OFF MARKET

Off market aug 2021 for $380K

$454,946

Est. refi paymentEst. refi $2,442/mo

•

1,201

sq ft

701 S Wells St #2701, Chicago, IL 60607

About this home

Beautiful, sun-drenched northeast corner 2 bed/2 bath with floor to ceiling windows to enjoy spectacular skyline, lake and river views! Open floor plan features spacious living room/dining room with stone fireplace and hardwood throughout. Kitchen has stainless appliances and breakfast bar. Generous primary suite has beautiful views, walk in closet and slate bath with shower/whirlpool tub. Balcony and In unit laundry. Huge parking space to accommodate 2 cars included! Building features a large sundeck, business center, lounge, exercise room, bike room & storage locker and 24-hour doorman. Prime South Loop location! Steps to trendy restaurants, shops, nightlife, public transport, Target, Whole Foods, Marianos, Trader Joes, Grant Park, the Lake and easy access to all expressways.

CondoProperty Type

2002Year Built

$379Est. Price/Sq.Ft.

1 car garageParking

Listed by Elizabeth Bennan • Berkshire Hathaway HomeServices Chicago

Bought with Richard Pan • RE/MAX of Naperville

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #11114319

Redfin Estimate

$454,946

$75K since sold in August 2021$15K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 17.5% lower than the average sale price ($552K) 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 JUN 29, 2026
$400,000
E
2 beds2 baths1,150 sq ft
170 W Polk St #901, Chicago, IL 60605
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

$159,291

Est. take-home

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Refinance

Est. cash available

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Rent

$3,711/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

99.8%

0.2% MoM

Median sale price

$430K

$10K MoM

Avg. days on market

66d

7 days MoM

Recently sold homes

283

25 MoM

New listings for sale

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OPEN SAT, 11AM TO 1PM
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OPEN SAT, 11AM TO 1PM
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2 beds2 baths— sq ft
321 S Sangamon St #908, Chicago, IL 60607
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2 beds2.5 baths1,324 sq ft
701 S Wells St #3306, Chicago, IL 60607
OPEN TODAY, 5PM TO 6:30PM
$825,000
2 beds2 baths1,600 sq ft
920 W Madison St Unit 1003W, Chicago, IL 60607
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$349,000
1 bed1 bath— sq ft
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4 beds4 baths3,878 sq ft
220 S Green St Unit 4S, Chicago, IL 60607
OPEN SAT, 11AM TO 1PM
$499,900
2 beds2 baths1,000 sq ft
225 S Sangamon St #410, Chicago, IL 60607
OPEN SAT, 11AM TO 1PM
$649,000
2 beds2 baths1,400 sq ft
920 W Madison St Unit B6, Chicago, IL 60607
See all

Provided by Redfin

Sale history for 701 S Wells St #2701

Date

Event

Price

MRED as Distributed by MLS Grid #11114319

Aug 6, 2021

Sold (MLS) (Closed)

$380,000

$316/sq ft

Jul 14, 2021

Pending (Active Under Contract)

—

Jun 18, 2021

Pending (Contingent)

—

Jun 7, 2021

Listed (New)

$399,000

$332/sq ft

MRED as Distributed by MLS Grid #09093920

Mar 10, 2016

Sold (MLS) (Closed Sale)

$392,500

$327/sq ft

Feb 16, 2016

Pending

—

Jan 15, 2016

Contingent

—

Jan 5, 2016

Price Changed

$375,000

$312/sq ft

Nov 30, 2015

Listed (New)

$385,000

$321/sq ft

+20

Beautiful, sun-filled northeast corner 2 bed/2 bath unit with panoramic lake, skyline and river views. Spacious L-shaped living room/dining room with stone fireplace, hardwood and tile floors and floor-to-ceiling windows. Kitchen has cherry cabinets with a large beautiful granite island, newer stainless appliances and lots of counter space. Master suite with lake view and huge bath with shower/whirlpool tub in European wet room. Balcony off living area. Laundry in unit. Oversized parking space for $35,000 can accommodate two cars. Owner occupants only.

MRED as Distributed by MLS Grid #07454984

May 14, 2010

Sold (MLS) (Closed Sale)

$345,000

$287/sq ft

Apr 28, 2010

Pending

—

Apr 16, 2010

Contingent

—

Apr 13, 2010

Price Changed (Price Change)

$335,000

$279/sq ft

Mar 1, 2010

Listed (New)

$349,000

$291/sq ft

Gorgeous NE corner 2BR/2BA w/ amazing lake, skyline and river views. Large layout w/ dining space and tons of light. Closed 2nd BR. Highly upgr t/o: Hw flrs in bdrs open kitch w/ upgr cabinets, large granite island, S/S appls. Master ste w/ huge closet and beautifully upgr slate bath. W/ D in unit. Balcony. Bldg features 24 hr dr, fitness, sun deck. Asmts incl heat, ac, internet, cable and gas. Pkg adtl 40k fits 2 cars

MRED as Distributed by MLS Grid #07332627

Mar 1, 2010

Listing Removed

—

Year

Property tax

Land + Additions

Assessment*

2023

$7,535 (+2.6%)

$1,313 + $36,257

$37,570

2022

$7,345 (+12.8%)

$1,058 + $34,653

$35,711

2021

$6,511 (−2.3%)

$1,058 + $34,653

$35,711

2020

$6,662 (+1.9%)

$959 + $32,049

$33,008

2019

$6,537 (+1.7%)

$959 + $35,008

$35,967

2018

$6,426 (+13.6%)

$959 + $35,008

$35,967

2017

$5,657 (+4.0%)

$793 + $28,859

$29,652

2016

$5,439 (+9.8%)

$793 + $28,859

$29,652

2015

$4,952 (+16.8%)

$793 + $28,859

$29,652

2014

$4,238 (+2.3%)

$730 + $24,683

$25,413

2013

$4,143 (+0.7%)

$730 + $24,683

$25,413

2012

$4,113 (+2.4%)

$730 + $24,683

$25,413

2011

$4,017 (−15.6%)

$859 + $25,947

$26,806

2010

$4,762 (+9.5%)

$859 + $28,403

$29,262

2009

$4,349 (+1.1%)

$859 + $29,998

$30,857

2008

$4,300 (+0.3%)

$92 + $33,073

$33,165

2007

$4,286

$92 + $33,073

$33,165

Tax history for 701 S Wells St #2701

Year

Property tax

Land + Additions

Assessment*

2023

$7,535 (+2.6%)

$1,313 + $36,257

$37,570

2022

$7,345 (+12.8%)

$1,058 + $34,653

$35,711

2021

$6,511 (−2.3%)

$1,058 + $34,653

$35,711

2020

$6,662 (+1.9%)

$959 + $32,049

$33,008

2019

$6,537 (+1.7%)

$959 + $35,008

$35,967

2018

$6,426 (+13.6%)

$959 + $35,008

$35,967

2017

$5,657 (+4.0%)

$793 + $28,859

$29,652

2016

$5,439 (+9.8%)

$793 + $28,859

$29,652

2015

$4,952 (+16.8%)

$793 + $28,859

$29,652

2014

$4,238 (+2.3%)

$730 + $24,683

$25,413

2013

$4,143 (+0.7%)

$730 + $24,683

$25,413

2012

$4,113 (+2.4%)

$730 + $24,683

$25,413

2011

$4,017 (−15.6%)

$859 + $25,947

$26,806

2010

$4,762 (+9.5%)

$859 + $28,403

$29,262

2009

$4,349 (+1.1%)

$859 + $29,998

$30,857

2008

$4,300 (+0.3%)

$92 + $33,073

$33,165

2007

$4,286

$92 + $33,073

$33,165

*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

17164020501127

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: Heated

Interior

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

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

Additional Rooms Information
Basement Description: None
Laundry Features: In Unit

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

Equipment
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Fire Sprinklers, CO Detectors, Ceiling Fan(s)

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

Exterior

Exterior Features
Exterior Features: Balcony

Building Information
# Of Units in Building: 170
Living Area Source: Builder
Exterior Building Type: Glass,Stone,Concrete
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
Property Currently Being Leased: No
Rebuilt (Y/N): No
Rehab (Y/N): No
Parcel Number: 17164020501127

Lot Information
Dimensions: COMMON
Lot Features: River Front, Water View

Financial

Tax Information
Tax Annual Amount: $7,198.26
Tax Year: 2019
Tax Exemptions: Homeowner

Financial Information
Finance Code: Conventional
Special Service Area: N

Utilities

Utility Information
Water Source: Lake Michigan, Public
Sewer: Public Sewer
Electric: Circuit Breakers

Heating & Cooling
Heating: Natural Gas, Forced Air
Cooling: Central Air

Location

Community Information
Management: Manager On-site,Monday through Friday
Pets Allowed (Y/N): Yes
Pets Allowed: Cats OK, Dogs OK, Number Limit
Max Pet Weight: 999

Homeowners Association Information
Association Fee: $943
Association Fee Frequency: Monthly
Association Fee Includes: Heat, Air Conditioning, Water, Gas, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Other, 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), Valet/Cleaner, Business Center

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

Location Information
Unit Floor Level: 27
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: 17164020501127

Home facts updated by county records on Sep 16, 2026

Other

Listing Information
Holds Earnest Money: Yes
Possession: Closing

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	$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

$433,000 – $524,000

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New listings for sale in 60607

OPEN SUN, 1PM TO 3PM

$439,000

2 beds2 baths1,550 sq ft

1500 W Monroe St #525, Chicago, IL 60607

OPEN SAT, 11AM TO 1PM

$1,150,000

3 beds3 baths1,950 sq ft

16 N Carpenter St Unit 4N, Chicago, IL 60607

OPEN SAT, 11AM TO 1PM

$599,900

2 beds2 baths— sq ft

321 S Sangamon St #908, Chicago, IL 60607

$465,000

2 beds2.5 baths1,324 sq ft

701 S Wells St #3306, Chicago, IL 60607

OPEN TODAY, 5PM TO 6:30PM

$825,000

2 beds2 baths1,600 sq ft

920 W Madison St Unit 1003W, Chicago, IL 60607

OPEN SAT, 12PM TO 2PM

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1 bed1 bath— sq ft

111 S Morgan St #501, Chicago, IL 60607

OPEN SAT, 1PM TO 2:30PM3D WALKTHROUGH

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Home values near 701 S Wells St #2701

Data from public records.

Address	Redfin Estimate
701 South Wells St Apt 1706, Chicago, IL 1 Beds \| 1 Baths \| 837 Sq. Ft.	$285,715
701 South Wells St Apt 2301, Chicago, IL 2 Beds \| 2 Baths \| 1263 Sq. Ft.	$435,168

Address	Redfin Estimate
701 South Wells St Apt 1606, Chicago, IL 1 Beds \| 1 Baths \| 837 Sq. Ft.	$255,612
701 South Wells St Apt 1502, Chicago, IL 1 Beds \| 1 Baths \| 930 Sq. Ft.	$283,143

Address	Redfin Estimate
701 South Wells St Apt 1001, Chicago, IL 2 Beds \| 2 Baths \| 1261 Sq. Ft.	$425,444
701 South Wells St Apt 1008, Chicago, IL 2 Beds \| 2 Baths \| 1200 Sq. Ft.	$375,936

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 #2701

Tax history for 701 S Wells St #2701

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 #2701

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