Seller's Agent in 2024
Tom Campone
Keller Williams ONEChicago
(702) 528-2267
12 in this area
189 Total Sales
Wells Street Tower 701 S Wells St Unit 1103 Chicago, IL 60607
Printers Row NeighborhoodEstimated Value: $250,926 - $265,000
1
Bed
1
Bath
787
Sq Ft
$637/mo
HOA Fee
Highlights
- Doorman
- 4-minute walk to Chicago Lasalle Station
- Wood Flooring
- South Loop Elementary School Rated 9+
- Fitness Center
- 3-minute walk to Southbank Riverwalk
About This Home
As of July 2024Discover South Loop living at its finest in this stunning open loft unit, featuring expansive windows that flood the space with natural light. The generous-sized bedroom includes a walk-through closet, ensuring ample storage. Relax in the spacious living room with a cozy fireplace, perfect for unwinding after a long day. The home features modern maple cabinets and granite countertops, as well as the convenience of an in-unit washer/dryer combo. This full-amenity building offers a fitness center and a party/meeting room, providing both convenience and luxury. Located near all of the South Loop attractions, you'll enjoy easy access to everything the area has to offer, as well as convenient access to the expressway. Parking space is available for an additional $25,000. Don't miss out on this incredible opportunity to own a piece of South Loop charm!
Last Agent to Sell the Property
Keller Williams ONEChicago License #475168205 Listed on: 06/05/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,521
Year Built
- Built in 2001
Lot Details
- Additional Parcels
HOA Fees
- $637 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Parking Included in Price
- Deeded Parking Sold Separately
Home Design
- Brick Exterior Construction
Interior Spaces
- 787 Sq Ft Home
- Living Room with Fireplace
- Combination Dining and Living Room
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
- Cable TV Available
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, insurance, doorman, tv/cable, exterior maintenance, lawn care, scavenger, snow removal
- 170 Units
- Jermeise Steele Association, Phone Number (312) 913-9000
- Property managed by FirstService Residential
- 23-Story Property
Amenities
- Doorman
- Sundeck
- 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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 5, 2024
Closed on
Jul 8, 2024
Sold by
Magsam Deborah K
Bought by
Fong Shun Yin
Seller's Agent
Tom Campone
Keller Williams ONEChicago
Buyer's Agent
Lindsey Richardson
Baird & Warner
List Price
$225,000
Sold Price
$242,500
Premium/Discount to List
$17,500
7.78%
Views
33
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
$15,482
Avg. Annual Appreciation
5.12%
Original Mortgage
$181,875
Outstanding Balance
$179,956
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$78,026
Purchase Details
Closed on
Feb 21, 2008
Sold by
Kapinus Stephen A
Bought by
Magsam Deborah K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.79%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 26, 2002
Sold by
Wells Street Tower Llc
Bought by
Kapinus Stephen A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
6.25%
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 |
|---|---|---|---|
| Fong Shun Yin | $242,500 | None Listed On Document | |
| Magsam Deborah K | $237,500 | First American Title Ins Co | |
| Kapinus Stephen A | $214,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fong Shun Yin | $181,875 | |
| Previous Owner | Magsam Deborah K | $190,000 | |
| Previous Owner | Kapinus Stephen A | $192,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/19/2024 07/19/24 | Sold | $242,500 | 0.0% | $308 / Sq Ft |
| 06/22/2024 06/22/24 | Pending | -- | -- | -- |
| 06/22/2024 06/22/24 | Off Market | $242,500 | -- | -- |
| 06/05/2024 06/05/24 | For Sale | $225,000 | -- | $286 / 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 | $3,319 | $20,037 | $700 | $19,337 |
| 2023 | $3,214 | $19,047 | $565 | $18,482 |
| 2022 | $3,214 | $19,047 | $565 | $18,482 |
| 2021 | $3,160 | $19,045 | $564 | $18,481 |
| 2020 | $3,231 | $17,604 | $511 | $17,093 |
| 2019 | $3,165 | $19,182 | $511 | $18,671 |
| 2018 | $3,111 | $19,182 | $511 | $18,671 |
| 2017 | $2,678 | $15,814 | $423 | $15,391 |
| 2016 | $2,667 | $15,814 | $423 | $15,391 |
| 2015 | $2,417 | $15,814 | $423 | $15,391 |
| 2014 | $2,038 | $13,553 | $389 | $13,164 |
| 2013 | $1,987 | $13,553 | $389 | $13,164 |
Source: Public Records
Agents Affiliated with this Home
-
Tom Campone
-
Lindsey Richardson
L
Buyer's Agent in 2024
Lindsey Richardson
Baird & Warner
(312) 890-8777
9 in this area
144 Total Sales
About Wells Street Tower
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12075337
APN: 17-16-402-050-1023
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