Commercial > Office
Sold
11/03/2015
Sold Price
$4,625,000$1,250/ft²
48 Wells St
Chicago, IL 60606
- -Bed
- -Bath
- 3,700ft²Living Area
- 4,106ft²Lot Size
- -Pool
- -Car
- 1892Year Built
- -DOM
- 2Permits
48 Wells St, Chicago, IL 60606 is a 3,700 ft² commercial office property property built in 1892 on a 0.094 acre lot with 2 construction permits. This commercial office property is currently off market, and it was last sold in 2015 for $4,625,000.
Permits
48 Wells St has 2 permit records.
Permit History
2
Permits
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2021$192,825.58From latest Total Assessed Value20.11%Total Assessed Value$958,898=Land+
Assessed Value$487,587Additions
Assessed Value$471,311
In 2021, taxes billed for 48 Wells St were $192,825.58, which is 20.11% from latest Total Assessed Value of $958,898.
Property History
48 Wells St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 48 Wells St
Hazard Risks
Tornado214Wind152Hail148Particulates137Weather105Air Pollution104Ozone102Nat'l Avg100Carb Mono100Lead56Earthquake42Hurricane16
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 48 Wells St.
Walkability Index
18 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
48 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
63°F
High
81°F
In the winter at 48 Wells St, temperatures range from 19.97°F to 34.01°F with an average of 26.99°F. In the summer, the temperature ranges from 62.58°F to 80.79°F with and average of 71.69°F.
School Information
Public/private schools serving 48 Wells St
Public Schools
Phillips Academy High School
Grades: 9-12
4.11 mi
F
South Loop Elementary School
Grades: PK-8
1.15 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 48 Wells St have ratings undefined, and undefined.
Neighborhood
This property is located in Loop, Chicago, IL 60606.
Seasonal Housing units 60606
18%of housing is for seasonal rent.
Daytime Population for 60606
+730%of people during work hours.
Boundary map of Loop.
Crime Index for 60606
170
170
The crime index in 60606 is 170, which is 1.7 times higher than national average.
Market Trends
Historical market data near 48 Wells St over selected time period.
Nearby Properties on Wells St
- 1212 N Wells St #Apt 805, Chicago, IL 60610 (Old Town) is a 0.65 acre property. It was built in 1997 and has an estimate of $542,181.
- 1212 N Wells St #Apt 902, Chicago, IL 60610 (Old Town) is a 991 square foot, 1 bedroom, 1 bathroom, 0.02 acre property. It was built in 1997 and has an estimate of $386,679 with a price per ft² of $390.
- 800 S Wells St # M35, Chicago, IL 60607 (River City) is a 3.6 acre property. It was built in 1987 and has an estimate of $87,040.
- 800 S Wells St # M17, Chicago, IL 60607 (River City) is a 1,900 square foot, 3 bedroom, 4 bathroom, 0.04 acre property. It was built in 1987 and has an estimate of $84,920 with a price per ft² of $45.
- 801 S Wells St #Apt 205, Chicago, IL 60607 (River South) is a 1,350 square foot, 2 bedroom, 0.34 acre property. It was built in 1906 and has an estimate of $286,281 with a price per ft² of $212.
- 801 S Wells St #Apt 310, Chicago, IL 60607 (River South) is a 1,530 square foot, 2 bedroom, 0.34 acre property. It was built in 1906 and has an estimate of $354,182 with a price per ft² of $231.
- 801 S Wells St #Apt 503, Chicago, IL 60607 (River South) is a 1,350 square foot, 2 bedroom, 0.34 acre property. It was built in 1906 and has an estimate of $298,858 with a price per ft² of $221.
- 801 S Wells St #Apt 608, Chicago, IL 60607 (River South) is a 0.34 acre property. It was built in 1906 and has an estimate of $232,862.
- 2642 S Wells St, Chicago, IL 60616 (Armour Square) is a 2,249 square foot, 4 bedroom, 2 bathroom, 0.07 acre property. It was built in 1890 and has an estimate of $591,372 with a price per ft² of $263.
- 801 S Wells St #Apt 603, Chicago, IL 60607 (River South) is a 1,400 square foot, 2 bedroom, 1 bathroom, 0.34 acre property. It was built in 1906 and has an estimate of $262,911 with a price per ft² of $188.
- 1916 S Wells St #Unit 3f, Chicago, IL 60616 (Chinatown) is a 0.56 acre property. It was built in 2003 and has an estimate of $287,100.
- 1717 N Wells St # 17, Chicago, IL 60614 (Old Town) is a 2 bedroom, 3 bathroom, 2.97 acre property. It was built in 1988 and has an estimate of $584,700.
- 1309 N Wells St #Apt 1402, Chicago, IL 60610 (Michaels Terrace Condominiums / 1309 N. Wells Street) is a 2 bedroom and 0.28 acre property. It was built in 1986 and has an estimate of $489,569.
- 1309 N Wells St #Apt 1001, Chicago, IL 60610 (Michaels Terrace Condominiums / 1309 N. Wells Street) is a 0.28 acre property. It was built in 1986 and has an estimate of $423,444.
- 1309 N Wells St #Apt 1002, Chicago, IL 60610 (Michaels Terrace Condominiums / 1309 N. Wells Street) is a 1,100 square foot, 2 bedroom, 0.28 acre property. It was built in 1986 and has an estimate of $446,723 with a price per ft² of $406.
- 1309 N Wells St #Apt 1203, Chicago, IL 60610 (Michaels Terrace Condominiums / 1309 N. Wells Street) is a 1,100 square foot, 2 bedroom, 2 bathroom, 0.28 acre property. It was built in 1986 and has an estimate of $415,586 with a price per ft² of $378.
- 1309 N Wells St #Apt 1306, Chicago, IL 60610 (Michaels Terrace Condominiums / 1309 N. Wells Street) is a 1,100 square foot, 2 bedroom, 2 bathroom, 0.28 acre property. It was built in 1986 and has an estimate of $468,729 with a price per ft² of $426.
- 1309 N Wells St #Apt 1405, Chicago, IL 60610 (Michaels Terrace Condominiums / 1309 N. Wells Street) is a 2 bedroom and 0.28 acre property. It was built in 1986 and has an estimate of $436,031.
- 1309 N Wells St #Apt 608, Chicago, IL 60610 (Michaels Terrace Condominiums / 1309 N. Wells Street) is a 2 bedroom and 0.28 acre property. It was built in 1986 and has an estimate of $422,125.
- 1309 N Wells St #Apt 801, Chicago, IL 60610 (Michaels Terrace Condominiums / 1309 N. Wells Street) is a 0.28 acre property. It was built in 1986 and has an estimate of $413,248.
- 1309 N Wells St #Apt 902, Chicago, IL 60610 (Michaels Terrace Condominiums / 1309 N. Wells Street) is a 1,100 square foot, 2 bedroom, 2 bathroom, 0.28 acre property. It was built in 1986 and has an estimate of $438,339 with a price per ft² of $398.
- 1309 N Wells St #Apt 903, Chicago, IL 60610 (Michaels Terrace Condominiums / 1309 N. Wells Street) is a 2 bedroom and 0.28 acre property. It was built in 1986 and has an estimate of $394,789.
- 1309 N Wells St #Apt 907, Chicago, IL 60610 (Michaels Terrace Condominiums / 1309 N. Wells Street) is a 2 bedroom and 0.28 acre property. It was built in 1986 and has an estimate of $438,473.
- 3145 S Wells St, Chicago, IL 60616 (Armour Square) is a 3,465 square foot, 6 bedroom, 2 bathroom, 0.07 acre property.
- 1749 N Wells St #Apt 1202, Chicago, IL 60614 (Kennelly Square Condominiums) is a 823 square foot, 1 bedroom, 1 bathroom, 0.02 acre property. It was built in 1974 and has an estimate of $156,980 with a price per ft² of $191.
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