503 N Wells Street #2, Chicago, IL 60654
Local realty services provided by:Better Homes and Gardens Real Estate Connections
503 N Wells Street #2,Chicago, IL 60654
$635,000
- 2 Beds
- 2 Baths
- 1,650 sq. ft.
- Condominium
- Pending
Listed by: greg nagel
Office: ask nagel
MLS#:12594340
Source:MLSNI
Price summary
- Price:$635,000
- Price per sq. ft.:$384.85
- Monthly HOA dues:$445
About this home
If you want to live in the heart of River North, but don't want to live in another cookie cutter box in the sky that feels like a dorm room and don't want crazy high assessments, then you just might have found your dream home! This boutique 4 unit building in a 15 unit association offers privacy and scale. Unlike all the other high rises that feel like narrow bowling alleys, and are starved for size with low ceiling heights, this 1,650 sqft unit is extra wide at 24 feet, plus boasts 10.5 foot ceilings, so you feel size, width, and volume immediately! The 528 sqft (22x24) ultra-sunny open concept great room features 5 west facing bay windows, including a massive picture window, 10.5 foot ceilings, a distinct area for a huge 10+ person dining room table, and a cozy gas/wood fireplace. The kitchen features newer appliances, new quartz counters, new backsplash, and fantastic built in lighting and designer cabinets. Newly refinished natural bright hardwood floors throughout! The spacious primary suite features new ceiling fan, sconce lights with dimmers, and includes an enormous wall of closets. The primary bath features a new 60 inch vanity with led mirrors, new tile, a linen closet, a large Jacuzzi tub, and an oversized new glass shower. The massive 12x17 second bedroom also has new lighting, a new closet, and leads directly to a great private BRAND NEW deck with city views which overlooks a super unique community patio and garden. It really is like you have your own city oasis! Newer luxury full size Electrolux laundry included. The Assessments of $445 are extremely low, and out of the 196 two bed two bath properties that have closed in 60654 in the last 12 months, this unit had the very lowest assessment. The average assessment was $963! Spreadsheet detail in marketing materials. Even with these very low assessments, the association has $66K in reserves in this low amenity building. Garage Parking can be leased for $309 a month and is only one-quarter block away (See, last picture Blue= P). A+ River North Location which is 1/2 block to Lou Malnati's and Al's Beef, 1 block to the Merchandise Mart and El trains, 2 blocks to the Riverwalk, 2.5 blocks to Mastros Steakhouse, and 3 blocks to the East Bank Club....
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Home facts
- Year built:1901
- Listing ID #:12594340
- Added:5 day(s) ago
- Updated:March 29, 2026 at 07:57 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:5
- Dining Description:Combined With Living Room
- Bathrooms Description:Separate Shower, Soaking Tub
- Kitchen Description:Dishwasher, Gas Cooktop, Gas Oven, Range, Range Hood, Refrigerator, Stainless Steel Appliance(s)
- Basement:Yes
- Living area:1,650 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Natural Gas
- Central air:Yes
Structure and exterior
- Roof:Rubber
- Year built:1901
- Building area:1,650 sq. ft.
- Foundation Description:Concrete Perimeter
Schools
- Middle school:Ogden Elementary
- Elementary school:Ogden Elementary
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$635,000
- Price per sq. ft.:$384.85
- Tax amount:$9,814 (2024)
Features and amenities
- Amenities:CO Detectors, Ceiling Fan(s), Intercom, TV-Cable
Parking
- Total parking spaces:2
- Parking description:Detached Garage, Garage
- Garage:Yes
- Garage spaces:2
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