Google street view image for 701 S Wells St #2602, Chicago, IL 60607

Off market sep 2017 for $364K

$427,618

Est. refi paymentEst. refi $2,500/mo

—

•

— ba

•

1,215

sq ft

701 S Wells St #2602, Chicago, IL 60607

About this home

701 S Wells St #2602 is a 1,215 square foot condo. - it last sold on September 26, 2017 for $364,000. Based on Redfin's Chicago data, we estimate the home's value is $427,618.

CondoProperty Type

$352Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$427,618

$64K since sold in September 2017$24K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 29.8% lower than the average sale price ($609K) 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 8, 2026
$694,500
C
2 beds2 baths1,223 sq ft
234 W Polk St #2909, Chicago, IL 60607
SOLD AUG 25, 2026
$660,000
D
2 beds2 baths1,165 sq ft
234 W Polk St #2912, 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 JUN 22, 2026
$745,000
F
2 beds2 baths1,223 sq ft
234 W Polk St #4109, Chicago, IL 60607

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Earn from this home

Sell

$170,234

Est. take-home

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Est. cash available

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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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$499,000
2 beds2 baths— sq ft
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NEW
$1,195,000
4 beds3.5 baths2,558 sq ft
900 S Morgan St S, Chicago, IL 60607
EARLY ACCESS
Unknown
2 beds2 baths— sq ft
1000 W Adams St #817, Chicago, IL 60607
EARLY ACCESS
$1,925,000
4 beds4 baths3,157 sq ft
305 S Racine Ave Unit PHD, Chicago, IL 60607
OPEN SUN, 1AM TO 4PM
$289,000
1 bed1 bath— sq ft
417 S Jefferson St #511, Chicago, IL 60607
NEW 25 HRS AGO
$324,900
2 beds1 bath— sq ft
1224 W Van Buren St #222, Chicago, IL 60607
NEW
$539,900
2 beds2 baths1,200 sq ft
218 S Laflin St #201, Chicago, IL 60607
NEW 27 HRS AGO
$289,000
2 beds1.5 baths950 sq ft
500 S Clinton St #811, Chicago, IL 60607
OPEN SAT, 11AM TO 1PM
$399,900
1 bed1 bath900 sq ft
125 S Green St Unit 805A, Chicago, IL 60607
$330,000
2 beds1 bath809 sq ft
235 W Van Buren St #4013, Chicago, IL 60605
See all

Provided by Redfin

Sale history for 701 S Wells St #2602

Year

Property tax

Land + Additions

Assessment*

2023

$6,983 (+2.6%)

$1,217 + $33,604

$34,821

2022

$6,808 (+2.3%)

$981 + $32,117

$33,098

2021

$6,656 (−2.3%)

$981 + $32,117

$33,098

2020

$6,815 (+1.8%)

$888 + $29,704

$30,592

2019

$6,697 (+1.7%)

$888 + $32,446

$33,334

2018

$6,585 (+26.9%)

$888 + $32,446

$33,334

2017

$5,189 (+3.7%)

$735 + $26,747

$27,482

2016

$5,004 (+9.9%)

$735 + $26,747

$27,482

2015

$4,555 (+17.0%)

$735 + $26,747

$27,482

2014

$3,893 (+2.3%)

$677 + $22,877

$23,554

2013

$3,805 (+0.7%)

$677 + $22,877

$23,554

2012

$3,779 (+2.2%)

$677 + $22,877

$23,554

2011

$3,699 (−10.2%)

$796 + $24,048

$24,844

2010

$4,117 (−1.5%)

$796 + $26,325

$27,121

2009

$4,182 (+0.9%)

$796 + $27,803

$28,599

2008

$4,144 (−5.1%)

$85 + $30,653

$30,738

2007

$4,366

$85 + $30,653

$30,738

Tax history for 701 S Wells St #2602

Year

Property tax

Land + Additions

Assessment*

2023

$6,983 (+2.6%)

$1,217 + $33,604

$34,821

2022

$6,808 (+2.3%)

$981 + $32,117

$33,098

2021

$6,656 (−2.3%)

$981 + $32,117

$33,098

2020

$6,815 (+1.8%)

$888 + $29,704

$30,592

2019

$6,697 (+1.7%)

$888 + $32,446

$33,334

2018

$6,585 (+26.9%)

$888 + $32,446

$33,334

2017

$5,189 (+3.7%)

$735 + $26,747

$27,482

2016

$5,004 (+9.9%)

$735 + $26,747

$27,482

2015

$4,555 (+17.0%)

$735 + $26,747

$27,482

2014

$3,893 (+2.3%)

$677 + $22,877

$23,554

2013

$3,805 (+0.7%)

$677 + $22,877

$23,554

2012

$3,779 (+2.2%)

$677 + $22,877

$23,554

2011

$3,699 (−10.2%)

$796 + $24,048

$24,844

2010

$4,117 (−1.5%)

$796 + $26,325

$27,121

2009

$4,182 (+0.9%)

$796 + $27,803

$28,599

2008

$4,144 (−5.1%)

$85 + $30,653

$30,738

2007

$4,366

$85 + $30,653

$30,738

*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: 4

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: 1,215

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

Lot Information
# of Buildings: 1
Land Sq. Ft: 11,335
Acres: 0.2602
Depth Footage: 102
Front Footage: 162
County Use Description: RESID CONDOMINIUM

Utility Information
Water Service Type: Public

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: —
Baths: —
Sq. Ft.: 1,215
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Cook County
APN: 17164020501122

Home facts updated by county records on Sep 16, 2026

About this building

3 for sale

701 S Wells St Chicago, IL, 60607

See photos & sale trends

Photo via 701 S Wells St #1605

Units for sale


2605	$400,000	2 beds	2 baths	1200 sq ft
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

$407,000 – $492,000

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Nearby similar homes

$40,000

— beds— baths— sq ft

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

VIDEO TOUR

$450,000

1 bed1 bath740 sq ft

234 W Polk St #3206, Chicago, IL 60607

$720,000

3 beds2 baths2,800 sq ft

161 W Harrison St #1206, 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

$199,900

1 bed1 bath719 sq ft

740 S Federal St #1005, Chicago, IL 60605

New listings for sale in 60607

OPEN SUN, 12PM TO 2PM

$499,000

2 beds2 baths— sq ft

949 W Madison St #407, Chicago, IL 60607

NEW

$1,195,000

4 beds3.5 baths2,558 sq ft

900 S Morgan St S, Chicago, IL 60607

EARLY ACCESSCOMPASS COMING SOON

Unknown

2 beds2 baths— sq ft

1000 W Adams St #817, Chicago, IL 60607

EARLY ACCESSCOMPASS COMING SOON

$1,925,000

4 beds4 baths3,157 sq ft

305 S Racine Ave Unit PHD, Chicago, IL 60607

OPEN SUN, 1AM TO 4PM

$289,000

1 bed1 bath— sq ft

417 S Jefferson St #511, Chicago, IL 60607

NEW 25 HRS AGO

$324,900

2 beds1 bath— sq ft

1224 W Van Buren St #222, Chicago, IL 60607

NEW

$539,900

2 beds2 baths1,200 sq ft

218 S Laflin St #201, Chicago, IL 60607

NEW 27 HRS AGO

$289,000

2 beds1.5 baths950 sq ft

500 S Clinton St #811, Chicago, IL 60607

OPEN SAT, 11AM TO 1PM

$399,900

1 bed1 bath900 sq ft

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

Home values near 701 S Wells St #2602

Data from public records.

Address	Redfin Estimate
701 South Wells St Apt 1102, Chicago, IL 1 Beds \| 1 Baths \| 930 Sq. Ft.	$301,100
701 South Wells St Apt 1706, Chicago, IL 1 Beds \| 1 Baths \| 837 Sq. Ft.	$285,715

Address	Redfin Estimate
701 South Wells St Apt 2702, Chicago, IL 2 Beds \| 2 Baths \| 1215 Sq. Ft.	$421,242
701 South Wells St Apt 1003, Chicago, IL - Beds \| 1 Baths \| 787 Sq. Ft.	$221,588

Address	Redfin Estimate
701 South Wells St Apt 2506, Chicago, IL 3 Beds \| 2.5 Baths \| 1652 Sq. Ft.	$653,664
701 South Wells St Apt 2404, Chicago, IL 2 Beds \| 2 Baths \| 1263 Sq. Ft.	$434,755

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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 #2602

Tax history for 701 S Wells St #2602

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 #2602

More real estate resources