***MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST CALLED FOR BY FRIDAY, JANUARY 10TH @ 12 NOON.*** Rare is it that one of the cornerstone buildings, Paper Place Lofts, has a corner unit that hits the market, overlooking the South Branch of the Chicago River, and city skyline views. Now is the opportunity for a lucky architecture enthusiast to own this NW CORNER 1BR/1BA, filled with light and "good vibes". Nothing else compares to the level of detail in the millwork, thoughtful storage, and blinding amounts of light found in this unit (seriously, it will burn your retinas, I'll buy you sunglasses as a closing gift). The open concept living/dining/kitchen is an entertainer's dream. The kitchen is equipped with stainless steel appliances, granite countertops, bar seating, and cabinet storage galore. The living room is positioned in the corner of the space, taking in the wall-to-wall windows and built-ins for additional storage. Throughout the home are architectural features quintessential to a warehouse conversion--exposed brick walls, concrete floors, and high barrelled terracotta ceilings. While there are walls of windows, there is plenty of wallspace to showcase an art collection. The primary suite is well thought out with wall-to-wall closetspace, a pull-out ladder that leads up to ADDITIONAL 100 sq. ft. storage loft, and in-unit laundry. Leading from the primary bedroom (and also accessed from the main hallway) is the full bathroom with an oversized vanity, tub/shower combination, and LED lighting for those perfect selfies for the 'Gram. Since the main living spaces are back in the corner of the building, this layout offers a long hallway entry with closet space and a built-in bookcase/display for art, wine, or precious photos. Paper Place Lofts offers a fitness center, bike storage, laundry room, on-site maintenance, and additional private storage locker assigned to this unit. Pet-friendly building, and no rental cap (no AirBnB's allowed though). Known for its warehouse-loft conversions, historic Printer's Row is adorned with amazing turn-of-the-century architecture, where newspaper and magazine publications once competed for readership and the best headlines. Now it is a bustling community with the best of downtown living, yet midwestern charm. Excellent dining, entertainment and grocery options within a few short blocks. Lake Michigan, Shedd Aquarium, Field Museum, Soldier Field, and several parks nearby. Easy access downtown with CTA bus stops (#29, 62 & 146) and train lines (Harrison at Red Line) all within blocks, and LaSalle Blue Line Station provides easy access to O'Hare Airport. If public transit is not preferred, easy access to 90/94, 290, Lake Shore Drive, and I-55 can be accessed within minutes!
CondoProperty Type
1912Year Built
$337Est. Price/Sq.Ft.
Listed by Alex Wolking• Keller Williams ONEChicago
Welcome home to your one-of-a-kind corner loft with amazing city & river views at the Paper Place Lofts in West Loop/historic Printer's Row! This 1 bd/1ba unit opens into a 22' art display hall with a wine cellar on one side. Huge open living space with enormous windows letting in natural light. The kitchen boasts stainless steel appliances, custom cabinetry, and a large island for all your creations and entertaining needs! The large bedroom leads up to lofted storage with a ladder . Exposed brick walls, polished concrete floors, vaulted terracotta ceiling, and closet storage throughout. Washer/dryer in unit. Amenities include fitness room, additional storage, bike storage, all located in lower level. On-site maintenance. Pet-friendly. Available nearby parking rentals. No rental cap! Near incredible dining and entertainment options, grocery shopping, the lake, museums, parks and downtown! Steps to public transit: CTA bus stops (#29, 62 & 146) and train lines (Harrison at Red Line & LaSalle at Blue Line) that take you downtown in minutes or elsewhere in the city. Quick access to 90/94, 290, LSD and I55. In addition to the amenities. assessments include heat, air conditioning, water, common insurance, exterior maintenance, scavenger, and snow removal. Easy to show. Current Reserves: $447,570.16 (as of May 2022) | Special Assessments: $450,000 in process & Unit 809 billed $4,193.55 | Current Owner Occupancy Percentage: 74% | Rental Cap: None but 1 year lease minimum| Move-in/out fees: $300 weekdays, $400 Saturdays & Holidays plus $250 Deposit| Pet Restrictions: Maximum of 2 dogs
MRED as Distributed by MLS Grid #08064238
Jan 15, 2013
Listing Removed
—
May 14, 2012
Contingent
—
Public Records
Dec 3, 2002
Sold
$242,000
$223/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$4,153 (+3.1%)
$2,741 + $27,013
$29,754
2022
$4,027 (+1.8%)
$2,213 + $20,786
$22,999
2021
$3,955 (−2.3%)
$2,213 + $20,786
$22,999
2020
$4,047 (+2.1%)
$2,002 + $19,266
$21,268
2019
$3,965 (+1.7%)
$2,002 + $21,162
$23,164
2018
$3,897 (+0.6%)
$2,002 + $21,162
$23,164
2017
$3,875 (+2.5%)
$1,656 + $19,720
$21,376
2016
$3,781 (+3.1%)
$1,656 + $19,720
$21,376
2015
$3,666 (+44.6%)
$1,656 + $20,975
$22,631
2014
$2,536 (+2.5%)
$1,525 + $14,716
$16,241
2013
$2,475 (+0.3%)
$1,525 + $14,716
$16,241
2012
$2,467 (−16.8%)
$1,525 + $14,716
$16,241
2011
$2,966 (−10.7%)
$1,794 + $18,527
$20,321
2010
$3,321 (+14.0%)
$1,794 + $21,032
$22,826
2009
$2,913 (+2.8%)
$1,794 + $21,032
$22,826
2008
$2,833 (+3.2%)
$193 + $23,151
$23,344
2007
$2,746
$193 + $23,151
$23,344
Tax history for 801 S Wells St #809
Year
Property tax
Land + Additions
Assessment*
2023
$4,153 (+3.1%)
$2,741 + $27,013
$29,754
2022
$4,027 (+1.8%)
$2,213 + $20,786
$22,999
2021
$3,955 (−2.3%)
$2,213 + $20,786
$22,999
2020
$4,047 (+2.1%)
$2,002 + $19,266
$21,268
2019
$3,965 (+1.7%)
$2,002 + $21,162
$23,164
2018
$3,897 (+0.6%)
$2,002 + $21,162
$23,164
2017
$3,875 (+2.5%)
$1,656 + $19,720
$21,376
2016
$3,781 (+3.1%)
$1,656 + $19,720
$21,376
2015
$3,666 (+44.6%)
$1,656 + $20,975
$22,631
2014
$2,536 (+2.5%)
$1,525 + $14,716
$16,241
2013
$2,475 (+0.3%)
$1,525 + $14,716
$16,241
2012
$2,467 (−16.8%)
$1,525 + $14,716
$16,241
2011
$2,966 (−10.7%)
$1,794 + $18,527
$20,321
2010
$3,321 (+14.0%)
$1,794 + $21,032
$22,826
2009
$2,913 (+2.8%)
$1,794 + $21,032
$22,826
2008
$2,833 (+3.2%)
$193 + $23,151
$23,344
2007
$2,746
$193 + $23,151
$23,344
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.