Seller's Agent in 2023
Jennefer Folsom
@ Properties
(312) 533-0749
3 in this area
53 Total Sales
Wells Street Tower 701 S Wells St Unit 2601 Chicago, IL 60607
Printers Row NeighborhoodEstimated Value: $400,000 - $494,000
2
Beds
2
Baths
1,263
Sq Ft
$973/mo
HOA Fee
Highlights
- Doorman
- 4-minute walk to Chicago Lasalle Station
- Lock-and-Leave Community
- Fitness Center
- Open Floorplan
- 3-minute walk to Southbank Riverwalk
About This Home
As of April 2023Welcome home to 701 S. Wells Unit 2601, a spectacularly chic corner unit in a full amenity building, located in the heart of the South Loop. This 2 bedroom 2 bath unit boasts unobstructed views of the city, lake and river, which can be enjoyed from two window walls and your private balcony. Spacious, elegant, and updated, the condo has an ideal layout with open loft vibes in the main living space, and split/fully enclosed bedrooms. The kitchen features a 2021 $6,000 Samsung stainless steel appliance package, custom backsplash, new stainless sink and touchless faucet. New owner will enjoy hardwood floors in main living area, Hunter Douglas electric blinds, in-unit laundry, and a separate area for your dining room table with gorgeous city views. Assessments include gas for heat and cooking, hot water, Internet, Wi-Fi, Cable/TV and air conditioning! Deeded garage parking spot included in price. Building amenities and lobby were remodeled last year and residents enjoy a stylish party room and terrace, yoga room, full gym, library, bike room, and storage locker, as well as 24/7 front desk service and onsite management/engineer. Walking distance to CTA, Loop, Metra, Lakefront, Marianos, Jewel, Target, Trader Joes, and plenty of dining options. Multi Million dollar Chicago Riverwalk project and park well underway right across the street from your home, all the way down to 18th street!
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475182691 Listed on: 02/18/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,757
Year Built
- Built in 2002
Lot Details
- Dog Run
- Additional Parcels
HOA Fees
- $973 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Transmitter
- Garage Door Opener
- Parking Included in Price
Interior Spaces
- 1,263 Sq Ft Home
- Open Floorplan
- Gas Log Fireplace
- Entrance Foyer
- Living Room with Fireplace
- Formal Dining Room
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
Outdoor 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
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, insurance, doorman, tv/cable, clubhouse, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
- 170 Units
- Jermeise Steele Association, Phone Number (312) 346-8600
- Wells Street Tower Subdivision, 01 Ne Corner Floorplan
- Property managed by First Service Residential
- Lock-and-Leave Community
- 32-Story Property
Amenities
- Doorman
- Valet Parking
- Sundeck
- Business Center
- Party Room
- Elevator
- Service Elevator
- Package Room
- Community Storage Space
Recreation
- Bike Trail
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 18, 2023
Closed on
Mar 22, 2023
Sold by
Cartus Financial Corporation
Bought by
Krebs Kristen A and Ciesla James R
Seller's Agent
Jennefer Folsom
@properties Christie's International Real Estate
Buyer's Agent
Michelle Welch
Compass
List Price
$420,000
Sold Price
$425,000
Premium/Discount to List
$5,000
1.19%
Total Days on Market
1
Views
60
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
$4,105
Avg. Annual Appreciation
1.18%
Purchase Details
Closed on
Jan 4, 2023
Sold by
Borucke Richard V
Bought by
Cartus Financial Corporation
Purchase Details
Listed on
Feb 24, 2021
Closed on
Apr 6, 2021
Sold by
Ariyan Mansoore and Gladden James Thomas
Bought by
Borucke Richard
Seller's Agent
Mark Glusker
Mark Allen Realty ERA Powered
Buyer's Agent
Jennefer Folsom
@properties Christie's International Real Estate
List Price
$399,999
Sold Price
$392,000
Premium/Discount to List
-$7,999
-2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.52%
Original Mortgage
$294,000
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 9, 2018
Sold by
Ansari Sina and Ariyan Mansoore
Bought by
Airyan Mansoore
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
4.87%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 15, 2015
Closed on
Jan 25, 2016
Sold by
Rockey Paul H
Bought by
Ansari Sina and Ariyan Mansoore
Seller's Agent
Hilary Pender
Baird & Warner
Buyer's Agent
Mark Glusker
Mark Allen Realty ERA Powered
List Price
$370,000
Sold Price
$375,500
Premium/Discount to List
$5,500
1.49%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.60%
Original Mortgage
$325,500
Interest Rate
4.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 7, 2010
Sold by
Rockey Paul H
Bought by
Rockey Paul H and Rockey Linda M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
4.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 15, 2003
Sold by
Rockey Paul H and Rockey Linda M
Bought by
The Paul H Rockey Declaration Of Trust and The Linda M Rockey Declaration Of Trust
Purchase Details
Closed on
Mar 11, 2003
Sold by
Wells Street Tower Llc
Bought by
Rockey Paul H and Rockey Linda M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
5.95%
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 |
|---|---|---|---|
| Krebs Kristen A | $425,000 | Burnet Title | |
| Cartus Financial Corporation | $425,000 | None Listed On Document | |
| Borucke Richard | $392,000 | Saturn Title Llc | |
| Airyan Mansoore | -- | Chicago Title | |
| Ansari Sina | $375,500 | Ct | |
| Rockey Paul H | -- | None Available | |
| The Paul H Rockey Declaration Of Trust | -- | -- | |
| Rockey Paul H | $399,000 | Cti |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Borucke Richard | $294,000 | |
| Previous Owner | Ariyan Mansoore | $295,000 | |
| Previous Owner | Ariyan Mansoore | $304,000 | |
| Previous Owner | Airyan Mansoore | $304,000 | |
| Previous Owner | Ansari Sina | $325,500 | |
| Previous Owner | Rockey Paul H | $217,000 | |
| Previous Owner | Rockey Paul H | $238,000 | |
| Previous Owner | Rockey Paul H | $250,000 | |
| Previous Owner | Rockey Paul H | $319,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/11/2023 04/11/23 | Sold | $425,000 | +1.2% | $337 / Sq Ft |
| 02/20/2023 02/20/23 | Pending | -- | -- | -- |
| 02/18/2023 02/18/23 | For Sale | $420,000 | +7.1% | $333 / Sq Ft |
| 04/12/2021 04/12/21 | Sold | $392,000 | -2.0% | $310 / Sq Ft |
| 03/02/2021 03/02/21 | Pending | -- | -- | -- |
| 02/24/2021 02/24/21 | For Sale | $399,999 | +6.5% | $317 / Sq Ft |
| 01/29/2016 01/29/16 | Sold | $375,500 | +4.3% | $297 / Sq Ft |
| 12/23/2015 12/23/15 | Pending | -- | -- | -- |
| 11/06/2015 11/06/15 | Price Changed | $360,000 | -1.4% | $285 / Sq Ft |
| 10/12/2015 10/12/15 | Price Changed | $365,000 | -1.4% | $289 / Sq Ft |
| 08/15/2015 08/15/15 | For Sale | $370,000 | -- | $293 / 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 | $6,777 | $37,280 | $1,303 | $35,977 |
| 2023 | $7,289 | $35,437 | $1,050 | $34,387 |
| 2022 | $7,289 | $35,437 | $1,050 | $34,387 |
| 2021 | $6,456 | $35,436 | $1,050 | $34,386 |
| 2020 | $6,605 | $32,753 | $951 | $31,802 |
| 2019 | $6,481 | $35,689 | $951 | $34,738 |
| 2018 | $6,371 | $35,689 | $951 | $34,738 |
| 2017 | $5,607 | $29,424 | $787 | $28,637 |
| 2016 | $5,893 | $29,424 | $787 | $28,637 |
| 2015 | $4,568 | $29,424 | $787 | $28,637 |
| 2014 | $3,862 | $25,217 | $725 | $24,492 |
| 2013 | $3,766 | $25,217 | $725 | $24,492 |
Source: Public Records
Agents Affiliated with this Home
-
Jennefer Folsom
-
Michelle Welch
Buyer's Agent in 2023
Michelle Welch
Compass
(630) 881-8817
1 in this area
67 Total Sales
-
Mark Glusker
Seller's Agent in 2021
Mark Glusker
Mark Allen Realty ERA Powered
(773) 447-4899
1 in this area
23 Total Sales
-
Hilary Pender
Seller's Agent in 2016
Hilary Pender
Baird & Warner
(773) 876-8234
23 Total Sales
About Wells Street Tower
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11721691
APN: 17-16-402-050-1121
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