503 N Wells St Unit 3 Chicago, IL 60654
River North NeighborhoodEstimated payment $4,650/month
Highlights
- Deck
- Wood Flooring
- Stainless Steel Appliances
- Cathedral Ceiling
- Sundeck
- Skylights
About This Home
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!
Listing Agent
eXp Realty Brokerage Phone: (773) 630-9205 License #475188240 Listed on: 07/08/2026
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
- 4-Story Property
- Cathedral Ceiling
- Skylights
- Gas Log Fireplace
- Living Room with Fireplace
- Open Floorplan
- Dining 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
- 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $45,467 | $12,493 | $32,974 |
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/08/2026 07/08/26 | For Sale | $615,000 | 0.0% | -- | |
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $345,800 | New Conventional | |
| Closed | $397,500 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $356,000 | Unknown | |
| Closed | $356,000 | Unknown | |
| Previous Owner | $94,000 | Credit Line Revolving | |
| Previous Owner | $299,550 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $25,000 | Credit Line Revolving | |
| Previous Owner | $300,000 | No Value Available | |
| Previous Owner | $100,000 | Unknown |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12699802
APN: 17-09-245-016-1007
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Ask me questions while you tour the home.