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$405,000
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Property Description
Step inside this beautiful Wells Street Tower unit with impressive east-facing views of the city! Located right on the cusp of the incoming "78" development, this is a bustling area which is only getting hotter! When you walk into this home, you will immediately enter a foyer area which features a good-sized coat closet, and is adjacent to the laundry closet with full-size, side-by-side washer and dryer. A bit further to enter the spacious open living/dining/kitchen area - flooded with natural light during the day, and boasting quintessential Chicago cityscape views by night. The large living area smartly separates the 2 enclosed bedrooms, and flows naturally into an open-concept kitchen with granite countertops and a generous island with eat-in breakfast bar. The gas fireplace (with tiled mantle) provides a cozy retreat during the cooler weather. Previous owners opened up the short hall that ran from the primary bedroom to the bathroom, giving this home more functional square footage than most other units in the "02" tier (sellers had used this extra space as an office nook). Step out to your private balcony and sip your morning coffee as you watch the sun rise! Both bedrooms are enclosed completely, and feature beautiful eastward views of the city and even a bit of the lake. The primary suite bedroom also boasts a large walk-in closet - storage abounds throughout this unit! Every resident in this building can take advantage of it's countless luxury amenities: 24-hour door staff, sun deck, fitness center, yoga room. This building has a great, responsive & healthy association! Walking distance from many terrific dining and night life options, parks, the south bank river walk, dog parks, groceries and a short distance to all major nearby interstates. Includes additional storage space. Deeded, covered parking space is also available. Book your tour today!
Full Property Details
Full Property Details for 701 S Wells St #2202
General
- Sold For: $405,000
- HOA FEE: $1,084/month
- Taxes: $6,363 (2023)
- Status: Closed
- Type: Condo
- Source: MRED
- MLS ID: 12266974
- Added to Site: 352 day(s) ago
Interior
- Fireplace: Yes
- Fireplace(s): Living Room, Gas Log
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: Whirlpool, Double Sink, European Shower
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Door Person, Exercise Room, Storage, On-Site Manager/Engineer, Party Room, Sundeck, Business Center
- Equipment: Fire Sprinklers, Carbon Monoxide Detectors, Ceiling Fan(s)
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: On Site, Garage Owned, Attached, Garage
- Parking On-Site: Yes
Location
- Area: CHI - Loop
- County: Cook
- Driving Directions: Harrison to Wells South to bldg: 15 min flash
School Information
- School District: 299
- Midd School District: 299
Community
- Assoc. Fees Include: Heat, Air Conditioning, Water, Gas, Parking, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal, Internet
- Pets Allowed: Yes
- Pet Restrictions: Cats OK, Dogs OK
- Mgmt. Company: First Residential Management
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Individual Controls
Utilities
- Water: Lake Michigan
Structural Information
- Structure Type: Condo, High-Rise (7 or More Stories)
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Sub-Flooring: Hardwood
- Entry Floor Number: 22
- Stories/Levels: 35
- Square Feet: 1,275
- Sq. Ft. Source: Estimated
- Year Built: 2002
Unit Information
- Units in Building: 170
Lot Features
- Lot Dimensions: COMMON
Financial Considerations
- Association Fee: $1,084
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 2002
- Tax Amount: $6,363.35
- Tax Year: 2023
Disclosures and Reports
- Ownership: Condo
- Special Conditions: List Broker Must Accompany
- Property ID: 17164020501098
Listed by Baird & Warner
Sold by Real Broker LLC
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Schools
Schools serving 701 S Wells St #2202
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
South Loop Elementary School 1212 South Plymouth Court, Chicago, IL 60605 | PK-8 | 0.5 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 701 S Wells St #2202
Date
Details
Price
Change
Source
4/18/2025
Sold
$405,000
4.58%
MLS
3/11/2025
Price Reduced
$387,250
-3.19%
MLS
2/18/2025
Price Reduced
$399,999
-6.98%
MLS
1/30/2025
Listed
$430,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
701 S Wells Street #2202, Chicago, IL 60607 (MLS# 12266974) is a Condo property that was sold at $405,000 on April 18, 2025. Want to learn more about 701 S Wells Street #2202? Do you have questions about finding other Condo real estate for sale in The Loop? You can browse all The Loop real estate or contact a Coldwell Banker agent to request more information.

