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CondominiumResidential
Last sold for $386,000 on Aug 25, 2026

701 S WELLS ST

CHICAGO, IL 60607
Building report
0
Baths
0.26 ac
Lot SizeThe size of the land the home sits on, from county records.
1999
Year BuiltThe year the home was originally built, according to county records.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$386,000 · Aug 25, 2026

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$316 (2023)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$3,927 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$137
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$3,790
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$3,927
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$39,270

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.36
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
71
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
69
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
40
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyCOOK
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.2000
Lot (acres)The size of the land the home sits on, from county records.0.26
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(4)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
South Loop Elementary SchoolA
Elementary · Grades PK–8 · 0.5 mi
H
Phillips Academy High SchoolF
High · Grades 9–12 · 3.4 mi

District: Chicago Public School District 299

Neighborhood · ZIP 60607These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.136
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.110
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.46

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.89%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.43%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.13%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.9%
PopulationHow many people live in this area.31,589
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.14,213 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$122,924
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$150,715
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.38 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.54%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

701 S Wells St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Has a smaller lot than 80% of homes in South Loop / Near South Side
  • Newer than 89% of homes in Cook County

How it measures up in Chicago 60607

The dot is this home. The mark in the middle is the typical home in Chicago 60607.

Lot size0.26 ac
SmallerTypical 0.51 acBigger

Bigger than 34% of homes nearby

Year built1999
OlderTypical 1999Newer

Newer than 50% of homes nearby

How 701 S Wells St ranks against every home in each area.
MeasureThis homeSouth Loop / Near South SideChicago 60607Cook County
Lot sizebigger than0.26 ac20% of homes34% of homes73% of homes
Year builtnewer than199940% of homes50% of homes89% of homes

About 701 S Wells St

When did 701 S Wells St, Chicago, IL last sell?

701 S Wells St, Chicago, IL last sold on Aug 25, 2026 for $386,000, according to the county's recorded deed.

When was 701 S Wells St, Chicago, IL built?

701 S Wells St, Chicago, IL was built in 1999, making it 27 years old. It is a condo/apartment home.

What schools serve 701 S Wells St, Chicago, IL?

701 S Wells St, Chicago, IL is assigned to South Loop Elementary School (elementary), rated A; Phillips Academy High School (high), rated F. All sit in Chicago Public School District 299. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 701 S Wells St, Chicago, IL compare to other homes in Chicago 60607?

Among the 10,840 homes in Chicago 60607, its lot is bigger than 34% of them (0.26 ac against a typical 0.51 ac) and it is newer than 50% of them (1999 against a typical 1999). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 701 S Wells St, Chicago, IL?

The 2023 property tax bill for 701 S Wells St, Chicago, IL was $316. The county assessed it at $3,927.

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