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The Caravel

635 N Dearborn St, Chicago, IL 60654

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Property Rating

5.0
Excellent
Out of 5

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2 Weeks Ago
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Under 30 minutes

Commute Time is calculated at rush hour.
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The Caravel
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Highlights

  • Walker's Paradise
  • Premier Transit Location
  • Dry Cleaning Service
  • Doorman
  • Fireplace
  • Balcony

Pricing & Floor Plans

Check Back Soon for Upcoming Availability

Beds Baths Average SF Availability
2 Bedrooms 2 Bedrooms 2 Br 2 Baths 2 Baths 2 Ba 1,000 SF Not Available
3 Bedrooms 3 Bedrooms 3 Br 2 Baths 2 Baths 2 Ba 1,300 SF Not Available

Fees and Policies

Details

Property Information

  • Built in 2003
  • 128 units/29 stories

The Caravel is an apartment community located in Cook County and the 60654 ZIP Code. This area is served by the Chicago Public Schools attendance zone.

Community Amenities

Fitness Center

Doorman

24 Hour Access

Storage Space

  • Doorman
  • 24 Hour Access
  • Dry Cleaning Service
  • Guest Apartment
  • Multi Use Room
  • Storage Space
  • Fitness Center

Apartment Features

Air Conditioning

Dishwasher

Tub/Shower

Fireplace

  • Air Conditioning
  • Heating
  • Cable Ready
  • Tub/Shower
  • Fireplace
  • Sprinkler System
  • Dishwasher
  • Balcony
Location
635 N Dearborn St, Chicago,
IL 60654
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Neighborhood

River North is perhaps the most stylish section of Chicago, and that’s no small accomplishment. This neighborhood features a truly staggering array of art galleries and a cutting-edge design district, making it a magnet for locals who are passionate about the visual arts.

The dining and nightlife scenes are just as diverse and exquisite as the local arts community, with a massive assortment of restaurants, bars, and clubs catering to every taste. The tech sector is well represented here and attracts local professionals, with major companies like Google operating regional headquarters in River North.

The landscape is a treasure trove of architecture, featuring many well-preserved historic buildings well over a century old alongside midcentury masterpieces and ultra-modern skyscrapers. The Magnificent Mile runs along the east side of the neighborhood, and Downtown is right across the river. Residents pay a premium to live here, but most agree it’s well worth the price tag.

Learn more about living in River North 
Average Prices by Area

Compare neighborhood and city base rent averages by bedroom.

River North Chicago, IL
Studio $2,389 $1,624
1 Bedroom $3,171 $2,010
2 Bedrooms $4,874 $2,529
3 Bedrooms $7,459 $3,043

Below are rent ranges for similar nearby apartments

Beds Average Size Lowest Typical Premium
Studio Studio Studio 524 Sq Ft $1,297 $2,549 $5,374
1 Bed 1 Bed 1 Bed 767 Sq Ft $1,200 $3,227 $11,500
2 Beds 2 Beds 2 Beds 1177-1180 Sq Ft $2,025 $4,629 $16,209
3 Beds 3 Beds 3 Beds 1855-1860 Sq Ft $4,500 $9,386 $38,481
4 Beds 4 Beds 4 Beds 2133 Sq Ft $9,750 $22,275 $48,409
Amenities
  • Doorman
  • 24 Hour Access
  • Dry Cleaning Service
  • Guest Apartment
  • Multi Use Room
  • Storage Space
  • Fitness Center
  • Air Conditioning
  • Heating
  • Cable Ready
  • Tub/Shower
  • Fireplace
  • Sprinkler System
  • Dishwasher
  • Balcony
Education
Colleges & Universities Distance
Colleges & Universities Distance
Loyola University, Water Tower
Walk: 8 min 0.4 mi
The Chicago School
Walk: 11 min 0.6 mi
Harold Washington College
Walk: 12 min 0.6 mi
Moody Bible Institute
Walk: 12 min 0.6 mi
The Caravel is within 8 minutes or 0.4 mile from Loyola University, Water Tower. It is also near The Chicago School and Harold Washington College.
Schools
Salazar Elementary Bilingual Center
Public Elementary & Middle School
Grades PK-8
Nearby
Ogden Elementary School
Public Elementary & Middle School
Grades PK-8
Attendance Zone
Grades 9-12
Attendance Zone
Frances Xavier Warde School
Private Elementary & Middle School
Grades PK-8
Nearby
Cornerstone Academy
Private High School
Grades 9-12
Nearby
School data provided by The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.

View GreatSchools Rating Methodology

Data provided by GreatSchools.org © 2026. All rights reserved.
Transportation

Transportation options available in Chicago include Grand Avenue Station (Red Line), located 0.2 mile from The Caravel. The Caravel is near Chicago Midway International, located 11.9 miles or 20 minutes away, and Chicago O'Hare International, located 17.3 miles or 27 minutes away.

Transit / Subway Distance
Transit / Subway Distance
Grand Avenue Station (Red Line)
Walk: 3 min 0.2 mi
Chicago Avenue Station (Red Line)
Walk: 5 min 0.3 mi
Chicago Avenue Station (Brown, Purple Lines)
Walk: 9 min 0.5 mi
Merchandise Mart Station
Walk: 10 min 0.6 mi
State/Lake Station (Downtown Loop)
Walk: 11 min 0.6 mi
Commuter Rail Distance
Commuter Rail Distance
Chicago Millennium Station
Walk: 18 min 0.9 mi
Chicago Ogilvie Transportation Center
Drive: 3 min 1.3 mi
Van Buren Station
Drive: 4 min 1.5 mi
Chicago Union Station
Drive: 5 min 1.6 mi
Chicago Lasalle Station
Drive: 5 min 1.9 mi
Airports Distance
Airports Distance
Chicago Midway International
 Drive: 20 min 11.9 mi
Chicago O'Hare International
 Drive: 27 min 17.3 mi

Walkability Near The Caravel

Getting Around
Exceptionally Walkable
Walkability
100 / 100
Exceptional Public Transit
Transit
100 / 100
Fairly Drivable
Drivability
50 / 100
Very Bikeable
Bikeability
80 / 100

Scores provided by

What do Walkability, Transit, Drivability, and Bikeability mean? Walkability measures the walking distance to day-to-day needs. Transit measures access to public transportation. Drivability measures congestion, parking availability, and access to major roads. Bikeability measures the suitability for cycling. How It Works
Busy
Soundscore™
63 / 100

Traffic

Busy

Airport

Calm

Businesses

Busy

Scores provided by

HowLoud What is a Sound Score Rating? A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources. How It Works
Points of Interest

Time and distance from The Caravel.

Shopping Centers Distance
Shopping Centers Distance
The Shops at North Bridge
Walk: 6 min 0.3 mi
830 N Michigan
Walk: 10 min 0.5 mi
840 N Michigan Shops
Walk: 11 min 0.6 mi
The Caravel has 3 shopping centers within 0.6 mile, which is about a 11-minute walk. The miles and minutes will be for the farthest away property.
Parks and Recreation Distance
Parks and Recreation Distance
Lake Shore Park
 Walk: 15 min 0.8 mi
Alliance for the Great Lakes
 Walk: 15 min 0.8 mi
Openlands
 Walk: 16 min 0.8 mi
Millennium Park
 Drive: 3 min 1.1 mi
Chicago Children's Museum
 Drive: 3 min 1.4 mi
The Caravel has 5 parks within 1.4 miles, including Lake Shore Park, Alliance for the Great Lakes, and Openlands.
Hospitals Distance
Hospitals Distance
Northwestern Memorial Hospital
Walk: 9 min 0.5 mi
Ann & Robert H. Lurie Childrens Hospital of Chicago
Walk: 11 min 0.6 mi
Rush University Medical Center
Drive: 7 min 3.0 mi
The Caravel has 3 hospitals within 3.0 miles, the nearest is Northwestern Memorial Hospital which is 0.5 mile away and a 9 minute walk.
Military Bases Distance
Military Bases Distance
US Military Reservation Elk Grove
Drive: 36 min 24.9 mi
The Caravel is 24.9 miles and a 36 minute drive from US Military Reservation Elk Grove.
 
 
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Frequently Asked Questions
Does The Caravel have in-unit laundry?

The Caravel does not offer in-unit laundry or shared facilities. Please contact the property to learn about nearby laundry options.

What utilities are included in rent at The Caravel?

Utilities are not included in rent. Residents should plan to set up and pay for all services separately.

Is parking available at The Caravel?

Contact this property for parking details.

Is The Caravel pet-friendly?

The Caravel does not allow pets, though service animals are always welcome in accordance with applicable laws.

Does The Caravel have move-in specials?

The Caravel is not currently offering any rent specials. Check back soon, as promotions change frequently.

Does The Caravel offer Matterport 3D tours?

While The Caravel does not offer Matterport 3D tours, renters can request a tour directly through our online platform.

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