This home's estimate is 142.4% higher than the average sale price ($683K) of 6 comparable homes.
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701 S Wells St #3401, Chicago, IL 60607
About this home
Welcome to Wells Street Tower Penthouse 1. This spectacular unit offers City, Chicago River and Lake Michigan views with a fantastic floorplan. A gracious foyer welcomes you to the space, the floor to ceiling windows drench the unit with light and capturing views. The open concept floorplan is wonderful for entertaining or just relaxing at home. The kitchen features fantastic storage and counter space. Dual ovens, 4 burner cooktop with griddle will keep the chef and weekend warrior cooks impressed. Dedicated dining space with designer lighting and banquet space. Massive living room with two sided fireplace which meets your casual family room. Outdoor patio is accessed from all rooms as well as the Guest Bedrooms. Primary suite is tucked away for privacy and is massive. Featuring lake views for amazing sunrises and Lakefront Fireworks. Automated blinds keep the space dark and private when needed. Office or sitting area in Primary bed as well. Two sided Walk in closet outfitted with built in storage. Primary bath is spa like with walk in shower, jacuzzi soaking tub, dual vanities and a private commode and bidet. Guest bed 2&3 are on the opposite side of this unit with a full bath servicing them. Tasteful decor and style throughout this thoughtfully designed home. Sophisticated audio, lighting and smart home technology. Unit offers fantastic storage in unit plus additional storage spaces outside the unit. 4 parking spaces available for sale. This unit stretches 4,000 sqft and sits in a wonderful Location - Printers Row/South Loop offers entertainment, City access and transportation within blocks.
Redfin Estimate
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Market trends in The Loop, IL
Last updated October 2026
Buyer's Market
Seller's Market
Balanced market
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- OPEN SAT, 11AM TO 12:30PM
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Provided by Redfin
Sale history for 701 S Wells St #3401
$375/sq ft
$375/sq ft
$375/sq ft
$400/sq ft
Tax history for 701 S Wells St #3401
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- # Of Cars: 4
- # of Garage Spaces: 4
- Parking: Garage
- Garage Ownership: Deeded Sold Separately
- Garage On-Site: Yes
- Garage Type: Attached
- Garage Details: Garage Door Opener(s)
- Deeded Garage Cost: $30,000
Interior
- Bathroom Information
- # of Baths (Full): 2
- # of Baths (1/2): 1
- Bath Amenities: Whirlpool,Separate Shower,Handicap Shower,Double Sink,Bidet,Soaking Tub
- Bedroom Information
- # of Bedrooms: 3
- # of Bedrooms Possible: 3
- Additional Rooms Information
- Office, Foyer
- Dining Room: Combined w/ LivRm
- Basement Description: None
- Laundry Features: In Unit
- Interior Features
- Interior Features: Bar-Dry, Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage
- # of Rooms: 8
- Equipment
- Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Freezer, Washer, Dryer, Disposal, Cooktop, Range Hood
- Humidifier, TV-Cable, Security System, CO Detectors
- Fireplace Information
- # of Fireplaces: 2
- Fireplace Location: Family Room,Master Bedroom
- Fireplace Features: Double Sided, Gas Starter
Exterior
- Exterior Features
- Exterior Features: Balcony, Deck, Storms/Screens, End Unit
- Building Information
- # Of Units in Building: 170
- Living Area Source: Builder
- Exterior Building Type: Stone,Concrete
- Age: 21-25 Years
- Built Before 1978 (Y/N): No
- Foundation Details: Concrete Perimeter
- Property Information
- Property Type: Attached Single
- Property Type: Condo, Penthouse
- Ownership: Condo
- Property Currently Being Leased: No
- Rebuilt (Y/N): No
- Rehab (Y/N): No
- Parcel Number: 17164020501170
- Lot Information
- Dimensions: COMMON
- Lot Features: Water View
Financial
- Tax Information
- Tax Annual Amount: $17,797.16
- Tax Year: 2019
- Tax Exemptions: Homeowner
- Financial Information
- Finance Code: Conventional
- Special Service Area: N
Utilities
- Utility Information
- Water Source: Lake Michigan
- Sewer: Public Sewer
- Electric: 200+ Amp Service
- Heating & Cooling
- Heating: Natural Gas, Forced Air
- Cooling: Central Air, Zoned
Location
- Community Information
- Management: Manager On-site,Monday through Friday
- Pets Allowed (Y/N): Yes
- Pets Allowed: Cats OK, Dogs OK
- Max Pet Weight: 999
- Homeowners Association Information
- Association Fee: $1,603
- Association Fee Frequency: Monthly
- Association Fee Includes: Heat, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger
- Master Association Fee Frequency: Not Required
- Association Amenities: Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Receiving Room, 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
- Location Information
- Unit Floor Level: 34
- Township: North Chicago
- Corporate Limits: Chicago
- Directions: WELLS SOUTH TO HARRISON 15 MIN PKG IN FRONT
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: —
- Style: Condo/Co-op
- Year Built: —
- Year Renovated: —
- County: Cook County
- APN: 17164020501170
Other
- Listing Information
- Holds Earnest Money: No
- Possession: Closing
About this building
| $465,000 | 2 beds | 2.5 baths | 1324 sq ft |
Around this home
Schools
Public PreK-8 • Assigned • 1.0mi
Public 9-12 • Assigned • 3.5mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 100° expected this year, 14 days in 30 years
0% chance of strong winds in next 30 years
3 unhealthy days expected this year, 4 days in 30 years
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.
Nearby similar homes
New listings for sale in 60607
Home values near 701 S Wells St #3401
| Address | Redfin Estimate |
|---|---|
2 Beds | 2 Baths | 1263 Sq. Ft. | $490,442 |
2 Beds | 2 Baths | 1200 Sq. Ft. | $380,326 |
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | 1263 Sq. Ft. | $414,029 |
3 Beds | 2.5 Baths | 1652 Sq. Ft. | $600,261 |
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | 700 Sq. Ft. | $267,858 |
2 Beds | 2 Baths | 1200 Sq. Ft. | $444,592 |
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