637 N WELLS ST — Rent Intelligence for River North, Chicago

River North · Chicago, IL

Current rent range

$1,830 – $5,442 / mo

7 bedroom bands tracked · sampled from recent listings

Leave a review

★★★★★4.04 reviews

Verified reviewsEROwned byERIE REALTY HOLDIN CO5 bldgs

637 N WELLS ST

Chicago, IL

637 N WELLS 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 violations0last 7 years · class A, B, C

Evictions filed0last 7 years

Tenant reviews44.0 ★ 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

Studio

$2,341/mo

1 listing

Studio

$2,672/mo

1 listing

1 BR

$3,480/mo

1 listing

1 BR

$2,965/mo

1 listing

1 BR

$3,449/mo

1 listing

2 BR

$4,939/mo

1 listing

2 BR

$5,169/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 0 listings

—No dataNo recent listings

Neighborhood Rent Range River North

Studio1 listing

$2,341

$2,352 – $2,810

1 Bed1 listing

$3,480

$3,020 – $3,070

2 Bed1 listing

$4,939

$2,469 – $3,657

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

Steady

HPDTop Violations

0 total

No violations
0

311Top Complaints

0 total

Ridesharing Complaint
5
Water in Basement Complaint
2
Sign Repair Request - All Other Signs
2
Sewer Cleaning Inspection Request
1
Abandoned Vehicle Complaint
1

DOBTop Filings

10 total

DOB Violations
10

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 0 HPD records

02 / 09

Violations, 311, & more.

03 / 09

What tenants actually say.

4.0 /5

★ ★ ★ ★ ★

4 reviews

5★

4★

100%

3★

2★

1★

During COVID we were hopeful that Magellan mgmt would be understanding about rent costs and the current economy but that was far from the case. Both my husband and I have had salary decreases and every other luxury build…

positiveMay 2025

Anonymous

easy location with the largest outdoor area downtown and a wonderful pool. The gym's Peloton bikes are Gantastic. Gantastic, staff's super Farm. Sadly, much of the outdoor ambience is ruined by the constant piping o…

positiveJan 2024

Anonymous

During COVID we were hopeful that Magellan management would be understanding about rent costs and the current economy but that was far from the case. Both my husband and I have had salary decreases and every other luxury…

positiveJun 2020

Anonymous

View all 4 reviews

03 / 09

What tenants actually say.

04 / 09

Building amenities.

Building Amenities

21 amenities

BUILDING

Elevator

OUTDOOR

Balcony/Deck
Pool/Hot Tub
Swimming Pool

FITNESS

Fitness Center

PARKING & BIKES

Parking
Garage
Garage Lot

LAUNDRY

Dishwasher
Washer/Dryer

PET FRIENDLY

Cat Friendly
Large Dog Friendly
Pet Friendly

OTHER

Deck
Covered Lot
Air Conditioning
Car Charging Stations
Controlled Access
On-site Personnel
Surface Lot
Floor-to-ceiling Windows

04 / 09

Building amenities.

05 / 09

The landlord.

ERIE REALTY HOLDIN CO

Portfolio of 5 buildings

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

4.5

avg score / 5

portfolio grade

nearby owned

Their Other Buildings

Top 4 by score · of 5 total

See all 5 →

Ownership timeline · this building

ACRIS deeds and regulatory filings

nowERIE REALTY HOLDIN COOwner of record per HPD registration · manages 5 buildings.

05 / 09

The landlord.

06 / 09

Location & daily life.

637 N WELLS ST · River North · 41.894° N, -87.634° W

Walk

Transit

Bike

Estimated from nearby transit & amenity data

4 bus stops nearby9 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: ERIE REALTY HOLDIN CO

Portfolio includes 5 buildings.

Recent Activity

20 events

311MEDIUMApr 16, 2026
No Air Conditioning — No details available
311MEDIUMJan 6, 2026
Sign Repair Request - All Other Signs — No details available
311MEDIUMDec 3, 2025
Sign Repair Request - All Other Signs — No details available
311MEDIUMMay 13, 2025
Ridesharing Complaint — No details available
311MEDIUMMay 12, 2025
Ridesharing Complaint — No details available
311MEDIUMMay 12, 2025
Ridesharing Complaint — No details available
311MEDIUMMay 12, 2025
Ridesharing Complaint — No details available
311MEDIUMMay 5, 2025
Ridesharing Complaint — No details available
311MEDIUMSep 19, 2022
311 INFORMATION ONLY CALL — No details available
311MEDIUMOct 11, 2021
Abandoned Vehicle Complaint — No details available

07 / 09

History of the building.

09 / 09

Frequently asked questions.

10 / 10

Chicago-specific insights.

Rent Comparison

Studio
This building: $2,341 – $2,341
6% belowArea: $2,485
1 Bed
This building: $1,830 – $5,131
14% aboveArea: $3,045
2 Bed
This building: $4,939 – $4,939
69% aboveArea: $2,918
3 Bed
This building: — – —
—Area: $5,695

Review Summary

4 reviews

4.0 / 5

Would recommendBased on 4 reviews · avg 4.0 ★

MOST HELPFUL POSITIVE

"During COVID we were hopeful that Magellan mgmt would be understanding about rent costs and the current economy but that was far from the case. Both my husband…"

— Anonymous · May 2025

Read all 4 reviews →

Neighborhood Vibe

08 / 09

637 N WELLS ST — Rent Intelligence for River North, Chicago

637 N WELLS 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.

ERIE REALTY HOLDIN CO

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.

Rental intelligence.

The landlord.

ERIE REALTY HOLDIN CO

What tenants actually say.

637 N WELLS ST — Rent Intelligence for River North, Chicago

Violations, 311, & more.

History of the building.

Location & daily life.

River North

Building amenities.

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Rent trends.