Commercial > Specialty
Sold
09/07/2016
Sold Price
$4,000,000$40,000/ft²
425 Wells St
Chicago, IL 60607
- -Bed
- -Bath
- 100ft²Living Area
- 8,468ft²Lot Size
- -Pool
- -Car
- 1961Year Built
- -DOM
- 6Permits
425 Wells St, Chicago, IL 60607 is a 100 ft² commercial specialty property property built in 1961 on a 0.194 acre lot with 6 construction permits. This commercial specialty property is currently off market, and it was last sold in 2016 for $4,000,000.
Permits
425 Wells St has 6 permit records of total value of $440,640.
Permit History
6
Permits
$440,640
Total Permit Value
January 12, 2021
Description: Voice data & av systems for firmspaceJob Value: $297,690Status: issuedType: Electric wiringBusiness Name: REX Elect & Technologies LLCFees: $225Effective Date: 2021-01-12Permit Number: 100905438
February 12, 2019
Description: Install one new single phase 200amp electrical service repair existing serviceJob Value: $3,000Status: issuedType: Electric wiringBusiness Name: Bright Sparks ElectricFees: $75Effective Date: 2019-02-12Permit Number: 100804544
October 1, 2009
Description: Topside underside and vertical depth non structural slab repairs. 380 sq. Ft. Partial depth concrete repairs to partial garageJob Value: $43,500Status: issuedType: Easy permit processBusiness Name: Allied Waterproofing INC; Construction Service AssociateApplicant: Incorporated InterparkFees: $325Effective Date: 2009-10-01Permit Number: 100313516
February 8, 2008
Description: Replace existing exhaust fans in parking garage per arch. Plans to correct violationsJob Value: $10,000Status: issuedType: Renovation/alterationBusiness Name: ALM Enterprises; Mahler William A; National Restoration SystemsApplicant: Douglas McLauryFees: $590Effective Date: 2008-02-08Permit Number: 100218240
January 15, 2008
Description: Installation of carbon monoxide exaust fan system including 2 1 hp centrifical fans 2 20 amp 100v branch circuits 1 control contactor 1 low voltage circuit 2 co detectorsJob Value: $10,000Status: issuedType: Electric wiringBusiness Name: ALM EnterprisesFees: $127Effective Date: 2008-01-15Permit Number: 100220055
July 14, 2006
Description: Misc. Concrete repairs to existing parking garage patching only no structural repairs or changes no excavation. Patch work only all work same as existingJob Value: $76,450Status: issuedType: Easy permit processBusiness Name: National Restoration SystemsApplicant: General ParkingFees: $825Effective Date: 2006-07-14Permit Number: 100124318
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2021$99,781.77From latest Total Assessed Value20.17%Total Assessed Value$494,725=Land+
Assessed Value$423,400Additions
Assessed Value$71,325
In 2021, taxes billed for 425 Wells St were $99,781.77, which is 20.17% from latest Total Assessed Value of $494,725.
Property History
425 Wells St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 425 Wells St
Hazard Risks
Tornado222Hail156Wind153Particulates146Air Pollution110Ozone108Weather108Nat'l Avg100Carb Mono98Lead58Earthquake46Hurricane10
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 425 Wells St.
Walkability Index
18 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
425 Wells St has a walkability score of 18 out of 20, which means that it is in a most walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
20°F
High
34°F
Summer
Average
Low
62°F
High
81°F
In the winter at 425 Wells St, temperatures range from 19.85°F to 34.04°F with an average of 26.95°F. In the summer, the temperature ranges from 62.42°F to 80.91°F with and average of 71.67°F.
School Information
Public/private schools serving 425 Wells St
Public Schools
Phillips Academy High School
Grades: 9-12
3.63 mi
F
South Loop Elementary School
Grades: PK-8
0.68 mi
B
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 425 Wells St have ratings undefined, and undefined.
Neighborhood
This property is located in Loop, Chicago, IL 60607.
Seasonal Housing units 60607
12%of housing is for seasonal rent.
Daytime Population for 60607
+107%of people during work hours.
Boundary map of Loop.
Crime Index for 60607
148
148
The crime index in 60607 is 148, which is 1.5 times higher than national average.
Market Trends
Historical market data near 425 Wells St over selected time period.
Nearby Properties on Wells St
- 1760 N Wells St #Apt 1d, Chicago, IL 60614 (Old Town) is a 450 square foot, 1 bathroom, 0.17 acre property. It was built in 1871 and has an estimate of $179,160 with a price per ft² of $398.
- 4316 S Wells St, Chicago, IL 60609 (Fuller Park) is a 1,280 square foot, 4 bedroom, 3 bathroom, 0.07 acre property.
- 3139 S Wells St, Chicago, IL 60616 (Armour Square) is a 882 square foot, 2 bedroom, 2 bathroom, 0.07 acre property. It was built in 1880 and has an estimate of $433,250 with a price per ft² of $491.
- 1806 N Wells St, Chicago, IL 60614 (Old Town) is a 2,006 square foot, 5 bedroom, 4.25 bathroom, 0.07 acre property. It was built in 1890 and has an estimate of $1,604,633 with a price per ft² of $800.
- 1636 N Wells St #Apt 512, Chicago, IL 60614 (Old Town) is a 7,900 square foot and 0.18 acre property. It was built in 1974 and has an estimate of $167,467 with a price per ft² of $21.
- 801 S Wells St #Apt 1009, Chicago, IL 60607 (River South) is a 0.34 acre property. It was built in 1906 and has an estimate of $315,000.
- 801 S Wells St #Apt 403, Chicago, IL 60607 (River South) is a 0.34 acre property. It was built in 1906 and has an estimate of $296,689.
- 801 S Wells St #Apt 611, Chicago, IL 60607 (River South) is a 0.34 acre property. It was built in 1906 and has an estimate of $224,503.
- 801 S Wells St #Apt 804, Chicago, IL 60607 (River South) is a 0.34 acre property. It was built in 1906 and has an estimate of $247,298.
- 1429 N Wells St #Apt 701, Chicago, IL 60610 (1429 North Wells Condominiums) is a 0.31 acre property. It was built in 1997 and has an estimate of $758,961.
- 1922 S Wells St #Unit 3, Chicago, IL 60616 (Chinatown) is a 0.27 acre property. It was built in 2003 and has an estimate of $278,960.
- 1951 S Wells St, Chicago, IL 60616 (Chinatown) is a 1,591 square foot, 2 bedroom, 3.25 bathroom, 0.02 acre property. It was built in 2002 and has an estimate of $497,511 with a price per ft² of $313.
- 2000 S Wells St #Unit 2f, Chicago, IL 60616 (Chinatown) is a 0.38 acre property. It was built in 2000 and has an estimate of $292,458.
- 2000 S Wells St #Unit 3f, Chicago, IL 60616 (Chinatown) is a 0.38 acre property. It was built in 2000 and has an estimate of $292,458.
- 1147 N Wells St, Chicago, IL 60610 (River North) is a 0.34 acre property.
- 501 N Wells St #Apt 3e, Chicago, IL 60654 (River North) is a 8,700 square foot and 0.21 acre property. It was built in 1901 and has an estimate of $549,340 with a price per ft² of $63.
- 1200 N Wells St #Apt 2, Chicago, IL 60610 (1200 North Wells Condominiums) is a 2 bedroom, 2 bathroom, 0.04 acre property. It was built in 1871 and has an estimate of $548,282.
- 1200 N Wells St #Apt 3, Chicago, IL 60610 (1200 North Wells Condominiums) is a 2,400 square foot, 3 bedroom, 2 bathroom, 0.04 acre property. It was built in 1871 and has an estimate of $746,854 with a price per ft² of $311.
- 1208 N Wells St, Chicago, IL 60610 (Old Town) is a 3,906 square foot, 4 bedroom, 3 bathroom, 0.04 acre property.
- 1212 N Wells St #Apt 1103, Chicago, IL 60610 (Old Town) is a 0.65 acre property. It was built in 1997 and has an estimate of $419,349.
- 1212 N Wells St #Apt 801, Chicago, IL 60610 (Old Town) is a 1,341 square foot, 2 bedroom, 2 bathroom, 0.65 acre property. It was built in 1997 and has an estimate of $522,793 with a price per ft² of $390.
- 3922 S Wells St, Chicago, IL 60609 (Fuller Park) is a 2,072 square foot, 4 bedroom, 2 bathroom, 0.07 acre property.
- 531 N Wells St, Chicago, IL 60654 (River North) is a 15,200 square foot and 0.09 acre property.
- 1636 N Wells St #Apt 2715, Chicago, IL 60614 (Old Town) is a 7,900 square foot and 0.18 acre property. It was built in 1974 and has an estimate of $407,065 with a price per ft² of $52.
- 1636 N Wells St #Apt 1602, Chicago, IL 60614 (Old Town) is a 7,900 square foot and 0.18 acre property. It was built in 1974 and has an estimate of $170,296 with a price per ft² of $22.
- View more properties on Wells St