Google street view image for 701 S Wells St #2304, Chicago, IL 60607

Off market feb 2005 for $390K

$437,343

Est. refi paymentEst. refi $2,622/mo

—

•

— ba

•

1,263

sq ft

701 S Wells St #2304, Chicago, IL 60607

About this home

701 S Wells St #2304 is a 1,263 square foot condo. - it last sold on February 08, 2005 for $390,000. Based on Redfin's Chicago data, we estimate the home's value is $437,343.

CondoProperty Type

$346Est. Price/Sq.Ft.

1 car garageParking

Source:Public Records

Redfin Estimate

$437,343

$47K since sold in February 2005$1,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 14.2% 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

$290,507

Est. take-home

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Est. cash available

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Rent

$3,726/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 31 HRS AGO
$365,000
2 beds2 baths1,133 sq ft
611 S Wells St #1905, Chicago, IL 60607
EARLY ACCESS
$529,000
2 beds1.5 baths1,050 sq ft
1500 W Monroe St #424, Chicago, IL 60607
$279,999
1 bed1 bath— sq ft
6 S Laflin St #819, Chicago, IL 60607
OPEN SUN, 11AM TO 1PM
$725,000
2 beds2 baths1,500 sq ft
955 W Monroe St Unit 3B, Chicago, IL 60607
OPEN NOV 7, 10AM TO 12PM
$749,000
3 beds3 baths— sq ft
1003 S Racine Ave, Chicago, IL 60607
$279,000
1 bed1 bath920 sq ft
6 S Laflin St #617, Chicago, IL 60607
$1,265,000
3 beds3 baths— sq ft
24 N Ada St Unit D, Chicago, IL 60607
$399,900
1 bed1 bath900 sq ft
125 S Green St Unit 805A, Chicago, IL 60607
$429,000
3 beds1.5 baths1,340 sq ft
841 S Racine Ave Unit C, Chicago, IL 60607
$1,099,000
9 beds4 baths— sq ft
708 S Ada St, Chicago, IL 60607
See all

Provided by Redfin

Sale history for 701 S Wells St #2304

Year

Property tax

Land + Additions

Assessment*

2023

$7,298 (+2.6%)

$1,272 + $35,120

$36,392

2022

$7,115 (+2.3%)

$1,025 + $33,566

$34,591

2021

$6,956 (+8.2%)

$1,025 + $33,566

$34,591

2020

$6,431 (+1.9%)

$928 + $31,044

$31,972

2019

$6,310 (+1.7%)

$928 + $33,910

$34,838

2018

$6,203 (+13.7%)

$928 + $33,910

$34,838

2017

$5,456 (+3.9%)

$768 + $27,954

$28,722

2016

$5,253 (+9.8%)

$768 + $27,954

$28,722

2015

$4,782 (+16.9%)

$768 + $27,954

$28,722

2014

$4,090 (+2.3%)

$707 + $23,909

$24,616

2013

$3,998 (+0.7%)

$707 + $23,909

$24,616

2012

$3,970 (+2.3%)

$707 + $23,909

$24,616

2011

$3,880 (−10.1%)

$832 + $25,133

$25,965

2010

$4,316 (−1.5%)

$832 + $27,512

$28,344

2009

$4,383 (+0.9%)

$832 + $29,057

$29,889

2008

$4,343 (+0.7%)

$89 + $32,036

$32,125

2007

$4,313

$89 + $32,036

$32,125

Tax history for 701 S Wells St #2304

Year

Property tax

Land + Additions

Assessment*

2023

$7,298 (+2.6%)

$1,272 + $35,120

$36,392

2022

$7,115 (+2.3%)

$1,025 + $33,566

$34,591

2021

$6,956 (+8.2%)

$1,025 + $33,566

$34,591

2020

$6,431 (+1.9%)

$928 + $31,044

$31,972

2019

$6,310 (+1.7%)

$928 + $33,910

$34,838

2018

$6,203 (+13.7%)

$928 + $33,910

$34,838

2017

$5,456 (+3.9%)

$768 + $27,954

$28,722

2016

$5,253 (+9.8%)

$768 + $27,954

$28,722

2015

$4,782 (+16.9%)

$768 + $27,954

$28,722

2014

$4,090 (+2.3%)

$707 + $23,909

$24,616

2013

$3,998 (+0.7%)

$707 + $23,909

$24,616

2012

$3,970 (+2.3%)

$707 + $23,909

$24,616

2011

$3,880 (−10.1%)

$832 + $25,133

$25,965

2010

$4,316 (−1.5%)

$832 + $27,512

$28,344

2009

$4,383 (+0.9%)

$832 + $29,057

$29,889

2008

$4,343 (+0.7%)

$89 + $32,036

$32,125

2007

$4,313

$89 + $32,036

$32,125

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Property details

Interior

Heating & Cooling
Air Conditioning Type: Central
Heating Type: Forced Air Gas

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Room Information
# of Rooms: 5

Exterior

Exterior Information
Foundation Type: Slab
Building Style Type: High Rise
Exterior Wall: Stone

Property Information
Subdivision Name: WELLS STREET TOWER CONDO
Living Sq. Ft: 1,263

Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Detached Garage
Garage / Carport Type: Detached

Lot Information
# of Buildings: 1
Land Sq. Ft: 11,335
Acres: 0.2602
County Use Description: RESID CONDOMINIUM

Utility Information
Water Service Type: Public

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: —
Baths: —
Sq. Ft.: 1,263
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Cook County
APN: 17164020501106

Home facts updated by county records on Sep 16, 2026

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

$416,000 – $503,000

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Nearby similar homes

$40,000

— beds— baths— sq ft

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

Parking • Built 2002 • Listed 32 days

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Top floor • $797 HOA • Built 1904

$229,000

1 bed1 bath1,100 sq ft

633 S Plymouth Ct #1208, Chicago, IL 60605

True timber loft • Soaring ceilings • Exposed ductwork

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1 bed1 bath1,250 sq ft

124 W Polk St #504, Chicago, IL 60605

New hvac system • Secured building • Exercise room

VIDEO TOUR

$1,270,000

3 beds2 baths1,517 sq ft

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Outdoor terrace • Media room • $1,060 HOA

$1,300,000

3 beds2.5 baths1,592 sq ft

234 W Polk St #3702, Chicago, IL 60607

Park access • Outdoor terrace • $1,076 HOA

New listings for sale in 60607

NEW 31 HRS AGO

$365,000

2 beds2 baths1,133 sq ft

611 S Wells St #1905, Chicago, IL 60607

Sweeping city views • Open layout • Granite countertops

EARLY ACCESS@PROPERTIES COMING SOON

$529,000

2 beds1.5 baths1,050 sq ft

1500 W Monroe St #424, Chicago, IL 60607

Quartz topped island • Elevated finishes • $650 HOA

$279,999

1 bed1 bath— sq ft

6 S Laflin St #819, Chicago, IL 60607

Gas fireplace • Private balcony • Granite counters

OPEN SUN, 11AM TO 1PM

$725,000

2 beds2 baths1,500 sq ft

955 W Monroe St Unit 3B, Chicago, IL 60607

Double vanity • Separate shower • Soaking tub

OPEN NOV 7, 10AM TO 12PM

$749,000

3 beds3 baths— sq ft

1003 S Racine Ave, Chicago, IL 60607

Cta blue line access • Turnkey investment • 1,742 sq ft lot

$279,000

1 bed1 bath920 sq ft

6 S Laflin St #617, Chicago, IL 60607

Open concept • Hardwood floors • Private balcony

$1,265,000

3 beds3 baths— sq ft

24 N Ada St Unit D, Chicago, IL 60607

Completely renovated • Open kitchen • Private roof deck

$399,900

1 bed1 bath900 sq ft

125 S Green St Unit 805A, Chicago, IL 60607

New smart microwave • New smart range • Resurfaced cabinetry

$429,000

3 beds1.5 baths1,340 sq ft

841 S Racine Ave Unit C, Chicago, IL 60607

Full basement • Finished attic • Multiple skylight

Home values near 701 S Wells St #2304

Data from public records.

Address	Redfin Estimate
701 S Wells Street #3306, Chicago, IL 2 Beds \| 2.5 Baths \| 1324 Sq. Ft.	$465,728
701 S Wells Street #2506, Chicago, IL 3 Beds \| 2.5 Baths \| 1652 Sq. Ft.	$666,502

Address	Redfin Estimate
701 S Wells Street #1102, Chicago, IL 1 Beds \| 1 Baths \| 930 Sq. Ft.	$315,188
701 S Wells Street #1706, Chicago, IL 1 Beds \| 1 Baths \| 837 Sq. Ft.	$291,749

Address	Redfin Estimate
701 S Wells Street #2702, Chicago, IL 2 Beds \| 2 Baths \| 1215 Sq. Ft.	$423,286
701 S Wells Street #2703, Chicago, IL 3 Beds \| 2.5 Baths \| 1689 Sq. Ft.	$617,924

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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 #2304

Tax history for 701 S Wells St #2304

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 #2304

More real estate resources