1 Bath
    • 345 N Canal St
    • Unit 1003
    • Chicago, IL

    Fully rehabbed luxury condo in the iconic Fulton House, located in Chicago's sought-after River West neighborhood. This stylish home features large-format porcelain tile flooring, elegant Calacatta gold quartz countertops, plush new carpeting in the bedrooms, new LED lighting throughout, updated faucets, and fresh paint. The bathroom has been completely redesigned with high-end finishes for a

    Mark Raffaelli Jameson Sotheby's Intl Realty

    Section Image
  • 415 E North Water St Unit W806, Chicago, IL 60611

    $535,000

    • 1 Bed
    • 1.5 Baths
    • 1,356 Sq Ft
    • 415 E North Water St
    • Unit W806
    • Chicago, IL

    Experience refined luxury living at Riverview Condominiums in this expansive 1-bedroom, 1.5-bath home spanning 1,356 sq ft. This elegant residence offers an open and airy floor plan with large windows that frame beautiful city and river views. The oversized living and dining area is ideal for entertaining, featuring pristine hardwood floors and a cozy gas fireplace. The chef's kitchen boasts

    Michael Maier Berkshire Hathaway HomeServices Chicago

    Section Image
  • 222 N Columbus Dr Unit 809, Chicago, IL 60601

    $399,000

    • 2 Beds
    • 2 Baths
    • 1,225 Sq Ft
    • 222 N Columbus Dr
    • Unit 809
    • Chicago, IL

    Welcome to your urban oasis at 222 North Columbus Drive, Unit 809! This stunning 2-bedroom, 2-bathroom condo spans 1,225 square feet and offers breathtaking city views through floor-to-ceiling windows. The open-concept living space features a modern kitchen with stainless steel appliances, a breakfast bar, and a spacious pantry. Relax in the primary suite with a walk-in closet and enjoy the

    Ksenia Wurl Compass

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Source: Public Records

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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09966536

Midwest Real Estate Data (MRED)

APN: 17-04-205-066-1005