Paper Place Lofts

About the Building

The Paper Place Lofts at 801 S. Wells is a condo development in South Loop neighborhood that offers spacious units, quality construction and all the amenities you need to live in comfort and style. Built in 1915, the Paper Place Lofts is one of the most attractive buildings in the up-and-coming South Loop neighborhood, blending vintage charm with modern comforts. From the individual unit features to the useful building services and facilities, this site is a homeowner's dream.

The units come in a number of layouts and offer residents a range of pricing to suit all family sizes and budgets. Generally speaking, the price per square foot for property at 801 S. Wells is $226, with an average size of 1,056 square feet. The smallest units offer 950 square feet of living space, while the largest ones encompass 1,250 square-foot floorplans. The largest residences contain 3 bedrooms, each of which can be 208 square feet in area. On the other hand, if you don't need a lot of room, there are 1-bedroom units that are 132 square feet.

The standard length of time a unit in this building stays on the market is 69 days, although some take as long as 137 days to sell. Currently, there are few 1-bedroom residences available at 801 S. Wells. The average listing price for these units is $285,000 and the average sale price is $234,064. To give a better idea of the going rate for property in this particular building, a 1-bedroom here went for $246,000 in March of 2007. In addition, homeowners generally pay $2,211 per year in taxes for to live in the Paper Place Lofts, and an average of $293 per month in assessments.

One more thing, in case you have a little furry friend at home who is planning on making the move with you-this building welcomes pets. So go ahead and pack up the toys, leashes, litter boxes, and food dishes because Fido or Fluffy may just become the newest four-legged neighbor at 801 S. Wells.