OFF MARKET

Off market jun 2010 for $325K

$403,070

•

2 ba

•

—

sq ft

701 S WELLS St #1601, Chicago, IL 60607

About this home

STUNNING, BEAUTIFULLY UPGRADED NE CORNER UNIT WITH AWESOME VIEWS IN FANTASTIC BLDG IN THE HEART OF THE SOUTH LOOP! FEAT OPEN FLR PLAN W/ GOURMET GRNITE KTCH W/ ISLND & BRKFST BAR; DR OPENING TO LARGE BALCONY; LR W/ FP; LUX MSTR W/ WALK-IN CLOSET, WHIRPL TUB & SEP SHOWR; H/W FLRS; CUSTOM PAINT & IN-UNIT W/ D. BLDG FEAT 24 HR DRMN, FITNESS CTR, BUS CTR, PARTY RM & SUNDCK. ASM INCL HEAT, A/C, CABLE & T1 INTRNET. GAR 35K.

CondoProperty Type

2002Year Built

1 spaceParking

Listed by Ian Schwartz • Coldwell Banker Realty

Bought with Michael Schmidt • Century 21 House of Sales

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #07493871

Redfin Estimate

$403,070

$78K since sold in June 2010$14K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 2.1% lower than the average sale price ($412K) of 6 comparable homes.

SOLD OCT 9, 2026
$382,500
A
2 beds2 baths1,200 sq ft
701 S Wells St #804, Chicago, IL 60607
SOLD SEP 18, 2026
$414,900
B
2 beds2 baths1,200 sq ft
701 S Wells St #2005, Chicago, IL 60607
SOLD JUL 28, 2026
$360,000
C
2 beds2 baths1,225 sq ft
701 S Wells St #1804, Chicago, IL 60607
SOLD SEP 4, 2026
$490,000
D
2 beds2 baths— sq ft
611 S Wells St #2709, Chicago, IL 60607
SOLD MAY 22, 2026
$392,500
E
2 beds2 baths— sq ft
701 S Wells St #2302, Chicago, IL 60607
SOLD JUL 29, 2026
$430,000
F
2 beds2 baths— sq ft
170 W Polk St #1001, Chicago, IL 60605

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Earn from this home

Sell

$227,827

Est. take-home

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Rent

$3,710/mo

Redfin rental estimate

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Market trends in The Loop, IL

Last updated September 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

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See all

Provided by Redfin

Sale history for 701 S WELLS St #1601

Year

Property tax

Land + Additions

Assessment*

2023

$6,907 (+2.6%)

$1,204 + $33,237

$34,441

2022

$6,733 (+2.3%)

$970 + $31,766

$32,736

2021

$6,583 (−2.3%)

$970 + $31,766

$32,736

2020

$6,741 (+1.8%)

$879 + $29,380

$30,259

2019

$6,624 (+1.7%)

$879 + $32,092

$32,971

2018

$6,513 (+11.3%)

$879 + $32,092

$32,971

2017

$5,852 (+7.5%)

$727 + $26,456

$27,183

2016

$5,444 (+9.3%)

$727 + $26,456

$27,183

2015

$4,981 (+15.2%)

$727 + $26,456

$27,183

2014

$4,322 (+2.0%)

$669 + $22,627

$23,296

2013

$4,236 (+1.3%)

$669 + $22,627

$23,296

2012

$4,180 (+5.0%)

$669 + $22,627

$23,296

2011

$3,982 (−2.1%)

$788 + $23,785

$24,573

2010

$4,069 (−7.7%)

$788 + $26,037

$26,825

2009

$4,411 (+1.1%)

$788 + $27,500

$28,288

2008

$4,361 (+7.2%)

$84 + $30,319

$30,403

2007

$4,068

$84 + $30,319

$30,403

Tax history for 701 S WELLS St #1601

Year

Property tax

Land + Additions

Assessment*

2023

$6,907 (+2.6%)

$1,204 + $33,237

$34,441

2022

$6,733 (+2.3%)

$970 + $31,766

$32,736

2021

$6,583 (−2.3%)

$970 + $31,766

$32,736

2020

$6,741 (+1.8%)

$879 + $29,380

$30,259

2019

$6,624 (+1.7%)

$879 + $32,092

$32,971

2018

$6,513 (+11.3%)

$879 + $32,092

$32,971

2017

$5,852 (+7.5%)

$727 + $26,456

$27,183

2016

$5,444 (+9.3%)

$727 + $26,456

$27,183

2015

$4,981 (+15.2%)

$727 + $26,456

$27,183

2014

$4,322 (+2.0%)

$669 + $22,627

$23,296

2013

$4,236 (+1.3%)

$669 + $22,627

$23,296

2012

$4,180 (+5.0%)

$669 + $22,627

$23,296

2011

$3,982 (−2.1%)

$788 + $23,785

$24,573

2010

$4,069 (−7.7%)

$788 + $26,037

$26,825

2009

$4,411 (+1.1%)

$788 + $27,500

$28,288

2008

$4,361 (+7.2%)

$84 + $30,319

$30,403

2007

$4,068

$84 + $30,319

$30,403

*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

17164020501053

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 16, 2026.

Property details

Parking

Parking Information
# of Cars: 1
# of Garage Spaces: 1
Garage Parking
Parking Ownership: Deeded Parking (Sold Separately)
Attached Garage
Deeded Garage Sold Separately

Interior

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

Master Bedroom Information
Size: 14X13
On Main Level
Carpet Flooring
Has Window Treatments

Bedroom #2 Information
Size: 12X11
On Main Level
Carpet Flooring
Has Window Treatments

Bathroom Information
# of Baths (Full): 2
Master Bath
Whirlpool, Separate Shower, Double Sink

Living Room Information
Size: 24X14
On Main Level
Hardwood Flooring

Dining Room Information
Separate Dining Room
Size: 09X07
On Main Level
Hardwood Flooring

Kitchen Information
Size: 14X09
Eating Area (Breakfast Bar), Island
On Main Level
Hardwood Flooring

Additional Rooms Information
Foyer, Gallery

Additional Room #1 Information
Foyer
Size: 07X06
On Main Level
Ceramic/Porcelain Tile Flooring

Equipment
Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Security System, Intercom, Carbon Monoxide Detectors

Fireplace Information
# of Fireplaces: 1
In Living Room

Interior Features
Hardwood Flooring, Laundry Hook-Up in Unit

Heating & Cooling
Gas Heating, Forced Air Heating
Central Air Conditioning

Exterior

Building Information
# of Units: 170
Sq. Ft. Source: Not Reported
Recent Rehab (Y/N): Yes
Age: 6-10 Years
Glass Exterior, Stone Exterior, Concrete Exterior

Property Features
Deck, Storm/Screen Windows

Lot Information
Dimensions: COMMON
River Front, Water View

Property Information
# of Rooms: 5
Ownership: Condo
Parcel Identification Number: 17164020501053

Financial

Financial Information
Tax: $4,734.55
Tax Year: 2008
Finance Code: Conventional

Utilities

Utility Information
Water: Lake Michigan
Sewer (Public)

Location

Community Information
Manager On-Site
Pets Allowed
Cats OK, Dogs OK

Multi-Family Information
Bike Room/Bike Trails, Door Person, Elevator, Exercise Room, Storage, On-Site Manager/Engineer, Party Room, Sundeck, Receiving Room, Service Elevator, Valet/Cleaner

Homeowners Association Information
Assessments/Association Dues: $654
Assessment Includes: Includes Heat, Includes Air Conditioning, Includes Water, Includes Gas, Includes Common Insurance, Includes Security, Includes Doorman, Includes TV/Cable, Includes Exercise Facilities, Includes Exterior Maintenance, Includes Lawn Care, Includes Scavenger, Includes Snow Removal, Includes Other Benefits (See Remarks)

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

Location Information
Township: SOUTH CHICAGO
Corporate Limits: CHICAGO
Directions: HARRISON TO WELLS, SOUTH TO PROPERTY

Public facts

Beds: —
Baths: 2.0
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Cook County
APN: 17164020501053

Home facts updated by county records on Sep 16, 2026

Other

Listing Information
Sale Price Includes Parking
Possession: Closing
Holds Earnest Money: Yes
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

$383,000 – $464,000

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Nearby similar homes

$40,000

— beds— baths— sq ft

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

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1 bed1 bath1,100 sq ft

633 S Plymouth Ct #1208, Chicago, IL 60605

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1 bed1 bath1,250 sq ft

124 W Polk St #504, Chicago, IL 60605

New listings for sale in 60607

NEW

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2 beds2 baths— sq ft

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EARLY ACCESS@PROPERTIES COMING SOON

$1,950,000

5 beds5 baths5,000 sq ft

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OPEN SAT, 10:30AM TO 12PM

$550,000

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EARLY ACCESSCOLDWELL BANKER COMING SOON

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Home values near 701 S WELLS St #1601

Data from public records.

Address	Redfin Estimate
701 South Wells St Apt 1105, Chicago, IL 2 Beds \| 2 Baths \| 1290 Sq. Ft.	$418,589
701 South Wells St Apt 3002, Chicago, IL 2 Beds \| 2 Baths \| 1215 Sq. Ft.	$421,608

Address	Redfin Estimate
701 South Wells St Apt 3301, Chicago, IL 2 Beds \| 2 Baths \| 1300 Sq. Ft.	$421,153
701 South Wells St Apt 2703, Chicago, IL 3 Beds \| 2.5 Baths \| 1689 Sq. Ft.	$608,243

Address	Redfin Estimate
701 South Wells St Apt 1204, Chicago, IL - Beds \| - Baths \| 1200 Sq. Ft.	$391,493
701 South Wells St Apt 1507, Chicago, IL - Beds \| - Baths \| 700 Sq. Ft.	$265,396

Property information provided by MRED as Distributed by MLS Grid when last listed in 2010. 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 #1601

Tax history for 701 S WELLS St #1601

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 #1601

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