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Updated 5+ Days Ago

Location

701 S Wells Street, Chicago, IL 60607, USA|Loop

Property Overview

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • Elevator
  • Fireplace
  • Images Available

Great for

  • Social life
  • Work-from-home
  • Wellness

Available rentals nearby

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Pilsen 1642

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Lower West Side • 1642 S Allport St

1 Bed

$1,325–$1,375

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4009 S Calumet Ave #G, Chicago, IL, 60653

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Grand Boulevard • 4009 S Calumet Ave #G

1 Bed

$1,300

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West Town • 900 N Western Ave

1 Bed

$1,400

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Near West Side • 1407 W 15th St

1 Bed

$1,250

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Near West Side • 1016 S Claremont Ave #3

1 Bed

$1,225

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Douglas • 2937 S King Dr

1 Bed

$1,194–$5,316

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East Garfield Park • 3501 W Adams St

1 Bed

$1,185

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Douglas • 3233 S King Dr

1 Bed

$1,125–$1,630

featured image of 1642 S Allport St

Pilsen 1642

Our team has verified this company

Lower West Side • 1642 S Allport St

1 Bed

$1,325–$1,375

featured image of 4009 S Calumet Ave #G

4009 S Calumet Ave #G, Chicago, IL, 60653

Our team has verified this company

Grand Boulevard • 4009 S Calumet Ave #G

1 Bed

$1,300

featured image of 900 N Western Ave

West Town • 900 N Western Ave

1 Bed

$1,400

featured image of 1407 W 15th St

Near West Side • 1407 W 15th St

1 Bed

$1,250

featured image of 1016 S Claremont Ave #3

Near West Side • 1016 S Claremont Ave #3

1 Bed

$1,225

featured image of 2937 S King Dr

Douglas • 2937 S King Dr

1 Bed

$1,194–$5,316

featured image of 3501 W Adams St

East Garfield Park • 3501 W Adams St

1 Bed

$1,185

featured image of 3233 S King Dr

Douglas • 3233 S King Dr

1 Bed

$1,125–$1,630

Rent trends in Loop

1-bedroom apartments at 701 South Wells St, Chicago, IL, 60607 cost about 53% less than the average rent price for 1-bedroom apartments in Chicago.

Median rents as of Sep 12 2026.
Loop
Chicago
A table of 1-bedroom apartment rental data trends in Chicago
MonthMedian Rent
September 2024$2,250
October 2024$2,200
November 2024$2,118
December 2024$1,961
January 2025$1,932
February 2025$1,991
March 2025$2,036
April 2025$2,050
May 2025$2,040
June 2025$2,012
July 2025$2,172
August 2025$2,064
September 2025$1,986
October 2025$1,940
November 2025$1,952
December 2025$1,950
January 2026$1,997
February 2026$2,041
March 2026$2,232
April 2026$2,219
May 2026$2,257
June 2026$2,198
July 2026$2,192
August 2026$2,189
September 2026$2,195
A table of 1-bedroom apartment rental data trends in Loop
MonthMedian Rent
September 2024$2,578
October 2024$2,545
November 2024$2,483
December 2024$2,355
January 2025$2,381
February 2025$2,427
March 2025$2,485
April 2025$2,549
May 2025$2,602
June 2025$2,640
July 2025$2,725
August 2025$2,630
September 2025$2,564
October 2025$2,575
November 2025$2,449
December 2025$2,499
January 2026$2,504
February 2026$2,535
March 2026$2,652
April 2026$2,678
May 2026$2,745
June 2026$2,722
July 2026$2,705
August 2026$2,656
September 2026$2,675

Schools near 701 South Wells St, Chicago, IL, 60607

South Loop Elementary School

1212 s plymouth ct

chicago, IL, 60605

PK, K-8Public
B+

Rudolph Elementary Learning Center

1628 w washington blvd

chicago, IL, 60612

PK, K-7Public
C+

Ruben Salazar Bilingual Center

160 w wendell st

chicago, IL, 60610

PK, K-8Public
C+

Chicago Commons Guadalupano Family Center

1814 s paulina ave

chicago, IL, 60608

PKPublic

Skinner North Elementary School

640 w scott st

chicago, IL, 60610

K-8Public
A-
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Internet available near 701 South Wells St, Chicago, IL, 60607

Neighborhood

Loop | Chicago, IL

NEIGHBORHOOD VIBE
Lively and energetic
You’ll be in the heart of the action in this bustling and vibrant area with plenty of shopping, nightlife, and culture.

Getting around Chicago near 701 S Wells Street

Walking

9/10
No car? No problem. Everything you need is within a few blocks.

Driving

4/10
This area is accessible to thoroughfares and has ample parking options.

Cycling

8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 701 S Wells Street, Chicago

Groceries

10/10
Exceptional variety of groceries within a few minutes' walk

Shopping

10/10
Exceptional variety of shops within a few minutes’ walk

Cafes

10/10
Exceptional variety of cafés within a few minutes’ walk

Restaurants

10/10
Exceptional variety of restaurants within a few minutes’ walk

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

8/10
At least one high school within a 10-minute walk

Parks

8/10
Very large amount of park space within a few minutes' walk

Nightlife

10/10
Exceptional variety of bars right within a few minutes’ walk

Explore the area around 701 S Wells Street

Market Square Lofts
161 W Harrison St
Urban Pantry
730 S Clark St
South Loop Market
235 W Van Buren St
Open Markets
311 S Wacker Dr
Whole Foods Market
1101 S Canal St

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