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Updated 1 hour ago

116 W Chestnut St


Chicago, IL

Studio - 1 Bed
1 Bath

584 - 779 Sq. Ft.

Available Now
Studio • 1 Bath
$1,999
584 ft2
1 Available
Managed By: TheJSGcommunications.com
Updated 6 days ago

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Unit 1905
$1,999
Available Now
View
1 Bed • 1 Bath
$2,299
658 ft2
1 Available
Managed By: TheJSGcommunications.com
Updated 6 days ago

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Unit 2506
$2,299
Available Now
View
1 Bed • 1 Bath
$2,599
779 ft2
1 Available
Managed By: TheJSGcommunications.com
Updated 6 days ago

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Unit 2009
$2,599
Available Now
View
4 Beds • 50 Bath
$7,000 - $9,500
3000 ft2
0 Available
Managed By:
Updated over 1 month ago

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#116
$7,000+
Rented
View
#118
$7,000
Rented
View
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
99
Walker's Paradise
Amenities
On-site Laundry
Air Conditioning
Fitness Center
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Pool
Public Transportation
Dishwasher
Range / Oven
Microwave
High-speed Internet
Elevator
Smoke-free Community
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Garage - Attached
Lease & Fees
Security Deposit: $0
Property details
Description

HOT GOLD COAST LOCATION!
APARTMENT FEATURES:
• HARDWOOD FLOORING
• MASSIVE BALCONY “select units”
• IN-UNIT W/D
• FLOOR TO CEILING WINDOWS
• BREATHTAKING VIEWS
BUILDING FEATURES:
• TRUE ROOF TOP POOL! VIEWS VIEWS VIEWS!!!
• FITNESS CENTER
• RESIDENT LOUNGE
• DOG RUN
• PET FRIENDLY
• GRILLING STATIONS

“My Service is 100% “FREE” to all Clients!”

***Feel Free to contact me 24/7***

Ask About other available units.

NICK RIGGIO / REAL ESTATE BROKER
Jon Stein Group
thejsgcommunications.com / 618.318.0785

*Pricing and availability subject to change at any time.
*Pictures shown are of model units and might vary from actual unit.

(RLNE5472059)

Additional Details
Account Type: Property Manager
Total Unit Count: 5
Last Updated: Updated 1 hour ago
Contact Number: (618) 318-0785
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Comcast Corporation 987.0 35.0
Radiate Holdings, LP 500.0 20.0
AT&T Inc. 100.0 20.0
ViaSat, Inc. 35.0 3.0
Hughes Network Systems, LLC 25.0 3.0
Data from June 2020 provided by the FCC
Photos Floor Plans Amenities
Neighborhood
River North
Experience the Magnificent Mile & Michigan Avenue in Chicago’s River North

Chicago was incorporated in 1837 on waterways--for trading--and was re-built in 1871 after the Chicago Fire. The area known today as River North contained warehouses, shipping facilities, railroad tracks, worker’s housing, factories and forges. Because of the number of factories--and the smoke they produced--the area was referred to as Smokey Hollow. When the port was closed the area fell into disrepair as the warehouses and factories vacated and residents moved to the suburbs. From the 1920s through the 1960s it was almost deserted and became known as a red-light district. As artists began to reclaim the large vacated buildings for relatively little money, they turned the old warehouses and factories into galleries, studios, offices and apartments. Real estate developer Albert Friedman coined the name River North to help the area lose its reputation as a derelict district.

River North now has the largest concentration of art galleries outside of Manhattan and a revitalized entertainment industry. It is also home to international corporations such as ConAgra, Groupon and Motorola. The eastern border is Michigan Avenue; the northern edge is Chicago Avenue and the Chicago River is on the south and west perimeters.
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 116 W Chestnut St by bedroom type below.
Studio
Suggested income:
$72,000
per year
1 Bedroom
Suggested income:
$88,200
per year
Rent report

116 W Chestnut St Rent vs. Chicago Average

 116 W Chestnut St      Chicago Average
Studio
$1,999
$1,523
$0
$650
$1,300
$1,950
$2,600
1BR
$2,449
$1,978
$0
$800
$1,600
$2,400
$3,200

116 W Chestnut St is asking 31% more than the average studio apartment in Chicago.

If you upsized to an average priced Chicago 1 bedroom apartment, you would pay 23% more per month.

116 W Chestnut St provides 24% more square footage than the average Chicago studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
116 W Chestnut St
Studio $1,999 $3.40 $5,997
1BR $2,449 $3.40 $7,347
Chicago Average
Studio $1,523 $3.20 $4,570
1BR $1,978 $2.80 $5,934
2BR $2,457 $2.50 $7,371
3BR $3,261 $2.40 $9,784
4BR $3,679 $2.10 $11,038

Availability in Chicago

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 4,537 1BR units on the market in Chicago. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
23% 34% 29% 11% 2%
Available Units in Chicago
Studio 3,113
1BR 4,537
2BR 3,912
3BR 1,465
4BR 292
Location
Nearby Colleges
Campus Buildings and Attractions
Distance Walking Biking Driving
Harold Washington Library Center 1.7 mi 33 min 10 min 3 min
Fitness Center 1.9 mi 37 min 12 min 3 min
Nearby Hospitals
Name Distance
Ann & Robert H Lurie Children's Hospital Of Chicago 0.55 mi.
Northwestern Memorial Hospital 0.62 mi.
Rehabilitation Institute Of Chicago 0.73 mi.
Nearby Fire Stations
Name Distance
Superior Volunteer Fire & Ems 0.49 mi.
Franklin Park Fire Department 0.52 mi.
Leyden Fire Protection District 0.52 mi.
FAQs
Is this property currently leasing units?
Yes. There are 3 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 3 units vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 584 to 779 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are studio and 1 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,999 to $2,599. 116 W Chestnut St has studio units available starting at $1,999 and 1 bedroom units available starting at $2,299.
Where is this property located?
This property is at 116 W Chestnut St in Chicago, IL. It's 3.7 miles southeast from the center of Chicago.
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