Zumper
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Updated 3 Hours Ago

Highlights

  • Sundeck
  • Prime location
  • In-unit laundry
  • Gas fireplace
  • Stainless steel appliances
  • Business center

Location

701 S Wells St #803, Chicago, IL 60607, USA|Loop
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Tour 701 South Wells Street, Unit 803

Contact

Management

Omar Bucio

Leasing office

(844) 494-6592 ext. 8666

Property Overview

701 South Wells Street, Unit 803 stands out as a strong rental option with an 8.8 Zumper expert rating, excellent value and amenities scores, and a highly convenient location. It is especially appealing for fitness and wellness, social life, and everyday convenience, with natural light, on-site quiet spaces, community gathering areas, nearby parks and restaurants, plus a solid photo set and close access to a top-rated high school.

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

Zumper Expert Rating

8.8
Very Good
With a solid 8.8 out of 10 overall, 701 South Wells Street, Unit 803 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 701 South Wells Street, Unit 803 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive
  • High school nearby
  • Fireplace

Floor plans

701 South Wells Street, Unit 8031 bed1 bath$2,200 /moStunning 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. 24 month lease term preferred. 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

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Amenities for 701 South Wells Street, Unit 803

Apartment Amenities

Air ConditioningDryer
ElectricityFireplace
GasWater

Appliances

DishwasherIn-Unit Laundry
MicrowaveRange/Oven
Refrigerator

Building

Business CenterOnsite Laundry
Roof Deck

Services

On-Site ManagementPackage 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

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
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About 701 South Wells Street, Unit 803

HomeApartments in ChicagoLoop 701 South Wells Street, Unit 803

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. 24 month lease term preferred. 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


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.8
/10
Very Good
With a solid 8.8 out of 10 overall, 701 South Wells Street, Unit 803 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 701 South Wells Street, Unit 803 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 701 South Wells Street, Unit 803
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
701 South Wells Street, Unit 803 offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
701 South Wells Street, Unit 803 stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—in-unit laundry—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
701 South Wells Street, Unit 803 is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 701 South Wells Street, Unit 803 does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

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 South Wells Street, Unit 803 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 miles away
Fireplace
In-unit features
Images Available
There are at least 10 photos of this property
Laundry available on site
Washers and dryers are available in-building
Package service
More secure storage for delivery
Roof deck
Public roof space available

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 0.5 miles away

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Rent trends in Loop

1-bedroom apartments at 701 South Wells Street, Unit 803 cost about 16% less than the average rent price for 1-bedroom apartments in Loop.

Median rents as of Oct 3 2026.
Loop
Chicago
A table of studio rental data trends in Chicago
MonthMedian Rent
October 2024$1,605
November 2024$1,568
December 2024$1,501
January 2025$1,483
February 2025$1,495
March 2025$1,520
April 2025$1,512
May 2025$1,502
June 2025$1,531
July 2025$1,580
August 2025$1,516
September 2025$1,473
October 2025$1,495
November 2025$1,520
December 2025$1,495
January 2026$1,496
February 2026$1,516
March 2026$1,657
April 2026$1,637
May 2026$1,684
June 2026$1,691
July 2026$1,658
August 2026$1,650
September 2026$1,650
October 2026$1,650
A table of studio rental data trends in Loop
MonthMedian Rent
October 2024$2,188
November 2024$2,238
December 2024$1,938
January 2025$1,954
February 2025$1,989
March 2025$2,042
April 2025$2,107
May 2025$2,162
June 2025$2,195
July 2025$2,212
August 2025$2,210
September 2025$2,216
October 2025$2,186
November 2025$2,145
December 2025$2,234
January 2026$2,224
February 2026$2,217
March 2026$2,236
April 2026$2,248
May 2026$2,249
June 2026$2,297
July 2026$2,331
August 2026$2,316
September 2026$2,301
October 2026$2,277

Affordability calculator

Can I afford to live at 701 S Wells St #803?

Bedrooms

1 bedroom

Rent-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

$88,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $88,000 annually to afford this 1-bedroom monthly rent price of $2,200.
For more information on rent affordability, visit our rent calculator.

Schools near 701 South Wells Street, Unit 803

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 Street, Unit 803

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 #803

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 #803, 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

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