Wells Street Tower 701 S Wells St Unit 2206 Chicago, IL 60607
Printers Row Neighborhood
2
Beds
2
Baths
1,652
Sq Ft
$1,328/mo
HOA Fee
Highlights
- Doorman
- 4-minute walk to Chicago Lasalle Station
- Wood Flooring
- Fitness Center
- Open Floorplan
- 3-minute walk to Southbank Riverwalk
About This Home
As of January 2025Feedback: Pictures don't do this space justice. MASSIVE (1652 sq ft!) + GORGEOUS 2 bed + REAL den, custom, one-of-a-kind corner unit at desirable Wells Street Tower boasts incredible open and flex floor plan with fantastic, well-designed entertaining and chilling spaces, built-ins, stunning north and west views (city! river! sunsets!) with floor-to-ceiling and wall-to-wall windows, walk-out balcony, timeless and well-placed kitchen with classic shaker cabinetry, stainless appliances and granite counters. This smart space has a gas fireplace in the den area which offers the classic living room opportunities for even larger gatherings. Spacious and beautiful primary bedroom enjoys western sunsets, organized walk-in and linen closets, attached bath with double vanity, combo shower/tub room. The generous north-facing bedroom has a wall of closets and oversized bathroom with custom double-sized shower. Original owners expanded the laundry to create an oversized laundry+pantry room and we can't unsee the amount of great storage here! PRIME oversized garage parking + more storage INCLUDED in price. Full amenity, 24 hour doorman building has well-appointed gym + yoga studio, party, business center/lounge and media rooms and outdoor terrace. Pet friendly building! SouthBank/Printers Row/SouthLoop location steps to British School, public transport, shopping, and dining, night life, green areas and biking paths. Easy walk to the lake, museums, theaters. Look for all the future development to come! Original owners have had the best time enjoying fantastic access to all the city has to offer from this great location!
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475136839 Listed on: 11/08/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,131
Year Built
- Built in 2002
HOA Fees
- $1,328 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Transmitter
- Garage Door Opener
- Parking Included in Price
Interior Spaces
- 1,652 Sq Ft Home
- Open Floorplan
- Built-In Features
- Bookcases
- Ceiling height of 10 feet or more
- Double Sided Fireplace
- Gas Log Fireplace
- Sliding Doors
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Combination Kitchen and Dining Room
- Storage
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
- Disposal
Flooring
- Wood
- Partially Carpeted
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Bidet
Laundry
- Laundry Room
- Dryer
- Washer
Accessible Home Design
- Handicap Shower
- Grab Bar In Bathroom
- Accessibility Features
Schools
- South Loop Elementary School
- Phillips Academy High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Additional Parcels
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, water, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal, internet
- 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
- 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
Nov 8, 2024
Closed on
Jan 17, 2025
Sold by
Ellen T Mccarthy Living Trust and Patrick O Mccarthy Living Trust
Bought by
Soha Rangie and Ferdosi Baviloliaei Nima
Seller's Agent
Clare Spartz
@properties Christie's International Real Estate
Buyer's Agent
Matt Laricy
Americorp, Ltd
List Price
$525,000
Sold Price
$495,000
Premium/Discount to List
-$30,000
-5.71%
Views
29
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
$2,368
Avg. Annual Appreciation
2.21%
Original Mortgage
$396,000
Outstanding Balance
$395,282
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$105,807
Purchase Details
Closed on
May 22, 2006
Sold by
Mccarthy Patrick O and Mccarthy Ellen T
Bought by
Mccarthy Ellen T and Ellen T Mccarthy Living Trust
Purchase Details
Closed on
Apr 18, 2003
Sold by
Mccarthy Patrick and Mccarthy Ellen
Bought by
The Mccarthy 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
$285,500
Interest Rate
5.78%
Mortgage Type
Balloon
Purchase Details
Closed on
Jun 17, 2002
Sold by
Wells Street Tower Llc
Bought by
Mccarthy 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
$150,000
Interest Rate
6.91%
Mortgage Type
Balloon
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 | $495,000 | Proper Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Metropolitan Title Co | |
| Interfamily Deed Transfer | -- | Metropolitan Title Co | |
| Warranty Deed | $434,500 | Ctic | |
| Warranty Deed | $434,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $396,000 | New Conventional | |
| Previous Owner | $239,000 | New Conventional | |
| Previous Owner | $260,000 | Unknown | |
| Previous Owner | $285,500 | Balloon | |
| Previous Owner | $150,000 | Balloon |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/18/2025 01/18/25 | Sold | $495,000 | -5.7% | $300 / Sq Ft |
| 12/09/2024 12/09/24 | Pending | -- | -- | -- |
| 11/08/2024 11/08/24 | For Sale | $525,000 | -- | $318 / 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 | $7,815 | $45,244 | $1,581 | $43,663 |
| 2023 | $7,579 | $43,008 | $1,275 | $41,733 |
| 2022 | $7,579 | $43,008 | $1,275 | $41,733 |
| 2021 | $7,443 | $43,006 | $1,274 | $41,732 |
| 2020 | $7,611 | $39,751 | $1,154 | $38,597 |
| 2019 | $7,462 | $43,314 | $1,154 | $42,160 |
| 2018 | $7,335 | $43,314 | $1,154 | $42,160 |
| 2017 | $6,379 | $35,710 | $955 | $34,755 |
| 2016 | $6,295 | $35,710 | $955 | $34,755 |
| 2015 | $5,720 | $35,710 | $955 | $34,755 |
| 2014 | $4,861 | $30,605 | $880 | $29,725 |
| 2013 | $4,746 | $30,605 | $880 | $29,725 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Clare Spartz
@ Properties
(773) 208-3288
1 in this area
81 Total Sales
-
Buyer's Agent in 2025
Matt Laricy
Americorp, Ltd
(708) 250-2696
84 in this area
2,503 Total Sales
About Wells Street Tower
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12206169
APN: 17-16-402-050-1102
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