OFF MARKET

Off market jun 2021 for $372K

$434,168

Est. refi paymentEst. refi $2,404/mo

•

1,300

sq ft

701 S WELLS St #2201, Chicago, IL 60605

About this home

Don't miss out on this spacious, South Loop 2 bedroom, 2 bathroom condo with lake & city views and a balcony! Enjoy a coveted "01" layout with each room in separate corners for privacy (see floor plan in photos). Oak flooring laid throughout the main living spaces and nice carpeting in the bedrooms. A bright, open kitchen with an island feeds into the living room featuring a cozy fireplace, floor-to-ceiling windows and a separate dining area. The primary bedroom's large windows, massive walk-in closet and stackable laundry closet make for the perfect retreat after a long day. The en-suite bathroom with separate shower and whirlpool tub create a spa-like atmosphere. 2 side-by-side, deeded garage parking spots sold separately - only $25K TOTAL for 2 large spots! Within walking distance to the i-294 and I-94 expressways, blue line train, downtown south loop featuring restaurants, shops and grocery stores, the business district and millennium park/lake shore bike path! Property is tenant occupied until 5/2/2021 (Lease ends 5/1/21). All April showings to be conducted Saturday 4/10 from 11am-1pm!

CondoProperty Type

2002Year Built

$334Est. Price/Sq.Ft.

2 car garageParking

Listed by Rafay Qamar • Compass

Bought with Alexandre Stoykov • Compass

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #11019916

Redfin Estimate

$434,168

$62K since sold in June 2021$1,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 24.7% lower than the average sale price ($577K) of 6 comparable homes.

SOLD SEP 18, 2026
$414,900
A
2 beds2 baths1,200 sq ft
701 S Wells St #2005, Chicago, IL 60607
SOLD JUL 28, 2026
$360,000
B
2 beds2 baths1,225 sq ft
701 S Wells St #1804, Chicago, IL 60607
SOLD SEP 1, 2026
$780,000
C
2 beds2 baths1,310 sq ft
234 W Polk St #3001, Chicago, IL 60607
SOLD SEP 8, 2026
$694,500
D
2 beds2 baths1,223 sq ft
234 W Polk St #2909, Chicago, IL 60607
SOLD JUL 10, 2026
$780,000
E
2 beds2 baths1,268 sq ft
234 W Polk St #2902, Chicago, IL 60607
SOLD FEB 19, 2026
$430,000
F
2 beds2 baths1,263 sq ft
701 S Wells St #2801, Chicago, IL 60607

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$145,479

Est. take-home

List your home with Redfin and save $2,171

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$3,819/mo

Redfin rental estimate

List your home for rent

Market trends in The Loop, IL

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

99.7%

0.2% MoM

Median sale price

$430K

$10K MoM

Avg. days on market

66d

7 days MoM

Recently sold homes

290

18 MoM

New listings for sale

LISTED BY REDFIN
$339,900
2 beds2 baths1,066 sq ft
235 W Van Buren St #1807, Chicago, IL 60607
NEW 31 HRS AGO
$1,595,000
4 beds4.5 baths3,300 sq ft
1125 W Monroe St, Chicago, IL 60607
OPEN SAT, 12PM TO 1:30PM
$330,000
1 bed1 bath774 sq ft
1201 W Adams St #510, Chicago, IL 60607
EARLY ACCESS
$410,000
2 beds2 baths1,175 sq ft
417 S Jefferson St #306, Chicago, IL 60607
$24,000
— beds— baths— sq ft
235 W Van Buren St Unit P-555, Chicago, IL 60607
OPEN SAT, 12PM TO 1:30PM
$720,000
2 beds2 baths1,450 sq ft
1000 W Adams St #607, Chicago, IL 60607
EARLY ACCESS
225 S Sangamon St #410, Chicago, IL 60607
$499,900
2 beds2 baths1,000 sq ft
225 S Sangamon St #410, Chicago, IL 60607
OPEN SAT, 11:30AM TO 1PM
$585,000
3 beds3 baths1,574 sq ft
331 S Peoria St #107, Chicago, IL 60607
OPEN SAT, 11AM TO 12:30PM
$549,900
2 beds2 baths— sq ft
1001 W Madison St #413, Chicago, IL 60607
$40,000
— beds— baths— sq ft
701 S Wells St Unit P-165, Chicago, IL 60607
See all

Provided by Redfin

Redfin agents who toured

Nice wide open floor plan with lots of light. Washer and dryer located in the small closet in the master bedroom. Basic finishes in the bathrooms.
14 years ago• May not reflect the current state of the home
Layching Quek
Redfin Premier agent • Senior Agent

Sale history for 701 S WELLS St #2201

Date

Event

Price

Public Records

Jul 15, 2021

Sold

$372,000

$286/sq ft

MRED as Distributed by MLS Grid #11019916

Jun 3, 2021

Sold (MLS) (Closed Sale)

$372,000

$286/sq ft

May 21, 2021

Pending

—

Mar 25, 2021

Listed (New)

$375,000

$288/sq ft

MRED as Distributed by MLS Grid #08166578

Nov 26, 2012

Sold (MLS) (Closed Sale)

$335,000

$258/sq ft

Oct 31, 2012

Contingent

—

Sep 25, 2012

Listed (New)

$375,000

$288/sq ft

Public Records

Feb 26, 2004

Sold

$350,000

$269/sq ft

Year

Property tax

Land + Additions

Assessment*

2023

$7,240 (+2.6%)

$1,262 + $34,840

$36,102

2022

$7,058 (+2.3%)

$1,017 + $33,299

$34,316

2021

$6,901 (−2.3%)

$1,017 + $33,299

$34,316

2020

$7,066 (+1.8%)

$921 + $30,797

$31,718

2019

$6,944 (+1.7%)

$921 + $33,640

$34,561

2018

$6,827 (+11.3%)

$921 + $33,640

$34,561

2017

$6,134 (+7.5%)

$762 + $27,732

$28,494

2016

$5,707 (+9.3%)

$762 + $27,732

$28,494

2015

$5,221 (+15.3%)

$762 + $27,732

$28,494

2014

$4,530 (+2.0%)

$702 + $23,718

$24,420

2013

$4,441 (+1.3%)

$702 + $23,718

$24,420

2012

$4,382 (+5.0%)

$702 + $23,718

$24,420

2011

$4,174 (−8.8%)

$826 + $24,933

$25,759

2010

$4,576 (−1.0%)

$826 + $27,293

$28,119

2009

$4,624 (+1.1%)

$826 + $28,826

$29,652

2008

$4,572 (+1.0%)

$88 + $31,781

$31,869

2007

$4,526

$88 + $31,781

$31,869

Tax history for 701 S WELLS St #2201

Year

Property tax

Land + Additions

Assessment*

2023

$7,240 (+2.6%)

$1,262 + $34,840

$36,102

2022

$7,058 (+2.3%)

$1,017 + $33,299

$34,316

2021

$6,901 (−2.3%)

$1,017 + $33,299

$34,316

2020

$7,066 (+1.8%)

$921 + $30,797

$31,718

2019

$6,944 (+1.7%)

$921 + $33,640

$34,561

2018

$6,827 (+11.3%)

$921 + $33,640

$34,561

2017

$6,134 (+7.5%)

$762 + $27,732

$28,494

2016

$5,707 (+9.3%)

$762 + $27,732

$28,494

2015

$5,221 (+15.3%)

$762 + $27,732

$28,494

2014

$4,530 (+2.0%)

$702 + $23,718

$24,420

2013

$4,441 (+1.3%)

$702 + $23,718

$24,420

2012

$4,382 (+5.0%)

$702 + $23,718

$24,420

2011

$4,174 (−8.8%)

$826 + $24,933

$25,759

2010

$4,576 (−1.0%)

$826 + $27,293

$28,119

2009

$4,624 (+1.1%)

$826 + $28,826

$29,652

2008

$4,572 (+1.0%)

$88 + $31,781

$31,869

2007

$4,526

$88 + $31,781

$31,869

*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

17164020501097

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 16, 2026.

Property details

Parking

Parking Information
# of Cars: 2
# of Garage Spaces: 2
Garage Parking
Garage Door Opener(s)
Attached Garage
Garage On-Site
Deeded Garage Sold Separately
Deeded Garage Cost: $25,000

Interior

Virtual Tour
Additional Media Type 1: Virtual Tour

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

Master Bedroom Information
Size: 13X14
On Main Level
Window Shades

Bedroom #2 Information
Size: 11X12
On Main Level
Window Shades

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

Living Room Information
Size: 24X14
On Main Level
Window Shades

Dining Room Information
Combined with Family Room
Size: 9X7
On Main Level
Window Shades

Kitchen Information
Size: 14X9
On Main Level
Window Shades

Equipment
Oven/Range, Refrigerator, Washer, Dryer, Disposal

Fireplace Information
# of Fireplaces: 1
In Living Room
Gas Logs, Gas Starter

Interior Features
Hardwood Flooring

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

Exterior

Building Information
# of Units: 170
Sq. Ft. Source: Estimated
Age: 16-20 Years
Brick Exterior
Concrete Foundation

Property Features
For Investors, Can Owner Rent Unit? (Y/N): Yes

Lot Information
Dimensions: COMMON

Property Information
# of Rooms: 5
Ownership: Condo
Aprox. Total Finished Sq. Ft.: 0
Total Finished/Unfinshed Sq Ft: 0
Rural (Y/N): N
Parcel Identification Number: 17164020501097
Multiple PINs

Financial

Financial Information
Tax: $8,454.16
Tax Year: 2019
Special Service Area: N
Finance Code: Cash

Utilities

Utility Information
Water: Lake Michigan
Septic (Mechanical)

Location

Community Information
Manager On-Site
Pets Allowed
Cats OK, Dogs OK
Max Pet Weight: 999
% Owner Occupied: 90

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

Homeowners Association Information
Assessments/Association Dues: $830
Frequency: Monthly
Assessment Includes: Heat, Air Conditioning, Water, Gas, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet Access

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

Location Information
Subdivision: Wells Street Tower
Township: South Chicago
Corporate Limits: Chicago
Directions: HARRISON TO WELLS, SOUTH TO PROPERTY

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Cook County
APN: 17164020501097

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

4 for sale

701 S Wells St Chicago, IL, 60607

See photos & sale trends

Photo via 701 S Wells St #1605

Units for sale


804	$399,999	2 beds	2 baths	1200 sq ft
2605	$400,000	2 beds	2 baths	1200 sq ft
3306	$480,000	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 • 60605

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

$413,000 – $500,000

Reach more buyers when you sell with Redfin. Save up to $4,342 in fees. 3 minutes to get started.

Need the cash from your home fast? Sell to .

Nearby similar homes

$40,000

— beds— baths— sq ft

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

$840,000

2 beds2 baths1,323 sq ft

234 W Polk St #3906, Chicago, IL 60607

OPEN SUN, 11AM TO 1PMVIDEO TOUR

$625,000

2 beds2 baths1,159 sq ft

234 W Polk St #3205, Chicago, IL 60607

$200,000

1 bed1 bath— sq ft

780 S Federal St #906, Chicago, IL 60605

VIDEO TOUR

$1,270,000

3 beds2 baths1,517 sq ft

234 W Polk St #3908, Chicago, IL 60607

$399,900

1 bed1 bath625 sq ft

234 W Polk St #3711, Chicago, IL 60607

New listings for sale in 60607

LISTED BY REDFIN3D WALKTHROUGH

$339,900

2 beds2 baths1,066 sq ft

235 W Van Buren St #1807, Chicago, IL 60607

NEW 31 HRS AGO

$1,595,000

4 beds4.5 baths3,300 sq ft

1125 W Monroe St, Chicago, IL 60607

OPEN SAT, 12PM TO 1:30PM

$330,000

1 bed1 bath774 sq ft

1201 W Adams St #510, Chicago, IL 60607

EARLY ACCESSCOMPASS COMING SOON

$410,000

2 beds2 baths1,175 sq ft

417 S Jefferson St #306, Chicago, IL 60607

$24,000

— beds— baths— sq ft

235 W Van Buren St Unit P-555, Chicago, IL 60607

OPEN SAT, 12PM TO 1:30PM

$720,000

2 beds2 baths1,450 sq ft

1000 W Adams St #607, Chicago, IL 60607

EARLY ACCESSCOLDWELL BANKER COMING SOON

$499,900

2 beds2 baths1,000 sq ft

225 S Sangamon St #410, Chicago, IL 60607

OPEN SAT, 11:30AM TO 1PM

$585,000

3 beds3 baths1,574 sq ft

331 S Peoria St #107, Chicago, IL 60607

OPEN SAT, 11AM TO 12:30PM

$549,900

2 beds2 baths— sq ft

1001 W Madison St #413, Chicago, IL 60607

Home values near 701 S WELLS St #2201

Data from public records.

Address	Redfin Estimate
701 South Wells St Apartment 2403, Chicago, IL 3 Beds \| 2.5 Baths \| 1700 Sq. Ft.	$670,558
701 South Wells St Apartment 3006, Chicago, IL 3 Beds \| 2 Baths \| 1652 Sq. Ft.	$635,268

Address	Redfin Estimate
701 South Wells St Apartment 2801, Chicago, IL 2 Beds \| 2 Baths \| 1263 Sq. Ft.	$488,392
701 South Wells St Apartment 1101, Chicago, IL 2 Beds \| 2 Baths \| 1300 Sq. Ft.	$430,134

Address	Redfin Estimate
701 South Wells St Apartment 1207, Chicago, IL 1 Beds \| 1 Baths \| - Sq. Ft.	$260,378
701 South Wells St Apartment 1502, Chicago, IL 1 Beds \| 1 Baths \| 930 Sq. Ft.	$283,143

Property information provided by MRED as Distributed by MLS Grid when last listed in 2021. This data may not match . Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

60634 homes for sale
60657 homes for sale
60638 homes for sale
60614 homes for sale
60631 homes for sale

Central Chicago homes for sale
The Loop homes for sale
Downtown Chicago homes for sale
South Loop homes for sale

Houses for rent in Chicago	Agents near me	Glenview, IL homes for sale	Chicago Housing Market
Houses for sale near me	Chicago, IL homes for sale	Evanston, IL homes for sale
Land for sale near me	Naperville, IL homes for sale	Oak Park, IL homes for sale
Open Houses near me	Schaumburg, IL homes for sale	Chicago Property Records
Condos for sale near me	Arlington Heights, IL homes for sale	IL New Listings

Arlington Heights homes for sale
Glenview homes for sale
Naperville homes for sale

About this home

Redfin Estimate

Earn from this home

Market trends in The Loop, IL

Redfin agents who toured

Sale history for 701 S WELLS St #2201

Tax history for 701 S WELLS St #2201

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 #2201

More real estate resources