NOT LISTED FOR SALE

1515 N Wells St Unit 5F Chicago, IL 60610

Old Town Neighborhood

Estimated Value: $493,000 - $567,000

2 Beds
2 Baths
-- Sq Ft
$564/mo HOA Fee

Last Sold May 17, 2023

Last sale price $440,000

Est. 19% increase in value since last sale

Current estimated payment $4,207/month

16 Days on Market

Highlights

  • Lock-and-Leave Community
  • Wood Flooring
  • Stainless Steel Appliances
  • Lincoln Park High School Rated A
  • Elevator
  • Balcony

About This Home

As of May 2023

Incredible Old Town 2 bedroom, 2 bathroom condo along the desirable Wells Street! This home is located in a boutique building with an ideal open floor plan, unit has been freshly painted, and has a sizable South-facing balcony. Kitchen features a breakfast bar for additional seating, stainless steel appliances, extensive cabinet storage space and granite countertops. The dining room and living room flow nicely together, perfect for entertaining! The bright and sunny living room features a gas fireplace. The large primary bedroom suite has a spacious walk-in closet and an ensuite bathroom with a dual sink vanity, separate shower and soaking tub. Convert the second bedroom from a home office to a guest suite in seconds with a built-in queen murphy bed. Take advantage of this perfectly positioned home just steps from the area's best restaurants, entertainment, shopping, events, parks, and lake/beach.

Last Agent to Sell the Property

Joshua Wiedow

Baird & Warner License #475175015 Listed on: 03/03/2023

Baird & Warner

Last Buyer's Agent

Aysha Hackert

Compass License #475178529

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,007

Year Built

  • Built in 2000

Lot Details

  • 0.31

HOA Fees

  • $564 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Balcony
  • Additional Parcels

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, tv/cable, exterior maintenance, scavenger, snow removal
  • 31 Units
  • Self Managed Association
  • Property managed by Self-managed
  • Lock-and-Leave Community
  • 8-Story Property

Amenities

  • Elevator
  • Service Elevator

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Storm Screens
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,007

Year Built

Built in 2000

Lot Details

0

HOA Fees

$564 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2000
  • 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: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Laundry Hook-Up in Unit
  • Other Equipment: TV-Cable, Intercom, Fire Sprinklers
  • Room Type: Balcony/Porch/Lanai, Foyer
  • Stories Total: 8
  • Basement Description: None
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Flooring: Carpet

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens
  • List Price: 450000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 564
  • Association Amenities: Elevator(s), Security Door Lock(s), Service Elevator(s), Ceiling Fan
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self-managed
  • Management Contact Name: Self-managed
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, TV/Cable, Exterior Maintenance, 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: 999

Tax Info

  • Tax Annual Amount: 10006.52
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2018
Sold by
Gibbons Nancy
Bought by
Gibbons Nancy and Nancy Gibbons Living Trust
Current Estimated Value
$523,292

Purchase Details

Listed on
Feb 18, 2013
Closed on
May 3, 2013
Sold by
Carroll Kathy S
Bought by
Gibbons Nancy M
Seller's Agent
Gregory Brooks
Baird & Warner
Buyer's Agent
Joseph Milito
The 320 Sycamore Group
List Price
$386,000
Sold Price
$425,000
Premium/Discount to List
$39,000
10.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.16%

Purchase Details

Closed on
Jun 26, 2006
Sold by
Dippell William R and Faunda Diane
Bought by
Carroll Kathy S and Kathy S Carroll Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.82%
Mortgage Type
Unknown
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
Gibbons Nancy -- Attorney
Gibbons Nancy M $425,000 Baird & Warner Title Service
Carroll Kathy S $475,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carroll Kathy S $80,000
Previous Owner Dippell William R $280,000
Previous Owner Faunda Diane M $284,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2023 05/17/23 Sold $440,000 -2.2% --
03/20/2023 03/20/23 Pending -- -- --
03/03/2023 03/03/23 For Sale $450,000 +5.9% --
05/03/2013 05/03/13 Sold $425,000 +10.1% --
02/22/2013 02/22/13 Pending -- -- --
02/18/2013 02/18/13 For Sale $386,000 -- --
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 $9,500 $40,828 $10,319 $30,509
2023 $9,231 $47,220 $8,313 $38,907
2022 $9,231 $47,220 $8,313 $38,907
2021 $9,068 $47,219 $8,312 $38,907
2020 $8,695 $40,882 $5,815 $35,067
2019 $8,509 $44,371 $5,815 $38,556
2018 $9,072 $44,371 $5,815 $38,556
2017 $7,240 $32,408 $4,652 $27,756
2016 $6,738 $32,408 $4,652 $27,756
2015 $6,175 $32,408 $4,652 $27,756
2014 $6,257 $32,395 $3,738 $28,657
2013 $5,643 $32,395 $3,738 $28,657
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11729784

Midwest Real Estate Data (MRED)

APN: 17-04-204-057-1028