Updated 7 Hours Ago
Location
503 N Wells St #3, Chicago, IL 60654, USA|Near North Side
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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
Less expensive- More space
- Eco-friendly trash disposal
Great for
Social life
Pet owners
Eco living
Amenities for 503 N Wells St #3, Near North Side
Features
| Central Air | Hardwood Floor |
| High Ceilings | Natural Gas |
| Walk-in Closet |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Exterior Type: Brick | Four Floors |
| Laundry Room |
Other
| Five Rooms |
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
About 503 N Wells St #3
Sweet deal!
This listing is 16% below the median price for 2 bedroom apartments in Near North Side.
Property Status: Active Available for immediate occupancy! Manhattan Style Penthouse Loft in an intimate walk up building! This show stopper is perched above the heart of River North and all it has to offer. Flooded with natural light, 14 foot ceilings and multiple skylights. Exposed brick, strategically featured glassblock and dark hardwood floors flow throughout creating an airy, inviting environment. The open kitchen is perfectly situated for entertaining and showcases custom, white cabinetry and Bosch stainless steel appliances. The dramatic features of the home continue down the hall to the den (which was once a full second bedroom and can be put back in place) and amazing primary suite. The suite has a fantastic walk-in closet, and a light, bright bath. You'll notice the dual, freestanding vanities, but you will quickly be drawn to the freestanding tub and huge, spa stye shower. This open space is surrounded by a gently curved wall, sheathed in rich mosaic tile with a huge skylight above. You can enjoy your brand new private deck with forever city views and the rear stairs will take you down to the spacious, landscaped common building deck. All of the oversized windows have been outfitted with custom, blackout and light filtering shades controlled by your home automated system. Super low assessments in this intimate 4 unit building in a 15 unit association. Over $60k in reserves. Currently set up as a 1-bed + den but can easily be converted to a 2-bedroom 2-bathroom. The unit directly below recently closed for $635,000. Hurry, this won't last at this price! Office Phone: (773) 630-9205 Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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 503 N Wells St #3 compares to other nearby properties.
Positives
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- More space
- The 2-bedroom is 70 sqft larger than other listings nearby
- Eco-friendly trash disposal
- This property has recycling pickup
- Fireplace
- In-unit features
- Images Available
- There are at least 10 photos of this property
Considerations
- Greater distance from high schools
- The nearest high school is farther than 0.7 miles away
Address details
| Neighborhood | Near North Side |
|---|---|
| Zip code | 60654 |
| Type | House for rent |
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Rent trends in Near North Side
2-bedroom apartments at 503 N Wells St #3 cost about 16% less than the average rent price for 2-bedroom apartments in Chicago.
Median rents as of Oct 10 2026.
Near North Side
Chicago
| Month | Median Rent |
|---|---|
| October 2024 | $2,650 |
| 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 | $2,419 |
| October 2025 | $2,402 |
| November 2025 | $2,428 |
| December 2025 | $2,348 |
| January 2026 | $2,436 |
| February 2026 | $2,425 |
| March 2026 | $2,537 |
| April 2026 | $2,503 |
| May 2026 | $2,574 |
| June 2026 | $2,595 |
| July 2026 | $2,536 |
| August 2026 | $2,512 |
| September 2026 | $2,518 |
| October 2026 | $2,645 |
| Month | Median Rent |
|---|---|
| October 2024 | $3,750 |
| November 2024 | $3,732 |
| December 2024 | $3,690 |
| January 2025 | $3,702 |
| February 2025 | $3,733 |
| March 2025 | $3,900 |
| April 2025 | $3,957 |
| May 2025 | $4,126 |
| June 2025 | $4,199 |
| July 2025 | $4,198 |
| August 2025 | $4,128 |
| September 2025 | $4,001 |
| October 2025 | $3,952 |
| November 2025 | $3,844 |
| December 2025 | $3,858 |
| January 2026 | $3,883 |
| February 2026 | $3,962 |
| March 2026 | $4,163 |
| April 2026 | $4,306 |
| May 2026 | $4,425 |
| June 2026 | $4,462 |
| July 2026 | $4,380 |
| August 2026 | $4,295 |
| September 2026 | $4,208 |
| October 2026 | $4,173 |
Affordability calculator
Can I afford to live at 503 N Wells St #3?
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
$140,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $140,000 annually to afford this 2-bedrooms monthly rent price of $3,500.
For more information on rent affordability, visit our rent calculator.
Schools near 503 N Wells St #3
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-
Rudolph Elementary Learning Center
1628 w washington blvd
chicago, IL, 60612
PK, K-7Public
C+
Chicago Commons Guadalupano Family Center
1814 s paulina ave
chicago, IL, 60608
PKPublic
Neighborhood
Near North Side | Chicago, IL
Getting around Chicago near 503 N Wells St #3
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 503 N Wells St #3, 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
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
Explore the area around 503 N Wells St #3
Foxtrot Market
401 N Wells St
Aqua Food & Liquor
503 Mars La Salle Dr
North Loop Market
300 N State St
Jewel-Osco
550 N State St
Bensidoun USA Inc
405 N Wabash Ave
Atlas Bonnie
444 N Wells St
Glamour Closet
209 W Illinois St
Mohop Inc
222 Merchandise Mart Plz
Edelman Leather
222 Merchandise Mart Plz
Destnation Apparel
301 W Grand Ave
Joe & the Juice
215 W Hubbard St
Starbucks
430 N Clark St
Doughnut Vault
401 N Franklin St
Firecakes Craft Donuts
68 W Hubbard St
Starbucks
470 Merchandise Mart
Bar Goa, An Indian Restaurant & Cocktail Bar
116 W Hubbard St
Parlay River North
112 W Hubbard St
Hawksmoor Chicago
500 N La Salle Dr
Comedy Bar
500 N La Salle Dr
Hubbard Inn
110 W Hubbard St
Insurgent Brands LLC
412 N Wells St
Sunny Bowls
222 Merchandise Mart Plz
The Social Cheese
222 Merchandise Mart Plz
Einstein Bros Bagels
400 N Dearborn St
Goddess and the Baker, Wacker & Lasalle
225 N La Salle St
Park
Garden
theMart River Park
Garden
The Water Plaza
Soul Vibez Signature
431 N Wells St
Lou Malnati's Pizzeria
439 N Wells St
Bar Goa, An Indian Restaurant & Cocktail Bar
116 W Hubbard St
Parlay River North
112 W Hubbard St
Hawksmoor Chicago
500 N La Salle Dr
LaSalle / Hubbard
LaSalle
LaSalle / Kinzie
LaSalle
LaSalle / Illinois
LaSalle
Wells / Hubbard
Sedgwick, Water Tower Express
Illinois / Wells
Grand
Millennium Station
Metra Electric
Millennium Station
Lakeshore Corridor, Monon Corridor
Chicago OTC
Union Pacific Northwest, Union Pacific North, Union Pacific West
Chicago Union Station
Burlington Northern, Milwaukee North, Milwaukee West, Southwest Service, North Central Service, Heritage Corridor
Chicago Union Station
Hiawatha Service, Lincoln Service, Wolverine, Empire Builder, Lake Shore Limited, Texas Eagle, Blue Water, Borealis, California Zephyr, Carl Sandburg, City of New Orleans, Floridian, Illini, Illinois Zephyr, Lincoln Service Missouri River Runner, Pere Marquette, Saluki, Southwest Chief, Cardinal
Merchandise Mart (Brown / Purple)
Brown Line, Purple Line
Grand (Red)
Red Line
Clark / Lake
Blue Line, Green Line, Brown Line, Orange Line, Pink Line, Purple Line
Lake (Subway)
Red Line
Chicago (Brown / Purple)
Brown Line, Purple Line
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