5+ Days Ago
Highlights
Pet Friendly
- In-unit laundry
- Rooftop patio, fireplace
- Central air
Location
501 N Wells St #1E, Chicago, IL 60654, USA|River North
Tour 501 N Wells St #1E
Contact
Taylor DeVos
Nearby rentals
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Property management
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Property Overview
Centrally located, this property offers modern conveniences such as in-unit laundry and central air for comfort. Noteworthy amenities include a rooftop patio ideal for entertaining and a cozy fireplace that adds warmth to the living space. Its urban setting is great for those seeking access to vibrant city life and local attractions.
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
More space- Less expensive
- Extra Storage
Great for
Eco living
Pet owners
Work-from-home
Amenities for 501 N Wells St #1E, River North
Apartment Amenities
| Fireplace |
Appliances
| Dishwasher |
Building
| Cats OK | Dogs OK |
| Onsite Laundry |
Grounds
| Storage |
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
Dog policy
| Allowed |
|---|
Cat policy
| Allowed |
|---|
Contact for more information on pet policy.
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 501 N Wells St #1E
Sweet deal!
This listing is 25% below the median price for 2 bedroom apartments in River North.
This updated 2bd 2ba unit features quartz kitchen countertops, a dishwasher, + a stainless steel double sink. The living/Dining room includes a fireplace that opens to a rooftop patio. The front bedroom has an ensuite bathroom with a walk-in shower. The back bedroom has additional storage above the closet. The second bathroom features dual sinks and a tub shower combo. This unit also boasts in-unit laundry and central air. This home boasts a walk score of 97 and is just blocks from the Merchandise Mart CTA EL Stop for quick access to the Brown & Purple lines and stops for the 37 & 125, and 65 bus lines are just outside your door! Enjoy quick access to numerous grocery stores, shops, and dining options. Listing posted by Taylor DeVos (815) 693-7264. [SYNDID 4082917 09162025]
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 501 North Wells Street, Chicago, IL 60654, USA compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 355 sqft larger than other listings nearby
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- Extra Storage
- Upgraded in-unit features
- Fireplace
- Upgraded in-unit features available
- Images available
- There are at least 10 photos of this address
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
- No covered parking
- Garage or covered parking isn't listed as an amenity here
Address details
| Neighborhood | River North |
|---|---|
| Zip code | 60654 |
| Type | Apartment for rent |
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Rent trends in River North
2-bedroom apartments at 501 N Wells St #1E cost about 25% less than the average rent price for 2-bedroom apartments in Chicago.
Median rents as of Sep 13 2025.
River North
Chicago
| Month | Median Rent |
|---|---|
| September 2023 | $2,595 |
| October 2023 | $2,591 |
| November 2023 | $2,636 |
| December 2023 | $2,691 |
| January 2024 | $2,724 |
| February 2024 | $2,722 |
| March 2024 | $2,929 |
| April 2024 | $2,662 |
| May 2024 | $2,648 |
| June 2024 | $2,764 |
| July 2024 | $2,862 |
| August 2024 | $2,702 |
| September 2024 | $2,706 |
| October 2024 | $2,704 |
| November 2024 | $2,621 |
| December 2024 | $2,508 |
| January 2025 | $2,470 |
| February 2025 | $2,498 |
| March 2025 | $2,508 |
| April 2025 | $2,495 |
| May 2025 | $2,498 |
| June 2025 | $2,498 |
| July 2025 | $2,550 |
| August 2025 | $2,491 |
| September 2025 | $2,396 |
| Month | Median Rent |
|---|---|
| September 2023 | $4,085 |
| October 2023 | $3,920 |
| November 2023 | $3,840 |
| December 2023 | $3,743 |
| January 2024 | $3,642 |
| February 2024 | $4,423 |
| March 2024 | $5,311 |
| April 2024 | $4,669 |
| May 2024 | $4,450 |
| June 2024 | $4,982 |
| July 2024 | $4,427 |
| August 2024 | $4,106 |
| September 2024 | $3,896 |
| October 2024 | $3,850 |
| November 2024 | $3,832 |
| December 2024 | $4,132 |
| January 2025 | $4,230 |
| February 2025 | $3,864 |
| March 2025 | $4,018 |
| April 2025 | $4,006 |
| May 2025 | $4,379 |
| June 2025 | $4,536 |
| July 2025 | $4,645 |
| August 2025 | $4,167 |
| September 2025 | $4,018 |
Affordability calculator
Can I afford to live at 501 N Wells St #1E?
Bedrooms
2 bedroomsRent-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
$128,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $128,000 annually to afford this 2-bedrooms monthly rent price of $3,200.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| This month | $3,200 | 2 bed | 2 bath | ||
| 3 months ago | $3,200 | 2 bed | 2 bath | ||
| 3 months ago | $3,200 | 2 bed | 2 bath | ||
| 7 months ago | $3,200 | 2 bed | 2 bath | ||
| 8 months ago | $3,200 | 2 bed | 2 bath | ||
| 8 months ago | $3,200 | 2 bed | 2 bath | ||
| 8 months ago | $3,200 | 2 bed | 2 bath | ||
| 8 months ago | $3,200 | 2 bed | 2 bath | ||
| 8 months ago | $3,200 | 2 bed | 2 bath |
Schools near 501 N Wells St #1E
William B Ogden Elementary School
24 w walton st
chicago, IL, 60610
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 501 N Wells St #1E
Neighborhood
River North | 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 501 N Wells St #1E
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
3/10
Roads are accessible, but parking may be a challenge.
Cycling
8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 501 N Wells St #1E, Chicago
Groceries
10/10
At least one supermarket within a 5-minute 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
7/10
At least one elementary school within a 15-minute walk
High schools
6/10
At least one high school within a 15-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
Other units at this address
501 North Wells Street, Chicago, IL
501 North Wells Street Chicago, IL
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Air Conditioning • On-Site Laundry • In-Unit Laundry • Hardwood Floor • Fireplace • Deck
Occupied
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2 Baths
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Fitness Center • Air Conditioning • On-Site Laundry • In-Unit Laundry • Hardwood Floor • Fireplace
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