Check Availability
Chicago 60607 South Loop
701 S Wells Street #1704
$416,000
↓ $14K (3.2%)
Condo - For Sale

701 S Wells Street #1704

Chicago, IL 60607
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1225 Sqft
$3,579
Est. Monthly
$980
HOA / Fees
4.94%
Cap Rate

About This Property

Highly sought-after southeast corner 2BD | 2BA unit at Wells Street Tower! This spacious condo boasts an inviting open layout with a spacious living/dining room with fireplace, open kitchen with a large central island, stainless steel appliances and granite countertops. Extra-large windows and private balcony allow for the fabulous southeast views of the city skyline to be on full display - making this the perfect space for both relaxing and entertaining. The spacious primary suite offers both walk-in and linen closet. The en-suite bathroom features slate flooring, double sink vanity, shower & separate jetted bathtub. Generous second bedroom with large closet and full guest bathroom. In-unit washer/dryer and hardwood floors thru-out. Monthly asmt includes everything besides electric. Wells Street Tower is a full-amenity high-rise featuring 24-hour door-staff, recently remodeled exercise & yoga/meditation room, business center,/media room, lounge/party room, and sundeck.This Pet-friendly building (no weight limit!) is situated just steps to multiple parks including dog parks as well as the  welcomed addition - the Southbank portion of the River Walk expansion -featuring beautiful green space, walking/bike paths, and numerous areas to sit back and relax along the riverfront. Printer's Row | South Loop neighborhood offers every convenience of city living with vast array of restaurants, shopping - Target, Mariano's, Jewel, Whole Foods, Trader Joe's, Farmers Markets, so much more. Short distance to Grant Park, Lake Michigan, West Loop & the Loop. Highly convenient to public transit (All CTA lines within .03 miles | Union Station & Chicago LaSalle Metra within .05 miles) and direct highway access. Deeded garage space (#152) and storage locker included in the price!
Unit Size
1,225Ft²
Days on Market
74 days
Land Size
-
Price per sqft
$340
Property Type
Condo
Property Taxes
$556
HOA Dues
$980
Year Built
1997

Listed By

Lauren Leonardi
@properties Christie's International Real Estate
Last updated: 20 days ago (MRED MLS #12037159)

Price History

Date / Event Date Event Price
Jun 18, 2024 Price Decreased $416,000
↓ $14K (3.2%)
Price Decreased
Apr 24, 2024 Listed by @properties Christie's International Real Estate $429,900
Listed by @properties Christie's International Real Estate

Property Highlights

Elevator
Doorman
Air Conditioning
Fireplace
Parking Details
Total Number of Parking: 1
Garage Spaces: 1
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Attached
Interior Details
Bedrooms: 2
Bathrooms: 2
Full Bathrooms: 2
Interior Features: Hardwood Floors, First Floor Laundry, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
Rooms: 5
Fireplace Features: Gas Log, Gas Starter
Fireplaces: 1
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Concrete
Age: 21-25 Years
Rebuilt(Y/N): No
Parcel Number: 17164020501064
Property Type: Residential
Year Built: 2002
Roof: Rubber
No Disability Access
Special Conditions: List Broker Must Accompany
Exterior Features: Balcony, Storms/Screens, End Unit
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Financial Details
Tax Year: 2022
Tax Annual Amount: $6,670
Tax Exemptions: None
Utilities Details
Cooling: Central Air, Zoned
Heating: Natural Gas, Forced Air, Zoned
Sewer : Public Sewer
Location Details
Township: South Chicago
Corporate Limits: Chicago
Directions: Harrison to Wells St, South to building. 15 minute flasher parking in front of building.
County or Parish: Cook
Elementary School District: 299
Middle Or Junior School District: 299
High School District: 299
Other Details
Association Fee Includes: Heat, Air Conditioning, Water, Gas, Parking, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal, Internet
Association Fee: $980
Association Fee Freq: Monthly
Selling Agency Compensation: 2.5% - $495
Holds Earnest Money: Yes
Possession: Array
Some Photos Virtually Staged (Y/N): Yes

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
2 Beds
2 Baths
1,275 ft²
$304/ft²
$387,000 Sep 19, 2023
$387,000 Feb 9, 2024
$1,738/mo
Condo
2 Beds
2 Baths
1,200 ft²
$351/ft²
$421,000 Feb 27, 2024
$421,000 May 17, 2024
$1,529/mo
Condo
2 Beds
2 Baths
1,200 ft²
$338/ft²
$405,000 Dec 1, 2023
$405,000 Mar 21, 2024
$1,483/mo
Condo
2 Beds
2 Baths
1,300 ft²
$331/ft²
$430,000 Mar 8, 2024
$430,000 May 23, 2024
$1,683/mo
Condo
2 Beds
3 Baths
1,324 ft²
$355/ft²
$470,000 Aug 7, 2023
$470,000 May 28, 2024
$1,921/mo
Condo
2 Beds
2 Baths
1,290 ft²
$313/ft²
$403,500 Jan 10, 2024
$403,500 Apr 5, 2024
$1,029/mo
Condo
2 Beds
2 Baths
1,175 ft²
$340/ft²
$400,000 Jun 12, 2024
-
$1,491/mo
Condo
2 Beds
2 Baths
1,228 ft²
$362/ft²
$444,000 Jun 9, 2024
-
$1,225/mo
Condo
2 Beds
2 Baths
1,315 ft²
$323/ft²
$424,900 May 28, 2024
-
$1,113/mo
Condo
2 Beds
2 Baths
1,343 ft²
$305/ft²
$409,000 Jul 2, 2024
-
$1,257/mo
Condo
2 Beds
2 Baths
1,407 ft²
$313/ft²
$440,000 Dec 30, 2023
-
$1,223/mo
Condo
2 Beds
1 Bath
1,350 ft²
$296/ft²
$399,000 May 22, 2024
-
$848/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20240430 Unit 3205
04/30/2024
2 Bed
2 Bath
1175 ft²
$418,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1175 ft²
-
-
-
Vikas Wadhwa
Urban Living Properties, LLC
20240308 Unit 3201
03/08/2024
2 Bed
2 Bath
1300 ft²
$430,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1300 ft²
$430,000
05/23/2024
-
John Zimmers
EXIT Strategy Realty
20240227 Unit 1608
02/27/2024
2 Bed
2 Bath
1200 ft²
$430,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1200 ft²
$421,000 -2.09%
05/17/2024
-
Teddy Burns
Compass
20240125 Unit 2302
01/25/2024
2 Bed
2 Bath
1215 ft²
$399,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1215 ft²
$385,000 -3.51%
04/01/2024
Frances Mizzi
Berkshire Hathaway HomeServices Chicago
20231201 Unit 1708
12/01/2023
2 Bed
2 Bath
1200 ft²
$430,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1200 ft²
$405,000 -5.81%
03/21/2024
-
Margaret Giffin
Keller Williams Premiere Properties
20230919 Unit 3202
09/19/2023
2 Bed
2 Bath
1275 ft²
$379,500
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1275 ft²
$387,000 +1.98%
02/15/2024
Paul Ragi
@properties Christie's International Real Estate
20230916 Unit 1505
09/16/2023
2 Bed
2 Bath
1300 ft²
$389,999
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1300 ft²
$380,000 -2.56%
04/02/2024
Mary Ellen Apostolopoulos
Compass
20230908 Unit 1904
09/08/2023
2 Bed
2 Bath
1300 ft²
$365,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1300 ft²
-
-
-
Whitney Wang
Prospect Equities Real Estate
20230807 Unit 3306
08/07/2023
2 Bed
3 Bath
1324 ft²
$464,900
bedrooms
2 Bed
bathrooms
3 Bath
square feet
1324 ft²
$470,000 +1.10%
05/28/2024
-
Monica Vargas
GREAT HOMES REAL ESTATE, INC.
20230414 Unit 2303
04/14/2023
3 Bed
2.5 Bath
-
$525,000
bedrooms
3 Bed
bathrooms
2.5 Bath
$470,000 -10.48%
07/28/2023
Michael Saladino
Keller Williams Chicago ONEChicago
20230418 Unit 1905
04/18/2023
2 Bed
2 Bath
1263 ft²
$414,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1263 ft²
-
-
-
John Zimmers
EXIT Strategy Realty
20230421 Unit 2606
04/21/2023
3 Bed
2.5 Bath
1652 ft²
$525,000
bedrooms
3 Bed
bathrooms
2.5 Bath
square feet
1652 ft²
-
-
-
Lyle Harlow
EXIT Strategy Realty
20230404 Unit 1707
04/04/2023
1 Bed
1 Bath
700 ft²
$230,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
700 ft²
-
-
-
Christopher Doyle
RLTR MBA, Inc.
20221217 Unit 2101
12/17/2022
2 Bed
2 Bath
1263 ft²
$435,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1263 ft²
$20,000 -95.40%
03/30/2023
Aysen Civelek
Core Realty and Investments, Inc
20220815 Unit 904
08/15/2022
904
2 Bed
2 Bath
1100 ft²
$340,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1100 ft²
$315,000 -7.35%
02/17/2023
Coleen Karpf
Keller Williams Chicago ONEChicago
20221018 Unit 2705
10/18/2022
2 Bed
2 Bath
1263 ft²
$339,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1263 ft²
-
-
-
Mark Ahmad
CENTURY 21 Affiliated
20220822 Unit 3305
08/22/2022
2 Bed
2 Bath
1200 ft²
$355,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1200 ft²
$357,500 +0.70%
12/07/2022
Gail Spreen
Jameson Sotheby's Int'l Realty
20220915 Unit 1606
09/15/2022
1 Bed
1 Bath
837 ft²
$239,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
837 ft²
-
-
-
Jeannette Pawula
Compass
20220824 Unit 2606
08/24/2022
3 Bed
2.5 Bath
1652 ft²
$625,000
bedrooms
3 Bed
bathrooms
2.5 Bath
square feet
1652 ft²
$540,000 -13.60%
07/06/2023
Lyle Harlow
Kale Realty
20220518 Unit 2002
05/18/2022
2 Bed
2 Bath
1215 ft²
$369,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1215 ft²
$364,000 -1.36%
10/05/2022
Veronica Rodriguez
Redfin Corporation
20220319 Unit 1207
03/19/2022
1 Bed
1 Bath
-
$210,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Matt Laricy
Americorp Ltd-Matt Laricy Group
20220422 Unit 2205
04/22/2022
2 Bed
2 Bath
1200 ft²
$375,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1200 ft²
-
-
-
Cheena Chandra
Jameson Sotheby's International Realty
20220110 Unit 2705
01/10/2022
2 Bed
2 Bath
1263 ft²
$399,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1263 ft²
-
-
-
Mark Ahmad
CENTURY 21 Affiliated
20220321 Unit 2104
03/21/2022
2 Bed
2 Bath
1300 ft²
$384,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1300 ft²
-
-
-
Kevin Hinton
Keller Williams ONEChicago
20220215 Unit 1705
02/15/2022
2 Bed
2 Bath
1300 ft²
$359,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1300 ft²
-
-
-
Matthew Liss
Mark Allen Realty, LLC
20211202 Unit 1602
12/02/2021
1 Bed
1 Bath
930 ft²
$229,900
bedrooms
1 Bed
bathrooms
1 Bath
square feet
930 ft²
-
03/03/2022
Michael Glenn
Village Realty, Inc.
20211024 Unit 1908
10/24/2021
2 Bed
2 Bath
-
$419,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
Santiago Valdez
Compass
20210512 Unit 1207
05/12/2021
1 Bed
1 Bath
-
$225,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Matt Laricy
Americorp Ltd-Matt Laricy Group
20210805 Unit 1002
08/05/2021
1 Bed
1 Bath
960 ft²
$275,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
960 ft²
-
-
-
Jodi Dougherty
Cross Street Real Estate
20210706 Unit 3206
07/06/2021
3 Bed
3 Bath
1652 ft²
$599,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1652 ft²
-
02/14/2022
Emily Smart LeMire
Compass
20210622 Unit 1105
06/22/2021
2 Bed
2 Bath
1290 ft²
$355,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1290 ft²
$350,000 -1.41%
09/01/2021
Cheena Chandra
Jameson Sotheby's Int'l Realty
20210614 Unit 1407
06/14/2021
1 Bed
1 Bath
-
$205,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Aaron Gill
Elliman
20201014 Unit 905
10/14/2020
905
2 Bed
2 Bath
1350 ft²
$370,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1350 ft²
$320,000 -13.51%
08/18/2021
Jose Martinez
20210224 Unit 2601
02/24/2021
2 Bed
2 Bath
1263 ft²
$399,999
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1263 ft²
$392,000 -2.00%
04/19/2021
Mark Glusker
20201112 Unit 3401
11/12/2020
3 Bed
3 Bath
4000 ft²
$1,699,900
bedrooms
3 Bed
bathrooms
3 Bath
square feet
4000 ft²
$1,500,000 -11.76%
08/25/2021
Matthew Liss
20200414 Unit 1504
04/14/2020
2 Bed
2 Bath
1200 ft²
$359,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1200 ft²
-
-
-
-
20191001 Unit 2202
10/01/2019
2 Bed
2 Bath
1215 ft²
$389,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1215 ft²
-
-
-
-
20190722 Unit 1408
07/22/2019
2 Bed
2 Bath
-
$299,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
-
20190503 Unit 1007
05/03/2019
1 Bed
1 Bath
700 ft²
$224,500
bedrooms
1 Bed
bathrooms
1 Bath
square feet
700 ft²
$210,000 -6.46%
07/31/2019
Stefanie D'Agostino
20190411 Unit 1904
04/11/2019
2 Bed
2 Bath
-
$359,900
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
-
20190313 Unit 902
03/13/2019
902
1 Bed
1 Bath
960 ft²
$224,900
bedrooms
1 Bed
bathrooms
1 Bath
square feet
960 ft²
-
-
-
-
20190116 Unit 1908
01/16/2019
2 Bed
2 Bath
-
$375,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
-
20181008 Unit 1405
10/08/2018
2 Bed
2 Bath
1263 ft²
$349,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1263 ft²
-
-
-
-
20181017 Unit 2802
10/17/2018
2 Bed
2 Bath
1275 ft²
$379,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1275 ft²
-
-
-
-
20180821 Unit 2002
08/21/2018
2 Bed
2 Bath
1215 ft²
-
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1215 ft²
-
-
-
-
20180825 Unit 1608
08/25/2018
2 Bed
2 Bath
1250 ft²
-
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1250 ft²
-
-
-
-
20180916 Unit 905
09/16/2018
905
2 Bed
2 Bath
1300 ft²
-
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1300 ft²
-
-
-
-
20180825 Unit 2005
08/25/2018
2 Bed
2 Bath
1175 ft²
-
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1175 ft²
-
-
-
-
20180711 Unit 1408
07/11/2018
2 Bed
2 Bath
-
$339,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
-

Building Info

701 South Wells Street 701 South Wells Street, Chicago, IL 60607
  • 3 Units for Sale
More about this Building
701 South Wells Street
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