Experience elevated city living in this beautifully renovated corner residence at Wells Street Tower, ideally situated in the heart of Historic Printers Row. The true showpiece of this exceptional home is the massive wraparound terrace-an incredibly rare outdoor retreat that seamlessly extends the living space and offers breathtaking southeast skyline and city views. Whether enjoying your morning coffee, hosting unforgettable gatherings, or simply taking in the skyline, this expansive terrace delivers a lifestyle few residences can match. Inside, the thoughtfully designed open-concept floor plan is flooded with natural light through oversized windows and showcases newly refinished flooring, fresh trim, and a cozy fireplace anchoring the spacious living and dining areas. The stunning, fully renovated kitchen was designed with both style and functionality in mind, featuring custom cabinetry, new countertops, an oversized island with seating, abundant storage, and a complete suite of brand-new stainless steel appliances. The spacious primary suite offers a luxurious retreat with a spa-inspired en-suite bath featuring a double vanity, whirlpool tub, and separate walk-in shower. A generously sized second bedroom provides the flexibility for guests, a home office, or both, and is serviced by an additional full bathroom. Additional upgrades include in-unit laundry with a brand-new washer and dryer. One assigned deeded garage parking space is available for an additional $40,000, with room to accommodate up to two or three vehicles depending on size-a rare convenience in the city. Perfectly positioned just moments from the CTA, Metra, Grant Park, the lakefront, world-class dining, shopping, and everything downtown Chicago has to offer, this exceptional residence combines luxury finishes, an unbeatable location, and an extraordinary wraparound terrace to create a truly one-of-a-kind opportunity in Printers Row.
CondoProperty Type
2002Year Built
$333Price/Sq.Ft.
$1,166/moHOA Dues
2 car garageParking
Listed by Robert Grilli• Jameson Sotheby's Intl Realty
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
Market insights
701 S Wells St #804 · $399,999
DAYS ON MARKET
72 days
The average home goes pending in 49 days.
SALE-TO-LIST
100.2%
Most homes are selling 0% above list price.
LIST PRICE
$399,999
Median sale price in this area is $329,349. (18% lower than this home)
PRICE DROP
0 price drops
11% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Storage
Ceiling fan(s)
One fireplace located in the living room
Five total rooms
Bedrooms
Two bedrooms (both on the main level)
Master bedroom on the main level
Bathrooms
Two full bathrooms
Bathrooms include a whirlpool, separate shower, and double sink
Kitchen
Island kitchen
Range
Microwave
Dishwasher
Refrigerator
Laundry & utility
Washer and dryer included
Washer hookup in unit
In-unit laundry
Flooring
Hardwood flooring throughout main living areas and bedrooms
Heating & cooling
Natural gas heating
Central air conditioning
Exterior features
Patio
Common lot/dimensions
Home design
Attached single condo
Entry on the 8th level
Rehab completed in 2022
Building constructed approximately 21–25 years ago
Parking
Deeded attached garage
Concrete garage
Two garage spaces (two total parking spaces)
Deeded garage cost of $40,000
Construction
Glass and concrete construction
Utilities
Water source: Lake Michigan
Public sewer
HOA & community
Monthly association fee of $1,166
Association fee covers heat, air conditioning, water, electricity, gas, parking, insurance, TV/cable, exercise facilities, exterior maintenance, trash removal, snow removal, and internet
On-site manager
Association amenities include bike room/trails, door person, exercise room, storage, on-site manager/engineer, party room, and sundeck
Pets allowed (cats and dogs permitted; large maximum pet weight listed)
Financial info
Special service area: No
Other
Manager on-site for the community
Electricity and solar
View estimated energy costs and solar savings for this home
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)
31
17
39
25
55
36
62
45
68
53
81
66
86
72
81
68
78
63
68
53
52
40
38
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 4% for direct sun exposure in Chicago. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.8 hrs
4.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 701 S Wells St #804
$394,331
$5,668 under list price of $400K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $380K to $640K.