Wells Street Tower 701 S Wells St Unit 2006 Chicago, IL 60607
Printers Row Neighborhood
3
Beds
2.5
Baths
1,652
Sq Ft
$1,313/mo
HOA Fee
Highlights
- Doorman
- 4-minute walk to Chicago Lasalle Station
- Business Center
- Fitness Center
- Wood Flooring
- 3-minute walk to Southbank Riverwalk
About This Home
As of December 2024Welcome to Wells Street Tower -your Urban Oasis at 701 South Wells Street, Unit 2006, nestled in the vibrant heart of Chicago. This stylish high-rise corner unit boasts 3 spacious bedrooms and 2.5 bathrooms, with floor-to-ceiling windows that frame breathtaking northwest views and spectacular sunsets. Recently refreshed, the condo features fresh paint, new carpets, and updated window treatments for a move-in-ready experience. Step into the open-concept living space adorned with hardwood floors and a cozy fireplace, perfect for entertaining or unwinding in style. The modern kitchen with island is equipped with stainless steel appliances, a gas stove, a dishwasher, and a microwave. Enjoy the convenience of in-unit washer and dryer along with central AC/Heat. Relish in the luxury of a private balcony, ideal for relaxing or hosting guests. Building amenities include a 24 hour doorman, elevator, garage, gym, yoga/meditation room, business center/lounge, party room, and storage. Pet-friendly building - your furry friends will feel right at home. HOA dues cover: Heat, AC, Gas, Cable, Internet/Wi-Fi. Everything included except ComEd(electric). One Deeded Garage Spot included in the price. Prime Location: Just around the corner from British School, Loop, Trains and Roosevelt Road Shopping and Dining. Embrace city living with modern flair in this exquisite high-rise condo!
Last Agent to Sell the Property
Compass License #475120198 Listed on: 10/21/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,227
Year Built
- Built in 2002
HOA Fees
- $1,313 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Concrete Perimeter Foundation
Interior Spaces
- 1,652 Sq Ft Home
- Gas Log Fireplace
- Family Room
- Living Room with Fireplace
- Dining Room
- Storage
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Walk-In Closet
- Soaking Tub
- European Shower
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Forced Air Zoned Heating and Cooling System
- Lake Michigan Water
- Cable TV Available
Additional Features
- Additional Parcels
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal
- 170 Units
- Jermeise Steele Association, Phone Number (312) 913-9000
- High-Rise Condominium
- Wells Street Tower Subdivision, 06 Tier Floorplan
- Property managed by First Service Residential
- 34-Story Property
Amenities
- Doorman
- Sundeck
- Common Area
- Business Center
- Party Room
- Elevator
- Service Elevator
- Package Room
- Community Storage Space
Recreation
- Bike Trail
Pet Policy
- Pets up to 100 lbs
- 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
Oct 21, 2024
Closed on
Dec 12, 2024
Sold by
Mcbride Matthew
Bought by
Banks-Word Kamilah
Seller's Agent
Mary Ellen Apostolopoulos
Compass
Buyer's Agent
Lea Cwik
Berkshire Hathaway HomeServices Chicago
List Price
$539,999
Sold Price
$524,000
Premium/Discount to List
-$15,999
-2.96%
Views
48
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
-$5,180
Avg. Annual Appreciation
0.27%
Original Mortgage
$471,600
Outstanding Balance
$469,975
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$54,922
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 | $524,000 | Chicago Title | |
| Warranty Deed | $524,000 | Chicago Title | |
| Quit Claim Deed | -- | Chicago Title | |
| Warranty Deed | $524,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $471,600 | New Conventional | |
| Closed | $471,600 | New Conventional | |
| Previous Owner | $185,000 | Credit Line Revolving | |
| Previous Owner | $200,000 | Balloon |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/16/2024 12/16/24 | Sold | $524,000 | -3.0% | $317 / Sq Ft |
| 11/14/2024 11/14/24 | Pending | -- | -- | -- |
| 10/21/2024 10/21/24 | For Sale | $539,999 | 0.0% | $327 / Sq Ft |
| 02/29/2016 02/29/16 | Rented | $3,895 | 0.0% | -- |
| 01/27/2016 01/27/16 | For Rent | $3,895 | -- | -- |
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 | $8,911 | $44,433 | $1,553 | $42,880 |
| 2023 | $8,687 | $42,237 | $1,252 | $40,985 |
| 2022 | $8,687 | $42,237 | $1,252 | $40,985 |
| 2021 | $8,493 | $42,235 | $1,251 | $40,984 |
| 2020 | $8,697 | $39,039 | $1,134 | $37,905 |
| 2019 | $8,546 | $42,538 | $1,134 | $41,404 |
| 2018 | $7,724 | $42,538 | $1,134 | $41,404 |
| 2017 | $6,823 | $35,070 | $938 | $34,132 |
| 2016 | $6,524 | $35,070 | $938 | $34,132 |
| 2015 | $5,946 | $35,070 | $938 | $34,132 |
| 2014 | $5,100 | $30,056 | $864 | $29,192 |
| 2013 | $4,988 | $30,056 | $864 | $29,192 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Mary Ellen Apostolopoulos
Compass
(312) 485-3330
7 in this area
73 Total Sales
-
Buyer's Agent in 2024
Lea Cwik
Berkshire Hathaway HomeServices Chicago
(513) 658-7431
1 in this area
42 Total Sales
-
B
Seller's Agent in 2016
Bonnie Rawitz
Sunrise Realty Group, Inc.
(773) 960-5553
10 Total Sales
-
Buyer's Agent in 2016
Katie Keating
Compass
25 Total Sales
About Wells Street Tower
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12181629
APN: 17-16-402-050-1090
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