503 N Wells St Unit 3 Chicago, IL 60654
River North NeighborhoodEstimated payment $4,629/month
Highlights
- Deck
- 3-minute walk to Merchandise Mart Station
- Sundeck
- Cathedral Ceiling
- Wood Flooring
- Stainless Steel Appliances
About This Home
Manhattan Style Penthouse Loft! 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 massive 1 bed plus den but can easily be converted to a 2 bedroom 2 bathroom if needed.
Listing Agent
eXp Realty Brokerage Phone: (773) 630-9205 License #475188240 Listed on: 04/30/2026
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,814
Year Built
- Built in 1907
HOA Fees
- $445 Monthly HOA Fees
Home Design
- Entry on the 3rd floor
- Brick Exterior Construction
Interior Spaces
- 1,900 Sq Ft Home
- 4-Story Property
- Cathedral Ceiling
- Skylights
- Gas Log Fireplace
- Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
- Soaking Tub
- Shower Body Spray
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include insurance, exterior maintenance, scavenger, snow removal
- 15 Units
- Association Phone (773) 472-2300
- Mid-Rise Community
- Property managed by Westward 360
Amenities
- Sundeck
- Community Storage Space
Pet Policy
- Pets up to 60 lbs
- Pet Size Limit
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,905 | $52,141 | $12,493 | $39,648 |
| 2024 | $10,905 | $52,141 | $12,493 | $39,648 |
| 2023 | $10,609 | $55,000 | $13,880 | $41,120 |
| 2022 | $10,609 | $55,000 | $13,880 | $41,120 |
| 2021 | $10,390 | $54,999 | $13,880 | $41,119 |
| 2020 | $9,520 | $45,837 | $7,772 | $38,065 |
| 2019 | $9,309 | $49,763 | $7,772 | $41,991 |
| 2018 | $9,151 | $49,763 | $7,772 | $41,991 |
| 2017 | $10,340 | $51,408 | $6,620 | $44,788 |
| 2016 | $10,296 | $51,408 | $6,620 | $44,788 |
| 2015 | $9,420 | $51,408 | $6,620 | $44,788 |
| 2014 | $8,482 | $45,715 | $5,181 | $40,534 |
| 2013 | $8,314 | $45,715 | $5,181 | $40,534 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/01/2026 05/01/26 | Price Changed | $635,000 | 0.0% | $334 / Sq Ft | |
| 05/01/2026 05/01/26 | For Sale | $635,000 | 0.0% | $334 / Sq Ft | |
| 12/13/2023 12/13/23 | Rented | $3,500 | +2.9% | -- | |
| 11/14/2023 11/14/23 | For Rent | $3,400 | +13.3% | -- | |
| 12/23/2020 12/23/20 | Rented | $3,000 | -6.3% | -- | |
| 12/20/2020 12/20/20 | Under Contract | -- | -- | -- | |
| 10/05/2020 10/05/20 | For Rent | $3,200 | 0.0% | -- | |
| 04/06/2015 04/06/15 | Sold | $530,000 | -8.5% | $279 / Sq Ft | View Prior Sale |
| 02/13/2015 02/13/15 | Pending | -- | -- | -- | |
| 09/04/2014 09/04/14 | For Sale | $579,000 | -- | $305 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $530,000 | None Available | |
| Warranty Deed | $445,000 | First American | |
| Warranty Deed | $380,000 | -- | |
| Warranty Deed | $285,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $397,500 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $356,000 | Unknown | |
| Previous Owner | $300,000 | No Value Available | |
| Previous Owner | $228,000 | No Value Available | |
| Closed | $28,500 | No Value Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12628455
APN: 17-09-245-016-1007
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
- 503 N Wells St Unit 2
- 303 W Ohio St Unit 2307
- 303 W Ohio St Unit P173
- 303 W Ohio St Unit 1404
- 303 W Ohio St Unit 1901
- 303 W Ohio St Unit 3502
- 303 W Ohio St Unit 1808
- 303 W Ohio St Unit P88
- 303 W Ohio St Unit P54
- 300 W Grand Ave Unit 302
- 330 W Grand Ave Unit 1802
- 330 W Grand Ave Unit 1107
- 330 W Grand Ave Unit P13
- 400 N La Salle St Unit 3009
- 400 N La Salle Dr Unit 3412
- 400 N La Salle Dr Unit 2208
- 400 N La Salle Dr Unit 2001
- 400 N La Salle Dr Unit 2002
- 400 N La Salle Dr Unit 2808
- 400 N La Salle Dr Unit 1403
- 501 N Wells St Unit 2Wa
- 433 N Wells St
- 433 N Wells St
- 433 N Wells St
- 220 W Illinois St
- 200 W Hubbard St Unit 304B
- 111 W Illinois St
- 153 W Ohio St Unit 202
- 153 W Ohio St Unit 204
- 153 W Ohio St Unit 401
- 501 N State St Unit 2203
- 175 W Ohio St
- 199 W Hubbard St
- 311 W Illinois St Unit SI FL8-ID128
- 311 W Illinois St Unit SI FL12-ID821
- 316 W Illinois St
- 316 W Illinois St
- 316 W Illinois St
- 311 W Illinois St
- 420 N Franklin St
Ask me questions while you tour the home.