ClosedPrice Reduced

$387,250

$430,000
701 Wells Street, Chicago, IL 60607
2 Beds2 Baths0 sqft50 days
701 Wells Street·Chicago, IL 60607
2Bedrooms
2Bathrooms
0Sq Ft
2002Year Built
About This Home

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!

MLS# 12266974Listed January 30, 2025Residential
Property Details

Beds & Baths

Total Bedrooms2
Total Bathrooms2
Full Baths2
Half Baths0
Total Rooms5

Size & Structure

Living Area0 sqft
Stories35
Garage Spaces1
Fireplaces1
Year Built2002
Lot SizeCOMMON

Location

CountyCook
TownshipSouth Chicago
Zip Code60607

Financial

List Price$387,250
Original Price$430,000
Annual Taxes (2023)$6,363
Monthly Tax Est.$530
Parcel #17164020501098
Interior Features

Appliances

RangeMicrowaveDishwasherRefrigeratorWasherDryerDisposalStainless Steel Appliance(s)

Flooring

Hardwood

Heating

Natural GasIndv Controls

Cooling

Central Air

Basement

None

Fireplace

Gas Log
Exterior & Lot

Construction

Brick

Exterior Features

Balcony
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Electric

Circuit Breakers100 Amp Service

Parking

On SiteGarage OwnedAttachedGarage
HOA & Community
HOA Fee
$1,084
Monthly

HOA Includes

HeatAir ConditioningWaterGasParkingInsuranceDoormanTV/CableExercise FacilitiesExterior MaintenanceScavengerSnow RemovalInternet

Association Amenities

Bike Room/Bike TrailsDoor PersonExercise RoomStorageOn Site Manager/EngineerParty RoomSundeckBusiness Center
Tax & Financial
Annual Taxes
$6,363
Tax Year 2023
Monthly Tax Est.
$530
per month
Price Reduced by $42,750
Original list price: $430,000
Property Location

701 Wells Street, Chicago, IL 60607 — Cook County

$387,250
701 Wells Street
2 bd2 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
50 days on market
1-car garage
1 fireplace
COMMON
$6,363/yr taxes
$1,084 HOA (monthly)
Price reduced $42,750
$3,649
estimated monthly payment
Principal & Interest
$2,035/mo
Property Tax
$530/mo
HOA
$1,084/mo
$387,250
20% — $77,450
3%50%
6.875%
3%12%
Loan Amount
$309,800
Down Payment
$77,450

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

Listed by
Baird & Warner
Agent: Christopher Lennie
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