Commercial > Office
Sold
01/12/2022
Sold Price
$5,900,000$366/ft²
431 Wells St
Chicago, IL 60654
- -Bed
- -Bath
- 16,100ft²Living Area
- 3,300ft²Lot Size
- -Pool
- -Car
- 1886Year Built
- -DOM
- 29Permits
431 Wells St, Chicago, IL 60654 is a 16,100 ft² commercial office property property built in 1886 on a 0.076 acre lot with 29 construction permits. This commercial office property is currently off market, and it was last sold in 2022 for $5,900,000.
Permits
431 Wells St has 29 permit records of total value of $1,100,195.
Permit History
29
Permits
$1,100,195
Total Permit Value
October 14, 2022
Description: Permanent window vinyl sign; south elevation; 6 sq/ft; solitaJob Value: $200Status: issuedType: SignsBusiness Name: Parvin Clauss Sign CO INCFees: $250Effective Date: 2022-10-14Permit Number: 100986621
October 14, 2022
Description: Permanent window vinyl sign; west elevation most north; 6 sq/ft; solitaJob Value: $200Status: issuedType: SignsBusiness Name: Parvin Clauss Sign CO INCFees: $250Effective Date: 2022-10-14Permit Number: 100986623
October 14, 2022
Description: Permanent window vinyl sign; west elevation most south; 6 sq/ft; solitaJob Value: $200Status: issuedType: SignsBusiness Name: Parvin Clauss Sign CO INCFees: $250Effective Date: 2022-10-14Permit Number: 100986622
October 3, 2022
Description: Permanent illuminated wall sign; west elevation; 26 sq/ft; solitaJob Value: $4,000Status: issuedType: SignsBusiness Name: Parvin Clauss Sign CO INC; Parvin Clauss Sign CompanyFees: $250Effective Date: 2022-10-03Permit Number: 100986619
October 3, 2022
Description: Permanent illuminated wall sign; south elevation; 26 sq/ft; solitaJob Value: $4,000Status: issuedType: SignsBusiness Name: Parvin Clauss Sign CO INC; Parvin Clauss Sign CompanyFees: $250Effective Date: 2022-10-03Permit Number: 100986620
September 29, 2022
Description: Permanent window vinyl sign; south elevation most; 7 sq/ft; solitaJob Value: $200Status: issuedType: SignsBusiness Name: Parvin Clauss Sign CO INCFees: $250Effective Date: 2022-09-29Permit Number: 100986625
September 29, 2022
Description: Permanent window vinyl sign; south elevation most right; 3 sq/ft; solitaJob Value: $150Status: issuedType: SignsBusiness Name: Parvin Clauss Sign CO INCFees: $250Effective Date: 2022-09-29Permit Number: 100986627
September 29, 2022
Description: Permanent window vinyl sign; south elevation most left; 3 sq/ft; solitaJob Value: $150Status: issuedType: SignsBusiness Name: Parvin Clauss Sign CO INCFees: $250Effective Date: 2022-09-29Permit Number: 100986626
April 11, 2022
Description: Replace roof (no mep)(no structural work)- all work same as existing; subject to field inspectionsJob Value: $117,632Status: issuedType: Easy permit processApplicant: 162 W Hubbard LLCFees: $450Effective Date: 2022-04-11Permit Number: 100964850
May 11, 2020
Description: Elevator roof parpaet wall rebuildJob Value: $6,700Status: issuedType: Easy permit processBusiness Name: A TO Z Permits & Business SO; Mark LOS Masonry CO INCApplicant: Manny TsikalakisFees: $375Effective Date: 2020-05-11Permit Number: 100873534
March 23, 2018
Description: Installation of low voltage burglar alarm interior work only # site # 4002-06754 job # 180337337 p1Job Value: $2,100Status: issuedType: Electric wiringBusiness Name: ADT LLCFees: $75Effective Date: 2018-03-23Permit Number: 100753127
March 20, 2018
Description: Change plumbing contractor on permit 100719537 to lrm plumbing corpStatus: issuedType: Easy permit processBusiness Name: LRM Plumbing CorpApplicant: Steve VrabelFees: $75Effective Date: 2018-03-20Permit Number: 100752641
February 21, 2018
Description: Oia 431 n wells st modernization of one (1) 2500lb.cap 5-floor, geared traction passneger elevator. Purusant to the scope of work submitted. Ev007402Job Value: $129,110Status: issuedType: Elevator equipmentBusiness Name: Anderson ElevatorApplicant: O'connor Title ServFees: $825Effective Date: 2018-02-21Permit Number: 100748217
February 6, 2018
Description: Low voltage: 2 data outlets 1 phone line and 3 tv outletsJob Value: $1,500Status: issuedType: Electric wiringBusiness Name: LT Electric INCFees: $300Effective Date: 2018-02-06Permit Number: 100746460
January 9, 2018
Description: Change of electrical contractor for original permit no.100719537Job Value: $1Status: issuedType: Electric wiringBusiness Name: LT Electric INCFees: $150Effective Date: 2018-01-09Permit Number: 100742837
November 13, 2017
Description: Self cert; interior renovation to existing restaurant at basement and first floor and expansion into existing second floor office spaceJob Value: $500,000Status: issuedType: Renovation/alterationBusiness Name: CM Electric INC; IB Heating & Cooling; Martorina Salvatore; MOD Construction IncorporatedApplicant: Steve VrabelFees: $1,575Effective Date: 2017-11-13Permit Number: 100719537
June 27, 2017
Description: Tuckpointing work (apprx 1500 sqft) all work same as existing no structural work subject to field inspectionsJob Value: $9,000Status: issuedType: Easy permit processBusiness Name: Ipsa Corp; Kevin Invest INCApplicant: Pt OpcoFees: $550Effective Date: 2017-06-27Permit Number: 100712244
May 23, 2017
Description: Remove\replace drywall. Electrical permit #100706826 issued 5/22/2017. No plumbing work involved under this permitJob Value: $4,900Status: issuedType: Easy permit processBusiness Name: MOD Construction IncorporatedApplicant: Steve VrabelFees: $250Effective Date: 2017-05-23Permit Number: 100706992
May 22, 2017
Description: Replacing/relocation of light fixture replacing/relocation of power outletsJob Value: $1,000Status: issuedType: Electric wiringBusiness Name: CM Electric INCFees: $75Effective Date: 2017-05-22Permit Number: 100706826
April 20, 2017
Description: Masonry repairs. Repair parapet wall. Tuckpoint 800 sq. Ft. Install flashingsJob Value: $16,450Status: issuedType: Easy permit processBusiness Name: Best Quality Construction INC; Professional Masonry RestoratiApplicant: John O'connorFees: $550Effective Date: 2017-04-20Permit Number: 100701265
August 23, 2011
Description: Replace defective service and fixture meters (no new circuits)violation code #08bs08864aJob Value: $30,000Status: issuedType: Electric wiringBusiness Name: Omega Electric CO INCFees: $200Effective Date: 2011-08-23Permit Number: 100393576
July 23, 2009
Description: Modification of electrical service for restaurant/bar space due to inability to building service due to original design. Original design showed 400 amp service but existing euipment did not allow installation of 400 amp disconnect. Two 200 amp disconnects and meters will be used to provide space 400 amps. Plans to be submitted in personJob Value: $1,200Status: issuedType: Electric wiringBusiness Name: Dexter Electric CO INCFees: $100Effective Date: 2009-07-23Permit Number: 100296383
January 15, 2009
Description: Over entranceJob Value: $4,500Status: issuedType: SignsBusiness Name: Best Neon Sign COFees: $300Effective Date: 2009-01-15Permit Number: 100258245
December 23, 2008
Description: Renovations to the existing 1st floor lounge and exiting vestibule as per plansJob Value: $85,000Status: issuedType: Renovation/alterationBusiness Name: Kevin Richardson; Kozlowski Paul J; Phase 1 Consulting; Pl16144 ALL Seasons Plumbing &Applicant: John O'connorFees: $632Effective Date: 2008-12-23Permit Number: 100257485
October 2, 2008
Description: Furnish and install one inclined platform lift and one dumbwaiterJob Value: $31,000Status: issuedType: Elevator equipmentBusiness Name: Access Solutions Center INCApplicant: Trifecta Entertainment, LLCFees: $350Effective Date: 2008-10-02Permit Number: 100260462
September 19, 2008
Description: Work to restaurant only:install 5 new floor drains for 5 table taps; subject to field inspectionsJob Value: $1,000Status: issuedType: Easy permit processBusiness Name: Pl16144 ALL Seasons Plumbing &Applicant: Trifecta Entertainment LLCFees: $100Effective Date: 2008-09-19Permit Number: 100258085
July 25, 2008
Description: Revision to change plumbing contractor (all season plumbing & sewer) mason contractor (tuckpointing masonry sys inc) & HVAC contractor (total mechanical serv)Job Value: $1Status: issuedType: Easy permit processBusiness Name: Kevin Richardson; Phase 1 Consulting; Pl16144 ALL Seasons Plumbing &; Total MechanicalApplicant: Trifecta Entertainment LLCFees: $150Effective Date: 2008-07-25Permit Number: 100249411
June 16, 2008
Description: Revision to permit # 100221159 to change general contractorJob Value: $1Status: issuedType: Easy permit processBusiness Name: Kevin RichardsonApplicant: Luke StoioffFees: $50Effective Date: 2008-06-16Permit Number: 100242764
April 8, 2008
Description: Interior alterations for restaurant including plumbing HVAC and electrical as per plansJob Value: $150,000Status: issuedType: Renovation/alterationBusiness Name: Cora Heating & Cooling; Dexter Electric CO INC; HUE Incorporated; Phase 1 ConsultingApplicant: Luke StoioffFees: $4,392Effective Date: 2008-04-08Permit Number: 100221159
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2021$207,058.19From latest Total Assessed Value20.11%Total Assessed Value$1,029,675=Land+
Assessed Value$165,000Additions
Assessed Value$864,675
In 2021, taxes billed for 431 Wells St were $207,058.19, which is 20.11% from latest Total Assessed Value of $1,029,675.
Property History
431 Wells St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 431 Wells St
Hazard Risks
Tornado206Wind153Hail142Particulates141Weather107Ozone106Air Pollution102Nat'l Avg100Carb Mono100Lead59Earthquake43Hurricane12
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 431 Wells St.
Walkability Index
19 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
431 Wells St has a walkability score of 19 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 431 Wells St, temperatures range from 19.86°F to 33.94°F with an average of 26.9°F. In the summer, the temperature ranges from 62.53°F to 80.77°F with and average of 71.65°F.
School Information
Public/private schools serving 431 Wells St
Public Schools
Ogden Elementary School
Grades: KG-8
0.73 mi
D+
Wells Community Academy High School
Grades: 9-12
1.89 mi
F
* 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 431 Wells St have ratings undefined, and undefined.
Neighborhood
This property is located in Near North Side, Chicago, IL 60654.
Seasonal Housing units 60654
27%of housing is for seasonal rent.
Daytime Population for 60654
+298%of people during work hours.
Boundary map of Near North Side.
Crime Index for 60654
167
167
The crime index in 60654 is 167, which is 1.7 times higher than national average.
Market Trends
Historical market data near 431 Wells St over selected time period.
Nearby Properties on Wells St
- 1636 N Wells St #Apt 2009, Chicago, IL 60614 (Old Town) is a 7,900 square foot and 1.23 acre property. It was built in 1974 and has an estimate of $250,260 with a price per ft² of $32.
- 1636 N Wells St #Apt 2010, 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 $171,442 with a price per ft² of $22.
- 1636 N Wells St #Apt 2012, Chicago, IL 60614 (Old Town) is a 7,900 square foot and 1.23 acre property. It was built in 1974 and has an estimate of $171,442 with a price per ft² of $22.
- 1636 N Wells St #Apt 2014, Chicago, IL 60614 (Old Town) is a 7,900 square foot and 1.23 acre property. It was built in 1974 and has an estimate of $171,442 with a price per ft² of $22.
- 1636 N Wells St #Apt 2101, Chicago, IL 60614 (Old Town) is a 7,900 square foot and 1.23 acre property. It was built in 1974 and has an estimate of $400,064 with a price per ft² of $51.
- 1636 N Wells St #Apt 2102, 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 $174,562 with a price per ft² of $22.
- 1636 N Wells St #Apt 2103, 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 $250,260 with a price per ft² of $32.
- 1636 N Wells St #Apt 2105, 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 $250,260 with a price per ft² of $32.
- 1636 N Wells St #Apt 2106, 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 $230,909 with a price per ft² of $29.
- 1636 N Wells St #Apt 2108, 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 $230,909 with a price per ft² of $29.
- 1636 N Wells St #Apt 2109, 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 $250,260 with a price per ft² of $32.
- 1636 N Wells St #Apt 2110, 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 $174,562 with a price per ft² of $22.
- 1636 N Wells St #Apt 2111, 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 $250,260 with a price per ft² of $32.
- 1636 N Wells St #Apt 2112, 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 $174,562 with a price per ft² of $22.
- 1636 N Wells St #Apt 2114, 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 $143,000 with a price per ft² of $18.
- 1636 N Wells St #Apt 2201, 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 $322,500 with a price per ft² of $41.
- 1636 N Wells St #Apt 2202, 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 $172,078 with a price per ft² of $22.
- 1636 N Wells St #Apt 2205, 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 $258,956 with a price per ft² of $33.
- 1636 N Wells St #Apt 2207, 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 $258,956 with a price per ft² of $33.
- 1636 N Wells St #Apt 2209, Chicago, IL 60614 (Old Town) is a 7,900 square foot and 1.23 acre property. It was built in 1974 and has an estimate of $258,956 with a price per ft² of $33.
- 1636 N Wells St #Apt 2412, 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 $175,411 with a price per ft² of $22.
- 1636 N Wells St #Apt 2415, 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 $403,608 with a price per ft² of $51.
- 1636 N Wells St #Apt 2506, 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 $233,900 with a price per ft² of $30.
- 1636 N Wells St #Apt 2510, 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 $175,727 with a price per ft² of $22.
- 1636 N Wells St #Apt 2511, 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 $284,900 with a price per ft² of $36.
- View more properties on Wells St