Off market nov 2024 for $380K

$424,949

Est. refi paymentEst. refi $2,193/mo

•

1,263

sq ft

701 S Wells St #1605, Chicago, IL 60607

About this home

Welcome to 701 S Wells St Unit 1605, a beautifully updated home ready for it's lucky new owner! The unit has been completely refreshed with new floors, giving it a modern feel. The kitchen is a highlight, featuring stainless steel appliances and plenty of space for cooking and entertaining. This home is in a well-maintained building that offers great amenities for its residents. Enjoy the convenience of 24-hour door staff, a fitness center, and a relaxing sundeck. There's also a resident lounge, yoga room, bike room, and private storage, so all your needs are covered. One parking space in heated garage available for $30,000. Located in historic Printers Row, this home is close to everything you need. You'll be near fantastic restaurants, and Millennium Park and the river are just a short walk away. It's the perfect spot to enjoy the best of city living.

CondoProperty Type

2002Year Built

$336Est. Price/Sq.Ft.

1 car garageParking

Seller's agent

Jacob Reiner Redfin Corporation

Bought with Arijana Rakic • Westward 360

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #12161834

Redfin Estimate

$424,949

$45K since sold in November 2024$15K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 16.6% lower than the average sale price ($510K) 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 8, 2026
$694,500
E
2 beds2 baths1,223 sq ft
234 W Polk St #2909, Chicago, IL 60607
SOLD SEP 1, 2026
$780,000
F
2 beds2 baths1,310 sq ft
234 W Polk St #3001, Chicago, IL 60607

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Earn from this home

Sell

$109,689

Est. take-home

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Refinance

Est. cash available

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Rent

$3,965/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

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OPEN SUN, 12PM TO 2PM
$499,000
2 beds2 baths— sq ft
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1201 W Adams St #904, Chicago, IL 60607
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$579,000
2 beds2 baths— sq ft
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1 bed1 bath— sq ft
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See all

Provided by Redfin

Sale history for 701 S Wells St #1605

Date

Event

Price

MRED as Distributed by MLS Grid #12161834

Nov 27, 2024

Sold (MLS) (Closed)

$380,000

$301/sq ft

Nov 26, 2024

Pending

—

Sep 30, 2024

Contingent (Contingent - Continue to Show)

—

Sep 11, 2024

Listed (Active)

$354,900

$281/sq ft

MRED as Distributed by MLS Grid #12140111

Sep 11, 2024

Listing Removed

—

MRED as Distributed by MLS Grid #12127003

Aug 16, 2024

Listing Removed

—

MRED as Distributed by MLS Grid #12103885

Aug 1, 2024

Listing Removed

—

Public Records

Aug 10, 2007

Sold

$362,500

$287/sq ft

MRED as Distributed by MLS Grid #06496188

Jul 14, 2007

Listing Removed

—

Public Records

May 30, 2002

Sold

$327,000

$259/sq ft

Year

Property tax

Land + Additions

Assessment*

2023

$6,208 (+2.9%)

$1,204 + $33,237

$34,441

2022

$6,030 (+2.0%)

$970 + $31,766

$32,736

2021

$5,913 (−2.3%)

$970 + $31,766

$32,736

2020

$6,050 (+1.9%)

$879 + $29,380

$30,259

2019

$5,935 (+1.7%)

$879 + $32,092

$32,971

2018

$5,834 (+13.8%)

$879 + $32,092

$32,971

2017

$5,125 (+3.7%)

$727 + $26,456

$27,183

2016

$4,944 (+9.9%)

$727 + $26,456

$27,183

2015

$4,500 (+17.0%)

$727 + $26,456

$27,183

2014

$3,845 (+2.3%)

$669 + $22,627

$23,296

2013

$3,758 (+0.7%)

$669 + $22,627

$23,296

2012

$3,733 (+2.1%)

$669 + $22,627

$23,296

2011

$3,655 (−10.2%)

$788 + $23,785

$24,573

2010

$4,069 (−1.6%)

$788 + $26,037

$26,825

2009

$4,133 (+0.9%)

$788 + $27,500

$28,288

2008

$4,096 (+0.7%)

$84 + $30,319

$30,403

2007

$4,068

$84 + $30,319

$30,403

Tax history for 701 S Wells St #1605

Year

Property tax

Land + Additions

Assessment*

2023

$6,208 (+2.9%)

$1,204 + $33,237

$34,441

2022

$6,030 (+2.0%)

$970 + $31,766

$32,736

2021

$5,913 (−2.3%)

$970 + $31,766

$32,736

2020

$6,050 (+1.9%)

$879 + $29,380

$30,259

2019

$5,935 (+1.7%)

$879 + $32,092

$32,971

2018

$5,834 (+13.8%)

$879 + $32,092

$32,971

2017

$5,125 (+3.7%)

$727 + $26,456

$27,183

2016

$4,944 (+9.9%)

$727 + $26,456

$27,183

2015

$4,500 (+17.0%)

$727 + $26,456

$27,183

2014

$3,845 (+2.3%)

$669 + $22,627

$23,296

2013

$3,758 (+0.7%)

$669 + $22,627

$23,296

2012

$3,733 (+2.1%)

$669 + $22,627

$23,296

2011

$3,655 (−10.2%)

$788 + $23,785

$24,573

2010

$4,069 (−1.6%)

$788 + $26,037

$26,825

2009

$4,133 (+0.9%)

$788 + $27,500

$28,288

2008

$4,096 (+0.7%)

$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.

1,715

Year built

—

Style

Condo/Co-op

County

Cook County

APN

17164020501057

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 16, 2026.

Property details

Parking

Parking Information
# of Garage Spaces: 1
# of Parking (Total): 1
Parking: Garage
Garage Ownership: Deeded Sold Separately
Garage On-Site: Yes
Garage Type: Attached
Deeded Garage Cost: $30,000

Interior

Bathroom Information
# of Baths (Full): 2

Bedroom Information
# of Bedrooms: 2
# of Bedrooms Possible: 2

Room Information
Room Type: Bedroom 2
Level: Main
Dimensions: 10 x 10

Room Information
Room Type: Bedroom 3

Room Information
Room Type: Bedroom 4

Room Information
Room Type: Dining Room
Level: Main
Dimensions: COMBO

Room Information
Room Type: Family Room

Room Information
Room Type: Kitchen
Level: Main
Dimensions: 15 x 9

Room Information
Room Type: Laundry

Room Information
Room Type: Living Room
Level: Main
Dimensions: 17 x 16

Room Information
Room Type: Master Bedroom
Level: Main
Dimensions: 14 x 11
Bath: Full

Additional Rooms Information
Dining Room: Combined w/ LivRm
Basement Description: None
Laundry Features: In Unit

Interior Features
# of Rooms: 5

Equipment
Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Trash Compactor

Fireplace Information
# of Fireplaces: 1
Fireplace Location: Living Room

Exterior

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

Property Information
Property Type: Attached Single
Property Type: Condo
Ownership: Condo
Property Currently Being Leased: No
Rebuilt (Y/N): No
Rehab (Y/N): Yes
Rehab Year: 2024
Parcel Number: 17164020501057
Additional Parcels Description: 17164020501244

Lot Information
Dimensions: COMMON

Financial

Tax Information
Tax Annual Amount: $7,155
Tax Year: 2023

Financial Information
Finance Code: FHA
Special Service Area: N

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer

Heating & Cooling
Heating: Natural Gas
Cooling: Central Air

Location

Community Information
Pets Allowed (Y/N): Yes
Pets Allowed: Cats OK, Deposit Required, Dogs OK, Number Limit
Max Pet Weight: 999

Homeowners Association Information
Association Fee: $945
Association Fee Frequency: Monthly
Association Fee Includes: Water, Parking, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance
Master Association Fee Frequency: Not Required
Association Amenities: Door Person, Party Room, Sundeck

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

Location Information
Unit Floor Level: 16
Township: South Chicago
Corporate Limits: Chicago
Directions: E/W ON HARRISON TO WELLS SOUTH TO PROPERTY

Public facts

Beds: —
Baths: —
Sq. Ft.: 1,715
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Cook County
APN: 17164020501057

Home facts updated by county records on Sep 16, 2026

Other

Listing Information
Holds Earnest Money: No
Possession: Closing
Some Photos Virtually Staged?: Yes

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

$404,000 – $489,000

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New listings for sale in 60607

OPEN SAT, 12PM TO 2PM

$550,000

2 beds2 baths— sq ft

1040 W Adams St #443, Chicago, IL 60607

$360,000

2 beds2 baths— sq ft

235 W Van Buren St #2816, Chicago, IL 60607

OPEN SUN, 12PM TO 2PM

$499,000

2 beds2 baths— sq ft

949 W Madison St #407, Chicago, IL 60607

OPEN SAT, 12PM TO 2PM

$535,000

2 beds2 baths1,200 sq ft

1201 W Adams St #904, Chicago, IL 60607

OPEN SAT, 12PM TO 2PM

$579,000

2 beds2 baths— sq ft

1000 W Adams St #505, Chicago, IL 60607

$375,000

2 beds2 baths1,000 sq ft

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EARLY ACCESS@PROPERTIES COMING SOON

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5 beds5 baths5,000 sq ft

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OPEN SAT, 10:30AM TO 12PM

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EARLY ACCESSCOLDWELL BANKER COMING SOON

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Home values near 701 S Wells St #1605

Data from public records.

Address	Redfin Estimate
701 South Wells St Apt 2906, Chicago, IL 3 Beds \| 2.5 Baths \| 1652 Sq. Ft.	$601,081
701 South Wells St Apt 1602, Chicago, IL 1 Beds \| 1 Baths \| 930 Sq. Ft.	$292,175

Address	Redfin Estimate
701 South Wells St Apt 1204, Chicago, IL - Beds \| - Baths \| 1200 Sq. Ft.	$395,188
701 South Wells St Apt 2703, Chicago, IL 3 Beds \| 2.5 Baths \| 1689 Sq. Ft.	$617,924

Address	Redfin Estimate
701 South Wells St Apt 2302, Chicago, IL 2 Beds \| 2 Baths \| - Sq. Ft.	$446,733
701 South Wells St Apt 3401, Chicago, IL 3 Beds \| 2.5 Baths \| 4000 Sq. Ft.	$1,655,525

Property information provided by MRED as Distributed by MLS Grid when last listed in 2024. 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 #1605

Tax history for 701 S Wells St #1605

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 #1605

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