Check Availability

1907 South Wells Street

1907 South Wells Street, Chicago, IL 60616
Property in Armour Square
Sold May 24, 2019
$528,000
$390,000 by International Bank Of Chicago
Mortgage Due Jun 01, 2024
Sold Sep 19, 2005
$435,000
Seller
1907 South Wells Street in Chicago, IL was first built in 2005 and is 19 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a modern style. There are a total of 3 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1907 South Wells Street has 2,016 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 1,033 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in May 20, 2019 for $528,000. That's $261.90 per sqft. Prior to that sales transaction, the property was also sold in Aug 12, 2005 for $435,000. 1907 South Wells Street was last assessed in 2023. The total value of the property was assessed at $46,000. Specifically, the land the property is located on was valued at $4,545. While improvements on the property were assessed at a total of $41,455. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $9,461. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Modern
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 1,033
  • Total Building Area: 2,016
  • Gross Building Area: 2,016
  • Building Area: 2,016
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,016
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SANTA FE GARDEN 04
  • Land Acres: 0.024
  • Standard Land Use Code: Townhouse (residential)

Ownership

  • Current Owner : YIN JUN
  • Current Owner 2: HUANG YAO
  • Previous Owner : CHAN HOI CSIU
  • Previous Owner 2: CHAN AMY SHUK LING
  • Owner Before Previous Owner: GU QIAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 841100

Zoning

  • Zoning: PD 383

Geography

  • District: 76
  • Parcel: 17-21-406-042-0000
  • Lot: 34
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8565
  • Longitude: -87.6327

    Address

  • Full Address: 1907 S Wells St
  • Address - House Number: 1907
  • Street Direction: S
  • Address - Street Name: Wells
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C021
  • 4-Digit Zip Code: 4354
  • Zip Code: 60616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,461
  • Tax Rate Code Area: 76002

    Appraisal Valuation

  • Standard Deviation: 0.2707
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 61
  • Final Value: 683,476
  • High Value: 868,547
  • Low Value: 498,404

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $390,000
  • First Open Lien Mortgage Lender: INTERNATIONAL BANK OF CHICAGO
  • First Open Lien Mortgage Recording Date: May 24, 2019
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $390,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2024

    Market Valuation

  • Market Total Value: $460,000
  • Market Land Value: $45,450
  • Market Improvement Value: $414,550

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,000
  • Assessed Land Value: $4,545
  • Assessed Improvements Value: $41,455

    Sales

  • Current Sale Contract Date: May 20, 2019
  • Current Sale Recording Date: May 24, 2019
  • Current Sale Transaction ID: 11609308107
  • Current Sale Price: $528,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1914434020
  • Previous Sale Recording Date: Sep 19, 2005
  • Previous Sale Contract Date: Aug 12, 2005
  • Previous Sale Amount: $435,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INTERNATIONAL BANK OF CHICAGO
  • First Mortgage Transaction Date: May 24, 2019
  • First Mortgage Loan Amount: $390,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jun 01, 2024

    Financing

  • First Mortgage Financing Type: Unknown

About Southwest Side



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1013 W 18th Place, Chicago, IL, 60608

$4,200 /mo

  • 4 Beds
  • 3 Baths
1013 W 18th Place #1F, Chicago, IL, 60608 Listing by Dennis Huyck
Unit for rent at 23 N Green Street, Chicago, IL, 60607

$4,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,495 ft²
23 N Green Street #402, Chicago, IL, 60607 Listing by George Selas
Unit for rent at 195 N Harbor Drive, Chicago, IL, 60601

$4,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,300 ft²
195 N Harbor Drive #1106, Chicago, IL, 60601 Listing by Eric Frost
Unit for rent at 611 S Wells Street, Chicago, IL, 60607

$3,750 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,600 ft²
611 S Wells Street #1807, Chicago, IL, 60607 Listing by John Federici
Unit for rent at 130 N Garland Court, Chicago, IL, 60602

$3,850 /mo

  • 2 Beds
  • 2 Baths
  • 1,400 ft²
130 N Garland Court #1407, Chicago, IL, 60602 Listing by Nancy McAdam
Unit for rent at 1201 S Prairie Avenue, Chicago, IL, 60605

$4,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,207 ft²
1201 S Prairie Avenue #3604, Chicago, IL, 60605 Listing by Neveen Michael
Unit for rent at 910 S Michigan Avenue, Chicago, IL, 60605

$4,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,750 ft²
910 S Michigan Avenue #304, Chicago, IL, 60605 Listing by Kathryn Schrage

Frequently Asked Questions

What neighborhood is 1907 South Wells Street located in?
The 1907 South Wells Street is a located in the neighborhood of Armour Square in Southwest Side, Chicago.
What is the average sales price for listings in 1907 South Wells Street?
The average sales price for units in 1907 South Wells Street is $0 currently.

Quantcast