OFF MARKET

Off market oct 2024 for $505K

$601,197

•

1,652

sq ft

701 S Wells St #2706, Chicago, IL 60607

About this home

Stunning, spacious, light-filled corner unit at Wells Street Tower with breathtaking unobstructed city and river views! This 3 BR/2.1 bath home has the perfect flow for entertaining with a separate dining area off the kitchen and living room. Cozy fireplace for movie night & large balcony to enjoy the beautiful city views. Hardwood floors in main living area, custom blinds throughout. Kitchen has stainless appliances, granite counters, and large island with breakfast bar. In-unit side by side washer/dryer. HOA dues cover: Heat, AC, Gas, Cable, Internet/Wi-Fi, water, 24 hour door staff, fitness room, resident lounge, yoga studio, party room, bike storage and sundeck--incredible management onsite. Just around the corner from British School, Loop, trains and Roosevelt Road shopping and dining. Pet friendly building with no pet weight limit. Photographs are virtually staged. Parking space $25,000.

CondoProperty Type

2002Year Built

$364Est. Price/Sq.Ft.

1 car garageParking

Listed by Lyle Harlow • EXIT Strategy Realty

Bought with Brian Murphy • Dream Town Real Estate

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #12119673

Redfin Estimate

$601,197

$96K since sold in October 2024$19K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 12% 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

$182,741

Est. take-home

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Rent

$4,341/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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2 beds2 baths— sq ft
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LISTED BY REDFIN
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See all

Provided by Redfin

Sale history for 701 S Wells St #2706

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Year

Property tax

Land + Additions

Assessment*

2023

$9,478 (+2.6%)

$1,652 + $45,608

$47,260

2022

$9,240 (+2.3%)

$1,331 + $43,591

$44,922

2021

$9,033 (−2.3%)

$1,331 + $43,591

$44,922

2020

$9,250 (+1.8%)

$1,206 + $40,316

$41,522

2019

$9,090 (+1.7%)

$1,206 + $44,038

$45,244

2018

$8,937 (+11.3%)

$1,206 + $44,038

$45,244

2017

$8,030 (+7.5%)

$998 + $36,303

$37,301

2016

$7,471 (+9.3%)

$998 + $36,303

$37,301

2015

$6,835 (+15.2%)

$998 + $36,303

$37,301

2014

$5,931 (+2.0%)

$919 + $31,049

$31,968

2013

$5,814 (+1.4%)

$919 + $31,049

$31,968

2012

$5,737 (+5.0%)

$919 + $31,049

$31,968

2011

$5,464 (−8.8%)

$1,081 + $32,639

$33,720

2010

$5,990 (−1.0%)

$1,081 + $35,729

$36,810

2009

$6,053 (+1.1%)

$1,081 + $37,736

$38,817

2008

$5,985 (+1.0%)

$116 + $41,604

$41,720

2007

$5,925

$116 + $41,604

$41,720

Tax history for 701 S Wells St #2706

Year

Property tax

Land + Additions

Assessment*

2023

$9,478 (+2.6%)

$1,652 + $45,608

$47,260

2022

$9,240 (+2.3%)

$1,331 + $43,591

$44,922

2021

$9,033 (−2.3%)

$1,331 + $43,591

$44,922

2020

$9,250 (+1.8%)

$1,206 + $40,316

$41,522

2019

$9,090 (+1.7%)

$1,206 + $44,038

$45,244

2018

$8,937 (+11.3%)

$1,206 + $44,038

$45,244

2017

$8,030 (+7.5%)

$998 + $36,303

$37,301

2016

$7,471 (+9.3%)

$998 + $36,303

$37,301

2015

$6,835 (+15.2%)

$998 + $36,303

$37,301

2014

$5,931 (+2.0%)

$919 + $31,049

$31,968

2013

$5,814 (+1.4%)

$919 + $31,049

$31,968

2012

$5,737 (+5.0%)

$919 + $31,049

$31,968

2011

$5,464 (−8.8%)

$1,081 + $32,639

$33,720

2010

$5,990 (−1.0%)

$1,081 + $35,729

$36,810

2009

$6,053 (+1.1%)

$1,081 + $37,736

$38,817

2008

$5,985 (+1.0%)

$116 + $41,604

$41,720

2007

$5,925

$116 + $41,604

$41,720

*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

17164020501132

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 16, 2026.

Property details

Parking

Parking Information
# of Garage Spaces: 1
# of Parking (Total): 1

Interior

Bathroom Information
# of Baths (Full): 2
# of Baths (1/2): 1
Bath Amenities: European Shower,Soaking Tub

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

Room Information
Room Type: Bedroom 2
Level: Main
Dimensions: 12 x 11
Window Treatments: Blinds
Flooring: Carpet

Room Information
Room Type: Bedroom 3
Level: Main
Dimensions: 13 x 14
Window Treatments: Blinds
Flooring: Carpet

Room Information
Room Type: Bedroom 4

Room Information
Room Type: Dining Room
Level: Main
Dimensions: 7 x 11
Window Treatments: Blinds
Flooring: Hardwood

Room Information
Room Type: Family Room

Room Information
Room Type: Kitchen
Type: Eating Area-Breakfast Bar,Island,Granite Counters
Level: Main
Dimensions: 15 x 10
Flooring: Hardwood

Room Information
Room Type: Laundry

Room Information
Room Type: Living Room
Level: Main
Dimensions: 15 x 21
Window Treatments: Blinds
Flooring: Hardwood

Room Information
Room Type: Master Bedroom
Level: Main
Dimensions: 20 x 14
Window Treatments: Blinds
Flooring: Carpet
Bath: Full,Double Sink,Tub & Separate Shwr

Additional Rooms Information
Dining Room: Combined w/ LivRm,L-shaped
Laundry Features: Electric Dryer Hookup, In Unit, Laundry Closet

Interior Features
Interior Features: Storage
# of Rooms: 6

Equipment
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
TV-Cable

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
Age: 21-25 Years
Built Before 1978 (Y/N): No
Foundation Details: Concrete Perimeter
Construction Materials: Brick, Concrete

Property Information
Property Type: Attached Single
Property Type: Condo, High Rise (7+ Stories)
Model: 06 TIER
Ownership: Condo
Property Currently Being Leased: No
Rebuilt (Y/N): No
Rehab (Y/N): No
General Information: Commuter Bus,Commuter Train,Interstate Access
Parcel Number: 17164020501132
Additional Parcels Description: 17164020501266

Lot Information
Dimensions: COMMON
Lot Features: Common Grounds
Zero Lot Line: No

Financial

Tax Information
Tax Annual Amount: $9,794.12
Tax Year: 2023

Financial Information
Finance Code: Conventional
Special Service Area: N

Utilities

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

Heating & Cooling
Heating: Forced Air, Zoned
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: 100

Homeowners Association Information
Association Fee: $1,390
Association Fee Frequency: Monthly
Association Fee Includes: Heat, Air Conditioning, Water, Gas, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal
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), Business Center

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

Location Information
Subdivision Name: Wells Street Tower
Township: South Chicago
Corporate Limits: Chicago
Directions: Harrison to Wells Street, south to 701. There is a 30 minute flasher zone in front of 701, and another in front of River City.

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: 17164020501132

Home facts updated by county records on Sep 16, 2026

Other

Listing Information
Holds Earnest Money: Yes
Possession: Closing
Some Photos Virtually Staged?: Yes

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

$572,000 – $692,000

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Home values near 701 S Wells St #2706

Data from public records.

Address	Redfin Estimate
701 S Wells Street Unit 1503, Chicago, IL 1 Beds \| 1 Baths \| 787 Sq. Ft.	$256,676
701 S Wells Street Unit 2606, Chicago, IL 3 Beds \| 2.5 Baths \| 1652 Sq. Ft.	$634,171

Address	Redfin Estimate
701 S Wells Street Unit 2403, Chicago, IL 3 Beds \| 2.5 Baths \| 1700 Sq. Ft.	$671,044
701 S Wells Street Unit 2902, Chicago, IL 2 Beds \| 2 Baths \| 1215 Sq. Ft.	$391,109

Address	Redfin Estimate
701 S Wells Street Unit 1905, Chicago, IL 2 Beds \| 2 Baths \| 1263 Sq. Ft.	$452,413
701 S Wells Street Unit 2001, Chicago, IL - Beds \| - Baths \| 1263 Sq. Ft.	$413,656

Property information provided by MRED as Distributed by MLS Grid when last listed in 2024. 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 #2706

Tax history for 701 S Wells St #2706

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 #2706

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