Welcome home to 701 S. Wells Unit 2601, a spectacularly chic corner unit in a full amenity building, located in the heart of the South Loop. This 2 bedroom 2 bath unit boasts unobstructed views of the city, lake and river, which can be enjoyed from two window walls and your private balcony. Spacious, elegant, and updated, the condo has an ideal layout with open loft vibes in the main living space, and split/fully enclosed bedrooms. The kitchen features a 2021 $6,000 Samsung stainless steel appliance package, custom backsplash, new stainless sink and touchless faucet. New owner will enjoy hardwood floors in main living area, Hunter Douglas electric blinds, in-unit laundry, and a separate area for your dining room table with gorgeous city views. Assessments include gas for heat and cooking, hot water, Internet, Wi-Fi, Cable/TV and air conditioning! Deeded garage parking spot included in price. Building amenities and lobby were remodeled last year and residents enjoy a stylish party room and terrace, yoga room, full gym, library, bike room, and storage locker, as well as 24/7 front desk service and onsite management/engineer. Walking distance to CTA, Loop, Metra, Lakefront, Marianos, Jewel, Target, Trader Joes, and plenty of dining options. Multi Million dollar Chicago Riverwalk project and park well underway right across the street from your home, all the way down to 18th street!
Closed
$425,000
701 S Wells St APT 2601, Chicago, IL 60607
2beds
1,263sqft
Condominium, Single Family Residence
Built in 2002
-- sqft lot
$422,100 Zestimate®
$337/sqft
$3,061 Estimated rent
Home value
$422,100
$397,000 - $447,000
$3,061/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: April 11, 2023 at 12:46pm
Listing courtesy of:
Jennefer Folsom 312-533-0749,
@properties Christie's International Real Estate
Bought with:
Michelle Welch
Compass
Source: MRED as distributed by MLS GRID,MLS#: 11721691
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Flooring (Hardwood), Window Treatments (Blinds), Bathroom (Full)
- Level: Main
- Area: 169 Square Feet
- Dimensions: 13X13
Bedroom 2
- Features: Flooring (Hardwood), Window Treatments (Blinds)
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12X12
Balcony porch lanai
- Level: Main
- Area: 44 Square Feet
- Dimensions: 11X4
Dining room
- Features: Flooring (Hardwood), Window Treatments (Blinds)
- Level: Main
- Area: 72 Square Feet
- Dimensions: 9X8
Foyer
- Features: Flooring (Hardwood)
- Level: Main
- Area: 88 Square Feet
- Dimensions: 11X8
Kitchen
- Features: Kitchen (Island), Flooring (Hardwood)
- Level: Main
- Area: 135 Square Feet
- Dimensions: 15X9
Living room
- Features: Flooring (Hardwood), Window Treatments (Blinds)
- Level: Main
- Area: 336 Square Feet
- Dimensions: 24X14
Walk in closet
- Features: Flooring (Hardwood)
- Level: Main
- Area: 36 Square Feet
- Dimensions: 6X6
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
- Laundry: Washer Hookup, In Unit
Features
- Walk-In Closet(s), Open Floorplan
- Flooring: Hardwood
- Windows: Screens
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Gas Log, Living Room
Interior area
- Total structure area: 0
- Total interior livable area: 1,263 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage Door Opener, On Site, Garage Owned, Attached, Garage
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Exterior features: Balcony, Dog Run
Details
- Additional parcels included: 17164020501263
- Parcel number: 17164020501121
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
Materials
- Glass, Stone, Concrete
Condition
- New construction: No
- Year built: 2002
Details
- Builder model: 01 - NE CORNER
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & neighborhood
Location
- Region: Chicago
- Subdivision: Wells Street Tower
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $973 monthly
- Amenities included: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Receiving Room, Security Door Lock(s), Service Elevator(s), Valet/Cleaner, Business Center
- Services included: Heat, Air Conditioning, Water, Gas, Insurance, Doorman, Cable TV, Clubhouse, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
Other
Other facts
- Listing terms: Cash
- Ownership: Condo
Price history
| Date | Event | Price |
|---|---|---|
| 4/11/2023 | Sold | $425,000+1.2%$337/sqft |
Source:  MRED as distributed by MLS GRID #11721691 Report a problem | ||
| 3/9/2023 | Pending sale | $420,000$333/sqft |
Source: MRED as distributed by MLS GRID #11721691 Report a problem | ||
| 2/23/2023 | Contingent | $420,000$333/sqft |
Source: MRED as distributed by MLS GRID #11721691 Report a problem | ||
| 2/18/2023 | Listed for sale | $420,000+7.1%$333/sqft |
Source: MRED as distributed by MLS GRID #11721691 Report a problem | ||
| 4/12/2021 | Sold | $392,000+4.4%$310/sqft |
Source: MRED as distributed by MLS GRID #11003243 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $6,777 -7% | $35,436 |
| 2022 | $7,289 +12.9% | $35,436 |
| 2021 | $6,456 -2.3% | $35,436 +8.2% |
Find assessor info on the county website
Neighborhood: South Loop
Nearby schools
GreatSchools rating
- 9/10South Loop Elementary SchoolGrades: PK-8Distance: 0.5 mi
- 1/10Phillips Academy High SchoolGrades: 9-12Distance: 3.4 mi
Schools provided by the listing agent
- Elementary: South Loop Elementary School
- Middle: South Loop Elementary School
- High: Phillips Academy High School
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$422,100