|Old Town street markers (1212 N Wells building in background has affordable one bedroom units). Photo: Eric Rojas, Broker|
North Wells Street SOLD condos in the last 12 months from West North Avenue to West Division Street
14 condo units closed in the last 12 months from the time of writing (December 3, 2012). All the units were either one bedroom or two bedroom condos in mid-rise buildings with 30 to 95 units. This seems like a relatively low number of sales considering the many residential condo units along the strip. However, it's a prime location in which people may hold units longer. In 2011, only 14 units sold on this section of Wells Street.
The median price for a condo over the last two years along the strip is about $369,000 with a $400+ assessment.
|1414 N Wells is a popular mid-rise fetching the $500,000s for two bed, two bath condos|
The highest sale in the last 12 months was at 1414 N Wells unit #405 for $578,500 at the 1995 built mid-rise with 52 units. The 1700 sq/ft home with two bedrooms features two luxury baths, garage parking, two good sized balconies utility room, walk-in closets, spacious rooms and a $551 monthly assessment.
|Wells Street businesses have a great holiday spirit... Fireplace Inn is a regular Christmas time tradition for us.|
More Chicago Market Statistics HERE