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Updated over 1 month ago
Contact property manager for current availability

640 North Wells


Chicago, IL

Studio - 3 Bed
•
1 - 2 Bath

500 - 1,200 Sq. Ft.

Available Now
Studio • 1 Bath
$2,330 - $2,380
500 ft2
1 Available
Managed By:
Updated over 1 month ago

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#1904
$2,330+
Available Now
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Studio • 1 Bath
$2,445 - $2,745
635 ft2
5 Available
Managed By:
Updated over 1 month ago

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#2201
$2,570+
Available Now
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#2213
$2,645+
Available Now
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#1601
$2,510+
Available Now
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#1002
$2,445+
Available Now
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#1402
$2,540
Available Now
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Studio • 1 Bath
$2,535 - $2,625
660 ft2
2 Available
Managed By:
Updated over 1 month ago

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#1108
$2,545+
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#1209
$2,535+
Available Now
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Studio • 1 Bath
$2,510 - $2,590
Size: N/A
1 Available
Managed By:
Updated over 1 month ago

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#1414
$2,510+
Available Now
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1 Bed • 1 Bath
$3,090 - $3,555
799 ft2
3 Available
Managed By:
Updated over 1 month ago

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#1409
$3,090+
Available Now
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#2208
$3,305+
Available Now
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#1507
$3,270+
Available Now
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1 Bed • 1 Bath
$3,245 - $3,490
Size: N/A
1 Available
Managed By:
Updated over 1 month ago

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#2112
$3,245+
Available Now
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1 Bed • 1 Bath
$3,015 - $3,140
775 ft2
2 Available
Managed By:
Updated over 1 month ago

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#0715
$3,015
Available Now
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#1215
$3,140
Available Now
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1 Bed • 1 Bath
$3,445 - $3,520
880 ft2
1 Available
Managed By:
Updated over 1 month ago

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#1213
$3,445+
Available Now
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2 Beds • 2 Bath
$4,525
1130 ft2
1 Available
Managed By:
Updated over 1 month ago

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#2005
$4,525
Available Now
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2 Beds • 2 Bath
$4,580
1140 ft2
1 Available
Managed By:
Updated over 1 month ago

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#1511
$4,580
Available Now
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2 Beds • 2 Bath
$4,680
Size: N/A
1 Available
Managed By:
Updated over 1 month ago

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#2205
$4,680
Available Now
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2 Beds • 2 Bath
$4,515
1180 ft2
1 Available
Managed By:
Updated over 1 month ago

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#1610
$4,515
Available Now
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2 Beds • 2 Bath
$4,390 - $4,510
1200 ft2
2 Available
Managed By:
Updated over 1 month ago

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#0712
$4,390+
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#1312
$4,510
Available Now
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3 Beds • 2 Bath
$6,195
Size: N/A
1 Available
Managed By:
Updated over 1 month ago

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#2003
$6,195
Available Now
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Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
99
Walker's Paradise
Amenities
In-unit Laundry
Air Conditioning
Fitness Center
Refrigerator
Pool
Dishwasher
Balcony, Deck, Patio
Range / Oven
Stainless Steel Appliances
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Park
Breed Restrictions:

Breed Restrictions Apply.

Number Limit:

Max 2 allowed.

Pet Fee:

$300 per cat, $500.00 for 1 dog and $750 for 2 dogs.

Property details
Additional Details
Total Unit Count: 1
Last Updated: Updated over 1 month ago
Contact Number: (833) 546-2430
Photos Floor Plans Amenities
Neighborhood
River North
Experience the Magnificent Mile & Michigan Avenue in Chicago’s River North

Chicago was incorporated in 1837 on waterways--for trading--and was re-built in 1871 after the Chicago Fire. The area known today as River North contained warehouses, shipping facilities, railroad tracks, worker’s housing, factories and forges. Because of the number of factories--and the smoke they produced--the area was referred to as Smokey Hollow. When the port was closed the area fell into disrepair as the warehouses and factories vacated and residents moved to the suburbs. From the 1920s through the 1960s it was almost deserted and became known as a red-light district. As artists began to reclaim the large vacated buildings for relatively little money, they turned the old warehouses and factories into galleries, studios, offices and apartments. Real estate developer Albert Friedman coined the name River North to help the area lose its reputation as a derelict district.

River North now has the largest concentration of art galleries outside of Manhattan and a revitalized entertainment industry. It is also home to international corporations such as ConAgra, Groupon and Motorola. The eastern border is Michigan Avenue; the northern edge is Chicago Avenue and the Chicago River is on the south and west perimeters.
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 640 North Wells by bedroom type below.
Studio
Suggested income:
$90,500
per year
1 Bedroom
Suggested income:
$115,600
per year
2 Bedroom
Suggested income:
$162,100
per year
Rent report

640 North Wells Rent vs. Chicago Average

 640 North Wells      Chicago Average
Studio
$2,515
$1,509
$0
$850
$1,700
$2,550
$3,400
1BR
$3,211
$1,952
$0
$1,050
$2,100
$3,150
$4,200
2BR
$4,504
$2,443
$0
$1,500
$3,000
$4,500
$6,000

640 North Wells is asking 67% more than the average studio apartment in Chicago.

If you upsized to an average priced Chicago 1 bedroom apartment, you would pay 23% more per month.

640 North Wells provides 30% more square footage than the average Chicago studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
640 North Wells
Studio $2,515 $4.00 $7,545
1BR $3,211 $4.00 $9,632
2BR $4,504 $3.80 $13,512
Chicago Average
Studio $1,509 $3.10 $4,528
1BR $1,952 $2.80 $5,856
2BR $2,443 $2.40 $7,328
3BR $3,293 $2.40 $9,880
4BR $3,497 $2.00 $10,490

Availability in Chicago

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 4,618 1BR units on the market in Chicago. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
20% 36% 30% 11% 2%
Available Units in Chicago
Studio 2,530
1BR 4,618
2BR 3,859
3BR 1,386
4BR 286
Location
Nearby Colleges
Campus Buildings and Attractions
Distance Walking Biking Driving
Harold Washington Library Center 1.5 mi 30 min 9 min 2 min
Fitness Center 1.7 mi 33 min 10 min 3 min
(Future) Student Center 1.9 mi 37 min 11 min 3 min
Columbia College Library 1.9 mi 38 min 11 min 3 min
Nearby Hospitals
Name Distance
Ann & Robert H Lurie Children's Hospital Of Chicago 0.68 mi.
Northwestern Memorial Hospital 0.69 mi.
Rehabilitation Institute Of Chicago 0.84 mi.
Nearby Fire Stations
Name Distance
Leyden Fire Protection District 0.2 mi.
Franklin Grove Fire Protection District 0.2 mi.
Franklin Park Fire Department 0.2 mi.
FAQs
Is this property currently leasing units?
Yes. There are 23 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 23 units vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 500 to 1,200 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are studio, 1, 2 and 3 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $2,330 to $6,195. 640 North Wells has studio units available starting at $2,330, 1 bedroom units available starting at $3,015, 2 bedroom units available starting at $4,390, and 3 bedroom units available starting at $6,195.
Where is this property located?
This property is at 640 North Wells in Chicago, IL. It's 4.0 miles southeast from the center of Chicago.
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