501-507 North Wells Street, Chicago
technical data · neighborhood and transit
Permits and code violations
8 permits not closed out. Unfinished permits pass to the next owner. 4 open violations.
- Permit - renovation/alteration Mar 2026Active
Self-cert 2019 cbrc: interior renovation of existing hair salon at 1st floor and basement in existing iii-a masonry building. change in use from group b business personal service to group a-2 assembly general restaurant.
- Permit - renovation/alteration Apr 2025Complete
Construct replacement 2 story open frame wood porches on the north and east courtyard elevations of a 4 story masonry residential/retail mixed used building per plans
- Permit – express permit program Jul 2024Complete
Concrete masonry repair / replacemnt: 90sq. ft., excavation = no. location: basement.
- Permit - easy permit process Oct 2018
Tuckpointing - no structural work - 600 sqft
- Permit - signs Dec 2017
Sign b: vinyl graphics applied to windows on south elevation.note: these graphics are temporary and will be removed within approximately 3 months after installation as the sales center will be relocating.
- Permit - signs Dec 2017
Sign c: vinyl graphics applied to windows on south elevation.note: these graphics are temporary and will be removed within approximately 3 months after installation as the sales center will be relocating.
- Permit - signs Nov 2017
Sign a: vinyl graphics applied to windows on south elevation.note: these graphics are temporary and will be removed within approximately 3 months after installation as the sales center will be relocating.
- Permit – express permit program Aug 2017Complete
Install (4) 120 v outlets off of existing circuits, install (6) lights from existing circuits. relocate (1) 100 a. sub-panel, 10' from existing location.
- Permit - renovation/alteration Jul 2014Complete
Remodel interior of existing first floor and basement mercantile/business space.
- Permit – express permit program Nov 2013Complete
Installation of low voltage burglar alarm # 326-23387 resi apt 3e
- Permit – express permit program Sep 2010Complete
Upgrade lighting fixtures and add general outlets
- Permit - easy permit process Jul 2010
Repair porch-reinforce and upgrade hardware-no structural-same as existing
Chicago Department of Buildings
Safety and environment
Major airport
9.4 mi
Chicago Midway (MDW). Aircraft may be audible under approach paths.
FAA large-hub airports
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Who lives and works in Chicago
Trading floors, logistics and the deepest architecture stock in America
Chicago carries a full corporate economy at a price the coasts do not match. Neighborhoods are distinct and walkable, two and three flats are everywhere, and the Loop still sets the commute for finance, law and consulting.
- $71,673
- median household income
- 18.9%
- residents aged 25 to 34
- 45%
- households that own their home
What pays the bills
- Finance and trading
- Logistics and rail
- Law and consulting
- Healthcare
- Manufacturing
Who anchors the economy
CME Group · Boeing suppliers · University of Chicago · Northwestern Medicine · United Airlines
The market is shaped around
- Young professionals
- Families buying space
- Two and three flat owners
More on North Wells Street
All addressesViewing recommendations
What's worth checking in person before deciding.
- Test water pressure and temperature at the tap, in the bathroom and kitchen, for at least a minute.
- Look at the stairwell (cleanliness, smell) and the association's notice board: unpaid dues, conflicts, recent decisions.
- Ask specifically where you'd park: is there paid city parking, who currently holds it, what the permit costs, and how long the waitlist is.
- Knock on a neighboring door and ask two things: what bothers them most often, and what work is planned for the building.
- Schedule a viewing on a weekday too, between 6:00 and 7:30 PM, the window when the building is busiest: neighbors, parking, elevator.
- Ask for the latest maintenance bill from a winter month, not a summer one: that's where the real cost of living there shows up.
Neighborhood recommendations are derived from public OpenStreetMap data and may be incomplete. Checking in person is still what matters most.