4 Days Ago
Highlights
- Sundeck
- In-unit laundry
- Gas fireplace
- Stainless steel appliances
- Business center
- Yoga room
Location
701 S Wells St, Chicago, IL 60607, USA|Loop
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Property management
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Amenities for 701 S Wells St, Loop
Apartment Amenities
| Air Conditioning | Fireplace |
| Hardwood Floor | Walk-in Closet |
Appliances
| Dishwasher |
Building
| Business Center | Elevator |
| Onsite Laundry | Roof Deck |
Grounds
| Outdoor Space |
Services
| Door Attendant | On-Site Management |
| Package Service |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Contact for more information on pet policy.
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 701 S Wells St
Sweet deal!
This listing is 25% below the median price for 1 bedroom apartments in Loop.
ZMP94324274 - Stunning 1-Bedroom Apartment with Private Terrace and Incredible City Views 701 S Wells St Unit 803 Welcome to this charming 1-bedroom, 1-bathroom unit in the heart of the Loop! This cozy 650 sqft apartment offers an abundance of natural light and features a huge private terrace with an incredible view of the city skyline. The kitchen is designed for comfort and functionality, featuring a spacious island and stainless steel appliances, including a fridge, gas stove, microwave, and dishwasher. For your convenience, this unit also includes in-unit laundry. Enjoy the warmth and ambiance of the gas fireplace, perfect for cozy nights in. The building is extremely well-managed, offering a full-time manager on-site and exceptional amenities, including 24-hour attended door, exercise room, yoga room, business center, sundeck, and a receiving room. Located just steps from the Loop L trains, Van Buren Station, and Roosevelt Collection shopping, this unit provides the perfect blend of city living and convenience. Heat, A/C, and cable are included in the rent, with the tenant paying only electricity. The management firm also requires a mandatory Resident Benefits Package for an additional $40/month, which includes renters insurance, positive credit reporting for on-time rental payments, identity fraud protection, and more. Don\'t miss out on this fantastic apartment in a prime location schedule your showing today! Presented by Fulton Grace Realty
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 701 S Wells St compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- High school nearby
- There is a high school 0.3 mile away
- Elevator
- Improved accessibility features
- Fireplace
- Upgraded in-unit features
- Images Available
- There are at least 10 photos of this address
- Package service
- More secure storage for delivery
- Walk-in closet
- More closet space on average
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.5 mile away
Address details
| Neighborhood | Loop |
|---|---|
| Zip code | 60607 |
| Type | Apartment for rent |
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Rent trends in Loop
1-bedroom apartments at 701 S Wells St cost about 25% less than the average rent price for 1-bedroom apartments in Chicago.
Median rents as of Sep 13 2025.
Loop
Chicago
| Month | Median Rent |
|---|---|
| September 2023 | $2,075 |
| October 2023 | $2,023 |
| November 2023 | $2,050 |
| December 2023 | $2,116 |
| January 2024 | $2,165 |
| February 2024 | $2,174 |
| March 2024 | $2,319 |
| April 2024 | $2,180 |
| May 2024 | $2,248 |
| June 2024 | $2,337 |
| July 2024 | $2,354 |
| August 2024 | $2,210 |
| September 2024 | $2,235 |
| 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 | $1,973 |
| Month | Median Rent |
|---|---|
| September 2023 | $2,475 |
| October 2023 | $2,407 |
| November 2023 | $2,348 |
| December 2023 | $2,395 |
| January 2024 | $2,403 |
| February 2024 | $2,357 |
| March 2024 | $3,216 |
| April 2024 | $2,638 |
| May 2024 | $2,453 |
| June 2024 | $2,538 |
| July 2024 | $3,364 |
| August 2024 | $2,618 |
| September 2024 | $2,591 |
| 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 | $2,594 |
Affordability calculator
Can I afford to live at 701 S Wells St?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$78,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $78,000 annually to afford this 1-bedroom monthly rent price of $1,950.
For more information on rent affordability, visit our rent calculator.
Schools near 701 S Wells St
South Loop Elementary School
1212 s plymouth ct
chicago, IL, 60605
PK, K-8Public
B+
Ruben Salazar Bilingual Center
160 w wendell st
chicago, IL, 60610
PK, K-8Public
C+
Skinner North Elementary School
640 w scott st
chicago, IL, 60610
K-8Public
A-
Kellman Corporate Community Elementary School
3030 w arthington st
chicago, IL, 60612
PK, K-8Public
C-
Thomas Early Childhood Center
3625 s hoyne ave
chicago, IL, 60609
PKPublic
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Internet available near 701 S Wells St
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 St
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 St, Chicago
Groceries
9/10
At least one supermarket within a 5-minute walk
Shopping
10/10
Exceptional variety of shops within a few minutes’ walk
Cafes
9/10
Exceptional variety of cafés within a few minutes’ walk
Restaurants
9/10
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
9/10
Exceptional variety of bars right within a few minutes’ walk
Explore the area around 701 S Wells St
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
Melt DeSigns Inc
47 W Polk St
Jugrnaut
427 S Dearborn St
Fleet Feet
1145 S Delano Ct E
Victoria's Secret & PINK
1138 S Delano Ct W
Karoll's Fine Custom Clothing
175 W Jackson Blvd
Dollop Coffee Company
801 S Financial Pl
Dunkin'
626 S Clark St
Cafe Press Chicago
800 S Clark St
Starbucks
555 S Dearborn St
Hero Coffee Bar
439 S Dearborn St
Sociale Chicago
800 S Clark St
First Draft
649 S Clark St
Persona
408 S Wells St
Kasey's Tavern
701 S Dearborn St
Bar Louie-Printers Row
47 W Polk St
Wicked Good Cupcakes LLC
311 S Wacker Dr
TNS Pop Shop
West Town Bakery
190 S La Salle St
Molly's Cupcake
1150 S Wabash Ave
Sweet Bean
1152 S Wabash Ave
Printers Row Park
Dearborn Park
Pritzker Park
Mary Richardson Jones Park
Heritage Green Park
All-Star Seafood & Sports
730 S Clark St
Umai Japanese Kitchen & Sushi
730 S Clark St
Dunkin'
626 S Clark St
Pat's Pizzeria
628 S Clark St
Subway
630 S Clark St
Clark / Polk
Wentworth
Clark / Polk
Wentworth
Clark / Polk
North Bolingbrook – East Loop Express, Plainfield-East Loop Express
Clark / Harrison
Clark, Clark
Clark / Harrison
Wentworth
LaSalle Street
Rock Island
Chicago Union Station
Burlington Northern, Heritage Corridor, Milwaukee North, Milwaukee West, North Central Service, Southwest Service
Van Buren St.
South Shore Line, South Shore Line, Metra Electric
Museum Campus / 11th St.
South Shore Line, South Shore Line
Museum Campus/11th St.
Metra Electric
Lasalle
Blue Line, Blue Line
Lasalle / Van Buren
Brown Line, Pink Line, Purple Line, Orange Line
Harrison
Red Line, Red Line
Harold Washington Library
Purple Line, Brown Line, Orange Line, Pink Line
Quincy
Orange Line, Purple Line, Pink Line, Brown Line
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