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  5. 701 S Wells St
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701 S Wells St

701 S Wells St Unit 2801, Chicago, IL, 60607

YEAR BUILT

2002

# STORIES

35

# TOTAL UNITS

128

UNIT SIZE RANGE

600-4,000 sqft

Description

701 S Wells St is located in the Printers Row/South Loop neighborhood of Chicago. It sits at the intersection of S Wells St and W Polk St. A key highlight is its proximity to the Chicago River. The building provides great views, focusing on both the water and the skyline. The high-rise building, built in 2002, has 35 stories, housing a total of 124 units. Unit sizes vary, ranging from 600 to 4,000 square feet. This offers potential buyers a choice of 1 to 4 bedrooms. Price points for units fall between $1,500,000 and $1,605,000. The lowest sold price in the last year was around $345,000, with an average closed price of $438,410. The average price per square foot stands at $318. Amenities in the building enhance daily living. A 24-hour door staff offers security and assistance. There’s a fitness center and a yoga room for health enthusiasts. Residents can enjoy an indoor pool, sundeck, and even a business center. The community also features a receiving room, party room, and bike trails. Parking options include garage parking. Units typically come with in-unit washer and dryer. Some units might have floor-to-ceiling windows or private balconies. Spacious kitchens often include oversized islands, and gas fireplaces might add a touch of comfort during colder months. Nearby points of interest include Dollop Coffee Co, East Coast Pantry, and the Roosevelt Collection. Local landmarks like Grant Park and major grocery stores, including Whole Foods and Trader Joe's, are easily accessible. The area’s mix of urban amenities and nature creates a vibrant lifestyle for residents. The property sits in a lively neighborhood while offering a peaceful retreat from the city bustle.

Building ImageMLS ID #12307488
Building ImageMLS ID #12549324
Building Image
Building ImageView Listing

701 S Wells St

701 S Wells St Unit 2801, Chicago, IL, 60607

YEAR BUILT

2002

# STORIES

35

# TOTAL UNITS

128

UNIT SIZE RANGE

600-4,000 sqft

Description

701 S Wells St is located in the Printers Row/South Loop neighborhood of Chicago. It sits at the intersection of S Wells St and W Polk St. A key highlight is its proximity to the Chicago River. The building provides great views, focusing on both the water and the skyline. The high-rise building, built in 2002, has 35 stories, housing a total of 124 units. Unit sizes vary, ranging from 600 to 4,000 square feet. This offers potential buyers a choice of 1 to 4 bedrooms. Price points for units fall between $1,500,000 and $1,605,000. The lowest sold price in the last year was around $345,000, with an average closed price of $438,410. The average price per square foot stands at $318. Amenities in the building enhance daily living. A 24-hour door staff offers security and assistance. There’s a fitness center and a yoga room for health enthusiasts. Residents can enjoy an indoor pool, sundeck, and even a business center. The community also features a receiving room, party room, and bike trails. Parking options include garage parking. Units typically come with in-unit washer and dryer. Some units might have floor-to-ceiling windows or private balconies. Spacious kitchens often include oversized islands, and gas fireplaces might add a touch of comfort during colder months. Nearby points of interest include Dollop Coffee Co, East Coast Pantry, and the Roosevelt Collection. Local landmarks like Grant Park and major grocery stores, including Whole Foods and Trader Joe's, are easily accessible. The area’s mix of urban amenities and nature creates a vibrant lifestyle for residents. The property sits in a lively neighborhood while offering a peaceful retreat from the city bustle.

Next

Description

701 S Wells St is located in the Printers Row/South Loop neighborhood of Chicago. It sits at the intersection of S Wells St and W Polk St. A key highlight is its proximity to the Chicago River. The building provides great views, focusing on both the water and the skyline. The high-rise building, built in 2002, has 35 stories, housing a total of 124 units. Unit sizes vary, ranging from 600 to 4,000 square feet. This offers potential buyers a choice of 1 to 4 bedrooms. Price points for units fall between $1,500,000 and $1,605,000. The lowest sold price in the last year was around $345,000, with an average closed price of $438,410. The average price per square foot stands at $318. Amenities in the building enhance daily living. A 24-hour door staff offers security and assistance. There’s a fitness center and a yoga room for health enthusiasts. Residents can enjoy an indoor pool, sundeck, and even a business center. The community also features a receiving room, party room, and bike trails. Parking options include garage parking. Units typically come with in-unit washer and dryer. Some units might have floor-to-ceiling windows or private balconies. Spacious kitchens often include oversized islands, and gas fireplaces might add a touch of comfort during colder months. Nearby points of interest include Dollop Coffee Co, East Coast Pantry, and the Roosevelt Collection. Local landmarks like Grant Park and major grocery stores, including Whole Foods and Trader Joe's, are easily accessible. The area’s mix of urban amenities and nature creates a vibrant lifestyle for residents. The property sits in a lively neighborhood while offering a peaceful retreat from the city bustle.

701 S Wells St Market Stats Last 12 months

Avg. Listed Price$386,615($310/Sqft.)

Avg. Sale Price$422,612($319/Sqft.)
Year over year list priceUp Arrow0.10%

Year over year sale priceUp Arrow 6.21%
Total Listings10 Listed

Total sold9 Sold
Average Days on Market72 days

Average HOA fees per sqft$2 /monthly
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Market Stats

Year over year list priceUp Arrow0.10%

Year over year sale priceUp Arrow6.21%
Total Listings10 Listed

Total sold9 Sold
Average Days on Market72 days

Average HOA fees per sqft$2 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

High
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Medium
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

701 S Wells St Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 340134014000331772021-07-09
MLS#: 10969659
Closed$1,500,000
Unit 33033303169222562020-07-09
MLS#: 10714243
Closed$612,500
Unit 340034004000432562010-07-30
MLS#: 07381312
Closed$1,605,000
Unit 3303
3303

2 Beds

2 Baths

1692 sqft


DateStatusPrice
2020-07-09Closed$612,500
MLS#: 10714243
Days On Market56
Unit 3400
3400

4 Beds

3 Baths

4000 sqft


DateStatusPrice
2010-07-30Closed$1,605,000
MLS#: 07381312
Days On Market256
Unit 3401
3401

3 Beds

3 Baths

4000 sqft


DateStatusPrice
2021-07-09Closed$1,500,000
MLS#: 10969659
Days On Market177
View Complete Unit Listing HistorySource By: MRED

Amenities

What makes 701 S Wells St a standout choice are the fantastic amenities available to residents. Imagine starting your day with a swim in the indoor pool or gearing up for the day in the well-equipped exercise room. You can even enjoy a relaxing evening in the spa or hot tub. If you’re someone who loves social gatherings, the party room and sun deck offer perfect spots for entertaining friends. The building also features a business center for those who may work from home or need a quiet place to focus. Plus, with a convenient commissary and valet services, daily tasks become a breeze.

Next

Amenities Description

What makes 701 S Wells St a standout choice are the fantastic amenities available to residents. Imagine starting your day with a swim in the indoor pool or gearing up for the day in the well-equipped exercise room. You can even enjoy a relaxing evening in the spa or hot tub. If you’re someone who loves social gatherings, the party room and sun deck offer perfect spots for entertaining friends. The building also features a business center for those who may work from home or need a quiet place to focus. Plus, with a convenient commissary and valet services, daily tasks become a breeze.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
Check Icon
Visitors Parking
Visitors Parking
Next

Amenities

Water View

Water View

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Health Club

Health Club

Indoor Pool

Indoor Pool

Door Person

Door Person

Security

Security

Security Door Lock(s)

Security Door Lock(s)

Sundeck

Sundeck

Patio

Patio

Receiving Room

Receiving Room

Spa/Hot Tub

Spa/Hot Tub

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Business Center

Business Center

Storage

Storage

Service Elevator(s)

Service Elevator(s)

High Speed Conn.

High Speed Conn.

Balcony

Balcony

Policies

As you consider making 701 S Wells St your new home, it’s good to know the building policies. While there are certain restrictions in place, such as a limit on the number of occupants and a required deposit, the good news is that cats and dogs are welcome! This makes it a fantastic option for pet owners looking to settle down in Chicago.

Next

Amenities Description

As you consider making 701 S Wells St your new home, it’s good to know the building policies. While there are certain restrictions in place, such as a limit on the number of occupants and a required deposit, the good news is that cats and dogs are welcome! This makes it a fantastic option for pet owners looking to settle down in Chicago.

Pet Allowed
Check
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
701 S Wells St$319/sqft.$2 /sqft.
Wells Street Tower$328/sqft.$2 /sqft.
170 W Polk Street$404/sqft.$3 /sqft.
170 W Polk St$404/sqft.$3 /sqft.
732 S Financial Pl$266/sqft.$3 /sqft.
Printers Row Lofts Condominiums$283/sqft.$3 /sqft.

Nearby Schools

701 S Wells St is located in South Loop / Near South Side, Chicago, with 44+ schools available within a 2-mile radius. Families benefit from convenient access to nearby educational institutions supporting daily routines. Short travel distances help reduce commute time for students. This education-friendly location enhances overall community appeal.

South Loop Montessori School

--
Private|Grades PK–3
47 W Polk St Ste G...|0.24 miles away

Jones College Preparatory High School

A
Public|Grades 9–12
700 S State St|0.28 miles away

Urban Preparatory West Charter School

--
Public|Grades 9–12
425 S Wabash Ave|0.46 miles away

South Loop Elementary School

B
Public|Grades PK–8
1212 S Plymouth Ct|0.5 miles away

Intrinsic 2 Charter High School

--
Public|Grades 9–12
79 W Monroe St Ste...|0.54 miles away

Noble St Charter-Muchin College Preparatory

A+
Public|Grades 9–12
1 N State St|0.71 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

701 S Wells St is located in South Loop / Near South Side, Chicago, with 44+ schools available within a 2-mile radius. Families benefit from convenient access to nearby educational institutions supporting daily routines. Short travel distances help reduce commute time for students. This education-friendly location enhances overall community appeal.

South Loop Montessori School

--
Private|Grades PK–3
47 W Polk St Ste G...|Less than 1 Mile Away

Jones College Preparatory High School

A
Public|Grades 9–12
700 S State St|Less than 1 Mile Away

Urban Preparatory West Charter School

--
Public|Grades 9–12
425 S Wabash Ave|Less than 1 Mile Away

South Loop Elementary School

B
Public|Grades PK–8
1212 S Plymouth Ct|Less than 1 Mile Away

Intrinsic 2 Charter High School

--
Public|Grades 9–12
79 W Monroe St Ste...|Less than 1 Mile Away

Noble St Charter-Muchin College Preparatory

A+
Public|Grades 9–12
1 N State St|Less than 1 Mile Away

Yccs-Innovations of Arts Integr High School

--
Public|Grades 9–12
17 N State St|Less than 1 Mile Away

Frances Xavier Warde School

--
Private|Grades PK–8
120 S Desplaines S...|Less than 1 Mile Away

Daystar Academy

--
Private|Grades PK–9
1550 S State St St...|Less than 1 Mile Away

Galileo Elementary Math & Science Schol Acd

B
Public|Grades KG–8
820 S Carpenter St|1.06 Miles Away

St Ignatius College Preparatory

--
Private|Grades 9–12
1076 W Roosevelt R...|1.13 Miles Away

J. Smyth Elementary School

D
Public|Grades KG–8
1059 W 13th St|1.17 Miles Away

Perspectives Charter - Joslin Campus

C-
Public|Grades 6–12
1930 S Archer Ave|1.18 Miles Away

Gems World Academy Chicago

--
Private|Grades PK–11
350 E South Water ...|1.21 Miles Away

Yccs-Jane Addams Alternative High School

--
Public|Grades 9–12
1814 S Union Ave|1.26 Miles Away

Intercultural Montessori Language School

--
Private|Grades PK–8
114 S Racine Ave|1.32 Miles Away

Dba City Garden Waldorf School

--
Private|Grades PK–KG
920 W 19th St|1.38 Miles Away

Jungman Elementary School

C+
Public|Grades PK–8
1746 S Miller St|1.41 Miles Away

Jackson a Elementary Language Academy

A+
Public|Grades KG–8
1340 W Harrison St|1.43 Miles Away

Walsh Elementary School

D
Public|Grades KG–8
2015 S Peoria St|1.48 Miles Away

National Teachers Elementary Academy

B-
Public|Grades PK–8
55 W Cermak Rd|1.48 Miles Away

Chicago Technology Academy High School

B
Public|Grades 9–12
1301 W 14th St|1.52 Miles Away

Pui Tak Christian School

--
Private|Grades PK–8
2301 S Wentworth A...|1.54 Miles Away

St Therese Chinese Catholic School

--
Private|Grades PK–8
247 W 23rd St|1.55 Miles Away

Devry Advantage Academy High School

A+
Public|Grades 11–12
1900 W Lawrence Av...|1.55 Miles Away

St Procopius School

--
Private|Grades PK–8
1625 S Allport St|1.58 Miles Away

Montessori Academy of Chicago

--
Private|Grades PK–8
1335 W Randolph St|1.58 Miles Away

Young Magnet High School

A+
Public|Grades 7–12
211 S Laflin St|1.61 Miles Away

Haines Elementary School

A
Public|Grades PK–8
247 W 23rd Pl|1.61 Miles Away

STEM Magnet Academy Elementary School

A-
Public|Grades KG–8
1522 W Fillmore St|1.65 Miles Away

Crane Technical Preparatory High School

--
Public|Grades 12–12
|1.68 Miles Away

Graham R Training Center

--
Public|Grades 9–12
2347 S Wabash Ave|1.68 Miles Away

Perez Elementary School

D+
Public|Grades PK–8
1241 W 19th St|1.76 Miles Away

Pilsen Elementary Community Academy

D
Public|Grades PK–8
1420 W 17th St|1.80 Miles Away

Urban Prairie

--
Private|Grades PK–8
1310 S Ashland Ave|1.82 Miles Away

Urban Prairie Waldorf School

--
Private|Grades PK–8
1310 S Ashland Ave|1.82 Miles Away

Ogden Elementary School

D+
Public|Grades KG–8
24 W Walton St|1.88 Miles Away

Simpson Academy High School for Young Women

--
Public|Grades 6–12
1321 S Paulina St|1.91 Miles Away

Hope Learning Academy

C-
Public|Grades KG–5
1628 W Washington ...|1.94 Miles Away

Rudolph Elementary Learning Center

--
Public|Grades PK–7
1628 W Washington ...|1.94 Miles Away

Ogden Intermediate High School

A
Public|Grades 9–12
1250 W Erie St|1.94 Miles Away

Noble St Charter Rauner College Preparatory

A
Public|Grades 9–12
1337 W Ohio St|1.96 Miles Away

Salazar Elementary Bilingual Center

C-
Public|Grades PK–8
160 W Wendell St|1.97 Miles Away

Payton College Preparatory High School

A+
Public|Grades 9–12
1034 N Wells St|1.98 Miles Away

Transit

Set in South Loop / Near South Side, 701 S Wells St provides residents with convenient access to public transit across Chicago. Multiple Bus, Rail, Metro are available within 2 miles, offering seamless daily travel options. Efficient transit connections support work, education, and lifestyle needs. This transit-rich area contributes to a balanced and connected living experience.

1100 S Columbus (Pedestrian Underpass)

0.7 miles away|14 min walk

1440 S Indiana

0.91 miles away|18 min walk

1633 W Madison

1.91 miles away|37 min walk

18th St.

1.29 miles away|25 min walk

18th Street & Ashland

1.99 miles away|39 min walk

18th Street & Blue Island

1.77 miles away|34 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Set in South Loop / Near South Side, 701 S Wells St provides residents with convenient access to public transit across Chicago. Multiple Bus, Rail, Metro are available within 2 miles, offering seamless daily travel options. Efficient transit connections support work, education, and lifestyle needs. This transit-rich area contributes to a balanced and connected living experience.

1100 S Columbus (Pedestrian Underpass)

0.7 miles away|14 min walk

1440 S Indiana

0.91 miles away|18 min walk

1633 W Madison

1.91 miles away|37 min walk

18th St.

1.29 miles away|25 min walk

18th Street & Ashland

1.99 miles away|39 min walk

18th Street & Blue Island

1.77 miles away|34 min walk

18th Street & Carpenter

1.45 miles away|28 min walk

18th Street & Halsted

1.24 miles away|24 min walk

18th Street & Laflin

1.88 miles away|36 min walk

18th Street & Peoria

1.3 miles away|25 min walk

18th Street & Racine

1.58 miles away|31 min walk

18th Street & Sangamon

1.34 miles away|26 min walk

18th Street & Throop

1.67 miles away|32 min walk

2300 S Halsted

1.68 miles away|33 min walk

25th Street & Michigan

1.86 miles away|36 min walk

26th Street & Indiana

1.97 miles away|38 min walk

26th Street & Normal

1.94 miles away|38 min walk

320 N LaSalle

1.06 miles away|21 min walk

321 N LaSalle

1.07 miles away|21 min walk

327 W Roosevelt

0.41 miles away|8 min walk

333 S Franklin Street (Chicago)

0.29 miles away|6 min walk

350 S. Clark Street (Chicago)

0.33 miles away|7 min walk

530 W Grand

1.35 miles away|26 min walk

700 W Chicago

1.74 miles away|34 min walk

900 W Harrison

0.82 miles away|16 min walk

900 W Roosevelt

0.93 miles away|18 min walk

900 W Taylor

0.83 miles away|16 min walk

Adams & Canal

0.54 miles away|11 min walk

Adams & Clark

0.46 miles away|9 min walk

Adams & State

0.52 miles away|10 min walk

Adams & S. Wacker

0.47 miles away|9 min walk

Adams & Wabash

0.59 miles away|12 min walk

Adams/Wabash

0.58 miles away|12 min walk

Adams & Wells

0.44 miles away|9 min walk

AM Michigan & Randolph (Chicago)

0.91 miles away|18 min walk

Archer & 23rd Place

1.61 miles away|31 min walk

Archer & Canal

1.53 miles away|30 min walk

Archer & Cermak/Princeton

1.39 miles away|27 min walk

Archer & Dearborn

1.21 miles away|24 min walk

Archer & Green

1.98 miles away|38 min walk

Archer & Grove

1.63 miles away|32 min walk

Archer & Lowe

1.81 miles away|35 min walk

Archer & Normal

1.66 miles away|32 min walk

Archer & Red Line Station

1.29 miles away|25 min walk

Archer & Wallace

1.72 miles away|34 min walk

Archer & Wentworth

1.29 miles away|25 min walk

Ashland & 14th Street

1.83 miles away|36 min walk

Ashland & 15th Street

1.87 miles away|36 min walk

Ashland & 18th Street

1.98 miles away|38 min walk

Ashland & Adams

1.77 miles away|34 min walk

The Neighbourhood: South Loop / Near South Side

South Loop, part of Chicago’s vibrant Near South Side, offers a dynamic urban experience with a mix of historic and modern attractions. This neighborhood is home to the renowned Museum Campus, which includes the Field Museum, Shedd Aquarium, and Adler Planetarium. Residents enjoy diverse dining options, from local eateries to high-end restaurants, and ample shopping opportunities. The area provides a convenient lifestyle with easy access to public transportation, including multiple L train lines and proximity to major expressways. With its scenic views of Lake Michigan and Grant Park, South Loop caters to both families and professionals seeking an active city life.

Next

Neighbourhood Description

South Loop, part of Chicago’s vibrant Near South Side, offers a dynamic urban experience with a mix of historic and modern attractions. This neighborhood is home to the renowned Museum Campus, which includes the Field Museum, Shedd Aquarium, and Adler Planetarium. Residents enjoy diverse dining options, from local eateries to high-end restaurants, and ample shopping opportunities. The area provides a convenient lifestyle with easy access to public transportation, including multiple L train lines and proximity to major expressways. With its scenic views of Lake Michigan and Grant Park, South Loop caters to both families and professionals seeking an active city life.

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701 S Wells St Demographics

Age Demographics

0–14 Years

7.54%

15–29 Years

31.53%

30–44 Years

35.81%

45–59 Years

13.89%

60+ Years

11.22%

Commute

20.07%

Transit

26.5%

Walk

29.1%

Drive

1.57%

Bike

Housing Ownership

39.97%

Owner Occupied

60.03%

Rental Units

Household Types

Single Family
9.95%
Multi Family
0.79%
Single Person
52.76%
Multi Person
47.24%

Average Income

Household:$10,743,154.82 /yr

Individual:$8,664,718.63 /yr

Education

Bachelors Degree36.56%
High School College4.09%
Diploma4.05%
Post Graduate43.61%
Others11.69%
Next

Education

Diploma4.05%
Post Graduate43.61%
Others11.69%
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  1. Home
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    701 S Wells St
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Atlanta, GA 30339
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Berkshire Hathaway Starck Real Estate

Paul Ambrogio

Serving Chicago and all of Northern IL

13300 IL RT 47

Huntley, Illinois 60142

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