Seller's Agent in 2024
Theodore Burns
Compass
(847) 345-1332
2 in this area
34 Total Sales
Wells Street Tower 701 S Wells St Unit 1608 Chicago, IL 60607
Printers Row NeighborhoodEstimated Value: $375,000 - $501,000
2
Beds
2
Baths
1,200
Sq Ft
$978/mo
HOA Fee
Highlights
- Doorman
- 4-minute walk to Chicago Lasalle Station
- Open Floorplan
- South Loop Elementary School Rated 9+
- Fitness Center
- 3-minute walk to Southbank Riverwalk
About This Home
As of May 2024Welcome to Wells Street Tower, a sophisticated condominium building nestled in the historic and vibrant Printer's Row. This two-bedroom, two-bathroom gem boasts a thoughtfully designed split bedroom floor plan, an open-concept kitchen, and an expansive living-dining room combo. Upon entering, you're greeted by a hardwood-floored hallway leading to a coat closet and a separate laundry closet with a brand-new washer and dryer. Journey through to the kitchen, featuring a large island, updated track lighting, new hardware, and recently painted white cabinets. The living-dining room combo is a spacious oasis, illuminated by the warm glow of a gas fireplace-an ideal setting for both intimate evenings and entertaining guests. Step outside onto the covered balcony to immerse yourself in stunning cityscape and river views.The primary bedroom and ensuite bathroom are conveniently located off the living room. Highlights include a generous walk-in closet, a new ceiling fan and light fixture combo, a brand-new double vanity, and a separate shower and bathtub.Wells Street Tower offers elevated living, providing residents with proximity to neighborhood experiences like morning strolls along the Chicago River, visits to the dog park, farmers market, or book festival. All amenity spaces have been recently renovated for the full enjoyment of residents and guests, including a refreshed lobby. Take advantage of the sundeck, unwind in the yoga studio, maintain your fitness routine in the state-of-the-art gym, and host gatherings in the stylish resident lounge. The 24-hour door person adds an extra layer of security and convenience. Additional incentives include one storage locker and one parking spot, both included in the price. This condo isn't just a home; it's modern city living at its finest.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,612
Year Built
- Built in 2002
Lot Details
- 0.26
HOA Fees
- $978 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Parking Included in Price
Interior Spaces
- 1,200 Sq Ft Home
- Open Floorplan
- Gas Log Fireplace
- Double Pane Windows
- Insulated Windows
- Drapes & Rods
- Window Screens
- Living Room with Fireplace
- Storage
- Wood Flooring
Kitchen
- Gas Cooktop
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Utilities
- Central Air
- Heating System Uses Natural Gas
- 200+ Amp Service
- Lake Michigan Water
Additional Features
- Additional Parcels
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, parking, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal, internet
- 170 Units
- Jermeise Steele Association, Phone Number (312) 913-9000
- Wells Street Tower Subdivision
- Property managed by First Service Residential
- 34-Story Property
Amenities
- Doorman
- Sundeck
- Business Center
- Party Room
- Community Storage Space
- Elevator
Recreation
- Bike Trail
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 28, 2024
Closed on
May 14, 2024
Sold by
Christensen Jake Michael
Bought by
Kravets Sergei and Majka-Kravets Zdzislawa
Seller's Agent
Theodore Burns
Compass
Buyer's Agent
Jennifer Conte
RE/MAX Professionals Select
List Price
$430,000
Sold Price
$421,000
Premium/Discount to List
-$9,000
-2.09%
Views
80
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,838
Avg. Annual Appreciation
-2.14%
Purchase Details
Listed on
Jun 21, 2019
Closed on
Jul 25, 2019
Sold by
Mtglq Investors Lp
Bought by
Christensen Jake Michael
Seller's Agent
Ryan Smith
RE/MAX Premier
Buyer's Agent
Theodore Burns
Compass
List Price
$389,900
Sold Price
$384,000
Premium/Discount to List
-$5,900
-1.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.93%
Purchase Details
Closed on
Jan 4, 2019
Sold by
Davis Nora
Bought by
Mtglo Investors Lp
Purchase Details
Closed on
Sep 17, 2004
Sold by
Blosser David and Blosser Jessica
Bought by
Davis Nora
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,500
Interest Rate
6.65%
Mortgage Type
Unknown
Purchase Details
Closed on
May 17, 2004
Sold by
Blosser David and Blosser Jessica
Bought by
Blosser David and Blosser Jessica
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 27, 2003
Sold by
Kooistra Jeremy and Kooistra Kimberly
Bought by
Blosser David and Kuhl Jessica
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
3.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 20, 2003
Sold by
Wells Street Tower Llc
Bought by
Blosser David and Kuhl Jessica
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
3.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 5, 2002
Sold by
Wells Street Tower Llc
Bought by
Kooistra Jeremy and Kooistra Kimberly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,600
Interest Rate
7%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kravets Sergei | $421,000 | Chicago Title | |
| Christensen Jake Michael | $384,000 | Stewart Title | |
| Mtglo Investors Lp | -- | Attorney | |
| Davis Nora | $370,000 | Multiple | |
| Blosser David | -- | Oconnor Title Services Inc | |
| Blosser David | $310,000 | Cti | |
| Blosser David | $30,000 | Cti | |
| Kooistra Jeremy | $282,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Christensen Jake Michael | $205,000 | |
| Previous Owner | Davis Nora | $351,500 | |
| Previous Owner | Kuhl Jessica | $25,000 | |
| Previous Owner | Blosser David | $320,000 | |
| Previous Owner | Kerns Jacqueline M | $25,000 | |
| Previous Owner | Blosser David | $322,700 | |
| Previous Owner | Blosser David | $322,700 | |
| Previous Owner | Kooistra Jeremy | $225,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/17/2024 05/17/24 | Sold | $421,000 | -2.1% | $351 / Sq Ft |
| 04/13/2024 04/13/24 | Pending | -- | -- | -- |
| 03/19/2024 03/19/24 | For Sale | $430,000 | 0.0% | $358 / Sq Ft |
| 03/08/2024 03/08/24 | Pending | -- | -- | -- |
| 02/28/2024 02/28/24 | For Sale | $430,000 | +12.0% | $358 / Sq Ft |
| 07/31/2019 07/31/19 | Sold | $384,000 | -1.5% | $307 / Sq Ft |
| 07/30/2019 07/30/19 | For Sale | $389,900 | 0.0% | $312 / Sq Ft |
| 07/11/2019 07/11/19 | Pending | -- | -- | -- |
| 07/10/2019 07/10/19 | Price Changed | $389,900 | -2.4% | $312 / Sq Ft |
| 06/20/2019 06/20/19 | For Sale | $399,500 | -- | $320 / Sq Ft |
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 | $6,467 | $32,245 | $1,127 | $31,118 |
| 2023 | $6,304 | $30,651 | $909 | $29,742 |
| 2022 | $6,304 | $30,651 | $909 | $29,742 |
| 2021 | $6,163 | $30,649 | $908 | $29,741 |
| 2020 | $6,311 | $28,330 | $823 | $27,507 |
| 2019 | $5,513 | $30,869 | $823 | $30,046 |
| 2018 | $5,419 | $30,869 | $823 | $30,046 |
| 2017 | $5,479 | $25,450 | $681 | $24,769 |
| 2016 | $5,097 | $25,450 | $681 | $24,769 |
| 2015 | $4,664 | $25,450 | $681 | $24,769 |
| 2014 | $3,570 | $21,811 | $627 | $21,184 |
| 2013 | $3,489 | $21,811 | $627 | $21,184 |
Source: Public Records
Agents Affiliated with this Home
-
Theodore Burns
-
Jennifer Conte
Buyer's Agent in 2024
Jennifer Conte
RE/MAX
(630) 408-6400
1 in this area
166 Total Sales
-
Ryan Smith
Seller's Agent in 2019
Ryan Smith
RE/MAX Premier
(312) 810-9680
1 in this area
796 Total Sales
About Wells Street Tower
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11990374
APN: 17-16-402-050-1060
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