OFF MARKET

Off market may 2022 for $391K

$457,046

Est. refi paymentEst. refi $2,304/mo

•

1,300

sq ft

701 S Wells St #1705, Chicago, IL 60607

About this home

Spectacular corner unit at Wells Street Tower with breathtaking views! This split floorplan 2 bed 2 bath home offers abundant natural light from south and west facing floor to ceiling windows. The open concept floorplan offers ample dining space with a gracious living room. The kitchen offers white cabinetry with stainless appliances and island seating. Cozy fireplace for those cool fall days & large balcony to enjoy the outdoors right from your own home. The Primary bedroom is spacious and bright with a walk in closet. Luxurious primary bath with tub and shower. Guest Bedroom offers beautiful south views with ample closet space. Guest bath with stand up shower. . In-unit side by side washer/dryer. HOA dues cover: Heat, AC, Gas, Cable, Internet/Wi-Fi, Water and the following amenities: 24 hour doorstaff, updated fitness room, resident lounge, yoga studio, party room, bike storage and sundeck. Great South Loop location offers access to everything you need. Dog friendly building with no pet weight limit. One garage space additional $29k. Southbank Park located across the street from the building which will be a public garden is now under construction-soon to be ready in 2022!

CondoProperty Type

2002Year Built

$352Est. Price/Sq.Ft.

1 car garageParking

Listed by Matthew Liss • Mark Allen Realty, LLC

Bought with Blazena Bilic • Mark Allen Realty, LLC

Redfin checked: 3 minutes ago

•Source:MRED as Distributed by MLS Grid #11326263

Redfin Estimate

$457,046

$66K since sold in May 2022$29K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 10.4% 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 1, 2026
$780,000
E
2 beds2 baths1,310 sq ft
234 W Polk St #3001, Chicago, IL 60607
SOLD SEP 8, 2026
$694,500
F
2 beds2 baths1,223 sq ft
234 W Polk St #2909, Chicago, IL 60607

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Earn from this home

Sell

$148,293

Est. take-home

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Refinance

Est. cash available

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Rent

$3,744/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
949 W Madison St #407, Chicago, IL 60607
$535,000
2 beds2 baths1,200 sq ft
1201 W Adams St #904, Chicago, IL 60607
$579,000
2 beds2 baths— sq ft
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$375,000
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235 W Van Buren St #2314, Chicago, IL 60607
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5 beds5 baths5,000 sq ft
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See all

Provided by Redfin

Sale history for 701 S Wells St #1705

Year

Property tax

Land + Additions

Assessment*

2023

$6,961 (+14.4%)

$1,213 + $33,498

$34,711

2022

$6,083 (+2.0%)

$978 + $32,016

$32,994

2021

$5,965 (−12.2%)

$978 + $32,016

$32,994

2020

$6,794 (+1.8%)

$886 + $29,611

$30,497

2019

$6,676 (+1.7%)

$886 + $32,344

$33,230

2018

$6,564 (+11.3%)

$886 + $32,344

$33,230

2017

$5,898 (+7.5%)

$733 + $26,663

$27,396

2016

$5,487 (+9.3%)

$733 + $26,663

$27,396

2015

$5,020 (+29.4%)

$733 + $26,663

$27,396

2014

$3,879 (+2.3%)

$675 + $22,805

$23,480

2013

$3,792 (+0.7%)

$675 + $22,805

$23,480

2012

$3,766 (+2.2%)

$675 + $22,805

$23,480

2011

$3,686 (−10.2%)

$794 + $23,972

$24,766

2010

$4,104 (−1.5%)

$794 + $26,242

$27,036

2009

$4,168 (+0.9%)

$794 + $27,716

$28,510

2008

$4,131 (+0.7%)

$85 + $30,557

$30,642

2007

$4,102

$85 + $30,557

$30,642

Tax history for 701 S Wells St #1705

Year

Property tax

Land + Additions

Assessment*

2023

$6,961 (+14.4%)

$1,213 + $33,498

$34,711

2022

$6,083 (+2.0%)

$978 + $32,016

$32,994

2021

$5,965 (−12.2%)

$978 + $32,016

$32,994

2020

$6,794 (+1.8%)

$886 + $29,611

$30,497

2019

$6,676 (+1.7%)

$886 + $32,344

$33,230

2018

$6,564 (+11.3%)

$886 + $32,344

$33,230

2017

$5,898 (+7.5%)

$733 + $26,663

$27,396

2016

$5,487 (+9.3%)

$733 + $26,663

$27,396

2015

$5,020 (+29.4%)

$733 + $26,663

$27,396

2014

$3,879 (+2.3%)

$675 + $22,805

$23,480

2013

$3,792 (+0.7%)

$675 + $22,805

$23,480

2012

$3,766 (+2.2%)

$675 + $22,805

$23,480

2011

$3,686 (−10.2%)

$794 + $23,972

$24,766

2010

$4,104 (−1.5%)

$794 + $26,242

$27,036

2009

$4,168 (+0.9%)

$794 + $27,716

$28,510

2008

$4,131 (+0.7%)

$85 + $30,557

$30,642

2007

$4,102

$85 + $30,557

$30,642

*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.

1,300

Year built

—

Style

Condo/Co-op

County

Cook County

APN

17164020501065

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),Heated
Deeded Garage Cost: $29,000

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: 12 x 11

Room Information
Room Type: Dining Room
Level: Main
Dimensions: 9 x 7

Room Information
Room Type: Kitchen
Level: Main
Dimensions: 14 x 10

Room Information
Room Type: Living Room
Level: Main
Dimensions: 24 x 14

Room Information
Room Type: Master Bedroom
Level: Main
Dimensions: 14 x 13
Bath: Full

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

Interior Features
Interior Features: Hardwood Floors, Laundry Hook-Up in Unit, Open Floorplan
# of Rooms: 5

Equipment
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
TV-Cable

Exterior

Exterior Features
Exterior Features: Deck, Storms/Screens, Cable Access

Building Information
# Of Units in Building: 170
Living Area Source: Landlord/Tenant/Seller
Exterior Building Type: Glass,Concrete
Age: 16-20 Years
Built Before 1978 (Y/N): No

Property Information
Property Type: Attached Single
Property Type: Condo
Ownership: Condo
Rebuilt (Y/N): No
Rehab (Y/N): Yes
Rehab Year: 2020
Parcel Number: 17164020501065

Lot Information
Dimensions: COMMON

Financial

Tax Information
Tax Annual Amount: $6,727.58
Tax Year: 2020
Tax Exemptions: Homeowner

Financial Information
Finance Code: Conventional
Special Service Area: N

Utilities

Utility Information
Water Source: Lake Michigan
Sewer: Public Sewer

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

Location

Community Information
Pets Allowed (Y/N): Yes
Pets Allowed: Cats OK, Dogs OK
Max Pet Weight: 99

Homeowners Association Information
Association Fee: $798
Association Fee Frequency: Monthly
Association Fee Includes: Heat, Air Conditioning, Water, Gas, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
Master Association Fee Frequency: Not Required

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

Location Information
Unit Floor Level: 17
Subdivision Name: Wells Street Tower
Township: South Chicago
Corporate Limits: Chicago
Directions: South of Congress, on Wells.

Public facts

Beds: —
Baths: —
Sq. Ft.: 1,300
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Cook County
APN: 17164020501065

Home facts updated by county records on Sep 16, 2026

Other

Listing Information
Holds Earnest Money: No
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

$435,000 – $526,000

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Nearby similar homes

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New listings for sale in 60607

NEW 2 HRS AGO

$1,099,000

9 beds4 baths— sq ft

708 S Ada St, Chicago, IL 60607

OPEN SUN 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

$535,000

2 beds2 baths1,200 sq ft

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@PROPERTIES COMING SOON

$1,950,000

5 beds5 baths5,000 sq ft

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OPEN SUN, 1PM TO 3PM

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Home values near 701 S Wells St #1705

Data from public records.

Address	Redfin Estimate
701 S Wells Street Unit 3301, Chicago, IL 2 Beds \| 2 Baths \| 1300 Sq. Ft.	$427,901
701 S Wells Street Unit 1006, Chicago, IL 1 Beds \| 1 Baths \| - Sq. Ft.	$287,955

Address	Redfin Estimate
701 S Wells Street Unit 3102, Chicago, IL 2 Beds \| 2 Baths \| - Sq. Ft.	$426,230
701 S Wells Street Unit 2902, Chicago, IL 2 Beds \| 2 Baths \| 1215 Sq. Ft.	$391,109

Address	Redfin Estimate
701 S Wells Street Unit 1003, Chicago, IL - Beds \| 1 Baths \| 787 Sq. Ft.	$222,062
701 S Wells Street Unit 2404, Chicago, IL 2 Beds \| 2 Baths \| 1263 Sq. Ft.	$438,702

Property information provided by MRED as Distributed by MLS Grid when last listed in 2022. This data may not match . Learn more.

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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 #1705

Tax history for 701 S Wells St #1705

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 #1705

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