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  5. Paper Place Lofts
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Paper Place Lofts

801 S Wells Street, Chicago, IL, 60605

YEAR BUILT

# STORIES

10

# TOTAL UNITS

68

UNIT SIZE RANGE

2,850-2,950 sqft

Description

Paper Place Lofts is located at 801 S Wells Street in Chicago. This high-rise building has 10 stories and contains 68 units. It offers a mix of one, two, and three-bedroom layouts, making it suitable for various lifestyles. The units range from 2,850 to 2,950 square feet. Prices start at $220,000, and the average closed price is around $345,234. This translates to an average price of about $256 per square foot based on recent sales. On average, these units spend 56 days on the market, giving buyers time to make a thoughtful decision. The building has amenities like elevators and an exercise room for residents. These features add to the everyday comfort of living here. With a variety of options within the building, there’s something for everyone. Nearby, residents can find the Music by Design LTD and Dollop Coffee Co for local culture and caffeine. River City Convenience Store serves grocery needs, providing easy access to everyday items. The area blends convenience with a sense of community. Living at Paper Place Lofts allows for access to nearby attractions and a vibrant neighborhood. The location also provides easy routes to local roads for travel. Being in a bustling city yet offering a communal feel adds to its appeal.

Building ImageMLS ID #08211804
Building ImageMLS ID #08211804
Building ImageView Listing

Paper Place Lofts

801 S Wells Street, Chicago, IL, 60605

YEAR BUILT

# STORIES

10

# TOTAL UNITS

68

UNIT SIZE RANGE

2,850-2,950 sqft

Description

Paper Place Lofts is located at 801 S Wells Street in Chicago. This high-rise building has 10 stories and contains 68 units. It offers a mix of one, two, and three-bedroom layouts, making it suitable for various lifestyles. The units range from 2,850 to 2,950 square feet. Prices start at $220,000, and the average closed price is around $345,234. This translates to an average price of about $256 per square foot based on recent sales. On average, these units spend 56 days on the market, giving buyers time to make a thoughtful decision. The building has amenities like elevators and an exercise room for residents. These features add to the everyday comfort of living here. With a variety of options within the building, there’s something for everyone. Nearby, residents can find the Music by Design LTD and Dollop Coffee Co for local culture and caffeine. River City Convenience Store serves grocery needs, providing easy access to everyday items. The area blends convenience with a sense of community. Living at Paper Place Lofts allows for access to nearby attractions and a vibrant neighborhood. The location also provides easy routes to local roads for travel. Being in a bustling city yet offering a communal feel adds to its appeal.

Next

Description

Paper Place Lofts is located at 801 S Wells Street in Chicago. This high-rise building has 10 stories and contains 68 units. It offers a mix of one, two, and three-bedroom layouts, making it suitable for various lifestyles. The units range from 2,850 to 2,950 square feet. Prices start at $220,000, and the average closed price is around $345,234. This translates to an average price of about $256 per square foot based on recent sales. On average, these units spend 56 days on the market, giving buyers time to make a thoughtful decision. The building has amenities like elevators and an exercise room for residents. These features add to the everyday comfort of living here. With a variety of options within the building, there’s something for everyone. Nearby, residents can find the Music by Design LTD and Dollop Coffee Co for local culture and caffeine. River City Convenience Store serves grocery needs, providing easy access to everyday items. The area blends convenience with a sense of community. Living at Paper Place Lofts allows for access to nearby attractions and a vibrant neighborhood. The location also provides easy routes to local roads for travel. Being in a bustling city yet offering a communal feel adds to its appeal.

Paper Place Lofts Market Stats Last 12 months

Avg. Listed Price$349,380($258/Sqft.)
Avg. Sale Price$345,234($256/Sqft.)
Year over year list priceUp Arrow0.20%
Year over year sale priceUp Arrow 0.14%
Total Listings5 Listed
Total sold6 Sold
Average Days on Market56 days
Average HOA fees per sqft$3 /monthly
Next

Market Stats

Year over year list priceUp Arrow0.20%
Year over year sale priceUp Arrow0.14%
Total Listings5 Listed
Total sold6 Sold
Average Days on Market56 days
Average HOA fees per sqft$3 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

Paper Place Lofts Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 10091009126511142012-11-14
MLS#: 08211804 		Closed$220,000
Unit 1009
1009

1 Beds

1 Baths

1265 sqft

DateStatusPrice
2012-11-14Closed$220,000
MLS#: 08211804
Days On Market14
View Complete Unit Listing HistorySource By: MRED

Amenities

Don’t forget to check out the fantastic amenities that come with living at Paper Place Lofts. Whether you want to break a sweat or relax after a long day at work, the exercise room can be your go-to spot for keeping fit. Plus, with convenient elevator access, lugging up groceries or moving furniture becomes a breeze. Imagine being able to unwind after your workouts in your beautiful new space!

Next

Amenities Description

Don’t forget to check out the fantastic amenities that come with living at Paper Place Lofts. Whether you want to break a sweat or relax after a long day at work, the exercise room can be your go-to spot for keeping fit. Plus, with convenient elevator access, lugging up groceries or moving furniture becomes a breeze. Imagine being able to unwind after your workouts in your beautiful new space!

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
Check Icon
Visitors Parking
Visitors Parking
Next

Amenities

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Security Door Lock(s)

Security Door Lock(s)

Coin Laundry

Coin Laundry

Storage

Storage

Policies

Once you make Paper Place Lofts your home, you can enjoy the flexibility of having pets, as both cats and dogs are welcome! However, be mindful of the building’s number limit on pets, ensuring a harmonious environment for all residents. Friendly neighbors and a well-maintained community make it easy to feel at home in this inviting space.

Next

Amenities Description

Once you make Paper Place Lofts your home, you can enjoy the flexibility of having pets, as both cats and dogs are welcome! However, be mindful of the building’s number limit on pets, ensuring a harmonious environment for all residents. Friendly neighbors and a well-maintained community make it easy to feel at home in this inviting space.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
Paper Place Lofts$256/sqft.$3 /sqft.
801 S Wells St$271/sqft.$3 /sqft.
170 W Polk St$404/sqft.$3 /sqft.
170 W Polk Street$404/sqft.$3 /sqft.
732 S Financial Pl$266/sqft.$3 /sqft.
Printers Row Lofts Condominiums$283/sqft.$3 /sqft.

Nearby Schools

Paper Place Lofts is located in a school-accessible area of South Loop / Near South Side, Chicago. Nearby schools within a 2-mile radius simplify daily schedules. Families benefit from convenient education access. This location promotes a balanced and family-friendly lifestyle.

South Loop Montessori School

--
Private|Grades PK–3
47 W Polk St Ste G...|0.22 miles away

Jones College Preparatory High School

A
Public|Grades 9–12
700 S State St|0.29 miles away

South Loop Elementary School

B
Public|Grades PK–8
1212 S Plymouth Ct|0.43 miles away

Urban Preparatory West Charter School

--
Public|Grades 9–12
425 S Wabash Ave|0.5 miles away

Intrinsic 2 Charter High School

--
Public|Grades 9–12
79 W Monroe St Ste...|0.61 miles away

Noble St Charter-Muchin College Preparatory

A+
Public|Grades 9–12
1 N State St|0.78 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

Paper Place Lofts is located in a school-accessible area of South Loop / Near South Side, Chicago. Nearby schools within a 2-mile radius simplify daily schedules. Families benefit from convenient education access. This location promotes a balanced and family-friendly lifestyle.

South Loop Montessori School

--
Private|Grades PK–3
47 W Polk St Ste G...|Less than 1 Mile Away

Jones College Preparatory High School

A
Public|Grades 9–12
700 S State St|Less than 1 Mile Away

South Loop Elementary School

B
Public|Grades PK–8
1212 S Plymouth Ct|Less than 1 Mile Away

Urban Preparatory West Charter School

--
Public|Grades 9–12
425 S Wabash Ave|Less than 1 Mile Away

Intrinsic 2 Charter High School

--
Public|Grades 9–12
79 W Monroe St Ste...|Less than 1 Mile Away

Noble St Charter-Muchin College Preparatory

A+
Public|Grades 9–12
1 N State St|Less than 1 Mile Away

Frances Xavier Warde School

--
Private|Grades PK–8
120 S Desplaines S...|Less than 1 Mile Away

Yccs-Innovations of Arts Integr High School

--
Public|Grades 9–12
17 N State St|Less than 1 Mile Away

Daystar Academy

--
Private|Grades PK–9
1550 S State St St...|Less than 1 Mile Away

Galileo Elementary Math & Science Schol Acd

B
Public|Grades KG–8
820 S Carpenter St|1.05 Miles Away

St Ignatius College Preparatory

--
Private|Grades 9–12
1076 W Roosevelt R...|1.10 Miles Away

Perspectives Charter - Joslin Campus

C-
Public|Grades 6–12
1930 S Archer Ave|1.11 Miles Away

J. Smyth Elementary School

D
Public|Grades KG–8
1059 W 13th St|1.14 Miles Away

Yccs-Jane Addams Alternative High School

--
Public|Grades 9–12
1814 S Union Ave|1.20 Miles Away

Gems World Academy Chicago

--
Private|Grades PK–11
350 E South Water ...|1.27 Miles Away

Dba City Garden Waldorf School

--
Private|Grades PK–KG
920 W 19th St|1.32 Miles Away

Intercultural Montessori Language School

--
Private|Grades PK–8
114 S Racine Ave|1.35 Miles Away

Jungman Elementary School

C+
Public|Grades PK–8
1746 S Miller St|1.36 Miles Away

National Teachers Elementary Academy

B-
Public|Grades PK–8
55 W Cermak Rd|1.41 Miles Away

Walsh Elementary School

D
Public|Grades KG–8
2015 S Peoria St|1.41 Miles Away

Jackson a Elementary Language Academy

A+
Public|Grades KG–8
1340 W Harrison St|1.44 Miles Away

Pui Tak Christian School

--
Private|Grades PK–8
2301 S Wentworth A...|1.46 Miles Away

St Therese Chinese Catholic School

--
Private|Grades PK–8
247 W 23rd St|1.47 Miles Away

Chicago Technology Academy High School

B
Public|Grades 9–12
1301 W 14th St|1.49 Miles Away

Devry Advantage Academy High School

A+
Public|Grades 11–12
1900 W Lawrence Av...|1.52 Miles Away

St Procopius School

--
Private|Grades PK–8
1625 S Allport St|1.53 Miles Away

Haines Elementary School

A
Public|Grades PK–8
247 W 23rd Pl|1.53 Miles Away

Montessori Academy of Chicago

--
Private|Grades PK–8
1335 W Randolph St|1.61 Miles Away

Graham R Training Center

--
Public|Grades 9–12
2347 S Wabash Ave|1.61 Miles Away

Young Magnet High School

A+
Public|Grades 7–12
211 S Laflin St|1.63 Miles Away

STEM Magnet Academy Elementary School

A-
Public|Grades KG–8
1522 W Fillmore St|1.64 Miles Away

Crane Technical Preparatory High School

--
Public|Grades 12–12
|1.68 Miles Away

Perez Elementary School

D+
Public|Grades PK–8
1241 W 19th St|1.71 Miles Away

Pilsen Elementary Community Academy

D
Public|Grades PK–8
1420 W 17th St|1.76 Miles Away

Urban Prairie

--
Private|Grades PK–8
1310 S Ashland Ave|1.80 Miles Away

Urban Prairie Waldorf School

--
Private|Grades PK–8
1310 S Ashland Ave|1.80 Miles Away

Simpson Academy High School for Young Women

--
Public|Grades 6–12
1321 S Paulina St|1.89 Miles Away

Ogden Elementary School

D+
Public|Grades KG–8
24 W Walton St|1.96 Miles Away

Sheridan Elementary Math & Science Academy

A+
Public|Grades KG–8
533 W 27th St|1.96 Miles Away

Rudolph Elementary Learning Center

--
Public|Grades PK–7
1628 W Washington ...|1.97 Miles Away

Hope Learning Academy

C-
Public|Grades KG–5
1628 W Washington ...|1.97 Miles Away

J. Ward Elementary School

B+
Public|Grades KG–8
2701 S Shields Ave|1.97 Miles Away

Acero Charter School Network - Bartolome de las Casas

D
Public|Grades KG–8
1641 W 16th St|1.98 Miles Away

Drake Elementary School

C
Public|Grades PK–8
2710 S Dearborn St|1.98 Miles Away

Ogden Intermediate High School

A
Public|Grades 9–12
1250 W Erie St|1.99 Miles Away

Transit

Set in South Loop / Near South Side, Paper Place Lofts provides residents with convenient access to public transit across Chicago. Multiple Bus, Rail, Metro are available within 2 miles, offering seamless daily travel options. Efficient transit connections support work, education, and lifestyle needs. This transit-rich area contributes to a balanced and connected living experience.

1100 S Columbus (Pedestrian Underpass)

0.68 miles away|13 min walk

1440 S Indiana

0.85 miles away|17 min walk

1633 W Madison

1.93 miles away|37 min walk

18th St.

1.23 miles away|24 min walk

18th Street & Ashland

1.95 miles away|38 min walk

18th Street & Blue Island

1.72 miles away|34 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Set in South Loop / Near South Side, Paper Place Lofts provides residents with convenient access to public transit across Chicago. Multiple Bus, Rail, Metro are available within 2 miles, offering seamless daily travel options. Efficient transit connections support work, education, and lifestyle needs. This transit-rich area contributes to a balanced and connected living experience.

1100 S Columbus (Pedestrian Underpass)

0.68 miles away|13 min walk

1440 S Indiana

0.85 miles away|17 min walk

1633 W Madison

1.93 miles away|37 min walk

18th St.

1.23 miles away|24 min walk

18th Street & Ashland

1.95 miles away|38 min walk

18th Street & Blue Island

1.72 miles away|34 min walk

18th Street & Carpenter

1.4 miles away|27 min walk

18th Street & Halsted

1.18 miles away|23 min walk

18th Street & Laflin

1.84 miles away|36 min walk

18th Street & Peoria

1.24 miles away|24 min walk

18th Street & Racine

1.53 miles away|30 min walk

18th Street & Sangamon

1.28 miles away|25 min walk

18th Street & Throop

1.62 miles away|32 min walk

2300 S Halsted

1.61 miles away|31 min walk

25th Street & Michigan

1.79 miles away|35 min walk

26th Street & Indiana

1.9 miles away|37 min walk

26th Street & King Drive

1.98 miles away|38 min walk

26th Street & Normal

1.86 miles away|36 min walk

26th Street & Prairie

1.93 miles away|37 min walk

320 N LaSalle

1.14 miles away|22 min walk

321 N LaSalle

1.14 miles away|22 min walk

327 W Roosevelt

0.34 miles away|7 min walk

333 S Franklin Street (Chicago)

0.37 miles away|8 min walk

350 S. Clark Street (Chicago)

0.4 miles away|8 min walk

530 W Grand

1.42 miles away|28 min walk

700 W Chicago

1.81 miles away|35 min walk

900 W Harrison

0.83 miles away|16 min walk

900 W Roosevelt

0.9 miles away|18 min walk

900 W Taylor

0.81 miles away|16 min walk

Adams & Canal

0.6 miles away|12 min walk

Adams & Clark

0.53 miles away|11 min walk

Adams & State

0.58 miles away|12 min walk

Adams & S. Wacker

0.54 miles away|11 min walk

Adams & Wabash

0.65 miles away|13 min walk

Adams/Wabash

0.64 miles away|13 min walk

Adams & Wells

0.51 miles away|10 min walk

AM Michigan & Randolph (Chicago)

0.98 miles away|19 min walk

Archer & 23rd Place

1.54 miles away|30 min walk

Archer & Canal

1.45 miles away|28 min walk

Archer & Cermak/Princeton

1.31 miles away|26 min walk

Archer & Dearborn

1.13 miles away|22 min walk

Archer & Green

1.91 miles away|37 min walk

Archer & Grove

1.56 miles away|30 min walk

Archer & Lowe

1.74 miles away|34 min walk

Archer & Normal

1.59 miles away|31 min walk

Archer & Red Line Station

1.22 miles away|24 min walk

Archer & Wallace

1.65 miles away|32 min walk

Archer & Wentworth

1.21 miles away|24 min walk

Ashland & 14th Street

1.8 miles away|35 min walk

Ashland & 15th Street

1.84 miles away|36 min walk

The Neighbourhood: South Loop / Near South Side

South Loop, part of Chicago’s vibrant Near South Side, offers a dynamic urban experience with a mix of historic and modern attractions. This neighborhood is home to the renowned Museum Campus, which includes the Field Museum, Shedd Aquarium, and Adler Planetarium. Residents enjoy diverse dining options, from local eateries to high-end restaurants, and ample shopping opportunities. The area provides a convenient lifestyle with easy access to public transportation, including multiple L train lines and proximity to major expressways. With its scenic views of Lake Michigan and Grant Park, South Loop caters to both families and professionals seeking an active city life.

Next

Neighbourhood Description

South Loop, part of Chicago’s vibrant Near South Side, offers a dynamic urban experience with a mix of historic and modern attractions. This neighborhood is home to the renowned Museum Campus, which includes the Field Museum, Shedd Aquarium, and Adler Planetarium. Residents enjoy diverse dining options, from local eateries to high-end restaurants, and ample shopping opportunities. The area provides a convenient lifestyle with easy access to public transportation, including multiple L train lines and proximity to major expressways. With its scenic views of Lake Michigan and Grant Park, South Loop caters to both families and professionals seeking an active city life.

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Paper Place Lofts Demographics

Age Demographics

0–14 Years

7.84%

15–29 Years

30.94%

30–44 Years

35.56%

45–59 Years

14.13%

60+ Years

11.53%

Commute

20.81%

Transit

24.77%

Walk

30.17%

Drive

1.66%

Bike

Housing Ownership

41.29%

Owner Occupied

58.71%

Rental Units

Household Types

Single Family
10.4%
Multi Family
0.81%
Single Person
52.68%
Multi Person
47.32%

Average Income

Household:$10,494,942.59 /yr

Individual:$8,459,486.68 /yr

Education

Bachelors Degree35.96%
High School College4.22%
Diploma4.18%
Post Graduate43.4%
Others12.24%
Next

Education

Diploma4.18%
Post Graduate43.4%
Others12.24%
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    Paper Place Lofts
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