1343 North Wells Street, Chicago
technical data · neighborhood and transit
Quick answers
- Does 1343 North Wells Street have open permits or code violations?
- Chicago Department of Buildings lists 26 permits, 12 not closed, and 60 violations, 44 open.
- What is the 2026 conforming loan limit in Cook County?
- $832,750 for a single-unit home, per FHFA. Larger loans are jumbo loans.
- Is radon a problem here?
- EPA radon zone 2, moderate potential.
- What natural disasters is 1343 North Wells Street at risk for?
- FEMA's National Risk Index rates the area relatively moderate overall, with elevated tornado and heat wave risk.
Permits and code violations
12 permits not closed out. Unfinished permits pass to the next owner. 44 open violations.
- Permit - signs Dec 2025
Installation of non-illuminated wall sign to read "village cycle center" on west elevation only.
- Permit - renovation/alteration Jan 2020Complete
Erect one story masonry office addition to existing 4 story building, contaning 3 residential units and an existing office space as per plans. **certified plans corrections: conditional permit subject to field inspections **
- Permit - signs Oct 2019
Permanent, illuminated, projecting wall sign 61 sq/ft
- Permit - renovation/alteration Dec 2018Complete
Self certification- repair existing steel porch with wood decks with new steel stairs to existing 4 story building
- Permit – express permit program Mar 2018Complete
Relocating existing outlets and light fixture
- Permit - signs Mar 2018
5" deep fabricated aluminum open face channel letters
- Permit – express permit program Jan 2018Complete
Installation of low voltage burglar alarm interior work only # 4024-85766 job # 94948060
- Permit – express permit program Dec 2017Complete
Low voltage wiring for data, camera and pos.
- Permit – express permit program Dec 2017Complete
Install non-required fire alarm system
- Permit - renovation/alteration Jul 2017Complete
Self-cert: interior renovation of existing ground floor mercantile space to small restaurant with less than 100 occupants. 1440 sf no change of occupancy.
- Permit – express permit program Dec 2016Complete
Village cycle center 131-17526-06 low voltage permit for low voltage camera installation
- Permit - renovation/alteration May 2016Complete
Self certification- remove and replace existing rear open 4 story porch and stairs
Chicago Department of Buildings
Safety and environment
FEMA natural hazard risk
Relatively Moderate
Highest for this area: tornado, heat wave, cold wave. These drive insurance cost here.
FEMA National Risk Index, census tract
Leaking fuel tanks
15 within 1,650 ft
Nearest: Marshall 1232, Llc, 1232 North Lasalle Street (850 ft), open. 2 still open. Ask whether groundwater or soil vapor testing was done.
EPA UST Finder, leaking underground storage tank releases
Toxic release facility
1,300 ft
Oscar Mayer Foods Corp Chicago Plant and 7 more within a mile. Reports chemical releases to air, water or land to EPA each year.
EPA Toxics Release Inventory
Historic listing nearby
100 ft
Emmel Building. Exterior changes can need preservation review; listed buildings can qualify for rehabilitation tax credits.
National Park Service, National Register
Radon potential
Moderate
Average indoor levels of 2 to 4 pCi/L. EPA still suggests testing ground-floor and basement units.
EPA and USGS Geologic Radon Potential Map
Nearest public schools
550 ft
Franklin Elem Fine Arts Center (550 ft), Manierre Elem School (1,650 ft), Payton College Preparatory HS (1,950 ft). Confirm the assigned school with the district.
U.S. Department of Education, NCES
Sinkhole-prone ground
Limestone karst
The bedrock here (dolostone (dolomite), Silurian) can dissolve and open sinkholes. Ask for a geotechnical report and check whether sinkhole coverage is in the insurance policy.
USGS Karst in the United States (OFR 2014-1156)
Conforming loan limit 2026
$832,750
Cook County. Mortgages up to this amount qualify for Fannie Mae and Freddie Mac pricing. Above it, the loan is a jumbo with stricter terms.
FHFA Conforming Loan Limit Values, one-unit
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Who lives and works in Chicago
Trading floors, logistics and the deepest architecture stock in America
Chicago carries a full corporate economy at a price the coasts do not match. Neighborhoods are distinct and walkable, two and three flats are everywhere, and the Loop still sets the commute for finance, law and consulting.
- $71,673
- median household income
- 18.9%
- residents aged 25 to 34
- 45%
- households that own their home
What pays the bills
- Finance and trading
- Logistics and rail
- Law and consulting
- Healthcare
- Manufacturing
Who anchors the economy
CME Group · Boeing suppliers · University of Chicago · Northwestern Medicine · United Airlines
The market is shaped around
- Young professionals
- Families buying space
- Two and three flat owners
More on North Wells Street
All addressesViewing recommendations
What's worth checking in person before deciding.
- Test water pressure and temperature at the tap, in the bathroom and kitchen, for at least a minute.
- The building has commercial space on the ground floor. Ask about their hours, check where the ventilation or refrigeration units are, and what time deliveries happen in the morning.
- Ask for the latest maintenance bill from a winter month, not a summer one: that's where the real cost of living there shows up.
- Knock on a neighboring door and ask two things: what bothers them most often, and what work is planned for the building.
- Look at the stairwell (cleanliness, smell) and the association's notice board: unpaid dues, conflicts, recent decisions.
- Schedule a viewing on a weekday too, between 6:00 and 7:30 PM, the window when the building is busiest: neighbors, parking, elevator.
- Ask specifically where you'd park: is there paid city parking, who currently holds it, what the permit costs, and how long the waitlist is.
Neighborhood recommendations are derived from public OpenStreetMap data and may be incomplete. Checking in person is still what matters most.