Contingent

$849,000

501 N Wells St APT 3W, Chicago, IL 60654

2beds

2,026sqft

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Condominium, Duplex, Single Family Residence

Built in 1907

-- sqft lot

$825,100 Zestimate^®

$419/sqft

$460/mo HOA

What's special

Soaring ceilingsGreat natural light throughoutAuthentic loft charmOversized windowsVintage characterPrivate roof terraceSpacious dining room

Looking for unique? This rarely available 2000+ sq ft duplex-up penthouse with a PRIVATE ROOF TERRACE in the heart of River North is anything but cookie cutter. Set in a boutique 1907 building, this 2 bed, 2 bath home blends vintage character, authentic loft charm, soaring ceilings, oversized windows, and skylights to provide warmth & great natural light throughout. Work from home with incredible views from the home's classic library/study, then entertain with ease in the spacious dining room. The upper-level layout offers privacy and separation rarely found in city living, while the large private roof deck feels like a hidden retreat above River North. One of the home's most charming features is the circular shower with curved walls, tiered black granite seating, and custom artisan details. It's dramatic, spa-like, and full of old world character. Just steps from River North's best bars, restaurants, and the East Bank Club, this is downtown living at its finest. Welcome Home!

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Bonus Room

Primary bedroom

Features: Bathroom (Full)
Level: Second
Area: 143 Square Feet
Dimensions: 11X13

Bedroom 2

Level: Second
Area: 121 Square Feet
Dimensions: 11X11

Bonus room

Features: Flooring (Hardwood)
Level: Main
Area: 110 Square Feet
Dimensions: 10X11

Dining room

Features: Flooring (Hardwood)
Level: Main
Area: 144 Square Feet
Dimensions: 9X16

Kitchen

Level: Main
Area: 176 Square Feet
Dimensions: 11X16

Laundry

Level: Main
Area: 42 Square Feet
Dimensions: 7X6

Living room

Features: Flooring (Hardwood)
Level: Main
Area: 368 Square Feet
Dimensions: 16X23

Heating

Natural Gas

Cooling

Central Air

Appliances

Laundry: Washer Hookup, In Unit

Features

Vaulted Ceiling(s), Storage
Flooring: Hardwood
Windows: Skylight(s)
Basement: None
Number of fireplaces: 2
Fireplace features: Family Room, Master Bedroom

Interior area

Total structure area: 0
Total interior livable area: 2,026 sqft

Property

Accessibility

Accessibility features: No Disability Access

Details

Parcel number: 17092450161001
Special conditions: Corporate Relo

Construction

Type & style

Home type: Condo
Property subtype: Condominium, Duplex, Single Family Residence

Materials

Brick
Foundation: Concrete Perimeter
Roof: Rubber

Condition

New construction: No
Year built: 1907

Utilities & green energy

Sewer: Public Sewer
Water: Lake Michigan

Community & HOA

HOA

Has HOA: Yes
Amenities included: Bike Room/Bike Trails, Storage, Sundeck
Services included: Water, Insurance, Security, Exterior Maintenance, Scavenger
HOA fee: $460 monthly

Location

Region: Chicago

Financial & listing details

Price per square foot: $419/sqft
Tax assessed value: $570,430
Annual tax amount: $11,460
Ownership: Condo

Estimated market value

$825,100

$784,000 - $866,000

$4,422/mo

Price history

Date	Event	Price
5/5/2023	Listing removed	--
Source: Zillow Rentals Report a problem
4/11/2023	Price change	$4,2770%$2/sqft
Source: Zillow Rentals Report a problem
4/1/2023	Listed for rent	$4,278$2/sqft
Source: Zillow Rentals Report a problem
1/18/2000	Sold	$465,000+32.9%$230/sqft
Source: Public Record Report a problem
5/8/1995	Sold	$350,000$173/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	--	$57,043 -4.9%
2023	$12,659 +2.6%	$60,000
2022	$12,341 +2.3%	$60,000
2021	$12,065 +8%	$60,000 +19.7%
2020	$11,171 +2.1%	$50,145 -7.9%
2019	$10,938 +1.7%	$54,442
2018	$10,754 -11.2%	$54,442 -3.2%
2017	$12,107 +7.5%	$56,241
2016	$11,264 +9.3%	$56,241
2015	$10,306 +11.1%	$56,241 +12.5%
2014	$9,279 +2%	$50,012
2013	$9,096 +1.4%	$50,012
2012	$8,974 +33.5%	$50,012 +20.5%
2011	$6,723 -16.3%	$41,488 -15.9%
2010	$8,029 +4.4%	$49,339
2009	$7,694 +29%	$49,339 +18.7%
2008	$5,962 +1%	$41,561
2007	$5,903 -1.1%	$41,561
2006	$5,966 -5.3%	$41,561 +7.8%
2005	$6,298 +1%	$38,546
2004	$6,235 +2.2%	$38,546
2003	$6,099 +31.3%	$38,546 +49.1%
2002	$4,644 +12.6%	$25,848
2001	$4,126 -10%	$25,848
2000	$4,581 +8.7%	$25,848 +8.4%
1999	$4,213	$23,849

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: River North

Getting around

96 / 100

Walker's Paradise

100 / 100

Rider's Paradise

84 / 100

Very Bikeable

Nearby schools

GreatSchools rating

4/10
Ogden Elementary School
Grades: PK-8Distance: 0.7 mi
1/10
Wells Community Academy High School
Grades: 9-12Distance: 1.9 mi

Schools provided by the listing agent

District: 299

Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.