1 month free rent with 18 month lease! 1 bed 1 bath loft with MASSIVE, 300+ sq ft walkout terrace with views of downtown. Nicely updated unit features hardwood floors, central heat and a/c, in unit washer dryer and floor to ceiling windows. Upgraded kitchen with 42" cabinets, granite countertops and stainless steel appliances. Living space opens to huge 300+ sq ft terrace with north east views of downtown. A great, and rare extension of exterior living space! Fantastic, urban location is just steps from south branch of the river and the financial district of the loop. Easy access to all expressways and public transit. Building amenities are literally out your front door, with fitness and stretching rooms, business center, sun deck, and party lounge across the hall on the 8th floor. Building also has doorman, bike room and storage. Heat, internet, cable included in rent. Tenant just pays for electric and extended cable. Price advertised is reflective of 1 month free on an 18 month lease. Please note that the market rent stated on lease is $2100/mo. Tenant will receive 2nd full month at $0 rent. 1st month's rent due upon lease signing. Rent will not be prorated. No security deposit. $500 non refundable move-in fee to unit owner. Tenant responsible for all move in/out fees and/or deposits charged by association. Sorry, no pets. Available immediately pending HOA approval on move in date.
The Loop, located between the Chicago River and Ida B. Wells Drive, is a commercial and cultural Chicago neighborhood with a canyon of skyscrapers and a lattice of elevated train tracks. The neighborhood’s character concentrates at State Street and Madison Street, where theater marquees, lunch counters, and storefront windows play against the rumble of the “L.” The Chicago Theatre, the Art Institute of Chicago, and the Chicago Cultural Center anchor its civic rhythm. Landmark towers like the Rookery Building and the Monadnock Building set a Chicago School backdrop of stone, steel, and light courts. Pedestrian corridors thread through Daley Plaza, the Riverwalk edge, and Grant Park’s formal greens. After-hours, galleries, concert halls, and late trains keep the streets in motion.
Provided by Walk Score and Local Logic
Historical weather
Chicago, IL • 60607
Average low and high temperatures (°F)
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17
39
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55
36
62
45
68
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81
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86
72
81
68
78
63
66
54
52
40
38
24
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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
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.
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Based on information submitted to the MLS GRID as of Wed Nov 11 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-11-11T03:10:08.435Z
701 S Wells St is a 668 square foot property with 1 bedrooms and 1 bathrooms. 701 S Wells St is located in Chicago, the 60607 zipcode, and the Chicago Public Schools.