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Updated 9 days ago

55 W Chestnut

VERIFIED

Chicago, IL

Studio - 2 Bed
•
1 Bath

424 - 724 Sq. Ft.

Available Now
Deal
Up to One Month in Free Rent on Select Apartments!
Floor plans
Studio • 1 Bath
$1,775 - $1,778
424 ft2
1 Available

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Studio
$1,775+
Available: Ask
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1 Bed • 1 Bath
$1,882 - $2,134
578 ft2
1 Available

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Jr One Bedroom
$1,882+
Available Now
View
1 Bed • 1 Bath
$1,973 - $2,184
600 ft2
1 Available

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One Bedroom
$1,973+
Available Now
View
2 Beds • 1 Bath
$2,826
724 ft2
1 Available

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Two Bedroom
$2,826
Available Now
View
Where you'll live
Street View
Map View
Satellite View
55 W Chestnut
55 W Chestnut
55 W Chestnut
Location ratings
Walk Score®
99
Walker's Paradise
Transit Score®
91
Rider's Paradise
Bike Score®
84
Very Bikeable
Amenities
On-site Laundry
Air Conditioning
Fitness Center
Storage
Refrigerator
Garbage Disposal
Walk In Closets
Public Transportation
Internet Included
Controlled Access
Hardwood Floors
Near Fire Department
Near Grocery Store
Near Campus
Resident Lounge
Sundeck
Window Treatments
Guest Suite
Bay Windows
Plank Flooring
Social Events
City Views
Large Windows
Recycling Program
Resident Referral Program
Modern Kitchens
Virtual Walkthrough
Live Tours
Door Staff
Microwave
Range / Oven
Dining Room
Student
Living Room
Dishwasher
Carpet
24-hour Maintenance
Freezer
Ice Maker
Heat: Forced Air
Smart Thermostat
Cable-ready
High-speed Internet
Tile Floor
Granite Countertop
Bath Tub
Recently Renovated
Elevator
Secured Entry
Security System
Stainless Steel Appliances
Doorman
Package Receiving
Lobby
Barbecue
Business Center
Media Room
Bike Parking
Online Payments
Smoke-free Community
Online Community Portal
Roof Top Patio
Near Hospital
Fees & leasing info
Pets
Cats Ok
Pet Friendly Community
Parking
Covered Parking
Guest Parking
Garage - Attached
More Info:

Reserved Resident Parking & Guest Parking

Lease & Fees
Lease Length: 12-18 Months *Please contact leasing office for other lease terms
Property details
Description

Living at 55 W. Chestnut, you’ll be located at the intersection of Chicago’s two most desirable areas: River North and The Gold Coast. Enjoy the most captivating city views from your floor-to-ceiling bay windows, and take advantage of the best nightlife, shopping, and restaurants Chicago has to offer, right outside your front door. This prominent address is located just steps from the Magnificent Mile and Oak Street Beach, with easy access to public transportation.

The perks of living at 55 W. Chestnut won’t end there! As a valued resident, you can take advantage of the building’s wonderful amenities, which include a private sundeck, fitness room, business center and a media room. For your convenience, the management office is open daily, and emergency maintenance is available around the clock. Finally, for added peace of mind, a doorman is on duty every evening and video surveillance is in place for additional security.

Additional Details
Total Unit Count: 225
Last Updated: Updated 9 days ago
Contact Number: (312) 809-2876
Property manager information
Planned Property Management
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Office Hours
Sunday: 10:00 AM - 4:00 PM
Monday: 10:00 AM - 6:00 PM
Tuesday: 10:00 AM - 6:00 PM
Wednesday: 10:00 AM - 6:00 PM
Thursday: 10:00 AM - 6:00 PM
Friday: 10:00 AM - 6:00 PM
Saturday: 10:00 AM - 5:00 PM
Contact 55 W Chestnut
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Photos Floor Plans Amenities
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Schools
Data provided by GreatSchools
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.
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 55 W Chestnut by bedroom type below.
Studio
Suggested income:
$63,900
per year
1 Bedroom
Suggested income:
$69,400
per year
2 Bedroom
Suggested income:
$101,700
per year
Rent report

55 W Chestnut Rent vs. Chicago Average

 55 W Chestnut      Chicago Average
Studio
$1,775
$1,523
$0
$600
$1,200
$1,800
$2,400
1BR
$1,928
$1,978
$0
$650
$1,300
$1,950
$2,600
2BR
$2,826
$2,457
$0
$950
$1,900
$2,850
$3,800

55 W Chestnut is asking 15% more than the average 2 bedroom apartment in Chicago.

If you upsized to an average priced Chicago 3 bedroom apartment, you would pay 25% more per month.

If you downsized to an average priced Chicago 1 bedroom apartment, you would pay 24% less per month.

55 W Chestnut provides 27% less square footage than the average Chicago 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
55 W Chestnut
Studio $1,775 $4.20 $5,325
1BR $1,928 $3.30 $5,783
2BR $2,826 $3.90 $8,478
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

Harold Washington College

Argosy University-Chicago

International Academy of Design and Technology-Chicago

School of the Art Institute of Chicago

National Louis University

Robert Morris University Chicago

Campus Buildings and Attractions
Distance Walking Biking Driving
Harold Washington Library Center 1.6 mi 31 min 10 min 3 min
Fitness Center 1.9 mi 36 min 12 min 3 min
(Future) Student Center 2.0 mi 38 min 11 min 3 min
Columbia College Library 2.0 mi 39 min 11 min 3 min
Nearby Hospitals
Name Distance
Ann & Robert H Lurie Children's Hospital Of Chicago 0.44 mi.
Northwestern Memorial Hospital 0.52 mi.
Rehabilitation Institute Of Chicago 0.63 mi.
Nearby Fire Stations
Name Distance
Franklin Park Fire Department 0.54 mi.
Franklin Grove Fire Protection District 0.54 mi.
Leyden Fire Protection District 0.54 mi.
FAQs
Is this property currently leasing units?
Yes. There are 4 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 424 to 724 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats.
How many bedrooms are in the available units?
There are 1 and 2 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 $1,882 to $2,826. 55 W Chestnut has 1 bedroom units available starting at $1,882 and 2 bedroom units available starting at $2,826.
Where is this property located?
This property is at 55 W Chestnut in Chicago, IL. It's 3.8 miles southeast from the center of Chicago.
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