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Highlights

  • Pet Friendly

Location

720 S Wells St, Chicago, IL 60607, USA|Loop

Tour 720 S Wells St

Contact

pmc-logo

Dorothy Moody

Our team has verified this company

HotSpot Rentals

(312) 782-8404

Amenities for 720 S Wells St, Loop

Apartment Amenities

BalconyCentral Air - Yes
Flooring Hardwood OnlyHardwood Floor

Appliances

DishwasherDishwasher-All
Gas RangeIn-Unit Laundry
Laundry W/D In Unit

Building

Cats OKDogs OK
EV ChargingFitness Center
High RiseNo Smoking
Onsite Laundry

Grounds

Garage ParkingPool (Out Door)

Other

Dogs-No Weight LimitLuxury Property
Security 24 Hour Doorman
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

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

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About 720 S Wells St

HomeApartments in ChicagoLoop 720 S Wells St, Chicago, IL 60607, USA

Along the river in the South Loop, this studio apartment places you near the Shops at Roosevelt Collection, neighborhood grocery stores, and a nearby Target, all within walking distance. The CTA Red Line is just a few blocks away, and access to I-90/94 makes commuting simple. This studio features a kitchen open to the living space, creating a cohesive layout ideal for both relaxing and entertaining. Sleek hardwood flooring extends throughout the apartment, paired with upgraded white kitchen finishes and modern cabinetry. Angled, oversized windows bring in exceptional natural light while maximizing city and river views, and an in-unit washer and dryer adds everyday convenience. Residents enjoy an outdoor pool and hot tub with private cabanas and fire pits, grilling stations with dining lounges, and even an outdoor screening room. A bocce ball court and game room provide additional entertainment options, while the expansive fitness center with Peloton bikes and a yoga studio suppor


Address details

NeighborhoodLoop
Zip code60607
TypeApartment for rent

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Rent trends in Loop

studio apartments at 720 S Wells St cost about 925% more than the average rent price for studio apartments in Loop.

Median rents as of Jun 13 2026.
Loop
Chicago
A table of studio rental data trends in Chicago
MonthMedian Rent
June 2024$1,835
July 2024$1,931
August 2024$1,691
September 2024$1,682
October 2024$1,630
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$1,695
A table of studio rental data trends in Loop
MonthMedian Rent
June 2024$2,445
July 2024$2,594
August 2024$2,463
September 2024$2,515
October 2024$2,341
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$2,289

Affordability calculator

Can I afford to live at 720 S Wells St?

Bedrooms

Studio

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

$940,080/yr

With your selected rent-to-income ratio, you'd ideally want to make $940,080 annually to afford this studio monthly rent price of $23,502.
For more information on rent affordability, visit our rent calculator.

Schools near 720 S Wells St

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 720 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 720 S Wells St

Walking

8/10
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 720 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 5-minute walk

High schools

9/10
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 720 S Wells St

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235 W Van Buren St
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1101 S Canal St
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