new - 4 days on rocket

701 S Wells St Unit 3205, Chicago, IL, 60607

$418,000

Home List Price

$4,964*

Closing Credit

2 Bedrooms
2 Full Baths
1,175 SqFt
$356/SqFt
Condo
Schools Nearby

Location

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701 S Wells St Unit 3205, Chicago$418,000

Buyer Closing Credits

$4,964*

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, Forced Air, Zoned
CoolingCentral Air
FireplaceGas Log, Gas Starter
MLS #12042956
StatusActive
(New)

About 701 S Wells St Unit 3205

Perched high above vibrant South Loop/Printer's Row, your new residence awaits on the 32nd floor. Discover the epitome of urban living in this two-bed, two-bath condo with balcony & garage space for an additional $25K. This property offers unparalleled views of the city and river, modern amenities, and the best of city living. A thoughtfully designed layout maximizes space and natural light, featuring expansive windows, soaring ceilings, and character-rich reclaimed veneer brick walls. Elegant oak flooring and a cozy gas fireplace create a welcoming ambiance for both relaxing and entertaining. The open kitchen, a dream for culinary enthusiasts, is outfitted with Bosch 2018 stainless steel appliances, quartz countertops, an island, and ample cabinetry, accented by tile backsplash and under-cabinet lighting. Retreat to the primary suite flanked by gorgeous French doors and boasting a generous custom closet. The en-suite bathroom features dual sinks and a European-style tub and shower layout for functionality. The second bedroom, adaptable as an office, guest room, or full time bedroom, is serviced by a bathroom with a standing shower. Step out onto your private balcony for fresh air and relaxation. Resident amenities on the 8th floor include a state-of-the-art fitness center, a calming yoga/meditation room, and a newly renovated party room with an expansive outdoor terrace. 24-hour door staff, management, and maintenance on-site for added security and convenience. Embrace the ease of living near vibrant restaurants, chic shopping, and lively nightlife, along with neighborhood essentials like Target, Whole Foods, Mariano's, and Trader Joe's. The beauty of Grant Park and Lake Michigan are just minutes away, offering a green retreat in the cityscape. Get around with ease with easy public transit and expressway access. The forthcoming planned Riverwalk expansion will bring new retail, business opportunities, green spaces, and recreational paths closer to home. Invest in a lifestyle of comfort, culture, and opportunity. Don't miss your chance to claim your piece of the South Loop skyline. Schedule your exclusive tour today.

Property Details

Property Features

Property Information:

  • Year Built: 2002
  • Stories: 34
  • Living Area: 1,175 SqFt

Listing Office:

  • Office Name: Urban Living Properties, LLC
  • Office Phone: (312) 878-6464
  • Listing Agent: An-An Ku

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Gas Cooktop
  • Basement: No
  • Interior: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Open Floorplan, Some Window Treatment, Dining Combo, Doorman, Drapes/Blinds, Health Facilities, Lobby
  • 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

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Zoned
  • 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 West to Wells, then South to property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $418,000
  • Price Per SqFt: $356/SqFt

HOA Fees:

  • Amount: $940
  • 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

$349K

Med. Price/SqFt

$250

Avg. Days On Market

33

# of Sold Homes

2268

701 S Wells St Unit 3205 vs Chicago

4 DAYS ON ROCKET

-29 Days

$418,000

+$68.9K More

$356/SqFt

+$106 More

KEY TAKEAWAY

This property is $68.9K more than the Median Sold Price and $106/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: #12042956

Listing Office:

  • Office Name: Urban Living Properties, LLC
  • Office Phone: (312) 878-6464
  • Listing Agent: An-An Ku

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

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: 5/5/2024, 12:45:36 AM 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-6375430
7
/10

  • South Loop Elementary School

  • 1212 S Plymouth Ct

  • 0.50 miles

  • Public District Grades PK-8

High School

school-card-donut-6375431
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. Most Chicago, IL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. 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 3205

What is the listing price of this property?

The listing price of 701 S Wells St Unit 3205 property is $418,000.

What type of property is this?

The property 701 S Wells St Unit 3205 is a condo located in Chicago, Illinois, 60607.

Is this property for sale now?

Active Listing: 701 S Wells St Unit 3205 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 701 S Wells St Unit 3205 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 3205 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 701 S Wells St Unit 3205 is 1,175 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 701 S Wells St Unit 3205 is 2002.

Rocket Homes›Illinois›Cook County›Chicago›60607›701 S Wells St Unit 3205

This home is located at 701 S Wells St Unit 3205 in Chicago, IL and zip code 60607 in the Loop neighborhood. This 1,175 square foot home was built in 2002. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $418,000.

In April 2024, from all listings sold in Chicago, IL there were more than 867 sold above asking price, over 1023 sold below and more than 378 were sold right at the asked price. The inventory of homes for sale in Chicago, IL between March 2024 and April 2024 increased by 18.4%. The median list price of listings available in April 2024 was $349,097, while the average time on the real estate market was 33 days.

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

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