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$635,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 503 N Wells St #3
General
- Price: $635,000
- HOA FEE: $445/month
- Taxes: $9,813 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12628455
- Updated: 5/1/2026
- Added to Site: 3 day(s) ago
Interior
- Basement: None
- Interior Features: Cathedral Ceiling(s), Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Gas Log, Gas Starter
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: Separate Shower, Double Sink, Full Body Spray Shower, Soaking Tub
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Storage, Sundeck
Location
- Area: CHI - Near North Side
- County: Cook
- Township: North Chicago
- Driving Directions: Grand Avenue to Wells, then Southbound on to Wells and Illinois Street.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: Insurance, Exterior Maintenance, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK, Size Limit
- Pet Restrictions: Cats OK, Dogs OK, Size Limit, / 60lbs.
- Mgmt. Company: Westward 360
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Structure Type: Condo/Loft, Mid-Rise (4 to 6 Stories)
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Windows: Skylight(s)
- Sub-Flooring: Hardwood
- Entry Floor Number: 3
- Stories/Levels: 4
- Square Feet: 1,900
- Sq. Ft. Source: Estimated
- Year Built: 1907
- Built Before 1978: Yes
Unit Information
- Units in Building: 15
Lot Features
- Lot Dimensions: COMMON
Animals
- Animals Allowed: Cats OK, Dogs OK, Size Limit
Financial Considerations
- Association Fee: $445
- Assoc Fee Freq.: Monthly
- Assessment Year: 1907
- Tax Amount: $9,813.67
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 17092450161007
Listed by eXp Realty
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Schools
Schools serving 503 N Wells St #3
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Ogden Elementary School 24 West Walton Street, Chicago, IL 60610 | K-8 | 0.7 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 503 N Wells St #3
Date
Details
Price
Change
Source
4/16/2026
Listed
$635,000
19.81%
MLS
3/31/2015
Sold
$530,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 503 N Wells St #3
Year
Property Taxes
Change
Tax Assessment
Change
2023
$10,905
3%
$54,999
—
2022
$10,609
2%
$54,999
—
2021
$10,390
9%
$54,999
20%
2020
$9,520
2%
$45,837
-8%
2019
$9,309
2%
$49,763
—
2018
$9,151
-11%
$49,763
-3%
2017
$10,340
—
$51,408
—
2016
$10,296
9%
$51,408
—
2015
$9,420
11%
$51,408
12%
2014
$8,482
2%
$45,715
—
2013
$8,314
1%
$45,715
—
2012
$8,203
—
$45,715
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 503 N Wells St #3
503 N Wells Street #3, Chicago, IL 60654 (MLS# 12628455) is a Condo property with 2 bedrooms and 2 full bathrooms. 503 N Wells Street #3 is currently listed for $635,000 and was received on April 30, 2026. Want to learn more about 503 N Wells Street #3? Do you have questions about finding other Condo real estate for sale in Near North Side? You can browse all Near North Side real estate or contact a Coldwell Banker agent to request more information.

