$265,000
SOLD NOV 26, 2024
1 Bed
1 Bath
690 Sq Ft
$502/mo HOA Fee

Recently Sold

$384 Per Sq Ft

5% Below List Price

11 Days on Market

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 November 2024

This fully remodeled 1 bedroom, 1 bath unit in Wells Street Tower combines minimalist design with efficient use of space. It features new 6" baseboards, custom paneled doors, and an open floor plan that offers stunning east-facing views of the city. The remodel includes wide plank flooring, custom lighting, and a modern kitchen equipped with shaker-style white cabinets, quartz countertops, tile backsplash, new appliances, under-cabinet lighting, and a breakfast bar. The living area boasts large windows, a mounted TV, and a contemporary gas fireplace. Also included are a side-by-side washer and dryer. The bathroom has been upgraded with large floor tiles, a custom vanity with ample storage, high-end faucets, and an extra-deep whirlpool tub. A Wi-Fi-enabled Nest thermostat enhances convenience. The building itself has newly refurbished amenities including the lobby, fitness center, community center, yoga room, and resident's lounge. Pet-friendly and ideally located near shopping, dining, the water taxi, METRA, river walk, entertainment, and the Roosevelt Collection Retail Center. Ready for move-in with no further work needed.

Last Agent to Sell the Property

Ginger Menne

Baird & Warner License #475137402 Listed on: 10/11/2024

Baird & Warner

Last Buyer's Agent

Chloe Liang

Time Realty LLC License #475193691

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,576

Year Built

  • Built in 2002 | Remodeled in 2022

HOA Fees

  • $502 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Leased Parking
  • Garage Door Opener
  • Driveway

Interior Spaces

  • 690 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Blinds
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • ENERGY STAR Qualified Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, security, doorman, tv/cable, clubhouse, exercise facilities, exterior maintenance, scavenger, snow removal, internet
  • 172 Units
  • Jermeise Steele Association, Phone Number (312) 913-9000
  • High-Rise Condominium
  • Wells Street Tower Subdivision
  • Property managed by First Service Residential
  • Lock-and-Leave Community
  • 34-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Business Center
  • Party Room
  • Elevator
  • Service Elevator
  • Lobby
  • Package Room
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,576

Year Built

Built in 2002 | Remodeled in 2022

Lot Details

0

HOA Fees

$502 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Subdivision Name: Wells Street Tower
  • Year Built: 2002
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 9
  • Rehab Year: 2022
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 34
  • Year Renovated: 2022

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), ENERGY STAR Qualified Appliances
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Wood Laminate Floors, Laundry Hook-Up in Unit, Storage, Open Floorplan, Doorman, Drapes/Blinds, Granite Counters, Lobby
  • LivingArea: 690
  • Other Equipment: Fire Sprinklers, CO Detectors, Ceiling Fan(s), Internet-Fiber
  • Room Type: Foyer
  • Stories Total: 34
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Vinyl
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck, Cable Access
  • List Price: 278000
  • Waterfront: No
  • Exterior Building Type: Glass,Stone,Concrete

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage
  • Highest Parking Fee: 200
  • Lowest Parking Fee: 160

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: Electric Dryer Hookup, In Unit, In Kitchen
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 502
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Receiving Room, Security Door Lock(s), Service Elevator(s), Valet/Cleaner, Business Center, High Speed Conn.
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: JERMEISE STEELE
  • Management Phone: 312-913-9000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Insurance, Security, Doorman, TV/Cable, Clubhouse, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal, Other, Internet

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Lease Amount: 180
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3576.17
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 172

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2024
Closed on
Nov 15, 2024
Sold by
Chicago Title Land Trust Company and Trust Number 8002383017
Bought by
Wang Jue
Seller's Agent
Ginger Menne
Baird & Warner
Buyer's Agent
Chloe Liang
Time Realty LLC
List Price
$278,000
Sold Price
$265,000
Premium/Discount to List
-$13,000
-4.68%
Views
27
Current Estimated Value
$261,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,136
Avg. Annual Appreciation
-4.15%
Original Mortgage
$196,100
Outstanding Balance
$192,660
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$64,602

Purchase Details

Listed on
Sep 24, 2022
Closed on
Nov 21, 2022
Sold by
Davis Darren
Bought by
Chicago Title Land Trust Company
Seller's Agent
David Piche
Fulton Grace Realty
Buyer's Agent
Tina Hollins
Coldwell Banker Realty
List Price
$274,000
Sold Price
$283,000
Premium/Discount to List
$9,000
3.28%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.25%
Original Mortgage
$226,400
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 15, 2021
Closed on
Sep 15, 2021
Sold by
U S Bank National Assocaition
Bought by
Davis Darren
Seller's Agent
David Piche
Fulton Grace Realty
Buyer's Agent
Ewa Piche
Fulton Grace Realty
List Price
$199,900
Sold Price
$160,000
Premium/Discount to List
-$39,900
-19.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.48%

Purchase Details

Closed on
Mar 15, 2021
Sold by
Dudley Rachel and Dudley Rachel S
Bought by
Us Bank National Association and The Rmac Trust Series 2016 Ctt

Purchase Details

Closed on
May 2, 2003
Sold by
Greenspon Steven and Ranum Catherine
Bought by
Dudley Rachel S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,400
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 29, 2002
Sold by
Wells Street Tower Llc
Bought by
Greenspon Steven and Ranum Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,400
Interest Rate
7%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $265,000 Chicago Title
Deed $265,000 Chicago Title
Warranty Deed $283,000 None Listed On Document
Special Warranty Deed $160,000 Chicago Title
Foreclosure Deed -- Attorney
Warranty Deed $172,000 Ctic
Warranty Deed $173,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $196,100 New Conventional
Closed $196,100 New Conventional
Previous Owner $226,400 New Conventional
Previous Owner $184,000 Unknown
Previous Owner $34,500 Stand Alone Second
Previous Owner $215,000 Fannie Mae Freddie Mac
Previous Owner $163,400 Unknown
Previous Owner $138,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2024 11/26/24 Sold $265,000 -4.7% $384 / Sq Ft
10/22/2024 10/22/24 Pending -- -- --
10/11/2024 10/11/24 For Sale $278,000 -1.8% $403 / Sq Ft
12/02/2022 12/02/22 Sold $283,000 +3.3% $410 / Sq Ft
10/08/2022 10/08/22 Pending -- -- --
09/24/2022 09/24/22 For Sale $274,000 +71.3% $397 / Sq Ft
09/24/2021 09/24/21 Sold $160,000 -15.7% $246 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
05/19/2021 05/19/21 Price Changed $189,900 -5.0% $292 / Sq Ft
04/14/2021 04/14/21 For Sale $199,900 -- $308 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $3,668 $18,292 $639 $17,653
2023 $3,576 $17,388 $515 $16,873
2022 $3,576 $17,388 $515 $16,873
2021 $2,827 $17,387 $515 $16,872
2020 $2,889 $16,070 $466 $15,604
2019 $2,829 $17,511 $466 $17,045
2018 $2,780 $17,511 $466 $17,045
2017 $2,381 $14,437 $386 $14,051
2016 $2,391 $14,437 $386 $14,051
2015 $2,165 $14,437 $386 $14,051
2014 $1,819 $12,373 $355 $12,018
2013 $1,772 $12,373 $355 $12,018
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12186275

Midwest Real Estate Data (MRED)

APN: 17-16-402-050-1007