Chicago

1401 North Wells Street, Chicago

technical data · neighborhood and transit

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1401 North Wells Street, ChicagoOpen map

Quick answers

Does 1401 North Wells Street have open permits or code violations?
Chicago Department of Buildings lists 29 permits, 18 not closed, and 60 violations, 37 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 1401 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

18 permits not closed out. Unfinished permits pass to the next owner. 37 open violations.

  1. Permit - signs Aug 2025

    Third coast stitchesreplacing lettering on existing wall signlocation: west elevationsign facing: wells st.reads: third coast stitches

  2. Permit – express permit program Apr 2025Suspended

    Scope: nonstructural interior alteration to remove dropped ceiling, partitions, cabinetry and raised platform. new lvt flooring. new countertop and cabinets. wall repairs (no electrical work, no plumbing work or no mechanical work under this permit). locations: 0 residential unit(s), 1 non-residential unit(s), 1st floor commercial space.

  3. Permit - signs Dec 2020

    Essa dora salon & spanew id illuminated channel letterslocation: west elevationsign facing: wells streads: essa dora salon & spa

  4. Permit - easy permit process Jul 2018

    Tuckpointing - no structural work - 1700 sqft

  5. Permit - renovation/alteration Apr 2018Complete

    [self-cert project] interior alterations to the existing 1st floor rear retail tenant space. convert existing 1st floor rear retail accessory storage space into expanded acessory retail support for the existing 1st floor tenant (winnie couture).

  6. Permit - signs Mar 2018

    Aluminum box sign mounted on west elevation. sign facing west to wells st.

  7. Permit - signs Mar 2018

    Awning on east elevation. awning facing wells st

  8. Permit - signs Mar 2018

    Awning on west elevation. awning facing west to wells st

  9. Permit - signs Mar 2018

    Awning on north elevation of building. awning facing north to schiller st.

  10. Permit - easy permit process Sep 2017

    All work in (1) 4th floor commercial space: patch/repair existing 5/8" drywall as needed (appx 1200sf). work also to include minor cosmetic work. paint: tile. carpet. millwork. replace (2) lav & 2 toilet (no structural work)- all work same as existing; subject to field inspections

  11. Permit - renovation/alteration Aug 2017Complete

    Interior alterations to the 1st floor rear commercial space as per plans. replacement of existing plumbing fixtures, minor electrical work and drywall. no change to existing hvac system. the proposed inactive storage space (1st floor rear) will be an accessory storage to the 1st floor retail tenant (which the ti permit is being processed via seperate permit #100711613; for reference purposes).**certified corrections- - subject to field inspections & audit **

  12. Permit - renovation/alteration Aug 2017Complete

    Interior alterations to the existing basement and 1st floor (front) retail/tenant space as per plans (winnie couture).**certified corrections- - subject to field inspections & audit **

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

14 within 1,650 ft

Nearest: Marshall 1232, Llc, 1232 North Lasalle Street (1,150 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

1,500 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

200 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

700 ft

Franklin Elem Fine Arts Center (700 ft), Manierre Elem School (1,550 ft), Payton College Preparatory HS (2,250 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
Read the Chicago city report →

More on North Wells Street

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Viewing 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.
  • Knock on a neighboring door and ask two things: what bothers them most often, and what work is planned for the building.
  • 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.
  • Schedule a viewing on a weekday too, between 6:00 and 7:30 PM, the window when the building is busiest: neighbors, parking, elevator.
  • Look at the stairwell (cleanliness, smell) and the association's notice board: unpaid dues, conflicts, recent decisions.
  • 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.

Neighborhood recommendations are derived from public OpenStreetMap data and may be incomplete. Checking in person is still what matters most.

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