Seller's Agent in 2023
Mark Ahmad
Century 21 Circle
(773) 983-1553
1 in this area
335 Total Sales
Wells Street Tower 701 S Wells St Unit 2705 Chicago, IL 60607
Printers Row NeighborhoodEstimated Value: $392,000 - $400,000
2
Beds
2
Baths
1,263
Sq Ft
$896/mo
HOA Fee
Highlights
- Balcony
- 4-minute walk to Chicago Lasalle Station
- Laundry closet
- 1 Car Attached Garage
- Entrance Foyer
- 3-minute walk to Southbank Riverwalk
About This Home
As of January 2023In immaculate condition inviting you to move in and enjoy. Nice west view of the Chicago River/Skyline through the 27th floor, 2021, renovation and updates at the Wells Street Tower, with 2022, lobby renovation. Desirable tier offering nice open layout, with large 15X5 foyer, ceramic Porcelain floor entry, and fireplace in living room. Brand-new expensive hardwood floors, modern kitchen with island and stools space, Quarts counter tops, backsplash and Samsung Stainless Steel appliances, nice 12X5 balcony overlooking the river/Skyline.. Master bedroom, standing shower, Jacuzzi-bathtub and double sinks vanity. In-unit washer and dryer. 1-car garage parking space on 2nd floor for addition of $30,000. A beauty throughout with 540k in building reserved amount. Walking distance to shops, transportation with immediate access to major roads, I-90/I-294 and I-55. 2-Pin numbers. Association includes garage parking space # 9 with pin # 1716402051179 for addition $30,000. Unit Pin # 17164020501131
Last Agent to Sell the Property
Century 21 Circle License #471007186 Listed on: 11/21/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,393
Year Built
- Built in 2002 | Remodeled in 2021
Lot Details
- 0.26
HOA Fees
- $896 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,263 Sq Ft Home
- Gas Log Fireplace
- Entrance Foyer
- Living Room with Fireplace
- Dining Room
- Laundry closet
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
Outdoor Features
Schools
- South Loop Elementary School
- Phillips Academy High Middle School
- Woodlawn Elementary School Commu High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
Overview
- Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal, internet
- 170 Units
- Association Phone (312) 313-1000
- Property managed by First Service Residential
- 34-Story Property
Amenities
- Laundry Facilities
Pet Policy
- Pets up to 99 lbs
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 21, 2022
Closed on
Jan 11, 2023
Sold by
Abboud Amer
Bought by
Ganjawala Harsh D and Shakwala Mansi A
Seller's Agent
Mark Ahmad
Century 21 Circle
Buyer's Agent
Benjamin Lissner
Baird & Warner
List Price
$339,000
Sold Price
$355,000
Premium/Discount to List
$16,000
4.72%
Views
13
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
$42,042
Avg. Annual Appreciation
4.07%
Original Mortgage
$355,000
Outstanding Balance
$346,326
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$47,620
Purchase Details
Closed on
Jun 4, 2003
Sold by
Wells Street Tower Llc
Bought by
Abboud Amer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,600
Interest Rate
4.25%
Mortgage Type
Stand Alone First
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 |
|---|---|---|---|
| Ganjawala Harsh D | $355,000 | None Listed On Document | |
| Abboud Amer | -- | Cti | |
| Abboud Amer | $302,000 | Cti |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ganjawala Harsh D | $355,000 | |
| Previous Owner | Abboud Amer | $120,100 | |
| Previous Owner | Abboud Amer | $100,000 | |
| Previous Owner | Abboud Amer | $60,000 | |
| Previous Owner | Abboud Amer | $241,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/12/2023 01/12/23 | Sold | $355,000 | +4.7% | $281 / Sq Ft |
| 12/12/2022 12/12/22 | Pending | -- | -- | -- |
| 11/21/2022 11/21/22 | For Sale | $339,000 | 0.0% | $268 / Sq Ft |
| 09/15/2016 09/15/16 | Rented | $2,550 | -1.9% | -- |
| 08/30/2016 08/30/16 | For Rent | $2,600 | -- | -- |
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 | $6,551 | $32,663 | $1,141 | $31,522 |
| 2023 | $6,386 | $31,048 | $920 | $30,128 |
| 2022 | $6,386 | $31,048 | $920 | $30,128 |
| 2021 | $6,243 | $31,047 | $920 | $30,127 |
| 2020 | $6,393 | $28,697 | $833 | $27,864 |
| 2019 | $6,282 | $31,269 | $833 | $30,436 |
| 2018 | $6,177 | $31,269 | $833 | $30,436 |
| 2017 | $5,550 | $25,780 | $690 | $25,090 |
| 2016 | $5,163 | $25,780 | $690 | $25,090 |
| 2015 | $4,724 | $25,780 | $690 | $25,090 |
| 2014 | $4,099 | $22,094 | $635 | $21,459 |
| 2013 | $3,540 | $22,094 | $635 | $21,459 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Ahmad
-
Benjamin Lissner
Buyer's Agent in 2023
Benjamin Lissner
Baird & Warner
(312) 401-9176
27 in this area
317 Total Sales
-
Mary Ann Goeing
Buyer's Agent in 2016
Mary Ann Goeing
Compass
(630) 781-3899
7 Total Sales
About Wells Street Tower
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11677039
APN: 17-16-402-050-1131
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