OFF MARKET

Off market apr 2023 for $425K

$500,460

Est. refi paymentEst. refi $2,916/mo

•

1,263

sq ft

701 S Wells St #2601, Chicago, IL 60607

About this home

Welcome home to 701 S. Wells Unit 2601, a spectacularly chic corner unit in a full amenity building, located in the heart of the South Loop. This 2 bedroom 2 bath unit boasts unobstructed views of the city, lake and river, which can be enjoyed from two window walls and your private balcony. Spacious, elegant, and updated, the condo has an ideal layout with open loft vibes in the main living space, and split/fully enclosed bedrooms. The kitchen features a 2021 $6,000 Samsung stainless steel appliance package, custom backsplash, new stainless sink and touchless faucet. New owner will enjoy hardwood floors in main living area, Hunter Douglas electric blinds, in-unit laundry, and a separate area for your dining room table with gorgeous city views. Assessments include gas for heat and cooking, hot water, Internet, Wi-Fi, Cable/TV and air conditioning! Deeded garage parking spot included in price. Building amenities and lobby were remodeled last year and residents enjoy a stylish party room and terrace, yoga room, full gym, library, bike room, and storage locker, as well as 24/7 front desk service and onsite management/engineer. Walking distance to CTA, Loop, Metra, Lakefront, Marianos, Jewel, Target, Trader Joes, and plenty of dining options. Multi Million dollar Chicago Riverwalk project and park well underway right across the street from your home, all the way down to 18th street!

CondoProperty Type

2002Year Built

$396Est. Price/Sq.Ft.

1 car garageParking

Listed by Jennefer Folsom • @properties Christie's International Real Estate

Bought with Michelle Welch • Compass

Redfin checked: 3 minutes ago

•Source:MRED as Distributed by MLS Grid #11721691

Redfin Estimate

$500,460

$75K since sold in April 2023$16K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 12% lower than the average sale price ($569K) of 6 comparable homes.

SOLD OCT 9, 2026
$382,500
A
2 beds2 baths1,200 sq ft
701 S Wells St #804, Chicago, IL 60607
SOLD SEP 18, 2026
$414,900
B
2 beds2 baths1,200 sq ft
701 S Wells St #2005, Chicago, IL 60607
SOLD JUL 28, 2026
$360,000
C
2 beds2 baths1,225 sq ft
701 S Wells St #1804, 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 SEP 1, 2026
$780,000
E
2 beds2 baths1,310 sq ft
234 W Polk St #3001, Chicago, IL 60607
SOLD JUL 10, 2026
$780,000
F
2 beds2 baths1,268 sq ft
234 W Polk St #2902, Chicago, IL 60607

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Earn from this home

Sell

$157,689

Est. take-home

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Est. cash available

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Rent

$3,761/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

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3 beds2 baths— sq ft
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1 bed1 bath— sq ft
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See all

Provided by Redfin

Redfin agents who toured

Southwest facing with large living area.
11 years ago• May not reflect the current state of the home
Layching Quek
Redfin Premier agent • Senior Agent
Well maintained unit with functional layout.
11 years ago• May not reflect the current state of the home
Niko Voutsinas
Redfin Premier agent

Sale history for 701 S Wells St #2601

Date

Event

Price

MRED as Distributed by MLS Grid #11721691

Apr 11, 2023

Sold (MLS) (Closed)

$425,000

$337/sq ft

Mar 9, 2023

Pending

—

Feb 23, 2023

Contingent (Contingent - Continue to Show)

—

Feb 18, 2023

Listed (Active)

$420,000

$333/sq ft

MRED as Distributed by MLS Grid #11003243

Apr 12, 2021

Sold (MLS) (Closed Sale)

$392,000

$310/sq ft

Mar 3, 2021

Pending (Contingent)

—

Feb 24, 2021

Listed (New)

$399,999

$317/sq ft

+30

If you like great views this is for you! 26th floor open layout 2 bedroom 2 bath in a full amenity building! Highly desired NE Tier is rarely available. Sun drenched in light with windows of walls! Unobstructed N/E/W, Lake Michigan, Chicago River & awesome City views. Great size at 1263 sf with an open layout and very efficient floorplan. Beautiful white kitchen with custom hardware, granite counters, and extra large center island! Brand new $$6,000 Samsung Dark Stainless appliance package with warranty! Both Oven and microwave have the new"Air Fryer" feature which is a must have! Microwave also a convection oven for those holiday get togethers! Also brand new Stainless sink and modern touchless faucet! Hardwood floors in main living area, Hunter Douglas blinds, in unit laundry, and a separate area for your large dining room table with awesome views while eating! Split/fully enclosed bedrooms, oversized primary suite with good sized bedroom, large spa like bath/shower and a large walk in closet. Assessments include all your gas for heat, cooking, hot water, Internet, Wi-Fi, Cable/TV and air conditioning! Extra wide heated garage parking spot is included in price! Building offers 24 hour doorman, gym, rooftop party terrace, bike room, storage locker, business center, and onsite management/engineer. Walking distance to CTA, Loop, Metra, Lakefront, Marianos, Jewel, Target, Trader Joes, and plenty of scrumptious dining! Multi Million dollar Chicago Riverwalk project and park already underway right across the street from your home, all the way down to 18th street!

MRED as Distributed by MLS Grid #09012767

Jan 29, 2016

Sold (MLS) (Closed Sale)

$375,500

$297/sq ft

Jan 26, 2016

Pending

—

Dec 24, 2015

Contingent

—

Nov 6, 2015

Price Changed

$360,000

$285/sq ft

Oct 13, 2015

Price Changed

$365,000

$289/sq ft

Aug 15, 2015

Listed (New)

$370,000

$293/sq ft

+12

Best tier in the Bldg! NE corner, high Fl, light filled unit in full amenity bldg., Wells Street Tower! Unobstructed N/E/W Lake, River & City views. Large, 1263 asf open layout with h/w floors & hunter douglas blinds thru-out. Split/fully enclosed bedrooms, lux master suite w/ sep shower+walk-in closet. Large island, SS Appl. Granite kitchen with lovely dining area with views of the city & river! Bldg offers doorman, gym, party terrace & storage! Walk to everything! Wide Garage parking space plus $25K. BUILDING WITH 24 HOUR DOORSTAFF, FITNESS CLUB, BUSINESS CENTER, PARTY ROOM, LIBRARY, ONSITE MANAGER/ENGINEER, STORAGE LOCkER. CLOSE TO EVERYTHNG; LOOP, METRA, LAKE, CTA, JEWEL, MARIANOS,TARGET, TRADER JOES, AND DINING!

Year

Property tax

Land + Additions

Assessment*

2023

$6,777 (−7.0%)

$1,303 + $35,977

$37,280

2022

$7,289 (+12.9%)

$1,050 + $34,386

$35,436

2021

$6,456 (−2.3%)

$1,050 + $34,386

$35,436

2020

$6,605 (+1.9%)

$951 + $31,802

$32,753

2019

$6,481 (+1.7%)

$951 + $34,738

$35,689

2018

$6,371 (+13.6%)

$951 + $34,738

$35,689

2017

$5,607 (−4.8%)

$787 + $28,637

$29,424

2016

$5,893 (+29.0%)

$787 + $28,637

$29,424

2015

$4,567 (+18.3%)

$787 + $28,637

$29,424

2014

$3,861 (+2.5%)

$725 + $24,492

$25,217

2013

$3,766 (+0.2%)

$725 + $24,492

$25,217

2012

$3,758 (−0.2%)

$725 + $24,492

$25,217

2011

$3,765 (−11.0%)

$853 + $25,747

$26,600

2010

$4,232 (−1.9%)

$853 + $28,184

$29,037

2009

$4,312 (−3.2%)

$853 + $29,767

$30,620

2008

$4,456 (+0.7%)

$91 + $32,818

$32,909

2007

$4,424

$91 + $32,818

$32,909

Tax history for 701 S Wells St #2601

Year

Property tax

Land + Additions

Assessment*

2023

$6,777 (−7.0%)

$1,303 + $35,977

$37,280

2022

$7,289 (+12.9%)

$1,050 + $34,386

$35,436

2021

$6,456 (−2.3%)

$1,050 + $34,386

$35,436

2020

$6,605 (+1.9%)

$951 + $31,802

$32,753

2019

$6,481 (+1.7%)

$951 + $34,738

$35,689

2018

$6,371 (+13.6%)

$951 + $34,738

$35,689

2017

$5,607 (−4.8%)

$787 + $28,637

$29,424

2016

$5,893 (+29.0%)

$787 + $28,637

$29,424

2015

$4,567 (+18.3%)

$787 + $28,637

$29,424

2014

$3,861 (+2.5%)

$725 + $24,492

$25,217

2013

$3,766 (+0.2%)

$725 + $24,492

$25,217

2012

$3,758 (−0.2%)

$725 + $24,492

$25,217

2011

$3,765 (−11.0%)

$853 + $25,747

$26,600

2010

$4,232 (−1.9%)

$853 + $28,184

$29,037

2009

$4,312 (−3.2%)

$853 + $29,767

$30,620

2008

$4,456 (+0.7%)

$91 + $32,818

$32,909

2007

$4,424

$91 + $32,818

$32,909

*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

17164020501121

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: Owned
Garage On-Site: Yes
Garage Type: Attached
Garage Details: Garage Door Opener(s),Transmitter(s)

Interior

Bathroom Information
# of Baths (Full): 2
Bath Amenities: Whirlpool,Separate Shower,Double Sink

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

Room Information
Room Type: Foyer
Level: Main
Dimensions: 11 x 8
Flooring: Hardwood

Room Information
Room Type: Walk In Closet
Level: Main
Dimensions: 6 x 6
Flooring: Hardwood

Room Information
Room Type: Balcony/Porch/Lanai
Level: Main
Dimensions: 11 x 4

Room Information
Room Type: Bedroom 2
Level: Main
Dimensions: 12 x 12
Window Treatments: Blinds
Flooring: Hardwood

Room Information
Room Type: Dining Room
Level: Main
Dimensions: 9 x 8
Window Treatments: Blinds
Flooring: Hardwood

Room Information
Room Type: Kitchen
Type: Island
Level: Main
Dimensions: 15 x 9
Flooring: Hardwood

Room Information
Room Type: Living Room
Level: Main
Dimensions: 24 x 14
Window Treatments: Blinds
Flooring: Hardwood

Room Information
Room Type: Master Bedroom
Level: Main
Dimensions: 13 x 13
Window Treatments: Blinds
Flooring: Hardwood
Bath: Full

Additional Rooms Information
Dining Room: Separate
Basement Description: None
Laundry Features: In Unit

Interior Features
Interior Features: Hardwood Floors, Laundry Hook-Up in Unit, Walk-In Closet(s), Open Floorplan
# of Rooms: 5

Equipment
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal

Fireplace Information
# of Fireplaces: 1
Fireplace Location: Living Room
Fireplace Features: Gas Log

Exterior

Exterior Features
Exterior Features: Balcony, Dog Run, Storms/Screens

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

Property Information
Property Type: Attached Single
Property Type: Condo
Model: 01 - NE CORNER
Ownership: Condo
Property Currently Being Leased: No
Rebuilt (Y/N): No
Rehab (Y/N): No
Parcel Number: 17164020501121

Lot Information
Dimensions: COMMON

Financial

Tax Information
Tax Annual Amount: $6,757.41
Tax Year: 2021

Financial Information
Finance Code: Cash
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
Management: Monday through Friday
Pets Allowed (Y/N): Yes
Pets Allowed: Cats OK, Dogs OK
Max Pet Weight: 999

Homeowners Association Information
Association Fee: $973
Association Fee Frequency: Monthly
Association Fee Includes: Heat, Air Conditioning, Water, Gas, Insurance, Doorman, TV/Cable, Clubhouse, 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, Security Door Lock(s), Service Elevator(s), Valet/Cleaner, Business Center

School Information
Elementary School District: 299
Elementary School: South Loop Elementary School
Middle Or Junior School District: 299
Middle Or Junior School: South Loop Elementary School
High School District: 299
High School: Phillips Academy High School

Location Information
Unit Floor Level: 26
Subdivision Name: Wells Street Tower
Township: South Chicago
Corporate Limits: Chicago
Directions: Harrison to Wells, South to property. 15 minute flasher parking in front of building.

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Cook County
APN: 17164020501121

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

$476,000 – $576,000

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New listings for sale in 60607

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$550,000

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400 S Green St #210, Chicago, IL 60607

EARLY ACCESSCOLDWELL BANKER COMING SOON

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1 bed1 bath— sq ft

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LISTED BY REDFIN

$375,000

3 beds2 baths1,300 sq ft

812 S Miller St Unit 3S, Chicago, IL 60607

LISTED BY REDFIN

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$1,200,000

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EARLY ACCESSCOMPASS COMING SOON

$839,000

3 beds2 baths— sq ft

841 W Monroe St Unit 3A, Chicago, IL 60607

$899,000

3 beds2.5 baths2,200 sq ft

1000 W Washington Blvd #513, Chicago, IL 60607

Home values near 701 S Wells St #2601

Data from public records.

Address	Redfin Estimate
701 S Wells Street Unit 1102, Chicago, IL 1 Beds \| 1 Baths \| 930 Sq. Ft.	$301,042
701 S Wells Street Unit 3106, Chicago, IL 3 Beds \| 2.5 Baths \| 1652 Sq. Ft.	$609,320

Address	Redfin Estimate
701 S Wells Street Unit 2702, Chicago, IL 2 Beds \| 2 Baths \| 1215 Sq. Ft.	$412,406
701 S Wells Street Unit 2102, Chicago, IL 2 Beds \| 2 Baths \| 1215 Sq. Ft.	$446,068

Address	Redfin Estimate
701 S Wells Street Unit 907, Chicago, IL 1 Beds \| 1 Baths \| 700 Sq. Ft.	$270,235
701 S Wells Street Unit 2306, Chicago, IL - Beds \| 2.5 Baths \| 1652 Sq. Ft.	—

Property information provided by MRED as Distributed by MLS Grid when last listed in 2023. 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

Redfin agents who toured

Sale history for 701 S Wells St #2601

Tax history for 701 S Wells St #2601

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 #2601

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