505 N STATE ST — Rent Intelligence for River North, Chicago

River North · Chicago, IL

Current rent range

$2,821 – $6,924 / mo

5 bedroom bands tracked · sampled from recent listings

Leave a review

★★★★★3.414 reviews

Verified reviewsHIOwned byHPT IHG CHICAGO PROPERTY LLC1 bldg

505 N STATE ST

Chicago, IL

505 N STATE ST, Chicago, IL is a rental building in River North, Chicago. See every violation, 311 complaint, tenant review, and the LucidIQ score — before you sign a lease.

HPD violations28last 7 years · class A, B, C

Evictions filed0last 7 years

Tenant reviews143.4 ★ avg

Rent-stab units—no coverage

Building age—year unknown

311 complaints0last 7 years

01 / 09

Rental intelligence.

Neighborhood Median Rent

River North · March 2026

1 BR

$3,068/mo

1 listing

1 BR

$2,821/mo

1 listing

2 BR

$4,197/mo

1 listing

3 BR

$6,909/mo

1 listing

3 BR

$6,924/mo

1 listing

Compare this building's listings above against the neighborhood medians.

Seasonal Pattern

Best & worst months to sign a lease

Cheapest

June

Most expensive

July

JFMAMJJASOND

Potential savings: ~19% by timing your move to June.

Units Historic Rent 3 listings

1 Bed$2,7862 listings

2 Bed$3,9751 listing

3 Bed$6,6751 listing

Neighborhood Rent Range River North

1 Bed1 listing

$3,068

$3,020 – $3,070

2 Bed1 listing

$4,197

$2,469 – $3,657

3 Bed1 listing

$5,695

$5,695

Range (P25 – P75)MedianBased on recent listings in River North

01 / 09

Rental intelligence.

01b / 09

Rent trends.

Downtown Chicago

Quarterly market rent, 2014–2026 (latest = Q1 2026 forecast)

Asking rent

$3,087

current quarter

Effective rent

—

per bedroom only

YoY change

4.3%

asking, vs 1 yr ago

10-year change

27%

asking, since ~'16

Asking rent per bedroom type — switch tabs to see each with effective (concession-net) rent.

01b / 09

Rent trends.

02 / 09

Violations, 311, & more.

hpd · dob · 311 · acris
last 7 years

Violation & Complaint Trends

Monthly counts over the last 7 years · all data sources

Improving

HPDTop Violations

28 total

All HPD violations
28

311Top Complaints

0 total

Street Light Out Complaint
2
Water On Street Complaint
1

DOBTop Filings

32 total

DOB Violations
32

EvictionsEvictions

0 filed

Evictions filed
0

Recent records

Last 7 years

—NO RECORDS—
No HPD records on file in the last 7 years.

See all 28 HPD records

02 / 09

Violations, 311, & more.

03 / 09

What tenants actually say.

3.4 /5

★ ★ ★ ★ ★

14 reviews

5★

4★

64%

3★

2★

1★

14%

The apartments complex won't give me the money they owe me. We have been emailing since over 107 days and mgmt also seems to have changed. Greystar doesn't make timely payments. I would avoid the hassle of moving or even…

negativeOct 2025

Anonymous

My girlfriend and I have enjoyed our experience here since our move-in date. Coming from a loud Broperty, I really enjoy the quiet atmosphere. The staff has to be one of the nicest I've come in contact with. Overall…

positiveMay 2025

Anonymous

The apartments are Btunning and mgmt is quick to respond. The 24 hr doormen is really nice and the amenities are great. You can't beat the location either. It can get a bit loud due to the large windows and location…

positiveJul 2024

Anonymous

View all 14 reviews

03 / 09

What tenants actually say.

04 / 09

Building amenities.

Building Amenities

14 amenities

BUILDING

24-Hour Concierge
Elevator

OUTDOOR

Balcony/Deck
Sky View Terrace
Indoor Swimming Pool
Balcony

FITNESS

Fitness Center

PARKING & BIKES

Parking
Garage

PET FRIENDLY

Large Dog Friendly
Cat Friendly
Pet Friendly

OTHER

Controlled Access
On-Site Maintenance

04 / 09

Building amenities.

05 / 09

The landlord.

HPT IHG CHICAGO PROPERTY LLC

Portfolio of 1 building

Portfolio-level grade reflects the landlord's buildings across the city, weighted by unit count. Individual building grades may differ.

View full landlord profile

buildings

3.4

avg score / 5

portfolio grade

nearby owned

Ownership timeline · this building

ACRIS deeds and regulatory filings

nowHPT IHG CHICAGO PROPERTY LLCOwner of record per HPD registration.

05 / 09

The landlord.

06 / 09

Location & daily life.

505 N STATE ST · River North · 41.891° N, -87.628° W

Walk

Transit

Bike

Estimated from nearby transit & amenity data

4 bus stops nearby8 min

The neighborhood

River North

River North is Chicago's gallery district turned nightlife and dining powerhouse — converted warehouses, rooftop bars, and some of the city's most energetic weekend scenes. It's loud, fun, and unapologetically expensive.

1,556buildings tracked4.3avg LucidIQ$3,045median 1BR

23,475population$138kmedian income65%renters

NightlifeGalleriesDiningExpensiveEnergetic

Explore River North

Browse all Chicago neighborhoods

06 / 09

Location & daily life.

07 / 09

History of the building.

construction · ownership · permits

1970198019902000201020202030

now

Current owner: HPT IHG CHICAGO PROPERTY LLC

Registered owner on file.

Recent Activity

20 events

311MEDIUMMar 5, 2026
Street Light Out Complaint — No details available
311MEDIUMJul 18, 2024
Street Light Out Complaint — No details available
DOBMEDIUMJun 26, 2024
DOB Violation — MAINTAIN OR REPAIR ELECT ELEVA
311MEDIUMJan 2, 2023
Water On Street Complaint — No details available
DOBMEDIUMOct 19, 2021
DOB Violation — POST APPROVED OCCUPANCY CARD
DOBMEDIUMJan 15, 2019
DOB Violation — REPLACE
DOBMEDIUMJan 15, 2019
DOB Violation — OWNER OR LICENSED CONTRACTOR
DOBMEDIUMDec 8, 2017
DOB Violation — OWNER OR LICENSED CONTRACTOR
DOBMEDIUMDec 8, 2017
DOB Violation — INSTALL BOILER RELIEF VALVE
DOBMEDIUMDec 8, 2017
DOB Violation — SEE INSPECTOR COMMENTS

07 / 09

History of the building.

09 / 09

Frequently asked questions.

10 / 10

Chicago-specific insights.

Rent Comparison

Studio
This building: — – —
—Area: $2,485
1 Bed
This building: $3,068 – $3,068
1% aboveArea: $3,045
2 Bed
This building: $4,197 – $4,197
44% aboveArea: $2,918
3 Bed
This building: $6,909 – $6,909
21% aboveArea: $5,695

Review Summary

14 reviews

3.4 / 5

Mixed feedbackBased on 14 reviews · avg 3.4 ★

MOST HELPFUL CRITICAL

"The apartments complex won't give me the money they owe me. We have been emailing since over 107 days and mgmt also seems to have changed. Greystar doesn't make…"

— Anonymous · Oct 2025

Read all 14 reviews →

Neighborhood Vibe

NightlifeGalleriesDiningExpensiveEnergetic

Energy Score

No energy benchmarking on file.

Walkability & Transit

Limited transitTransit score · 4 nearby stops

Nearest TransitBus · 8 min walk

Nearby Stops4

Bus

Estimated from nearby transit stop data

Nearby Transit

BUS

State & Lake146292148
0.4 mi8 min
Michigan & Lake/Randolph4157147151
0.4 mi9 min
Dearborn & Randolph36622224
0.4 mi9 min
State & Randolph146292148
0.5 mi9 min

Nearby Schools & Colleges

No schools within 0.8 mi on file.

At a glance

RLTO protectedNo

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08 / 09

505 N STATE ST — Rent Intelligence for River North, Chicago

505 N STATE ST

Rental intelligence.

Rental intelligence.

Rent trends.

Rent trends.

Violations, 311, & more.

Violations, 311, & more.

What tenants actually say.

What tenants actually say.

Building amenities.

Building amenities.

The landlord.

HPT IHG CHICAGO PROPERTY LLC

The landlord.

Location & daily life.

River North

Location & daily life.

History of the building.

History of the building.

Frequently asked questions.

Chicago-specific insights.

Similar buildings nearby.

The landlord.

HPT IHG CHICAGO PROPERTY LLC

What tenants actually say.

Violations, 311, & more.

History of the building.

Building amenities.

Rent trends.

Rental intelligence.

505 N STATE ST — Rent Intelligence for River North, Chicago

Location & daily life.

River North

710 N WELLS ST

455 W KINZIE ST