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Updated 3 days ago

Chestnut Tower


121 W. Chestnut St. Chicago, IL

Studio - 2 Bed
•
1 - 2 Bath

540 - 1,200 Sq. Ft.

Available Now
Studio • 1 Bath
$1,775
540 ft2
1 Available
Managed By: ZRS Managment
Updated over 1 month ago

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Unit 0708
$1,775
Available Now
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1 Bed • 1 Bath
$2,106 - $2,167
770 ft2
5 Available
Managed By: ZRS Managment
Updated over 1 month ago

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Unit 2804
$2,110
Available Now
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Unit 2904
$2,115
Available Now
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Unit 3304
$2,133
Available Now
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Unit 2704
$2,106
Available Now
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Unit 3004
$2,167
Available Now
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1 Bed • 1 Bath
$2,063 - $2,130
700 ft2
2 Available
Managed By: ZRS Managment
Updated over 1 month ago

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Unit 3001
$2,063
Available Now
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Unit 2101
$2,130
Available Now
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1 Bed • 1 Bath
$2,187 - $2,315
870 ft2
3 Available
Managed By: ZRS Managment
Updated over 1 month ago

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Unit 2405
$2,187
Available Now
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Unit 3505
$2,315
Available Now
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Unit 0705
$2,210
Available Now
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1 Bed • 1 Bath
$1,985 - $2,005
615 ft2
2 Available
Managed By: ZRS Managment
Updated over 1 month ago

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Unit 2806
$2,005
Available Now
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Unit 2406
$1,985
Available Now
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1 Bed • 1 Bath
$2,310
850 ft2
1 Available
Managed By: ZRS Managment
Updated over 1 month ago

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Unit 2107
$2,310
Available Now
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2 Beds • 2 Bath
$3,091 - $3,278
1100 ft2
2 Available
Managed By: ZRS Managment
Updated over 1 month ago

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Unit 2803
$3,091
Available Now
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Unit 1603
$3,278
Available Now
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2 Beds • 2 Bath
$3,598 - $3,630
1200 ft2
2 Available
Managed By: ZRS Managment
Updated over 1 month ago

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Unit 2902
$3,598
Available Now
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Unit 3002
$3,630
Available Now
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3 Beds • 3 Bath
$4,804 - $5,345
1920 ft2
0 Available
Managed By: ZRS Managment
Updated over 1 month ago

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Unit 3206
$5,345
Rented
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Unit 3406
$4,804
Rented
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Unit 3506
$5,150
Rented
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3 Beds • 3 Bath
$5,150
Size: N/A
0 Available
Managed By: ShowMojo
Updated over 1 month ago

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-
$5,150
Rented
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Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
98
Walker's Paradise
Transit Score®
91
Rider's Paradise
Bike Score®
86
Very Bikeable
Amenities
On-site Laundry
Washer / Dryer Connections
Air Conditioning
Fitness Center
Refrigerator
Hardwood Floors
Roof Top Patio
Roof Top Access
Smoke-free Community
Business Center
Barbecue
Lobby
Clubhouse
Elevator
New Property
Granite Countertop
Ice Maker
Freezer
Stainless Steel Appliances
Microwave
Range / Oven
Carpet
Balcony, Deck, Patio
Dishwasher
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Friendly Community
Pet Park
Breed Restrictions:

Excluded dog breeds include Akita, Alaskan Malamute, American Bull Dog, American Pit Bull Terrier, American or Bull Staffordshire Terrier, Bull Terrier, Chinese Shar-Pei, Dalmatian, Doberman Pinscher, Presa Canario, Pit Bull, Rottweiler, Siberian Husky, Stafford Terrier, Chow, German Shepherd and any mix thereof. Letter required by Certified Veterinarian for proof of breed, weight, and required vaccinations.

Size Restrictions:

Cats and dogs up to 35 pounds permitted.

Number Limit:

Limit 2 indoor pets per apartment.

Pet Deposit:

Non-refundable pet fee of $500 for the first animal plus $500 for each additional animal.

Pet Rent:

No monthly fee is required to have a pet inside your home.

Parking
Garage - Attached
Property details
Additional Details
Year Built: 2001
Total Unit Count: 230
Last Updated: Updated 3 days ago
Contact Number: (312) 313-2140
Property manager information
ZRS Managment
Office Hours
Sunday: 12:00 PM - 5:00 PM
Monday: 9:00 AM - 6:00 PM
Tuesday: 9:00 AM - 6:00 PM
Wednesday: 9:00 AM - 6:00 PM
Thursday: 9:00 AM - 6:00 PM
Friday: 9:00 AM - 6:00 PM
Saturday: 9:00 AM - 5:00 PM
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 Chestnut Tower by bedroom type below.
Studio
Suggested income:
$63,900
per year
1 Bedroom
Suggested income:
$77,100
per year
2 Bedroom
Suggested income:
$122,400
per year
Rent report

Chestnut Tower Rent vs. Chicago Average

 Chestnut Tower      Chicago Average
Studio
$1,775
$1,523
$0
$600
$1,200
$1,800
$2,400
1BR
$2,141
$1,978
$0
$700
$1,400
$2,100
$2,800
2BR
$3,399
$2,457
$0
$1,150
$2,300
$3,450
$4,600

Chestnut Tower is asking 17% 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.

Chestnut Tower provides 15% more square footage than the average Chicago studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Chestnut Tower
Studio $1,775 $3.30 $5,325
1BR $2,141 $2.80 $6,424
2BR $3,399 $3.00 $10,198
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 36 min 11 min 3 min
(Future) Student Center 2.1 mi 40 min 12 min 3 min
Nearby Hospitals
Name Distance
Ann & Robert H Lurie Children's Hospital Of Chicago 0.56 mi.
Northwestern Memorial Hospital 0.62 mi.
Rehabilitation Institute Of Chicago 0.74 mi.
Nearby Fire Stations
Name Distance
Franklin Park Fire Department 0.47 mi.
Franklin Grove Fire Protection District 0.47 mi.
Leyden Fire Protection District 0.47 mi.
FAQs
Is this property currently leasing units?
Yes. There are 18 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 18 units vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 540 to 1,200 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, 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,775 to $3,630. Chestnut Tower has studio units available starting at $1,775, 1 bedroom units available starting at $1,985, and 2 bedroom units available starting at $3,091.
Where is this property located?
This property is at 121 W. Chestnut St. in Chicago, IL. It's 3.8 miles southeast from the center of Chicago.
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