NOT LISTED FOR SALE

1429 N Wells St Unit 703 Chicago, IL 60610

Old Town Neighborhood

Estimated Value: $658,000 - $771,000

2 Beds
2 Baths
-- Sq Ft
$605/mo HOA Fee

Last Sold March 13, 2023

Last sale price $675,000

Est. 4% increase in value since last sale

Current estimated payment $5,505/month

7 Days on Market

Highlights

  • Penthouse
  • Open Floorplan
  • Elevator
  • Lincoln Park High School Rated A
  • Wood Flooring
  • Stainless Steel Appliances

About This Home

As of March 2023

Spectacular south-facing penthouse level home with fabulous unobstructed city views in the most sought after Old Town boutique elevator building! Great open two bedroom/two bath floor plan with dramatic ceiling height. Stunning views and natural light flood every room. The renovated eat-in kitchen features white cabinetry, quartz countertops and ample storage. Beautiful custom built-ins flank the living and dining room. New sliding French doors off the living room lead to your balcony which becomes an extension of your interior space during warmer months. Generous second bedroom with a convenient full bathroom across the hall that also makes for a great powder room for guests. The elegant primary suite has a walk-in and an additional linen closet, a spacious bathroom with double vanities, a separate soaking tub and shower. Both bedrooms have new, high-end wool carpets. This home is also located on Wells Street but set back towards the rear of the building making it especially quiet. Heated garage parking is included in the price, as is, a storage cage. Walk to all the highlights and conveniences of Old Town, the Gold Coast, Green City Market, the lakefront and el.

Last Agent to Sell the Property

Lindsay Everest

Jameson Sotheby's Intl Realty License #475145468 Listed on: 02/01/2023

Jameson Sotheby's Intl Realty

Co-Listed By

Rachel Rand Martell

Jameson Sotheby's Intl Realty License #475186628

Last Buyer's Agent

Anne Rossley

Baird & Warner License #471010446

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,517

Year Built

  • Built in 1999

Lot Details

  • 0.3

HOA Fees

  • $605 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price
  • Deeded Parking Sold Separately

Home Design

  • Penthouse
  • Brick Exterior Construction

Interior Spaces

  • Open Floorplan
  • Built-In Features
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Balcony
  • Additional Parcels

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 29 Units
  • Lindsay Association, Phone Number (313) 405-8052
  • Property managed by First Service Residential
  • 7-Story Property

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Pets up to 100 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,517

Year Built

Built in 1999

Lot Details

0

HOA Fees

$605 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Penthouse
  • Year Built: 1999
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 7
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Built-in Features, Walk-In Closet(s), Open Floorplan
  • Room Type: Foyer, Balcony/Porch/Lanai
  • Stories Total: 7
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 699000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage
  • Deeded Garage Cost: 0

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • 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: 605
  • Association Amenities: Elevator(s), Storage
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Lindsay
  • Management Phone: 313-405-8052
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: Yes
  • 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: 100

Tax Info

  • Tax Annual Amount: 12517
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2025
Sold by
Westphal Karen M and Westphal James D
Bought by
Karen M Westphal Trust
Current Estimated Value
$704,386

Purchase Details

Listed on
Feb 1, 2023
Closed on
Mar 7, 2023
Sold by
Gilman Thomas A and Gilman Nancy L
Bought by
Westphal Karen M and Westphal James D
Seller's Agent
Lindsay Everest
Jameson Sotheby's Intl Realty
Buyer's Agent
Anne Rossley
Baird & Warner
List Price
$699,000
Sold Price
$675,000
Premium/Discount to List
-$24,000
-3.43%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.42%

Purchase Details

Closed on
Sep 9, 2021
Sold by
Gilman Thomas A and Gilman Elizabeth A
Bought by
Gilman Thomas A

Purchase Details

Closed on
Apr 9, 2015
Sold by
Gilman Thomas A and Gilman Nancy L
Bought by
Gilman Thomas A and Gilman Elizabeth A

Purchase Details

Closed on
Jul 2, 2007
Sold by
Casey Jeffrey W
Bought by
Gilman Thomas A and Gilman Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.69%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 11, 2001
Sold by
1429 North Wells Llc
Bought by
Casey Jeffrey W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.27%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Karen M Westphal Trust -- None Listed On Document
Westphal Karen M $675,000 Chicago Title
Gilman Thomas A -- None Available
Gilman Thomas A -- First American Title
Gilman Thomas A $580,000 Ticor Title Insurance
Casey Jeffrey W $461,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gilman Thomas A $373,000
Previous Owner Gilman Thomas A $380,000
Previous Owner Casey Jeffrey W $276,000
Previous Owner Casey Jeffrey W $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2023 03/13/23 Sold $675,000 -3.4% --
02/09/2023 02/09/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $699,000 -- --
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 $12,521 $65,398 $12,303 $53,095
2023 $12,196 $57,867 $10,018 $47,849
2022 $12,196 $57,867 $10,018 $47,849
2021 $11,956 $57,865 $10,017 $47,848
2020 $11,998 $52,131 $6,933 $45,198
2019 $11,759 $56,582 $6,933 $49,649
2018 $11,569 $56,582 $6,933 $49,649
2017 $10,906 $48,816 $5,547 $43,269
2016 $10,150 $48,816 $5,547 $43,269
2015 $9,301 $48,816 $5,547 $43,269
2014 $8,679 $44,936 $4,457 $40,479
2013 $8,518 $44,936 $4,457 $40,479
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11711242

Midwest Real Estate Data (MRED)

APN: 17-04-205-068-1028