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Backup Offers

701 S Wells St Unit 1608, Chicago, IL, 60607

$430,000

Home List Price

$5,106*

Closing Credit

2 Bedrooms
2 Full Baths
1,200 SqFt
$358/SqFt
Condo
Schools Nearby

Location

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701 S Wells St Unit 1608, Chicago$430,000

Buyer Closing Credits

$5,106*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
Attached Garage1 space
Year Built2002
HeatingNatural Gas
CoolingCentral Air
FireplaceGas Log, Gas Starter
MLS #11990374
StatusAccepting Backup Offers
(Contingent)

About 701 S Wells St Unit 1608

Welcome to Wells Street Tower, a sophisticated condominium building nestled in the historic and vibrant Printer's Row. This two-bedroom, two-bathroom gem boasts a thoughtfully designed split bedroom floor plan, an open-concept kitchen, and an expansive living-dining room combo. Upon entering, you're greeted by a hardwood-floored hallway leading to a coat closet and a separate laundry closet with a brand-new washer and dryer. Journey through to the kitchen, featuring a large island, updated track lighting, new hardware, and recently painted white cabinets. The living-dining room combo is a spacious oasis, illuminated by the warm glow of a gas fireplace-an ideal setting for both intimate evenings and entertaining guests. Step outside onto the covered balcony to immerse yourself in stunning cityscape and river views.The primary bedroom and ensuite bathroom are conveniently located off the living room. Highlights include a generous walk-in closet, a new ceiling fan and light fixture combo, a brand-new double vanity, and a separate shower and bathtub.Wells Street Tower offers elevated living, providing residents with proximity to neighborhood experiences like morning strolls along the Chicago River, visits to the dog park, farmers market, or book festival. All amenity spaces have been recently renovated for the full enjoyment of residents and guests, including a refreshed lobby. Take advantage of the sundeck, unwind in the yoga studio, maintain your fitness routine in the state-of-the-art gym, and host gatherings in the stylish resident lounge. The 24-hour door person adds an extra layer of security and convenience. Additional incentives include one storage locker and one parking spot, both included in the price. This condo isn't just a home; it's modern city living at its finest.

Property Details

Property Features

Property Information:

  • Year Built: 2002
  • Stories: 34
  • Living Area: 1,200 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (773) 482-1917
  • Listing Agent: Theodore Burns

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Gas Cooktop
  • Basement: No
  • Interior: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Open Floorplan, Dining Combo
  • Fireplace: Gas Log, Gas Starter

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Virtual/3D Tour

  • 3D Tour: 701 S Wells St Unit 1608

3D Tour

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Phillips Academy High School, Public District Grades 9-12
  • South Loop Elementary School, Public District Grades PK-8

Other

Directions Information:

  • Directions: Harrison to Wells, South to building

Price Information

Listing Price Info

Price Summary:

  • List Price: $430,000
  • Price Per SqFt: $358/SqFt

HOA Fees:

  • Amount: $978
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

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Chicago, IL

City

Med. Sold Price

$346.4K

Med. Price/SqFt

$246

Avg. Days On Market

40

# of Sold Homes

1846

701 S Wells St Unit 1608 vs Chicago

61 DAYS ON ROCKET

+21 Days

$430,000

+$83.5K More

$358/SqFt

+$111 More

KEY TAKEAWAY

This property is $83.5K more than the Median Sold Price and $111/SqFt more than other homes in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #11990374

Listing Office:

  • Office Name: Compass
  • Office Phone: (773) 482-1917
  • Listing Agent: Theodore Burns

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All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 12:15:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3105397
7
/10

  • South Loop Elementary School

  • 1212 S Plymouth Ct

  • 0.50 miles

  • Public District Grades PK-8

High School

school-card-donut-3105398
1
/10

  • Phillips Academy High School

  • 244 E Pershing Rd

  • 3.44 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,397. Typical income of Chicago, IL residents is between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 701 S Wells St Unit 1608

What is the listing price of this property?

The listing price of 701 S Wells St Unit 1608 property is $430,000.

What type of property is this?

The property 701 S Wells St Unit 1608 is a condo located in Chicago, Illinois, 60607.

Is this property for sale now?

Accepting Backup Offers: 701 S Wells St Unit 1608 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 701 S Wells St Unit 1608 are:
South Loop Elementary School: GreatSchools Rating 7/10
Phillips Academy High School: GreatSchools Rating 1/10

How many bedrooms and bathrooms does this property have?

The property at 701 S Wells St Unit 1608 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 701 S Wells St Unit 1608 is 1,200 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 701 S Wells St Unit 1608 is 2002.

Rocket Homes›Illinois›Cook County›Chicago›60607›701 S Wells St Unit 1608

This home is located at 701 S Wells St Unit 1608 in Chicago, IL and zip code 60607 in the Loop neighborhood. This 1,200 square foot home was built in 2002. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 28, 2024 and is currently priced at $430,000.

Over 612 listings were sold over their listed price in March 2024 in Chicago, IL. In the same period over 916 listings were sold below the listed price and 317 listings were sold for the listed price. The number of homes for sale in Chicago, IL increased by 21.5% between February 2024 and March 2024. In March 2024 median list price was $346,470 and the average listing age was 40 days.

From Rocket Homes Real Estate and based on county public records data.

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