ClosedPrice Reduced

$330,000

$340,000
701 Wells Street, Chicago, IL 60607
2 Beds2 Baths0 sqft57 days
701 Wells Street·Chicago, IL 60607
2Bedrooms
2Bathrooms
0Sq Ft
2002Year Built
About This Home

Welcome to 701 S Wells #1704, a bright and spacious southeast corner 2-bedroom, 2-bathroom unit at Wells Street Tower. This residence boasts a fantastic open and functional layout, featuring an expansive living and dining area complete with a cozy gas fireplace. The open kitchen is equipped with granite countertops, a central island, and newer stainless steel appliances, perfect for culinary enthusiasts. The primary bedroom is generously sized and includes both a walk-in closet (which can easily be enclosed) and a linen closet. The attached bathroom offers slate flooring, a double sink vanity, a shower, and a separate whirlpool bathtub. The second bedroom is also spacious, featuring a wall of closets, and is complemented by a second full bath. Hardwood floors run throughout the main areas and both bedrooms, and the convenience of an in-unit washer/dryer is included. Step out onto the private balcony off the living room to enjoy fabulous southeast city views. Wells Street Tower provides 24-hour door staff and a recently updated amenity floor, which includes an exercise and yoga room, a library, a party room with a full kitchen, and an outdoor sundeck. This pet-friendly building (with no weight limit- 2 pets max per condo) is ideally located just steps from several parks and the newly completed Southbank extension of the Chicago Riverwalk, offering walking and bike paths and plenty of spots to relax. Perfectly situated between Printer's Row and South Loop, you'll have access to a diverse selection of restaurants and shopping options, including Target, Mariano's, Jewel, Whole Foods, Trader Joe's, farmers markets, and more. Enjoy proximity to Grant Park, Lake Michigan, West Loop, and the central Loop. Multiple transit options are available, with all CTA lines within 4 blocks and Metra Union Station & Chicago LaSalle within a 1/2 mile, plus easy access to the expressway. Deeded garage parking is available for an additional 25k. Priced to sell, this is an opportunity you won't want to miss!

MLS# 12265654Listed January 13, 2025ResidentialSubdivision: Wells Street Tower
Property Details

Beds & Baths

Total Bedrooms2
Total Bathrooms2
Full Baths2
Half Baths0
Total Rooms5

Size & Structure

Living Area0 sqft
Stories34
Garage Spaces1
Fireplaces1
Year Built2002
Lot SizeCOMMON

Location

CountyCook
TownshipSouth Chicago
SubdivisionWells Street Tower
Zip Code60607

Financial

List Price$330,000
Original Price$340,000
Annual Taxes (2023)$6,842
Monthly Tax Est.$570
Parcel #17164020501064
Interior Features

Appliances

RangeMicrowaveDishwasherRefrigeratorFreezerWasherDryerDisposalStainless Steel Appliance(s)

Flooring

Hardwood

Heating

Natural GasForced AirZoned

Cooling

Central AirZoned

Basement

None

Laundry

Washer HookupMain LevelIn UnitLaundry Closet

Fireplace

Gas LogGas Starter
Exterior & Lot

Construction

Concrete

Roof

Rubber

Foundation

Concrete Perimeter

Exterior Features

Balcony
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

Garage Door OpenerOn SiteDeededAttachedGarage
HOA & Community
HOA Fee
$1,032
Monthly

HOA Includes

HeatAir ConditioningWaterGasInsuranceDoormanTV/CableExercise FacilitiesExterior MaintenanceScavengerSnow RemovalInternet

Association Amenities

Door PersonElevator(s)Exercise RoomStorageOn Site Manager/EngineerParty RoomSundeckBusiness Center
Tax & Financial
Annual Taxes
$6,842
Tax Year 2023
Monthly Tax Est.
$570
per month
Price Reduced by $10,000
Original list price: $340,000
Property Location

701 Wells Street, Chicago, IL 60607 — Cook County

$330,000
701 Wells Street
2 bd2 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
57 days on market
1-car garage
1 fireplace
COMMON
$6,842/yr taxes
$1,032 HOA (monthly)
Price reduced $10,000
$3,336
estimated monthly payment
Principal & Interest
$1,734/mo
Property Tax
$570/mo
HOA
$1,032/mo
$330,000
20% — $66,000
3%50%
6.875%
3%12%
Loan Amount
$264,000
Down Payment
$66,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Compass
Agent: Mary Ellen Apostolopoulos
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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