Chicago City Wire

According to BlockShopper.com, the following residential sales were reported for the week of March 13-19, 2022. The median sale price was $262,500 and the median property tax bill was $3,493.50 for the previous twelve months.

701 S Wells St.
$260,000
Property Tax (2020): $1,687.60
Effective Property Tax Rate: 0.65%
Buyer: Haleigh M Howard and Margaret T. Keyes-Howard
Seller: George O. Wells (estate), George O. Wells (deceased) and Brenda Nelson

1250 S. Michigan Ave.
$265,000
Property Tax (2020): $5,299.42
Effective Property Tax Rate: 2.00%
Buyer: Tumelin Adeline Le
Seller: Trust No 600-48-0159, Chicago Title Land Trust Co. (trustee) and Trust No 600-36-5451