OFF MARKET

Off market jan 2023 for $355K

$422,791

•

1,263

sq ft

701 S Wells St #2705, Chicago, IL 60607

About this home

In immaculate condition inviting you to move in and enjoy. Nice west view of the Chicago River/Skyline through the 27th floor, 2021, renovation and updates at the Wells Street Tower, with 2022, lobby renovation. Desirable tier offering nice open layout, with large 15X5 foyer, ceramic Porcelain floor entry, and fireplace in living room. Brand-new expensive hardwood floors, modern kitchen with island and stools space, Quarts counter tops, backsplash and Samsung Stainless Steel appliances, nice 12X5 balcony overlooking the river/Skyline.. Master bedroom, standing shower, Jacuzzi-bathtub and double sinks vanity. In-unit washer and dryer. 1-car garage parking space on 2nd floor for addition of $30,000. A beauty throughout with 540k in building reserved amount. Walking distance to shops, transportation with immediate access to major roads, I-90/I-294 and I-55. 2-Pin numbers. Association includes garage parking space # 9 with pin # 1716402051179 for addition $30,000. Unit Pin # 17164020501131

CondoProperty Type

2002Year Built

$335Est. Price/Sq.Ft.

1 car garageParking

Listed by Mark Ahmad • Century 21 Circle

Bought with Benjamin Lissner • Baird & Warner

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #11677039

Redfin Estimate

$422,791

$68K since sold in January 2023$3,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 17.1% 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

$137,631

Est. take-home

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Rent

$3,727/mo

Redfin rental estimate

List your home for rent

Market trends in The Loop, IL

Last updated October 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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See all

Provided by Redfin

Sale history for 701 S Wells St #2705

Date

Event

Price

Public Records

Jan 23, 2023

Sold

$355,000

$281/sq ft

MRED as Distributed by MLS Grid #11677039

Jan 12, 2023

Listing Removed

—

Jan 12, 2023

Sold (MLS) (Closed)

$355,000

$281/sq ft

Dec 14, 2022

Contingent (Contingent - Continue to Show)

—

Nov 21, 2022

Listed (Active)

$339,000

$268/sq ft

MRED as Distributed by MLS Grid #11655232

Nov 21, 2022

Listing Removed

—

MRED as Distributed by MLS Grid #11366526

Oct 18, 2022

Listing Removed

—

MRED as Distributed by MLS Grid #11347853

Apr 5, 2022

Listing Removed

—

MRED as Distributed by MLS Grid #11301414

Mar 15, 2022

Listing Removed

—

MRED as Distributed by MLS Grid #06813791

Jul 29, 2008

Listing Removed

—

MRED as Distributed by MLS Grid #06552916

Sep 21, 2007

Listing Removed

—

Year

Property tax

Land + Additions

Assessment*

2023

$6,551 (+2.6%)

$1,141 + $31,522

$32,663

2022

$6,386 (+2.3%)

$920 + $30,127

$31,047

2021

$6,243 (−2.3%)

$920 + $30,127

$31,047

2020

$6,393 (+1.8%)

$833 + $27,864

$28,697

2019

$6,282 (+1.7%)

$833 + $30,436

$31,269

2018

$6,177 (+11.3%)

$833 + $30,436

$31,269

2017

$5,550 (+7.5%)

$690 + $25,090

$25,780

2016

$5,163 (+9.3%)

$690 + $25,090

$25,780

2015

$4,724 (+15.2%)

$690 + $25,090

$25,780

2014

$4,099 (+15.8%)

$635 + $21,459

$22,094

2013

$3,540 (+0.7%)

$635 + $21,459

$22,094

2012

$3,517 (+2.0%)

$635 + $21,459

$22,094

2011

$3,449 (−10.3%)

$747 + $22,558

$23,305

2010

$3,844 (−1.6%)

$747 + $24,694

$25,441

2009

$3,906 (+0.9%)

$747 + $26,081

$26,828

2008

$3,871 (+0.7%)

$80 + $28,754

$28,834

2007

$3,845

$80 + $28,754

$28,834

Tax history for 701 S Wells St #2705

Year

Property tax

Land + Additions

Assessment*

2023

$6,551 (+2.6%)

$1,141 + $31,522

$32,663

2022

$6,386 (+2.3%)

$920 + $30,127

$31,047

2021

$6,243 (−2.3%)

$920 + $30,127

$31,047

2020

$6,393 (+1.8%)

$833 + $27,864

$28,697

2019

$6,282 (+1.7%)

$833 + $30,436

$31,269

2018

$6,177 (+11.3%)

$833 + $30,436

$31,269

2017

$5,550 (+7.5%)

$690 + $25,090

$25,780

2016

$5,163 (+9.3%)

$690 + $25,090

$25,780

2015

$4,724 (+15.2%)

$690 + $25,090

$25,780

2014

$4,099 (+15.8%)

$635 + $21,459

$22,094

2013

$3,540 (+0.7%)

$635 + $21,459

$22,094

2012

$3,517 (+2.0%)

$635 + $21,459

$22,094

2011

$3,449 (−10.3%)

$747 + $22,558

$23,305

2010

$3,844 (−1.6%)

$747 + $24,694

$25,441

2009

$3,906 (+0.9%)

$747 + $26,081

$26,828

2008

$3,871 (+0.7%)

$80 + $28,754

$28,834

2007

$3,845

$80 + $28,754

$28,834

*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.

1,263

Year built

—

Style

Condo/Co-op

County

Cook County

APN

17164020501131

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 On-Site: Yes
Garage Type: Attached

Interior

Bathroom Information
# of Baths (Full): 2

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

Room Information
Room Type: Foyer
Level: Main
Dimensions: 16 x 5
Flooring: Porcelain Tile

Room Information
Room Type: Balcony/Porch/Lanai
Level: Main
Dimensions: 12 x 5
Flooring: Other

Room Information
Room Type: Bedroom 2
Level: Main
Dimensions: 12 x 11
Flooring: Hardwood

Room Information
Room Type: Dining Room
Level: Main
Dimensions: 9 x 7
Flooring: Hardwood

Room Information
Room Type: Kitchen
Level: Main
Dimensions: 15 x 10
Flooring: Porcelain Tile

Room Information
Room Type: Living Room
Level: Main
Dimensions: 17 x 16
Flooring: Hardwood

Room Information
Room Type: Master Bedroom
Level: Main
Dimensions: 17 x 13
Flooring: Hardwood
Bath: Full

Additional Rooms Information
Foyer, Balcony/Porch/Lanai
Basement Description: None
Laundry Features: In Unit, Common Area, Laundry Closet

Interior Features
# of Rooms: 5

Equipment
Appliances: Range, Microwave, Dishwasher, Refrigerator

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

Exterior

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

Property Information
Property Type: Attached Single
Property Type: Condo
Ownership: Condo
Rebuilt (Y/N): No
Rehab (Y/N): Yes
Rehab Year: 2021
Parcel Number: 17164020501131

Lot Information
Dimensions: COMMON

Financial

Tax Information
Tax Annual Amount: $6,393
Tax Year: 2020

Financial Information
Finance Code: Conventional
Special Service Area: N

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer

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

Location

Community Information
Pets Allowed (Y/N): Yes
Pets Allowed: Cats OK, Dogs OK
Max Pet Weight: 99

Homeowners Association Information
Association Fee: $896
Association Fee Frequency: Monthly
Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
Master Association Fee Frequency: Not Required

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

Location Information
Unit Floor Level: 27
Township: South Chicago
Corporate Limits: Chicago
Directions: Congress St./Harrison St. then South on Wells St.

Public facts

Beds: —
Baths: —
Sq. Ft.: 1,263
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Cook County
APN: 17164020501131

Home facts updated by county records on Sep 16, 2026

Other

Listing Information
Holds Earnest Money: Yes
Possession: Closing

Teams Information
Buyer Team Name: HL2R Group

About this building

1 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

Around this home

Schools

K - 12
Preschool & daycare

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

$402,000 – $487,000

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Home values near 701 S Wells St #2705

Data from public records.

Address	Redfin Estimate
701 S Wells Street Unit 3301, Chicago, IL 2 Beds \| 2 Baths \| 1300 Sq. Ft.	$429,270
701 S Wells Street Unit 2703, Chicago, IL 3 Beds \| 2.5 Baths \| 1689 Sq. Ft.	$649,816
701 S Wells Street Unit P123, Chicago, IL - Beds \| 1 Baths \| 700 Sq. Ft.	$275,717
701 S Wells Street Unit 1407, Chicago, IL 1 Beds \| 1 Baths \| - Sq. Ft.	$255,501

Address	Redfin Estimate
701 S Wells Street Unit 2506, Chicago, IL 3 Beds \| 2.5 Baths \| 1652 Sq. Ft.	$679,246
701 S Wells Street Unit 2801, Chicago, IL 2 Beds \| 2 Baths \| 1263 Sq. Ft.	$483,135
701 S Wells Street Unit 2104, Chicago, IL 2 Beds \| 2 Baths \| 1300 Sq. Ft.	$466,128
701 S Wells Street Unit 802, Chicago, IL - Beds \| - Baths \| 900 Sq. Ft.	$293,700

Address	Redfin Estimate
701 S Wells Street Unit 3002, Chicago, IL 2 Beds \| 2 Baths \| 1215 Sq. Ft.	$430,203
701 S Wells Street Unit 2404, Chicago, IL 2 Beds \| 2 Baths \| 1263 Sq. Ft.	$425,868
701 S Wells Street Unit 905, Chicago, IL 2 Beds \| 2 Baths \| 1400 Sq. Ft.	$424,599
701 S Wells Street Unit 3004, Chicago, IL 2 Beds \| 2 Baths \| 1263 Sq. Ft.	$431,799

Property information provided by MRED as Distributed by MLS Grid when last listed in 2022. This data may not match . Learn more.

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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 #2705

Tax history for 701 S Wells St #2705

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 #2705

More real estate resources