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Updated 2 hours ago

Madison Terrace


3121-3153 W Madison St Chicago, IL

2 - 3 Bed
•
1 Bath

800 - 1,250 Sq. Ft.

Available Now
Floor plans
2 Beds • 1 Bath
$1,695 - $1,862
1100 ft2
4 Available
Managed By: Icarus Investment Group, Llc
3121-104
$1,862
Available: Ask
View
3121-201
$1,695
Available Now
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3120-303
$1,695
Available Now
View
3120-304
$1,860
Available Now
View
View Rented Units
2 Beds • 1 Bath
$1,695
800 ft2
2 Available
Managed By: Icarus Investment Group, Llc
3110-304
$1,695
Available Now
View
3121-304
$1,695
Available Now
View
View Rented Units
View More
3 Beds • 1 Bath
$1,750
1180 ft2
1 Available
Managed By: Icarus Investment Group, Llc
3125-104
$1,750
Available Now
View
3 Beds • 1 Bath
$1,750
1250 ft2
2 Available
Managed By: Icarus Investment Group, Llc
3131-302
$1,750
Available Now
View
3125-103
$1,750
Available Now
View
View Rented Units
View More
4 Beds • 1 Bath
$1,860
1150 ft2
0 Available
Managed By: Icarus Investment Group, Llc
3131-102
$1,860
Rented
View
4 Beds • 1 Bath
$2,249
1500 ft2
0 Available
Managed By: Wpd Management Llc
3141-104
$2,249
Rented
View
4 Beds • 2 Bath
$2,249
1500 ft2
0 Available
Managed By: Wpd Management Llc
3054-101
$2,249
Rented
View
4 Beds • 1 Bath
$1,860
1150 ft2
0 Available
Managed By: Atlas Asset Management Services Corp.
Four Bedroom in Garfield Park
$1,860
Rented
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Where you'll live
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Madison Terrace
Madison Terrace
Madison Terrace
Fees & leasing info
Lease & Fees
Security Deposit: $0
Property details
Additional Details
Total Unit Count: 84
Last Updated: Updated 2 hours ago
Contact Number: (312) 757-1686
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Lynx Communications 200.0 50.0
ViaSat, Inc. 35.0 3.0
Hughes Network Systems, LLC 25.0 3.0
VSAT Systems, LLC 2.0 1.3
Data from June 2020 provided by the FCC
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Photos Floor Plans
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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 Madison Terrace by bedroom type below.
2 Bedroom
Suggested income:
$63,000
per year
3 Bedroom
Suggested income:
$63,000
per year
Rent report

Madison Terrace Rent vs. Chicago Average

 Madison Terrace      Chicago Average
2BR
$1,750
$2,562
$0
$850
$1,700
$2,550
$3,400
3BR
$1,750
$3,091
$0
$1,050
$2,100
$3,150
$4,200

Madison Terrace is asking 32% less than the average 2 bedroom apartment in Chicago.

If you upsized to an average priced Chicago 3 bedroom apartment, you would pay 17% more per month.

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

Madison Terrace provides 2% more square footage than the average Chicago 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Madison Terrace
2BR $1,750 $1.80 $5,251
3BR $1,750 $1.40 $5,250
Chicago Average
Studio $1,675 $3.60 $5,026
1BR $2,088 $3.00 $6,263
2BR $2,562 $2.60 $7,687
3BR $3,091 $2.40 $9,273
4BR $2,506 $1.90 $7,519

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 4,616 1BR units on the market in Chicago. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
21% 37% 30% 9% 3%
Available Units in Chicago
Studio 2,573
1BR 4,616
2BR 3,805
3BR 1,117
4BR 336
Location
Nearby Colleges

University of Illinois at Chicago

International Academy of Design and Technology-Chicago

Robert Morris University Chicago

Harold Washington College

DePaul University

FAQs
Is this property currently leasing units?
Yes. There are 9 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 8 units vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 800 to 1,250 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 and 3 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 $1,695 to $1,860. Madison Terrace has 2 bedroom units available starting at $1,695 and 3 bedroom units available starting at $1,750.
Where is this property located?
This property is at 3121-3153 W Madison St in Chicago, IL. It's 5.3 miles southwest from the center of Chicago.
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