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Updated 1 hour ago

523 N Drake Ave Unit 2


Chicago, IL

2 Bed
•
2 Bath

1,322 Sq. Ft.

Available starting May. 1st
Floor plans
2 Beds • 2 Bath
$2,400
1322 ft2
1 Available
Managed By: avail
$2,400 - 2 Bedroom 2 Bathroom Apartment In Chicago With Great Amenities
$2,400
Available May 1st, 2026
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523 N Drake Ave Unit 2
523 N Drake Ave Unit 2
523 N Drake Ave Unit 2
Fees & leasing info
Lease & Fees
Security Deposit: $2,400.00
Property details
Description

Stunning Newer Construction 3-Unit Property in Prime Chicago Location! This newly built in 2022 3-unit property is situated on an extra-wide lot, offering spacious living in a highly sought-after neighborhood. Property Features Include - 2/2 units with stackable in-unit washer/dryer- all newer appliances, flooring, etc. The bedrooms are ample sized both the closets and 2 full bathrooms. Gorgeous Designer Kitchen with Off-White Cabinets, Large Island, Quartz Countertops, and Stainless Steel Appliances. Unit approx sq ft are 1322 each

Additional Details
Total Unit Count: 1
Last Updated: Updated 1 hour ago
Contact Number: (773) 234-6857
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Comcast Corporation 987.0 35.0
Lynx Communications 200.0 50.0
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
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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 523 N Drake Ave Unit 2 by bedroom type below.
2 Bedroom
Suggested income:
$86,400
per year
Rent report

523 N Drake Ave Unit 2 Rent vs. Chicago Average

 523 N Drake Ave Unit 2      Chicago Average
2BR
$2,400
$2,561
$0
$850
$1,700
$2,550
$3,400

523 N Drake Ave Unit 2 is asking 6% less than the average 2 bedroom apartment in Chicago.

If you upsized to an average priced Chicago 3 bedroom apartment, you would pay 16% more per month.

If you downsized to an average priced Chicago 1 bedroom apartment, you would pay 20% less per month.

523 N Drake Ave Unit 2 provides 35% more square footage than the average Chicago 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
523 N Drake Ave Unit 2
2BR $2,400 $1.80 $7,200
Chicago Average
Studio $1,658 $3.50 $4,974
1BR $2,137 $3.10 $6,411
2BR $2,561 $2.60 $7,682
3BR $3,045 $2.40 $9,135
4BR $2,173 $1.70 $6,520

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 4,268 1BR units on the market in Chicago. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
20% 36% 30% 10% 4%
Available Units in Chicago
Studio 2,375
1BR 4,268
2BR 3,535
3BR 1,127
4BR 451
Location
Nearby Colleges

University of Illinois at Chicago

DeVry University-Illinois

DePaul University

International Academy of Design and Technology-Chicago

Harold Washington College

Nearby Hospitals
Name Distance
Garfield Park Hospital, Llc 0.28 mi.
Norwegian American Hospital 1.05 mi.
Rml Health Providers Limited Part NER Ship Dba Rml Chicago 1.12 mi.
Nearby Fire Stations
Name Distance
Chicago Fire Department 2.55 mi.
Cicero Fire Department 3.74 mi.
Cicero Fire Department 3.83 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on May 01, 2026.
What's the square footage of the available units?
It's 1,322 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
523 N Drake Ave Unit 2 has a 2 bedroom unit starting at $2,400.
Where is this property located?
This property is at 523 N Drake Ave Unit 2 in Chicago, IL. It's 4.9 miles southwest from the center of Chicago.
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