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Apartments (Generic)Residential

720 S WELLS ST

CHICAGO, IL 60607
0
Baths
587,125 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
2019
Year BuiltThe year the home was originally built, according to county records.

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,366,808 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$11,780,569 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$953,812
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$10,826,757
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$11,780,569
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$117,805,690

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.36
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
71
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
69
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
40
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Apartments (Generic)
CountyCOOK
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
South Loop Elementary SchoolA
Elementary · Grades PK–8 · 0.5 mi
H
Phillips Academy High SchoolF
High · Grades 9–12 · 3.4 mi

District: Chicago Public School District 299

Neighborhood · ZIP 60607These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.136
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.110
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.46

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.89%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.43%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.13%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.9%
PopulationHow many people live in this area.31,589
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.14,213 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$122,924
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$150,715
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.38 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.54%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

720 S Wells St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the largest homes in South Loop / Near South Side
  • Among the newest homes in South Loop / Near South Side

How it measures up in Chicago 60607

The dot is this home. The mark in the middle is the typical home in Chicago 60607.

Living area587,125 ft²
SmallerTypical 1,690 ft²Bigger

Bigger than almost all homes nearby

Year built2019
OlderTypical 1999Newer

Newer than 95% of homes nearby

How 720 S Wells St ranks against every home in each area.
MeasureThis homeSouth Loop / Near South SideChicago 60607Cook County
Living areabigger than587,125 ft²almost all homesalmost all homesalmost all homes
Year builtnewer than2019almost all homes95% of homesalmost all homes

About 720 S Wells St

When did 720 S Wells St, Chicago, IL last sell?

720 S Wells St, Chicago, IL last sold on Jan 1, 1900, according to the county's recorded deed.

When was 720 S Wells St, Chicago, IL built?

720 S Wells St, Chicago, IL was built in 2019, making it 7 years old.

What schools serve 720 S Wells St, Chicago, IL?

720 S Wells St, Chicago, IL is assigned to South Loop Elementary School (elementary), rated A; Phillips Academy High School (high), rated F. All sit in Chicago Public School District 299. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 720 S Wells St, Chicago, IL compare to other homes in Chicago 60607?

Among the 10,890 homes in Chicago 60607, it is bigger than almost all of them (587,125 ft² against a typical 1,690 ft²) and it is newer than 95% of them (2019 against a typical 1999). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 720 S Wells St, Chicago, IL?

The 2024 property tax bill for 720 S Wells St, Chicago, IL was $2,366,808. The county assessed it at $11,780,569.

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