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  5. Wells Street Tower
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Wells Street Tower

701 S Wells Street, Chicago, IL, 60605

YEAR BUILT

2002

# STORIES

34

# TOTAL UNITS

239

UNIT SIZE RANGE

3,950-4,050 sqft

Description

Wells Street Tower stands tall at 701 S Wells Street in Chicago. This high-rise structure has 34 stories and includes 239 units. Constructed in 2002, it offers a blend of modern living in a bustling area. The building's presence enhances the vibrant neighborhood that surrounds it. The units come in various sizes, ranging from 3,950 to 4,050 square feet. There are options for 1, 2, 3, and even 4 bedrooms. Prices for the available units range from $340,000 to $372,000. The average closed price sits around $393,116, with a price per square foot of $328 based on recently sold listings. On average, units stay on the market for 101 days. This provides enough time for interested buyers to explore their options fully. Each unit is designed to suit different needs, making it a versatile choice for many lifestyles. Wells Street Tower features several amenities for its residents. There is a business center, exercise room, and party room. Also, bike trails are nearby for those who enjoy outdoor activities. An elevator makes access to each floor convenient. Nearby, residents can find numerous businesses. Dollop Coffee Co offers a cozy spot for caffeine lovers. For grocery needs, East Coast Pantry and Market Square Lofts are just a stone’s throw away. The location enhances daily living with easy access to local shops and eateries. Living in this building allows for a lively lifestyle in a well-connected area. It’s not just about a place to live but about being part of an engaging community. The proximity to urban conveniences and local attractions adds to the appeal of Wells Street Tower.

Building ImageMLS ID #11019916
Building ImageMLS ID #08282324
Building Image
Building ImageView Listing

Wells Street Tower

701 S Wells Street, Chicago, IL, 60605

YEAR BUILT

2002

# STORIES

34

# TOTAL UNITS

239

UNIT SIZE RANGE

3,950-4,050 sqft

Description

Wells Street Tower stands tall at 701 S Wells Street in Chicago. This high-rise structure has 34 stories and includes 239 units. Constructed in 2002, it offers a blend of modern living in a bustling area. The building's presence enhances the vibrant neighborhood that surrounds it. The units come in various sizes, ranging from 3,950 to 4,050 square feet. There are options for 1, 2, 3, and even 4 bedrooms. Prices for the available units range from $340,000 to $372,000. The average closed price sits around $393,116, with a price per square foot of $328 based on recently sold listings. On average, units stay on the market for 101 days. This provides enough time for interested buyers to explore their options fully. Each unit is designed to suit different needs, making it a versatile choice for many lifestyles. Wells Street Tower features several amenities for its residents. There is a business center, exercise room, and party room. Also, bike trails are nearby for those who enjoy outdoor activities. An elevator makes access to each floor convenient. Nearby, residents can find numerous businesses. Dollop Coffee Co offers a cozy spot for caffeine lovers. For grocery needs, East Coast Pantry and Market Square Lofts are just a stone’s throw away. The location enhances daily living with easy access to local shops and eateries. Living in this building allows for a lively lifestyle in a well-connected area. It’s not just about a place to live but about being part of an engaging community. The proximity to urban conveniences and local attractions adds to the appeal of Wells Street Tower.

Next

Description

Wells Street Tower stands tall at 701 S Wells Street in Chicago. This high-rise structure has 34 stories and includes 239 units. Constructed in 2002, it offers a blend of modern living in a bustling area. The building's presence enhances the vibrant neighborhood that surrounds it. The units come in various sizes, ranging from 3,950 to 4,050 square feet. There are options for 1, 2, 3, and even 4 bedrooms. Prices for the available units range from $340,000 to $372,000. The average closed price sits around $393,116, with a price per square foot of $328 based on recently sold listings. On average, units stay on the market for 101 days. This provides enough time for interested buyers to explore their options fully. Each unit is designed to suit different needs, making it a versatile choice for many lifestyles. Wells Street Tower features several amenities for its residents. There is a business center, exercise room, and party room. Also, bike trails are nearby for those who enjoy outdoor activities. An elevator makes access to each floor convenient. Nearby, residents can find numerous businesses. Dollop Coffee Co offers a cozy spot for caffeine lovers. For grocery needs, East Coast Pantry and Market Square Lofts are just a stone’s throw away. The location enhances daily living with easy access to local shops and eateries. Living in this building allows for a lively lifestyle in a well-connected area. It’s not just about a place to live but about being part of an engaging community. The proximity to urban conveniences and local attractions adds to the appeal of Wells Street Tower.

Wells Street Tower Market Stats Last 12 months

Avg. Listed Price$385,273($328/Sqft.)
Avg. Sale Price$393,116($328/Sqft.)
Year over year list priceUp Arrow0.02%
Year over year sale priceUp Arrow 0.11%
Total Listings11 Listed
Total sold13 Sold
Average Days on Market101 days
Average HOA fees per sqft$2 /monthly
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Market Stats

Year over year list priceUp Arrow0.02%
Year over year sale priceUp Arrow0.11%
Total Listings11 Listed
Total sold13 Sold
Average Days on Market101 days
Average HOA fees per sqft$2 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
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

Low
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

Wells Street Tower Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 22012201130022702021-06-03
MLS#: 11019916 		Closed$372,000
Unit 18011801126822622013-05-03
MLS#: 08282324 		Closed$340,000
Unit 1801
1801

2 Beds

2 Baths

1268 sqft

DateStatusPrice
2013-05-03Closed$340,000
MLS#: 08282324
Days On Market62
Unit 2201
2201

2 Beds

2 Baths

1300 sqft

DateStatusPrice
2021-06-03Closed$372,000
MLS#: 11019916
Days On Market70
View Complete Unit Listing HistorySource By: MRED

Amenities

What better way to enjoy city living than with some fantastic amenities? Wells Street Tower has you covered with a well-equipped exercise room, perfect for those who like to stay active. If you're needing to get some work done or just want a quiet space to do some studying, the business center is a great option. For social butterflies, the party room will become your go-to for gatherings with friends. Plus, the bike room and nearby bike trails are an added perk for avid cyclists. With convenient elevator access and a welcoming receiving room, every aspect of this building makes it feel like home.

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Amenities Description

What better way to enjoy city living than with some fantastic amenities? Wells Street Tower has you covered with a well-equipped exercise room, perfect for those who like to stay active. If you're needing to get some work done or just want a quiet space to do some studying, the business center is a great option. For social butterflies, the party room will become your go-to for gatherings with friends. Plus, the bike room and nearby bike trails are an added perk for avid cyclists. With convenient elevator access and a welcoming receiving room, every aspect of this building makes it feel like home.

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

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Door Person

Door Person

Receiving Room

Receiving Room

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Business Center

Business Center

Storage

Storage

Policies

For those of you with furry companions, you'll be pleased to hear that Wells Street Tower is pet-friendly! Both cats and dogs are welcome, allowing you to bring your beloved pets along as you settle into your new place. Living in a pet-friendly building can truly enhance your city experience, giving you the freedom to explore your neighborhood with your four-legged friends.

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Amenities Description

For those of you with furry companions, you'll be pleased to hear that Wells Street Tower is pet-friendly! Both cats and dogs are welcome, allowing you to bring your beloved pets along as you settle into your new place. Living in a pet-friendly building can truly enhance your city experience, giving you the freedom to explore your neighborhood with your four-legged friends.

Pet Allowed
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)
Wells Street Tower$328/sqft.$2 /sqft.
701 S Wells St$319/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

In South Loop / Near South Side, Wells Street Tower benefits from nearby schools within easy reach. Educational institutions within 2 miles reduce travel time for families. This convenient access supports balanced daily routines. The location promotes comfortable urban living.

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
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Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

In South Loop / Near South Side, Wells Street Tower benefits from nearby schools within easy reach. Educational institutions within 2 miles reduce travel time for families. This convenient access supports balanced daily routines. The location promotes comfortable urban living.

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 Waldorf School

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

Urban Prairie

--
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

Wells Street Tower offers strong public transit access in South Loop / Near South Side, Chicago, with multiple transportation options located within a 2-mile radius. Nearby Bus, Rail, Metro allow residents to move efficiently across the city without relying on a car. This transit-oriented location supports daily commuting, errands, and weekend travel. Excellent connectivity adds convenience and long-term livability to the neighborhood.

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

1.9 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

Wells Street Tower offers strong public transit access in South Loop / Near South Side, Chicago, with multiple transportation options located within a 2-mile radius. Nearby Bus, Rail, Metro allow residents to move efficiently across the city without relying on a car. This transit-oriented location supports daily commuting, errands, and weekend travel. Excellent connectivity adds convenience and long-term livability to the neighborhood.

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

1.9 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|37 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|33 min walk

2300 S Halsted

1.68 miles away|33 min walk

25th Street & Michigan

1.87 miles away|36 min walk

26th Street & Indiana

1.98 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)

0.32 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

0.45 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

1.62 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

1.64 miles away|32 min walk

Archer & Lowe

1.81 miles away|35 min walk

Archer & Normal

1.67 miles away|32 min walk

Archer & Red Line Station

1.29 miles away|25 min walk

Archer & Wallace

1.73 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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Wells Street Tower Demographics

Age Demographics

0–14 Years

7.54%

15–29 Years

31.55%

30–44 Years

35.81%

45–59 Years

13.89%

60+ Years

11.22%

Commute

20.05%

Transit

26.54%

Walk

29.07%

Drive

1.57%

Bike

Housing Ownership

39.94%

Owner Occupied

60.06%

Rental Units

Household Types

Single Family
9.94%
Multi Family
0.79%
Single Person
52.76%
Multi Person
47.24%

Average Income

Household:$10,747,747.51 /yr

Individual:$8,667,950.54 /yr

Education

Bachelors Degree36.57%
High School College4.09%
Diploma4.04%
Post Graduate43.61%
Others11.68%
Next

Education

Diploma4.04%
Post Graduate43.61%
Others11.68%
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  1. Home
  2. /Chicago, IL
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    Wells Street Tower
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Huntley, Illinois 60142

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