Off market nov 2019 for $303K

$331,667

Est. refi paymentEst. refi $2,050/mo

•

2 ba

•

—

sq ft

701 S Wells St #1408, Chicago, IL 60607

About this home

Live in the heart of it all in this beautiful Northwest corner residence at 701 Wells. Incredible walking access access to Loop, South Loop, West Loop and All expressways and trains for a perfect walking or commuter lifestyle. Easy walk to Roosevelt Collection Retail, including ICON Theater, Whole Foods and Target. The spacious, split bedroom layout's large, light filled living space features views of the Loop from the balcony. The condo features a large master suite with full bath, in unit laundry, and hardwood floors. Doorman building, with fitness center and business center. Lots of high end new development underway next door. Don't miss out on this great value. Short sale, subject to lender approval.

CondoProperty Type

2002Year Built

Listed by Wayne Beals • Beals & Associates LTD

Bought with David Heck • Redfin Corporation

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #10459840

Redfin Estimate

$331,667

$28K since sold in November 2019$14K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 19.3% lower than the average sale price ($411K) of 6 comparable homes.

SOLD OCT 19, 2026
$427,000
A
2 beds2 baths1,200 sq ft
701 S Wells St #2605, Chicago, IL 60607
SOLD OCT 9, 2026
$382,500
B
2 beds2 baths1,200 sq ft
701 S Wells St #804, Chicago, IL 60607
SOLD SEP 18, 2026
$414,900
C
2 beds2 baths1,200 sq ft
701 S Wells St #2005, Chicago, IL 60607
SOLD JUL 28, 2026
$360,000
D
2 beds2 baths1,225 sq ft
701 S Wells St #1804, Chicago, IL 60607
SOLD SEP 4, 2026
$490,000
E
2 beds2 baths— sq ft
611 S Wells St #2709, Chicago, IL 60607
SOLD MAY 22, 2026
$392,500
F
2 beds2 baths— sq ft
701 S Wells St #2302, Chicago, IL 60607

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Earn from this home

Sell

$105,744

Est. take-home

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Refinance

Est. cash available

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Rent

$3,665/mo

Redfin rental estimate

List your home for rent

Market trends in The Loop, IL

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

99.6%

0.2% MoM

Median sale price

$425K

$5K MoM

Avg. days on market

71d

5 days MoM

Recently sold homes

271

12 MoM

New listings for sale

NEW 1 DAY AGO
$365,000
2 beds2 baths1,133 sq ft
611 S Wells St #1905, Chicago, IL 60607
EARLY ACCESS
$529,000
2 beds1.5 baths1,050 sq ft
1500 W Monroe St #424, Chicago, IL 60607
$279,999
1 bed1 bath— sq ft
6 S Laflin St #819, Chicago, IL 60607
OPEN SUN, 11AM TO 1PM
$725,000
2 beds2 baths1,500 sq ft
955 W Monroe St Unit 3B, Chicago, IL 60607
OPEN NOV 7, 10AM TO 12PM
$749,000
3 beds3 baths— sq ft
1003 S Racine Ave, Chicago, IL 60607
$279,000
1 bed1 bath920 sq ft
6 S Laflin St #617, Chicago, IL 60607
$1,265,000
3 beds3 baths— sq ft
24 N Ada St Unit D, Chicago, IL 60607
$399,900
1 bed1 bath900 sq ft
125 S Green St Unit 805A, Chicago, IL 60607
$429,000
3 beds1.5 baths1,340 sq ft
841 S Racine Ave Unit C, Chicago, IL 60607
$1,099,000
9 beds4 baths— sq ft
708 S Ada St, Chicago, IL 60607
See all

Provided by Redfin

Sale history for 701 S Wells St #1408

Date

Event

Price

Public Records

Nov 4, 2019

Sold

$304,000

MRED as Distributed by MLS Grid #10459840

Nov 1, 2019

Sold (MLS) (Closed Sale)

$303,600

Sep 27, 2019

Pending

—

Aug 2, 2019

Contingent

—

Jul 22, 2019

Listed (New)

$299,000

MRED as Distributed by MLS Grid #10016013

Nov 7, 2019

Relisted (Back On Market)

—

Nov 1, 2019

Sold (MLS) (Closed Sale)

$303,600

Oct 15, 2018

Contingent

—

Oct 15, 2018

Listing Removed

—

Sep 18, 2018

Price Changed

$314,000

Sep 5, 2018

Price Changed

$319,000

Aug 16, 2018

Relisted (Reactivated)

—

Aug 4, 2018

Contingent

—

Jul 11, 2018

Listed (New)

$339,000

Public Records

Sep 13, 2005

Sold

$372,000

Public Records

Sep 13, 2004

Sold

$370,000

Year

Property tax

Land + Additions

Assessment*

2023

$5,676 (+3.0%)

$1,111 + $30,677

$31,788

2022

$5,511 (+1.9%)

$895 + $29,320

$30,215

2021

$5,406 (−2.2%)

$895 + $29,320

$30,215

2020

$5,530 (−9.5%)

$811 + $27,117

$27,928

2019

$6,114 (+1.7%)

$811 + $29,620

$30,431

2018

$6,011 (+11.3%)

$811 + $29,620

$30,431

2017

$5,401 (+7.5%)

$671 + $24,418

$25,089

2016

$5,025 (+9.3%)

$671 + $24,418

$25,089

2015

$4,597 (+15.2%)

$671 + $24,418

$25,089

2014

$3,989 (+2.0%)

$618 + $20,884

$21,502

2013

$3,910 (+1.3%)

$618 + $20,884

$21,502

2012

$3,858 (+5.0%)

$618 + $20,884

$21,502

2011

$3,675 (−8.8%)

$727 + $21,953

$22,680

2010

$4,029 (−1.0%)

$727 + $24,032

$24,759

2009

$4,071 (+1.1%)

$727 + $25,381

$26,108

2008

$4,025 (+1.0%)

$78 + $27,983

$28,061

2007

$3,985

$78 + $27,983

$28,061

Tax history for 701 S Wells St #1408

Year

Property tax

Land + Additions

Assessment*

2023

$5,676 (+3.0%)

$1,111 + $30,677

$31,788

2022

$5,511 (+1.9%)

$895 + $29,320

$30,215

2021

$5,406 (−2.2%)

$895 + $29,320

$30,215

2020

$5,530 (−9.5%)

$811 + $27,117

$27,928

2019

$6,114 (+1.7%)

$811 + $29,620

$30,431

2018

$6,011 (+11.3%)

$811 + $29,620

$30,431

2017

$5,401 (+7.5%)

$671 + $24,418

$25,089

2016

$5,025 (+9.3%)

$671 + $24,418

$25,089

2015

$4,597 (+15.2%)

$671 + $24,418

$25,089

2014

$3,989 (+2.0%)

$618 + $20,884

$21,502

2013

$3,910 (+1.3%)

$618 + $20,884

$21,502

2012

$3,858 (+5.0%)

$618 + $20,884

$21,502

2011

$3,675 (−8.8%)

$727 + $21,953

$22,680

2010

$4,029 (−1.0%)

$727 + $24,032

$24,759

2009

$4,071 (+1.1%)

$727 + $25,381

$26,108

2008

$4,025 (+1.0%)

$78 + $27,983

$28,061

2007

$3,985

$78 + $27,983

$28,061

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Condo/Co-op

County

Cook County

APN

17164020501044

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 16, 2026.

Property details

Interior

Bedroom Information
# of Bedrooms: 2
# of Bedrooms (Above Grade): 2

Master Bedroom Information
Size: 12X16
On Main Level
Carpet Flooring

Bedroom #2 Information
Size: 12X15
On Main Level
Carpet Flooring

Bathroom Information
# of Baths (Full): 2
Master Bath
Double Sink

Living Room Information
Size: 19X18
On Main Level
Hardwood Flooring

Kitchen Information
Size: 9X21
On Main Level
Hardwood Flooring

Heating & Cooling
Gas Heating
Central Air Conditioning

Exterior

Building Information
# of Units: 170
Sq. Ft. Source: Not Reported
Age: 16-20 Years
Concrete Exterior, Clad Trim

Property Features
For Investors, Can Owner Rent Unit? (Y/N): No

Lot Information
Dimensions: COMMON

Property Information
# of Rooms: 4
Ownership: Condo
Aprox. Total Finished Sq. Ft.: 0
Commuter Bus, Commuter Train, Interstate Access
Parcel Identification Number: 17164020501044

Financial

Financial Information
Tax: $6,011.17
Tax Year: 2018
Special Service Area: N
Finance Code: Conventional

Utilities

Utility Information
Water: Lake Michigan, Public
Sewer (Public)
200+ Amp Service

Location

Community Information
Manager On-Site, Management Monday through Friday
Pets Allowed
Cats OK, Pet Deposit Required, Dogs OK
Max Pet Weight: 999

Multi-Family Information
Bike Room/Bike Trails, Door Person, Elevator, Exercise Room, Storage, On-Site Manager/Engineer, Party Room

Homeowners Association Information
Assessments/Association Dues: $686
Frequency: Monthly
Assessment Includes: Includes Heat, Includes Water, Includes Gas, Includes Common Insurance, Includes Doorman, Includes TV/Cable, Includes Exercise Facilities, Includes Exterior Maintenance, Includes Lawn Care, Includes Scavenger

School Information
Elementary School District: 299
Junior High District: 299
High School District: 299

Location Information
Township: South Chicago
Corporate Limits: Chicago
Directions: West on Harrison OR Polk to Wells to 701 on the East Side of the Street - Flashing Zone in Front

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Cook County
APN: 17164020501044

Home facts updated by county records on Sep 16, 2026

Other

Listing Information
Sale Price Does Not Include Parking
Short Sale
Possession: Closing
Holds Earnest Money: Yes
Sale Terms: Conventional
Short Sale
Seller Concessions: No

About this building

2 for sale

701 S Wells St Chicago, IL, 60607

See photos & sale trends

Photo via 701 S Wells St #1605

Units for sale


3306	$465,000	2 beds	2.5 baths	1324 sq ft
2803	$650,000	3 beds	2.5 baths	1720 sq ft

Around this home

Schools

South Loop Elementary School

Public PreK-8 • Assigned • 1.0mi

8/10

Phillips Academy High School

Public 9-12 • Assigned • 3.5mi

1/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 100° expected this year, 14 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Chicago, IL • 60607

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.3 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

10.3 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$316,000 – $382,000

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Nearby similar homes

$40,000

— beds— baths— sq ft

701 S Wells St Unit P-165, Chicago, IL 60607

Parking • Built 2002 • Listed 33 days

VIDEO TOUR

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Outdoor terrace • Media room • $741 HOA

$200,000

1 bed1 bath— sq ft

780 S Federal St #906, Chicago, IL 60605

High floor • Hardwood floors • Open kitchen

$795,000

2 beds2 baths1,470 sq ft

234 W Polk St #2406, Chicago, IL 60607

Outdoor terrace • Media room • Co-working spaces

New listings for sale in 60607

NEW 1 DAY AGO

$365,000

2 beds2 baths1,133 sq ft

611 S Wells St #1905, Chicago, IL 60607

Sweeping city views • Open layout • Granite countertops

EARLY ACCESS@PROPERTIES COMING SOON

$529,000

2 beds1.5 baths1,050 sq ft

1500 W Monroe St #424, Chicago, IL 60607

Quartz topped island • Elevated finishes • $650 HOA

$279,999

1 bed1 bath— sq ft

6 S Laflin St #819, Chicago, IL 60607

Gas fireplace • Private balcony • Granite counters

OPEN SUN, 11AM TO 1PM

$725,000

2 beds2 baths1,500 sq ft

955 W Monroe St Unit 3B, Chicago, IL 60607

Double vanity • Separate shower • Soaking tub

OPEN NOV 7, 10AM TO 12PM

$749,000

3 beds3 baths— sq ft

1003 S Racine Ave, Chicago, IL 60607

Cta blue line access • Turnkey investment • 1,742 sq ft lot

$279,000

1 bed1 bath920 sq ft

6 S Laflin St #617, Chicago, IL 60607

Open concept • Hardwood floors • Private balcony

$1,265,000

3 beds3 baths— sq ft

24 N Ada St Unit D, Chicago, IL 60607

Completely renovated • Open kitchen • Private roof deck

$399,900

1 bed1 bath900 sq ft

125 S Green St Unit 805A, Chicago, IL 60607

New smart microwave • New smart range • Resurfaced cabinetry

$429,000

3 beds1.5 baths1,340 sq ft

841 S Racine Ave Unit C, Chicago, IL 60607

Full basement • Finished attic • Multiple skylight

Home values near 701 S Wells St #1408

Data from public records.

Address	Redfin Estimate
701 South Wells St Apartment 2403, Chicago, IL 3 Beds \| 2.5 Baths \| 1700 Sq. Ft.	$671,044
701 South Wells St Apartment 3006, Chicago, IL 3 Beds \| 2 Baths \| 1652 Sq. Ft.	$630,303

Address	Redfin Estimate
701 South Wells St Apartment 2203, Chicago, IL - Beds \| 2.5 Baths \| 1689 Sq. Ft.	$644,003
701 South Wells St Apartment 2601, Chicago, IL 2 Beds \| 2 Baths \| 1263 Sq. Ft.	$502,840

Address	Redfin Estimate
701 South Wells St Apartment 2902, Chicago, IL 2 Beds \| 2 Baths \| 1215 Sq. Ft.	$391,109
701 South Wells St Apartment 1103, Chicago, IL 1 Beds \| 1 Baths \| 787 Sq. Ft.	$268,316

Property information provided by MRED as Distributed by MLS Grid when last listed in 2019. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in The Loop, IL

Sale history for 701 S Wells St #1408

Tax history for 701 S Wells St #1408

Public record

Property details

About this building

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 60607

Home values near 701 S Wells St #1408

More real estate resources