507 N Wells St, Unit 2

Chicago, IL 60654

$700,000
Last Sold Price
3
Beds
2,200 Sq. Ft.
$318 / Sq. Ft.
2,200
Sq. Ft.
$318
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 8/11/21
Closed 8/11/21

Description

Location Location Location right in the heart of River North. No other Unit like this owner is an experienced rehabber with all high-end finishes. SmartHome system that allows control of the entire home on your phone, from dimming lights, music (ceiling speakers throughout the house) to opening and closing blinds. The property faces west so lots of natural light to complement the Open concept living, dining, and kitchen great for parties. The gourmet kitchen has high-end appliances, quartz everywhere,...Location Location Location right in the heart of River North. No other Unit like this owner is an experienced rehabber with all high-end finishes. SmartHome system that allows control of the entire home on your phone, from dimming lights, music (ceiling speakers throughout the house) to opening and closing blinds. The property faces west so lots of natural light to complement the Open concept living, dining, and kitchen great for parties. The gourmet kitchen has high-end appliances, quartz everywhere, a built-in bar, and cabinets to the ceiling. Huge walk-in closet for the master bedroom, additional shoe closet, and Luxury Spa bath with imported tile. Separate soaking tub and steam shower, double sink vanity. Large private deck with additional space in the common deck right below. Smart keyless entry. Heated Garage Parking with a separate pin is available for 30,000. The property is investor-friendly.
  1. Listed by Felix Bahena • First Rate Properties
    P: (708)-484-9900 C: (630)-660-9902 felixbrealty@gmail.com

Sold By Baird & Warner

Property Details for 507 North Wells Street, Unit 2

Area
CHI - Near North Side
Township
North Chicago
Ownership
Condo
Num Of Garage Spaces
1.0
Num Of Cars
1.0
Parking Included in Price
No
Air Conditioning Type
Central Air
Num of Interior Fireplaces
1
LISTING UPDATED: 08/16/2021 08:48 AM

Property Details for 507 North Wells Street, Unit 2

StatusClosed
MLS #11099255
Days on Market29
Pet PolicyAllowed
Taxes$11,225 / year
HOA Fees$496 / month
Condo/Co-op Fees-
Property TypeCondo
MLS TypeAttached Single / Condo
Year Built-
CountyCook County
Get preapproved with Rocket Mortgage1

Location

Add your commute

Building Information for 507 North Wells Street, Unit 2

Building/Complex507 N Wells StFloor-Stories4Residences12Pet PolicyAllowedPet Policy DetailsYesYear Built-

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$4,920 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,488

Property Taxes

$935

HOA Dues

$496

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 507 North Wells Street, Unit 2

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage Details: Transmitter(s), Heated
  • Garage On Site: false
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Detached
  • Deeded Garage Cost: $30,000.00
  • Parking: Garage
Pet Information
  • Max Pet Weight: 60.0
  • Pet Information: Cats OK, Dogs OK, Pet Weight Limitation
Taxes and HOA Information
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Water, Common Insurance, Exterior Maintenance, Scavenger
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Additional Parcels: Yes
Property Information
Interior Features
  • Interior Property Features: Bar-Wet, Hardwood Floors, First Floor Bedroom, Laundry Hook-Up in Unit, Built-in Features, Walk-In Closet(s)
  • Common Area Amenities: Sundeck
  • Num Of Rooms: 6
  • Bedrooms Total: 3
  • Bedrooms (Below Grade): 0
  • Unit Floor Level: 2
  • Bath Amenities: Separate Shower,Handicap Shower,Steam Shower,Double Sink,Full Body Spray Shower,Soaking Tub
  • Fireplace Features: Electric
  • Basement Type: None
  • Bedrooms Possible: 3
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • Basement Description: None
  • Dining Room: Combined w/ LivRm
  • Basement Bathrooms: No
  • Fireplace Location: Living Room
  • Room Type: Deck
  • Num of Baths: 2.0
Exterior Features
  • Type: Condo,Low Rise (1-3 Stories)
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Property/Lot Information
  • Exterior Property Features: Deck, Patio, Storms/Screens
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2016
  • Built Before 1978: Yes
  • Age: 91-100 Years
  • Type Attached: Condo, Low Rise (1-3 Stories)
  • Total Sq Ft: 0
  • Aprox Total Finished Sq Ft: 0
  • Total Finished and Unfin Sq Ft: 0
  • Lot Dimensions: COMMON
  • Stories Total: 3
  • Total # Units in Building: 17.0
  • Waterfront: No
  • Disability Access and/or Equipped: No
  • Exterior Building Type: Brick
  • General Information: None
  • North Coordinate: 507
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 200
  • Living Area Source: Estimated
  • Management: Manager Off-site
  • Management Company: Kane Property Mnagement
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2021-05-28T17:07:06
  • Photos Count: 24
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Main
  • Room Type: Master Bedroom
  • Master Bedroom Bath: Full
  • Master Bedroom Flooring: Hardwood
  • Master Bedroom Window Treatments: Blinds
  • Master Bedroom Dimensions: 15X13
Bedroom #2 Information
  • 2nd Bedroom Level: Main
  • Room Type: Bedroom 2
  • 2nd Bedroom Flooring: Carpet
  • 2nd Bedroom Window Treatments: Blinds
  • Bedroom #2 Room Dimensions: 12X18
Bedroom #3 Information
  • 3rd Bedroom Level: Main
  • Room Type: Bedroom 3
  • 3rd Bedroom Flooring: Hardwood
  • Bedroom #3 Room Dimensions: 12X10
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Flooring: Hardwood
  • Dining Room Window Treatments: Blinds
  • Dining Room Dimensions: COMBO
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Type: Eating Area-Breakfast Bar,Island
  • Kitchen Flooring: Hardwood
  • Kitchen Dimensions: 16X10
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Flooring: Hardwood
  • Living Room Window Treatments: Blinds
  • Living Room Dimensions: 23X20
Deck Information
  • Room Level: Main
  • Room Type: Deck
  • Dimensions: 12X10

Property History for 507 North Wells Street, Unit 2

DateEvent & SourcePriceAppreciation
Aug 11, 2021

Sold

MRED #11099255

$700,000—
Aug 1, 2021

Sold (Public Record)

Public Record #1473077429

$700,000

+2.8% / yr

Jun 21, 2021

Pending

MRED #11099255

—
DateEvent & SourcePrice
08/11/2021

Sold

MRED #11099255

$700,000
08/01/2021

Sold (Public Record)

Public Record #1473077429

$700,000

+2.8% / yr

06/21/2021

Pending

MRED #11099255

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 507 North Wells Street, Unit 2

Taxable ValueLand$13,930Additions$44,208Total$58,138
Tax Record2023$12,171 ($1,014 / month)
Home Facts
Beds3Total Finished SqFt2,200 SqFtAbove Grade Finished SqFt2,200 SqFtStories4Lot Size9,130 SqFtStyleCondominiumYear Built1903CountyCOOKAPN17-09-245-016-1011

Schools near 507 North Wells Street, Unit 2

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Ogden Elementary School
Public - PK to 8
Wells Community Academy High School
Public - 9 to 12
YCCS-Innovations of Arts Integr
Charter - 9 to 12
Muchin College Prep
Charter - 9 to 12
Rating
School
Distance
Ogden Elementary School
PublicPK to 8

Wells Community Academy High School
Public9 to 12

YCCS-Innovations of Arts Integr
Charter9 to 12

Muchin College Prep
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

River North
River North
Cultured by day, swelling with energy by night. Once an old manufacturing and warehouse area, River North is now Chicago’s most fashionable and trendsetting neighborhood. Historic architecture is beautifully melded with modern design and amenities, and it’s only steps away to the city’s premiere...
River North Guide

Neighborhood Map and Transit

Similar Homes

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of First Rate Properties

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 08/16/2021 08:48 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.