1309 N Wells Ave. #501

in Michael's Terrace
$475,000 Under Contract · 8 days on market
2
beds
2
baths
1,100
sq ft
$432
per sq ft

About this unit

Enjoy elevated city living in this beautiful two-bedroom, two-bath residence. Floor to ceiling windows showcase stunning north and west exposures, filling the home with abundant natural light and captivating urban views. The well-designed floor plan offers a seamless connection between the living, dining, and kitchen spaces, creating an inviting setting for both relaxation and entertaining. The open kitchen features sleek stainless steel finishes and ample workspace, while both bedrooms provide generous proportions and excellent closet storage. Stylishly updated bathrooms enhance the home's turnkey appeal and in-unit laundry adds everyday convenience. Included with the unit are a garage parking space and additional storage. Residents benefit from a full suite of amenities, including recently renovated common areas, party room,bike room, professional door staff, and a rooftop sundeck offering panoramic skyline views. Perfectly positioned near Old Town's best dining, boutique shopping, public transportation, and neighborhood conveniences...this home delivers the best of vibrant city living! Unit currently rented through March 2027.

Amenities

Shared amenities included with the building.

  • 24/7 Front Desk

Property details

The facts that decide a tour — straight from MRED.

Monthly costs
HOA$608 / mo
HOA includesInsurance, Doorman, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
Annual tax$7,743 (2025)
Rules & parking
ParkingGarage Door Opener, Yes, Garage Owned, Attached, Garage
PetsCats OK, Dogs OK

What it costs each month

Live estimate. Tax based on Cook County 2024 effective rate. HOA pulled from the listing.

$475,000
$
20%$95,000
6.85%
30 years
Principal & interest$2,490 / mo
HOA$608 / mo
Property tax (est.)$645 / mo
All-in monthly$3,743

Estimate. Real rate depends on your lender, credit, and reserves. We'll connect you to a Chicago-based broker once you tour.

Listing history

The MLS trail for this unit — list events and price changes only.

Oct 7, 2026 Active Under Contract Active Under Contractcurrent
Sep 30, 2026 Listed for sale $475,000

About 1309 N Wells St.

A look at the building this unit is in.

1309 N Wells St. building

1309 N Wells St.— Michael's Terrace

Old Town condo · 14 floors · built 1990
1 for sale · 0 for rent
For sale from $475K
View the building

Where it is

FAQ

Where do these listings come from?

Straight from the Midwest Real Estate Data (MRED) MLS, refreshed regularly — the same listings your buyer's agent sees, no curated subset.

Can I work with Dibze to buy?

Yes. A licensed Chicago buyer's agent lines up tours, writes offers, and handles the close. The seller pays the commission, so it's free to you — and we rebate part of it back at closing.

Can I rent in this building?

If owners are leasing units, the For Rent tab shows them. These are individual condo owners listing through the MLS, so lease terms and pet rules vary by unit.

How is this different from Redfin or Zillow?

Same MLS feed, different model — we don't sell your contact info or turn every click into a lead. One Dibze condo expert handles your whole search and represents you, not the seller.

Recently sold in this building

Last 12 months of closed sales at 1309 N Wells St. — straight from MRED. For pricing context, not for tour.

Listed by Katie Keating · Compass · MLS #MRD12772048 · MRED
Mino Conenna
Mino Conenna
Licensed IL broker · Chicago condo specialist
Online now · replies in minutes

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