What is the rent for a studio at 640 N WELLS ST, Chicago, IL?

Based on recent listing data, rent for a studio at 640 N WELLS ST, Chicago, IL ranges from $2,640 to $2,765 per month, with a median of $2,702.

What is the rent for a studio at 640 N WELLS ST, Chicago, IL?

Based on recent listing data, rent for a studio at 640 N WELLS ST, Chicago, IL is approximately $2,544 per month.

What is the rent for a 1-bedroom at 640 N WELLS ST, Chicago, IL?

Based on recent listing data, rent for a 1-bedroom at 640 N WELLS ST, Chicago, IL ranges from $2,640 to $8,196 per month, with a median of $5,418.

What is the rent for a 1-bedroom at 640 N WELLS ST, Chicago, IL?

Based on recent listing data, rent for a 1-bedroom at 640 N WELLS ST, Chicago, IL ranges from $3,010 to $3,116 per month, with a median of $3,063.

What is the rent for a 1-bedroom at 640 N WELLS ST, Chicago, IL?

Based on recent listing data, rent for a 1-bedroom at 640 N WELLS ST, Chicago, IL is approximately $3,130 per month.

What is the rent for a 2-bedroom at 640 N WELLS ST, Chicago, IL?

Based on recent listing data, rent for a 2-bedroom at 640 N WELLS ST, Chicago, IL ranges from $4,121 to $5,242 per month, with a median of $4,681.

What is the rent for a 2-bedroom at 640 N WELLS ST, Chicago, IL?

Based on recent listing data, rent for a 2-bedroom at 640 N WELLS ST, Chicago, IL is approximately $4,563 per month.

How does rent at 640 N WELLS ST, Chicago, IL compare to the neighborhood?

Compared to other buildings in the 60654 zip code: studio rents are about 9% above the neighborhood median; studio rents are about average for the area; 1-bedroom rents are about 78% above the neighborhood median; 1-bedroom rents are about average for the area; 1-bedroom rents are about average for the area; 2-bedroom rents are about 60% above the neighborhood median; 2-bedroom rents are about 56% above the neighborhood median.

Is 640 N WELLS ST, Chicago, IL rent stabilized?

Based on available records, 640 N WELLS ST, Chicago, IL is not currently registered as rent stabilized. Rents at this building are likely set at market rate.

How much has rent changed at 640 N WELLS ST, Chicago, IL?

Rent at 640 N WELLS ST, Chicago, IL has decreased by 32% since 2022-01, going from $3,750 to $2,556 as of 2025-11.

When is the cheapest time to rent at 640 N WELLS ST, Chicago, IL?

Based on historical listing data, June tends to be the most affordable month to sign a lease at 640 N WELLS ST, Chicago, IL, while July is typically the most expensive. Timing your move to June could save approximately 19% compared to peak pricing.

Who is the landlord of 640 N WELLS ST, Chicago, IL?

The registered owner of 640 N WELLS ST, Chicago, IL is 640 NORTH WELLS LLC. You can view their full portfolio of buildings on Lucid Rents.

Is the landlord of 640 N WELLS ST, Chicago, IL a good landlord?

640 N WELLS ST, Chicago, IL, owned by 640 NORTH WELLS LLC, has an overall grade of C (2.2/5) on Lucid Rents. The building has 16 recorded violations. Tenants have left 6 reviews. Check tenant reviews for firsthand experiences.

What is the building rating for 640 N WELLS ST, Chicago, IL?

640 N WELLS ST, Chicago, IL has an overall grade of C with a score of 2.2 out of 5 on Lucid Rents. This score is based on violations, complaints, and tenant reviews.

Are there violations or complaints at 640 N WELLS ST, Chicago, IL?

Yes, 640 N WELLS ST, Chicago, IL has 16 housing violations on record. Visit the building page on Lucid Rents to see the full history, including violation classes and complaint types.

Has 640 N WELLS ST, Chicago, IL had any Department of Buildings violations?

Yes, 640 N WELLS ST, Chicago, IL has 16 Department of Buildings violations on record. These can include issues related to construction safety, building codes, and structural concerns.

What amenities does 640 N WELLS ST, Chicago, IL have?

640 N WELLS ST, Chicago, IL offers 43 amenities including Gated Access, Office, Den or Flex Space Available, Spa, Walk In Closets, Covered Lot, Cat Friendly, Group Exercise Classes, Proud Supporter of Move for Hunger, and more. View the full amenity list on the building page.

Does 640 N WELLS ST, Chicago, IL allow pets?

640 N WELLS ST, Chicago, IL lists pet-friendly amenities (Pet Friendly). Contact the building management to confirm current pet policies and any breed or size restrictions.

Does 640 N WELLS ST, Chicago, IL have laundry facilities?

Yes, 640 N WELLS ST, Chicago, IL offers laundry amenities: Frontload Washer and Dryers.

What public transit is near 640 N WELLS ST, Chicago, IL?

640 N WELLS ST, Chicago, IL has 4 transit options nearby. The closest include: bus: Wacker (Upper) & Orleans/Franklin (125), 0.47 mi away.

Is 640 N WELLS ST, Chicago, IL safe? What is the crime rate nearby?

The 60654 zip code where 640 N WELLS ST, Chicago, IL is located had 6,565 crime incidents in the past 2 years, including 1,406 violent crimes, 3,519 property crimes, and 1,640 quality-of-life incidents. Check the neighborhood report card for 60654 for full details.

What do tenants say about living at 640 N WELLS ST, Chicago, IL?

640 N WELLS ST, Chicago, IL has 3 tenant reviews with an average rating of 2.3 out of 5. 0 out of 3 reviewers would recommend this building.

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

River North · Chicago, IL

Current rent range

$2,544 – $8,196 / mo

7 bedroom bands tracked · sampled from recent listings

Leave a review

★★★★★2.26 reviews

Verified reviews6NOwned by640 NORTH WELLS LLC18 bldgs

640 N WELLS ST

Chicago, IL

640 N WELLS ST is a rental building in River North, Chicago. Owned by 640 NORTH WELLS LLC, managed by Bernard Mull. Public records show 32 open violations on file. Lucid Rents has 6 verified tenant reviews on this building.

HPD violations16last 7 years · class A, B, C

Evictions filed0last 7 years

Tenant reviews62.2 ★ avg

Rent-stab units—no coverage

Building age—year unknown

311 complaints0last 7 years

01 / 10

Rental intelligence.

Neighborhood Median Rent

River North · March 2026

Studio

$2,702/mo

1 listing

Studio

$2,544/mo

1 listing

1 BR

$5,418/mo

1 listing

1 BR

$3,063/mo

1 listing

1 BR

$3,130/mo

1 listing

2 BR

$4,681/mo

1 listing

2 BR

$4,563/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.

Rent vs. area median River North

Studio

This building: $2,640 – $2,765

9% aboveArea: $2,485

1 BR

This building: $2,640 – $8,196

78% aboveArea: $3,045

2 BR

This building: $4,121 – $5,242

60% aboveArea: $2,918

3 BR

This building: — – —

—Area: $5,695

Units Historic Rent 4 listings

Studio$2,0501 listing

1 Bed$2,6001 listing

2 Bed$3,9141 listing

3 Bed$2,5561 listing

Neighborhood Rent Range River North

Studio1 listing

$2,702

$2,352 – $2,810

1 Bed1 listing

$5,418

$3,020 – $3,070

2 Bed1 listing

$4,681

$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 / 10

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

16 total

All HPD violations
16

311Top Complaints

0 total

No complaints
0

DOBTop Filings

16 total

DOB Violations
16

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 16 HPD records

02 / 09

Violations, 311, & more.

03 / 10

What tenants actually say.

2.2 /5

★ ★ ★ ★ ★

6 reviews

5★

4★

3★

17%

2★

83%

1★

I wouldn't suggest it living at 640 N Wells. It's over priced, the rooftop pool is fake, you will probably not use it given the restrictions. You've got more affordable places to live in River North with better offerings…

mixedNov 2025

Anonymous

This building is ignorant to tenant rights in Chicago and blatantly goes against them. Management has repeatedly entered my unit without proper notice, acting more like dorm supervisors than professionals. Constant knock…

negativeSep 2024

Anonymous

The property manager at 640 is completely mediocre, unfit, and absent. Elevators are regularly breaking down/stuck/slow despite the property being relatively new. The parking garage door has gotten stuck multiple times.…

negativeAug 2024

Anonymous

View all 6 reviews

03 / 09

What tenants actually say.

04 / 10

Building amenities.

Building Amenities

40 amenities

BUILDING

Business Center
Elevator
Non-smoking Community
Poolside Cabana with TV Lounges
Fireside Library and Dining Suite
Game Lounge and Theater

OUTDOOR

Green Roof with Grills, TV and Speakers
Pool
Private Balcony in Select Units

FITNESS

Office, Den or Flex Space Available
Spa
Spacious Dog Run
Fitness Center

PARKING & BIKES

Garage
Covered Parking

LAUNDRY

Frontload Washer and Dryers

SECURITY

Gated Access

PET FRIENDLY

Cat Friendly
Large Dog Friendly
Pet Friendly

OTHER

Walk In Closets
Covered Lot
Group Exercise Classes
Proud Supporter of Move for Hunger
Other
Premium Wall Mounted Ovens
Views of Downtown Chicago
Golf Simulator
Preferred Employer Program
Stone Countertops
Car Charging Stations
Putting Green
Stainless Steel Appliances
Clubhouse
Air Conditioning

04 / 09

Building amenities.

05 / 10

The landlord.

640 NORTH WELLS LLC

Portfolio of 18 buildingsManaged by Bernard Mull

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

—

avg score / 5

—

portfolio grade

nearby owned

Ownership timeline · this building

ACRIS deeds and regulatory filings

now640 NORTH WELLS LLCOwner of record per HPD registration · manages 18 buildings.

05 / 09

The landlord.

06 / 10

Crime & safety.

60654 · last 12 months

Safety & Crime

Area averageSafety score · last 12 months

Chicago Police Dept · updated weekly

LAST 12 MONTHS · 60654

Violent1,406

Property3,519

Quality-of-life1,640

Total incidents6,565

07 / 10

About this area.

River North · 60654

640 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

Nearby Transit

BUS

Wacker (Upper) & Orleans/Franklin125
0.5 mi9 min
LaSalle & Wacker/Lake156136134135
0.5 mi10 min
Franklin & Lake/W Wacker37125
0.5 mi10 min
LaSalle & Wacker/Lake135156136134
0.5 mi10 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.

3,719buildings tracked4.2avg LucidIQ$3,045median 1BR

23,475population$138kmedian income65%renters

NightlifeGalleriesDiningExpensiveEnergetic

Explore River North

Neighborhood overview

River North→

Vibe · top buildings · landlords · schools · transit

Crime in 60654

See full breakdown→

Incident type · 6-month trend · vs. Chicago average

Rent trends in River North

Median rent & comparables→

1BR & 2BR averages · month-over-month · current listings

Nearby neighborhoods to explore

Streeterville· 0.65 mi Loop· 0.66 mi South Loop· 0.71 mi West Loop· 0.85 mi Old Town· 0.87 mi

Browse all Chicago neighborhoods

06 / 10

Crime & safety.

07 / 10

About this area.

08 / 10

History of the building.

construction · ownership · permits

At a glance

RLTO protectedNo

1970198019902000201020202030

now

Current owner: 640 NORTH WELLS LLC

Portfolio includes 18 buildings.

Recent Activity

16 events

DOBMEDIUMJun 2, 2017
DOB Violation — MAINTAIN OR REPAIR ELECT ELEVA
DOBMEDIUMMay 31, 2017
DOB Violation — MAINTAIN OR REPAIR ELECT ELEVA
DOBMEDIUMMay 31, 2017
DOB Violation — MAINTAIN OR REPAIR ELECT ELEVA
DOBMEDIUMMay 31, 2017
DOB Violation — MAINTAIN OR REPAIR ELECT ELEVA
DOBMEDIUMMay 31, 2017
DOB Violation — MAINTAIN OR REPAIR ELECT ELEVA
DOBMEDIUMMay 31, 2017
DOB Violation — MAINTAIN OR REPAIR ELECT ELEVA
DOBMEDIUMMar 24, 2017
DOB Violation — MAINTAIN OR REPAIR ELECT ELEVA
DOBMEDIUMMar 24, 2017
DOB Violation — MAINTAIN OR REPAIR ELECT ELEVA
DOBMEDIUMMar 24, 2017
DOB Violation — MAINTAIN OR REPAIR HYDRO ELEVA
DOBMEDIUMMar 24, 2017
DOB Violation — MAINTAIN OR REPAIR ELECT ELEVA

07 / 09

History of the building.

10 / 10

Frequently asked questions.

What is the rent for a studio at 640 N WELLS ST, Chicago, IL?
Based on recent listing data, rent for a studio at 640 N WELLS ST, Chicago, IL ranges from $2,640 to $2,765 per month, with a median of $2,702.
What is the rent for a studio at 640 N WELLS ST, Chicago, IL?
Based on recent listing data, rent for a studio at 640 N WELLS ST, Chicago, IL is approximately $2,544 per month.
What is the rent for a 1-bedroom at 640 N WELLS ST, Chicago, IL?
Based on recent listing data, rent for a 1-bedroom at 640 N WELLS ST, Chicago, IL ranges from $2,640 to $8,196 per month, with a median of $5,418.
What is the rent for a 1-bedroom at 640 N WELLS ST, Chicago, IL?
Based on recent listing data, rent for a 1-bedroom at 640 N WELLS ST, Chicago, IL ranges from $3,010 to $3,116 per month, with a median of $3,063.
What is the rent for a 1-bedroom at 640 N WELLS ST, Chicago, IL?
Based on recent listing data, rent for a 1-bedroom at 640 N WELLS ST, Chicago, IL is approximately $3,130 per month.
What is the rent for a 2-bedroom at 640 N WELLS ST, Chicago, IL?
Based on recent listing data, rent for a 2-bedroom at 640 N WELLS ST, Chicago, IL ranges from $4,121 to $5,242 per month, with a median of $4,681.
What is the rent for a 2-bedroom at 640 N WELLS ST, Chicago, IL?
Based on recent listing data, rent for a 2-bedroom at 640 N WELLS ST, Chicago, IL is approximately $4,563 per month.
How does rent at 640 N WELLS ST, Chicago, IL compare to the neighborhood?
Compared to other buildings in the 60654 zip code: studio rents are about 9% above the neighborhood median; studio rents are about average for the area; 1-bedroom rents are about 78% above the neighborhood median; 1-bedroom rents are about average for the area; 1-bedroom rents are about average for the area; 2-bedroom rents are about 60% above the neighborhood median; 2-bedroom rents are about 56% above the neighborhood median.
Is 640 N WELLS ST, Chicago, IL rent stabilized?
Based on available records, 640 N WELLS ST, Chicago, IL is not currently registered as rent stabilized. Rents at this building are likely set at market rate.
How much has rent changed at 640 N WELLS ST, Chicago, IL?
Rent at 640 N WELLS ST, Chicago, IL has decreased by 32% since 2022-01, going from $3,750 to $2,556 as of 2025-11.
When is the cheapest time to rent at 640 N WELLS ST, Chicago, IL?
Based on historical listing data, June tends to be the most affordable month to sign a lease at 640 N WELLS ST, Chicago, IL, while July is typically the most expensive. Timing your move to June could save approximately 19% compared to peak pricing.
Who is the landlord of 640 N WELLS ST, Chicago, IL?
The registered owner of 640 N WELLS ST, Chicago, IL is 640 NORTH WELLS LLC. You can view their full portfolio of buildings on Lucid Rents.
Is the landlord of 640 N WELLS ST, Chicago, IL a good landlord?
640 N WELLS ST, Chicago, IL, owned by 640 NORTH WELLS LLC, has an overall grade of C (2.2/5) on Lucid Rents. The building has 16 recorded violations. Tenants have left 6 reviews. Check tenant reviews for firsthand experiences.
What is the building rating for 640 N WELLS ST, Chicago, IL?
640 N WELLS ST, Chicago, IL has an overall grade of C with a score of 2.2 out of 5 on Lucid Rents. This score is based on violations, complaints, and tenant reviews.
Are there violations or complaints at 640 N WELLS ST, Chicago, IL?
Yes, 640 N WELLS ST, Chicago, IL has 16 housing violations on record. Visit the building page on Lucid Rents to see the full history, including violation classes and complaint types.
Has 640 N WELLS ST, Chicago, IL had any Department of Buildings violations?
Yes, 640 N WELLS ST, Chicago, IL has 16 Department of Buildings violations on record. These can include issues related to construction safety, building codes, and structural concerns.
What amenities does 640 N WELLS ST, Chicago, IL have?
640 N WELLS ST, Chicago, IL offers 43 amenities including Gated Access, Office, Den or Flex Space Available, Spa, Walk In Closets, Covered Lot, Cat Friendly, Group Exercise Classes, Proud Supporter of Move for Hunger, and more. View the full amenity list on the building page.
Does 640 N WELLS ST, Chicago, IL allow pets?
640 N WELLS ST, Chicago, IL lists pet-friendly amenities (Pet Friendly). Contact the building management to confirm current pet policies and any breed or size restrictions.
Does 640 N WELLS ST, Chicago, IL have laundry facilities?
Yes, 640 N WELLS ST, Chicago, IL offers laundry amenities: Frontload Washer and Dryers.
What public transit is near 640 N WELLS ST, Chicago, IL?
640 N WELLS ST, Chicago, IL has 4 transit options nearby. The closest include: bus: Wacker (Upper) & Orleans/Franklin (125), 0.47 mi away.
Is 640 N WELLS ST, Chicago, IL safe? What is the crime rate nearby?
The 60654 zip code where 640 N WELLS ST, Chicago, IL is located had 6,565 crime incidents in the past 2 years, including 1,406 violent crimes, 3,519 property crimes, and 1,640 quality-of-life incidents. Check the neighborhood report card for 60654 for full details.
What do tenants say about living at 640 N WELLS ST, Chicago, IL?
640 N WELLS ST, Chicago, IL has 3 tenant reviews with an average rating of 2.3 out of 5. 0 out of 3 reviewers would recommend this building.

09 / 09

Frequently asked questions.

09 / 10

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08 / 09

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Building record last updated 4 months ago. Sourced from HPD, DOB, 311, and Lucid Rents data syncs.