1407 N Wells St Unit 3 Chicago, IL 60610
Old Town Neighborhood
2
Beds
1
Bath
800
Sq Ft
$203/mo
HOA Fee
Highlights
- The property is located in a historic district
- Balcony
- Forced Air Heating System
- Lincoln Park High School Rated A
- Brick Porch or Patio
About This Home
As of June 2023This beautifully redone top floor unit is situated just of Wells Street right in the middle of Old Town! Walk down this historic cobblestone path into this newly remodeled unit. Top floor is light filled with a brand new kitchen with stone countertops, white cabinets, stainless steel appliances and a stone backsplash. Dark walnut stained hardwood floors through-out, laundry in unit, charming outdoor balcony located right of kitchen that overlooks the cobblestone courtyard! Steps to grocery stores, the train, Lake Michigan, Bars, Restaurants, Lincoln Park and more!
Last Agent to Sell the Property
Coldwell Banker Realty License #471018576 Listed on: 04/28/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,786
Year Built | Renovated
- 1997 | 2006
HOA Fees
- $203 per month
Home Design
- Brick Exterior Construction
- Rubber Roof
Outdoor Features
- Balcony
- Brick Porch or Patio
Utilities
- One Cooling System Mounted To A Wall/Window
- Forced Air Heating System
- Heating System Uses Gas
- Lake Michigan Water
Additional Features
- Primary Bathroom is a Full Bathroom
- The property is located in a historic district
Community Details
Amenities
- Common Area
Pet Policy
- Pets Allowed
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
102 Total Sales
-
Andrea Hebner
Buyer's Agent in 2023
Andrea Hebner
@ Properties
(312) 753-8040
5 in this area
65 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: MRD10700442
APN: 17-04-205-066-1005
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