OFF MARKET

Off market mar 2022 for $585K

$666,502

•

1,652

sq ft

701 S Wells St #2506, Chicago, IL 60607

About this home

Spectacular corner unit at Wells Street Tower with breathtaking unobstructed city and river views! This 3 BR/2.1 bath home offers abundant natural light from north and west facing floor to ceiling windows. The floorplan of the living/dining and expanded kitchen offers the perfect flow for entertaining. Cozy fireplace for those cool fall days & large balcony to enjoy the outdoors right from your own home. The incredible chef's kitchen was redesigned with a luxurious oversized island, new cabinets and pure white quartz countertops. Incredible primary bedroom: redesigned spa-like bath with heated floors, double bowl vanity with Quartz countertops, large medicine cabinets and an oversized walk-in shower with rain showerhead and body sprays. Owners also added 2 ft of hanging space to the walk-in closet and Elfa organizers. 2nd BR has Elfa closets as well and all BR's have Hunter Douglas blackout shades. Smart Home Ecobee/Alexa ready. 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, 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 included. 2nd space may be purchased for additional $25K. 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

$403Est. Price/Sq.Ft.

2 car garageParking

Listed by Susan Wooten • @properties Christie's International Real Estate

Bought with Dan Mercurio • Compass

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #11228107

Redfin Estimate

$666,502

$82K since sold in March 2022$0 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 2.4% lower than the average sale price ($683K) 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 30, 2026
$1,225,000
E
3 beds2 baths1,517 sq ft
234 W Polk St #3708, Chicago, IL 60607
SOLD AUG 17, 2026
$1,290,000
F
3 beds3 baths1,659 sq ft
234 W Polk St #3801, Chicago, IL 60607

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Earn from this home

Sell

$207,010

Est. take-home

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Rent

$4,342/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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2 beds2 baths— sq ft
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3D WALKTHROUGH
$360,000
2 beds2 baths— sq ft
235 W Van Buren St #2816, Chicago, IL 60607
$499,000
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See all

Provided by Redfin

Sale history for 701 S Wells St #2506

Date

Event

Price

MRED as Distributed by MLS Grid #11228107

Mar 3, 2022

Sold (MLS) (Closed)

$585,000

$354/sq ft

Feb 22, 2022

Pending

—

Feb 14, 2022

Contingent (Contingent - Continue to Show)

—

Jan 21, 2022

Pending (Active Under Contract)

—

Jan 11, 2022

Price Changed

$584,900

$354/sq ft

Sep 23, 2021

Listed (Active)

$599,900

$363/sq ft

MRED as Distributed by MLS Grid #09689778

Nov 30, 2017

Sold (MLS) (Closed Sale)

$575,000

$348/sq ft

Oct 26, 2017

Contingent

—

Sep 8, 2017

Price Changed

$585,000

$354/sq ft

Jul 18, 2017

Listed (New)

$599,000

$363/sq ft

SPECTACULAR corner home w/ breathtaking unobstructed city and river views . This 3 Bed/2.1 Bath home with a split open floorplan features an incredibly large living room with fireplace, hardwood floors throughout and VIEWS to die for! Spacious north facing balcony right off the main living area. Chefs kitchen w/granite counter tops, 42"cherry cabinets , SS appliances and large island w/ breakfast bar. Separate eat-in kitchen. HUGE master suite w/ spa like masterbath which includes a European tub & shower combo, double bowl vanity & walk in closet. Washer/Dryer in unit. Full amenity building with 24 hours doorstaff, gym, sundeck and more. Close proximity to the Loop, Lake, River, CTA, Highway, Shopping and Dining. This unit is not on the Metra train side. New Riverline development coming up right across the street with significantly higher pricing. This is an amazing investment! Check out the new development coming right next door - Riverline Chicago

Year

Property tax

Land + Additions

Assessment*

2023

$9,318 (+11.2%)

$1,624 + $44,838

$46,462

2022

$8,380 (+2.1%)

$1,309 + $42,855

$44,164

2021

$8,211 (−2.3%)

$1,309 + $42,855

$44,164

2020

$8,403 (+1.9%)

$1,186 + $39,635

$40,821

2019

$8,248 (+1.7%)

$1,186 + $43,294

$44,480

2018

$8,108 (+13.1%)

$1,186 + $43,294

$44,480

2017

$7,168 (+4.7%)

$981 + $35,690

$36,671

2016

$6,845 (+9.7%)

$981 + $35,690

$36,671

2015

$6,239 (+16.5%)

$981 + $35,690

$36,671

2014

$5,354 (+2.2%)

$903 + $30,525

$31,428

2013

$5,237 (+0.9%)

$903 + $30,525

$31,428

2012

$5,192 (+2.9%)

$903 + $30,525

$31,428

2011

$5,045 (−9.8%)

$1,063 + $32,088

$33,151

2010

$5,593 (−1.4%)

$1,063 + $35,126

$36,189

2009

$5,673 (+1.0%)

$1,063 + $37,098

$38,161

2008

$5,619 (+0.8%)

$114 + $40,901

$41,015

2007

$5,575

$114 + $40,901

$41,015

Tax history for 701 S Wells St #2506

Year

Property tax

Land + Additions

Assessment*

2023

$9,318 (+11.2%)

$1,624 + $44,838

$46,462

2022

$8,380 (+2.1%)

$1,309 + $42,855

$44,164

2021

$8,211 (−2.3%)

$1,309 + $42,855

$44,164

2020

$8,403 (+1.9%)

$1,186 + $39,635

$40,821

2019

$8,248 (+1.7%)

$1,186 + $43,294

$44,480

2018

$8,108 (+13.1%)

$1,186 + $43,294

$44,480

2017

$7,168 (+4.7%)

$981 + $35,690

$36,671

2016

$6,845 (+9.7%)

$981 + $35,690

$36,671

2015

$6,239 (+16.5%)

$981 + $35,690

$36,671

2014

$5,354 (+2.2%)

$903 + $30,525

$31,428

2013

$5,237 (+0.9%)

$903 + $30,525

$31,428

2012

$5,192 (+2.9%)

$903 + $30,525

$31,428

2011

$5,045 (−9.8%)

$1,063 + $32,088

$33,151

2010

$5,593 (−1.4%)

$1,063 + $35,126

$36,189

2009

$5,673 (+1.0%)

$1,063 + $37,098

$38,161

2008

$5,619 (+0.8%)

$114 + $40,901

$41,015

2007

$5,575

$114 + $40,901

$41,015

*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

2.5

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

1,652

Year built

—

Style

Condo/Co-op

County

Cook County

APN

17164020501120

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
Parking: Garage
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Attached

Interior

Bathroom Information
# of Baths (Full): 2
# of Baths (1/2): 1

Bedroom Information
# of Bedrooms: 3
# of Bedrooms Possible: 3

Additional Rooms Information
Dining Room: Combined w/ LivRm
Basement Description: None

Interior Features
Interior Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
# of Rooms: 6

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

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

Exterior

Exterior Features
Exterior Features: Balcony

Building Information
# Of Units in Building: 170
Living Area Source: Builder
Exterior Building Type: Brick
Age: 16-20 Years
Built Before 1978 (Y/N): No

Property Information
Property Type: Attached Single
Property Type: Condo, High Rise (7+ Stories)
Ownership: Condo
Rebuilt (Y/N): No
Rehab (Y/N): No
Parcel Number: 17164020501120

Lot Information
Dimensions: COMMON

Financial

Tax Information
Tax Annual Amount: $9,159
Tax Year: 2020

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

Location

Community Information
Management: Manager On-site,Monday through Friday
Pets Allowed (Y/N): Yes
Pets Allowed: Cats OK, Dogs OK
Max Pet Weight: 100

Homeowners Association Information
Association Fee: $1,158
Association Fee Frequency: Monthly
Association Fee Includes: Heat, Air Conditioning, Water, Gas, Parking, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
Master Association Fee Frequency: Not Required
Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Receiving Room, Service Elevator(s)

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

Location Information
Unit Floor Level: 29
Subdivision Name: Wells Street Tower
Township: South Chicago
Corporate Limits: Chicago
Directions: E/W ON HARRISON TO WELLS SOUTH TO PROPERTY

Public facts

Beds: —
Baths: 2.5
Sq. Ft.: 1,652
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Cook County
APN: 17164020501120

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

$634,000 – $767,000

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Corner unit • Unobstructed views • Open-concept kitchen

Home values near 701 S Wells St #2506

Data from public records.

Address	Redfin Estimate
701 S Wells Street #1406, Chicago, IL 1 Beds \| 1 Baths \| 825 Sq. Ft.	$277,876
701 S Wells Street #1605, Chicago, IL 2 Beds \| 2 Baths \| 1263 Sq. Ft.	$424,949

Address	Redfin Estimate
701 S Wells Street #1204, Chicago, IL - Beds \| - Baths \| 1200 Sq. Ft.	$395,188
701 S Wells Street #2403, Chicago, IL 3 Beds \| 2.5 Baths \| 1700 Sq. Ft.	$671,044

Address	Redfin Estimate
701 S Wells Street #902, Chicago, IL 1 Beds \| 1 Baths \| 960 Sq. Ft.	$303,652
701 S Wells Street #2203, Chicago, IL - Beds \| 2.5 Baths \| 1689 Sq. Ft.	$644,003

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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About this home

Redfin Estimate

Earn from this home

Market trends in The Loop, IL

Sale history for 701 S Wells St #2506

Tax history for 701 S Wells St #2506

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 #2506

More real estate resources