OFF MARKET

Off market feb 2022 for $229K

$292,175

Est. refi paymentEst. refi $1,824/mo

•

930

sq ft

701 S Wells St #1602, Chicago, IL 60607

About this home

Beautiful move-in ready 1 bedroom, 1 bath condo in the heart of South Loop! The kitchen is complete with granite countertops, stainless steel appliances, and island! This condo was built for entertaining in the open-concept living/dining space complete with hardwood floors, gas fireplace, and oversized windows that flood the space with natural light! Enjoy some fresh air on your private balcony located off the living room! The master bedroom features a large walk in closet & private master bathroom! The updated bathroom includes separate shower & bathtub. There is on site storage & a in-unit washer/dryer. This unit is one of the larger 1 bedroom units in this building at 930 square feet! Garage parking is 30k extra. HOA assessment includes gas, water, internet, & cable. Amenities include doorman, exercise facilities, sundeck, business lounge, and library. Unbeatable location! Easy access to La Salle "L" stop or Metra stop and short drive to 90-94, 290, and LSD. Walking distance to the River Walk, Grant Park, the loop, shopping, restaurants, nightlife, and everything wonderful South Loop has to offer!

CondoProperty Type

2000Year Built

$314Est. Price/Sq.Ft.

1 car garageParking

Listed by Michael Glenn • Village Realty, Inc.

Bought with Jaime Robles • Better Real Estate, LLC

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #11264564

Redfin Estimate

$292,175

$62K since sold in February 2022$14K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 6.9% lower than the average sale price ($314K) of 5 comparable homes.

SOLD MAY 8, 2026
$292,500
A
1 bed1 bath837 sq ft
701 S Wells St #1506, Chicago, IL 60607
SOLD SEP 21, 2026
$505,000
B
1 bed1 bath935 sq ft
234 W Polk St #2808, Chicago, IL 60607
SOLD MAR 6, 2026
$270,000
C
1 bed1 bath930 sq ft
701 S Wells St #1402, Chicago, IL 60607
SOLD MAR 25, 2026
$246,000
D
1 bed1 bath960 sq ft
701 S Wells St #902, Chicago, IL 60607
SOLD FEB 27, 2026
$255,000
E
1 bed1 bath930 sq ft
701 S Wells St #1102, Chicago, IL 60607

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Earn from this home

Sell

$110,089

Est. take-home

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Refinance

Est. cash available

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Rent

$2,173/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

New listings for sale

NEW 21 HRS AGO
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OPEN TODAY TO 2PM
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2 beds2 baths— sq ft
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OPEN TODAY, 12PM TO 2PM
$499,000
2 beds2 baths— sq ft
949 W Madison St #407, Chicago, IL 60607
$535,000
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1201 W Adams St #904, Chicago, IL 60607
$579,000
2 beds2 baths— sq ft
1000 W Adams St #505, Chicago, IL 60607
$375,000
2 beds2 baths1,000 sq ft
235 W Van Buren St #2314, Chicago, IL 60607
EARLY ACCESS
$1,950,000
5 beds5 baths5,000 sq ft
721 S May St, Chicago, IL 60607
OPEN TODAY, 1PM TO 3PM
$550,000
2 beds2 baths1,700 sq ft
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EARLY ACCESS
$2,150,000
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See all

Provided by Redfin

Sale history for 701 S Wells St #1602

Date

Event

Price

Public Records

Mar 3, 2022

Sold

$230,000

$247/sq ft

MRED as Distributed by MLS Grid #11264564

Feb 11, 2022

Sold (MLS) (Closed)

$229,900

$247/sq ft

Jan 7, 2022

Pending (Active Under Contract)

—

Dec 2, 2021

Listed (Active)

$229,900

$247/sq ft

Public Records

Sep 18, 2008

Sold

$265,000

$285/sq ft

MRED as Distributed by MLS Grid #06791095

Jun 2, 2008

Listing Removed

—

MRED as Distributed by MLS Grid #06712587

Dec 7, 2007

Listing Removed

—

Public Records

Jun 11, 2007

Sold

$282,500

$304/sq ft

MRED as Distributed by MLS Grid #06406567

Mar 28, 2007

Listing Removed

—

Public Records

Aug 21, 2003

Sold

$260,000

$280/sq ft

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Year

Property tax

Land + Additions

Assessment*

2023

$4,753 (+2.6%)

$828 + $22,873

$23,701

2022

$4,634 (+2.3%)

$667 + $21,861

$22,528

2021

$4,530 (−2.3%)

$667 + $21,861

$22,528

2020

$4,639 (+1.8%)

$604 + $20,218

$20,822

2019

$4,558 (+1.7%)

$604 + $22,085

$22,689

2018

$4,482 (+11.3%)

$604 + $22,085

$22,689

2017

$4,027 (+7.5%)

$500 + $18,206

$18,706

2016

$3,747 (+9.3%)

$500 + $18,206

$18,706

2015

$3,427 (+15.2%)

$500 + $18,206

$18,706

2014

$2,974 (+2.0%)

$461 + $15,571

$16,032

2013

$2,915 (+1.3%)

$461 + $15,571

$16,032

2012

$2,877 (+5.0%)

$461 + $15,571

$16,032

2011

$2,740 (−8.8%)

$542 + $16,368

$16,910

2010

$3,004 (−1.0%)

$542 + $17,918

$18,460

2009

$3,035 (+1.1%)

$542 + $18,924

$19,466

2008

$3,001 (+1.0%)

$58 + $20,864

$20,922

2007

$2,971

$58 + $20,864

$20,922

Tax history for 701 S Wells St #1602

Year

Property tax

Land + Additions

Assessment*

2023

$4,753 (+2.6%)

$828 + $22,873

$23,701

2022

$4,634 (+2.3%)

$667 + $21,861

$22,528

2021

$4,530 (−2.3%)

$667 + $21,861

$22,528

2020

$4,639 (+1.8%)

$604 + $20,218

$20,822

2019

$4,558 (+1.7%)

$604 + $22,085

$22,689

2018

$4,482 (+11.3%)

$604 + $22,085

$22,689

2017

$4,027 (+7.5%)

$500 + $18,206

$18,706

2016

$3,747 (+9.3%)

$500 + $18,206

$18,706

2015

$3,427 (+15.2%)

$500 + $18,206

$18,706

2014

$2,974 (+2.0%)

$461 + $15,571

$16,032

2013

$2,915 (+1.3%)

$461 + $15,571

$16,032

2012

$2,877 (+5.0%)

$461 + $15,571

$16,032

2011

$2,740 (−8.8%)

$542 + $16,368

$16,910

2010

$3,004 (−1.0%)

$542 + $17,918

$18,460

2009

$3,035 (+1.1%)

$542 + $18,924

$19,466

2008

$3,001 (+1.0%)

$58 + $20,864

$20,922

2007

$2,971

$58 + $20,864

$20,922

*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.

930

Year built

—

Style

Condo/Co-op

County

Cook County

APN

17164020501054

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
Parking: Garage
Garage Ownership: Deeded Sold Separately
Garage On-Site: Yes
Garage Type: Attached
Garage Details: Garage Door Opener(s),Transmitter(s)
Deeded Garage Cost: $30,000

Interior

Bathroom Information
# of Baths (Full): 1
Bath Amenities: Separate Shower,European Shower

Bedroom Information
# of Bedrooms: 1
# of Bedrooms Possible: 1

Additional Rooms Information
Dining Room: Kitchen/Dining Combo
Basement Description: None
Laundry Features: In Unit

Interior Features
Interior Features: Hardwood Floors, Walk-In Closet(s), Open Floorplan
# of Rooms: 3

Equipment
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
CO Detectors

Fireplace Information
# of Fireplaces: 1
Fireplace Location: Living Room
Fireplace Features: Gas Log

Exterior

Building Information
# Of Units in Building: 170
Living Area Source: Assessor
Exterior Building Type: Concrete
Age: 21-25 Years
Built Before 1978 (Y/N): No

Property Information
Property Type: Attached Single
Property Type: Condo
% Common Area/Coop/Condo Ownership: 29
Ownership: Condo
Property Currently Being Leased: No
Rebuilt (Y/N): No
Rehab (Y/N): No
General Information: Commuter Bus,Commuter Train
Parcel Number: 17164020501054

Lot Information
Dimensions: COMMON

Financial

Tax Information
Tax Annual Amount: $5,263.41
Tax Year: 2020

Financial Information
Finance Code: Conventional
Special Service Area: N

Utilities

Utility Information
Water Source: Lake Michigan, Public
Sewer: Public Sewer

Heating & Cooling
Heating: Natural Gas, Electric, Forced Air
Cooling: Central Air

Location

Community Information
Management: Manager On-site
Pets Allowed (Y/N): Yes
Pets Allowed: Cats OK, Dogs OK, Number Limit
Max Pet Weight: 999

Homeowners Association Information
Association Fee: $545
Association Fee Frequency: Monthly
Association Fee Includes: Heat, Air Conditioning, Water, Gas, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal, Internet
Master Association Fee Frequency: Not Required
Association Amenities: Bike Room/Bike Trails, Door Person, Commissary, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room

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

Location Information
Unit Floor Level: 16
Subdivision Name: Wells Street Tower
Township: South Chicago
Corporate Limits: Chicago
Directions: Congress to Wells south, 15 min parking in front

Public facts

Beds: —
Baths: 1.0
Sq. Ft.: 930
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Cook County
APN: 17164020501054

Home facts updated by county records on Sep 16, 2026

Other

Listing Information
Holds Earnest Money: Yes
Possession: Closing

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

$278,000 – $337,000

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Home values near 701 S Wells St #1602

Data from public records.

Address	Redfin Estimate
701 South Wells St Apt 2201, Chicago, IL 2 Beds \| 2 Baths \| 1300 Sq. Ft.	$428,208
701 South Wells St Apt 907, Chicago, IL 1 Beds \| 1 Baths \| 700 Sq. Ft.	$270,480

Address	Redfin Estimate
701 South Wells St Apt 1603, Chicago, IL 1 Beds \| 1 Baths \| 787 Sq. Ft.	$261,956
701 South Wells St Apt 2603, Chicago, IL - Beds \| 2.5 Baths \| 1665 Sq. Ft.	$595,993

Address	Redfin Estimate
701 South Wells St Apt P109, Chicago, IL - Beds \| 2 Baths \| 1215 Sq. Ft.	$376,895
701 South Wells St Apt 2205, Chicago, IL 2 Beds \| 2 Baths \| 1200 Sq. Ft.	$419,795

Property information provided by MRED as Distributed by MLS Grid when last listed in 2021. 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 #1602

Tax history for 701 S Wells St #1602

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 #1602

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