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Paper Place Lofts

Paper Place Lofts

Paper Place Lofts
Condominium Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

801 S Wells St
Chicago, IL 60607
107 Units
10 Stories
1915 Year Built
$163K - $578K Value Range

Available Units

For Sale
For Rent

Highlights

  • Fitness Center
  • Elevator
  • River Front
  • Open Floorplan
  • Bike Room
  • 5 min walk to Southbank Riverwalk

Historic loft living in the heart of Printer's Row

Paper Place Lofts, a historic landmark designed by renowned architect Daniel Burnham, stands as a testament to Chicago's rich architectural heritage. Completed in 1915, this 10-story building houses 107 condominium units, offering residents a unique blend of vintage charm and modern urban living. Located in the vibrant Printer's Row neighborhood, the building's industrial past is evident in its sturdy brick facade and large windows, while its interior spaces have been thoughtfully adapted for contemporary lifestyles. The lofts at Paper Place provide a distinctive living experience, combining the character of early 20th-century design with the conveniences of today's urban dwellings.

Spacious lofts with soaring ceilings and industrial flair

Paper Place Lofts offers a range of living spaces to suit various needs, from cozy one-bedrooms to expansive three-bedroom units. The smallest units start at 900 square feet, while the largest stretch to an impressive 2,800 square feet. One-bedroom units, ranging from 900 to 1,400 square feet with one bathroom, are priced between $219,000 and $300,000. These spaces often feature high ceilings, some reaching up to 14 feet, with exposed terracotta tiles and brick walls that speak to the building's industrial heritage. Two-bedroom units, varying from 900 to 2,350 square feet with up to 2.5 bathrooms, are available from $329,000 to $454,900. Many of these lofts boast open floor plans ideal for entertaining, with some offering separate dining areas and breakfast bars. The larger three-bedroom units, spanning 1,530 to 2,800 square feet with 2 to 3.5 bathrooms, are priced around $610,000. These spacious homes often include unique features like lofted storage areas or office spaces accessible by custom-built staircases. Throughout the building, residents enjoy hardwood floors, large industrial windows that flood the spaces with natural light, and in many cases, stunning views of the Chicago skyline or river. Kitchens have been updated in many units to include modern amenities such as stainless steel appliances, granite countertops, and custom cabinetry. Some lofts feature 20-foot-high windows and spacious lanais, perfect for enjoying the urban vistas. Many units have been thoughtfully renovated to maximize storage and efficiency, with features like built-in shelving, walk-in closets, and clever use of lofted spaces. In-unit laundry is a common amenity, with some homes boasting stackable washer and dryer units. Bathrooms in renovated units often showcase modern fixtures, dual vanities, and luxurious touches like soaking tubs or glass-enclosed showers. The building's unique architecture allows for interesting layouts, including duplex-style units with spiral staircases or industrial-chic iron staircases leading to lower levels. Some penthouse units offer additional perks like extra-high ceilings and potential for adding square footage through loft construction. Monthly HOA fees range from $400 to $700, covering heat, air conditioning, water, security, exercise facilities, exterior maintenance, and snow removal, providing residents with a comprehensive package of services that simplify loft living in this historic building.

Modern conveniences in a historic setting

Paper Place Lofts combines its historic charm with a selection of amenities designed for contemporary urban living. The building's fitness center, recently outfitted with new equipment, allows residents to maintain their workout routines without leaving home. For those who prefer outdoor activities, the property's location near the new riverfront area, including a kayak launch, offers unique recreational opportunities. Secure bike storage is available for cycling enthusiasts, while additional storage options help residents maximize their living spaces. The building's laundry facilities supplement the in-unit washers and dryers found in many apartments. A spacious lobby, secured by a front door buzzer system, provides a welcoming entrance for residents and their guests. The property is pet-friendly, catering to animal lovers, and even features a dog park behind the building for convenient pet exercise. On-site management and maintenance staff ensure the smooth operation of the building, addressing residents' needs promptly. One of the most distinctive features of Paper Place Lofts is its Historic Landmark plaque, a point of pride that connects residents to the building's storied past. The impressive open entryway, with its high ceilings, serves as a grand introduction to the building's character. For added convenience and security, the building employs a butterfly entry system and fob-operated elevators. These modern touches blend seamlessly with the historic architecture, creating a living environment that honors its past while embracing the present.

A vibrant urban enclave rich in culture and convenience

Paper Place Lofts is situated in the heart of Printer's Row, a neighborhood that has transformed from its industrial roots into a lively residential and cultural hub. This area, part of the larger Loop district, offers residents a perfect blend of historic charm and modern urban living. The neighborhood is a paradise for food lovers, with an array of dining options at their doorstep. Residents can enjoy a quick bite at local favorites like Flaco's Tacos or savor upscale dining experiences at nearby restaurants. For coffee enthusiasts, Dollop Coffee provides the perfect spot for a morning brew or an afternoon work session. Cultural attractions abound in the vicinity. The iconic Art Institute of Chicago is just a short distance away, offering world-class exhibitions year-round. Millennium Park, with its famous Cloud Gate sculpture (often called "The Bean"), provides a beautiful urban green space for relaxation and recreation. The nearby Riverwalk offers scenic paths for strolling or jogging along the Chicago River. For everyday needs, residents have easy access to a variety of shopping options. Target is conveniently located for essentials, while the Roosevelt Collection Shops offer a mix of retail stores and entertainment, including a movie theater. Whole Foods and Trader Joe's are within walking distance for grocery shopping, ensuring residents have multiple options for fresh produce and specialty items. Book lovers will appreciate the proximity to Sandmeyer's Bookstore, an independent shop that adds to the neighborhood's literary character. The area's rich history is evident in its architecture and street layouts, creating a unique urban landscape that blends the old with the new. Recreation options are plentiful, with Grant Park and its numerous events and festivals just a short walk away. The Southbank Park and Riverwalk provide additional green spaces and opportunities for outdoor activities, including the newly added kayak launch for water enthusiasts. The neighborhood's walkability is one of its strongest assets, with most daily needs and attractions within easy reach on foot. This pedestrian-friendly environment contributes to a strong sense of community and makes Printer's Row an ideal location for those seeking an authentic urban living experience.

Unparalleled connectivity in the heart of Chicago

Paper Place Lofts enjoys an enviable location in terms of transportation options, making it an ideal base for navigating Chicago. The building's central position in the Loop provides residents with easy access to a comprehensive network of public transit and major roadways. For those relying on public transportation, the options are plentiful. The LaSalle Station on the Blue Line is just a short walk away, offering direct access to O'Hare International Airport and the western suburbs. The Harrison Station on the Red Line is equally close, providing north-south connectivity through the city. For those looking to explore more of the downtown area, the LaSalle/Van Buren Station serves the Brown, Orange, Pink, and Purple Lines, covering a wide swath of the city. Bus service in the area is extensive, with multiple stops within a five-minute walk of the building. The Clark & Polk stop, for instance, serves several express routes to the suburbs as well as local lines. This variety of bus options ensures that residents can easily reach any part of the city, whether for work or leisure. Commuters who prefer rail travel will appreciate the proximity to Chicago LaSalle Station, a major Metra hub serving the Rock Island District Line. This station, less than half a mile from Paper Place Lofts, provides convenient access to the south suburbs and is an excellent option for reverse commuters. For those who occasionally need to drive, the building's location offers easy access to major highways. Entrances to I-90/94, I-290, and Lake Shore Drive are all nearby, facilitating quick trips out of the city or to other neighborhoods. While the building doesn't offer on-site parking, there are numerous options for both street parking and garage rentals in the immediate vicinity. Cyclists will find the area accommodating, with bike lanes on many nearby streets and the Lakefront Trail just a short ride away. The building's bike storage facilities make it easy for residents to maintain and securely store their bicycles. For air travel, both of Chicago's major airports are easily accessible. Midway International Airport is about a 20-minute drive, while O'Hare International Airport can be reached in approximately 30 minutes by car or via a direct ride on the Blue Line. This wealth of transportation options underscores Paper Place Lofts' prime location, offering residents the flexibility to explore all that Chicago has to offer with ease and convenience.

Available Condos

Building Details

Recreation

  • Fitness Center
  • Bike Trail

Outdoor Features

  • River Front

Amenities

  • Water Views
  • Coin Laundry
  • Bike Room
  • Community Storage Space
  • Resident Manager or Management On Site
  • 24 Hour Access

Parking

  • 1 Parking Space

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit Required
  • Dogs and Cats Allowed

Condo Association

  • $471 Monthly HOA Fees
  • Monthly HOA Fees Range from $410 - $665
  • Association fees include heat, air conditioning, water, insurance, exercise facilities, exterior maintenance, scavenger, snow removal
  • Jeannie Dorl Association, Phone Number (773) 772-8000
  • Paper Place Lofts Subdivision
  • Property managed by Paper Place Board

Building Design

  • Elevator
  • Fire Sprinkler System
  • Lobby

Unit Features

  • Open Floorplan
  • Laundry Room
  • Washer and Dryer Hookup

Unit Information

Unit
904
Beds
1 Bed
Baths
1 Bath
Sq Ft
1,000
Price
$265,000
Price / Sq Ft
$265 / Sq Ft
List Date
04/16/2025

Unit Size and Value Ranges

Studio Units
Sq Ft Range
None Available
Est. Values
$163,042 - $470,341
1 Bedroom Units
Sq Ft Range
530 - 1,350
Est. Values
$216,709 - $367,066
2 Bedroom Units
Sq Ft Range
1,000 - 1,800
Est. Values
$266,983 - $462,086
3 Bedroom Units
Sq Ft Range
None Available
Est. Values
$428,638 - $578,031
All Units
Sq Ft Range
530 - 1,800
Est. Values
$163,042 - $578,031

Map

Area Factors

High Crime

Crime Score®

9 / 10

Very Bikeable

Bike Score®

89 / 100

Walker's Paradise

Walk Score®

98 / 100

Rider's Paradise

Transit Score®

100 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

69 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$4.6K - $51K
Range of Taxes in Building
$720 - $7,524
Range of Taxes per Sq Ft
$1.71 - $5.83

Property Tax History

Source: Public Records

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