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Updated 6 hours ago

NEXT


347 W Chestnut St Chicago, IL

Studio - 2 Bed
•
1 - 2 Bath

530 - 1,373 Sq. Ft.

Available Now
Studio • 1 Bath
$2,036
530 ft2
1 Available
Unit 0705
$2,036
Available Nov 30th, 2026
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Studio • 1 Bath
$2,071
577 ft2
1 Available
Unit 1203
$2,071
Available Dec 23rd, 2026
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1 Bed • 1 Bath
$2,680 - $2,740
746 ft2
2 Available
Unit 1411
$2,680+
Available Now
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Unit 2611
$2,680+
Available Now
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1 Bed • 1 Bath
$2,775
707 ft2
1 Available
Unit 1412
$2,775
Available Now
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2 Beds • 1 Bath
$3,684 - $3,729
980 ft2
3 Available
Unit 1802
$3,684+
Available Now
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Unit 1302
$3,684+
Available Now
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Unit 2202
$3,684+
Available Now
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2 Beds • 2 Bath
$4,754 - $4,764
1373 ft2
2 Available
Unit 1701
$4,754+
Available Now
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Unit 1901
$4,754+
Available Now
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2 Beds • 2 Bath
$5,299
1014 ft2
1 Available
PH06
$5,299
Available Now
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2 Beds • 2 Bath
$4,384 - $4,589
1260 ft2
3 Available
Unit 2310
$4,384+
Available Now
View
Unit 1210
$4,384+
Available Oct 27th, 2026
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Unit 1610
$4,384+
Available Nov 7th, 2026
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Where you'll live
Street View
Map View
Satellite View
Amenities
Fitness Center
Stainless Appliances
Lounge
Bike Storage
Led Vanity Mirror
Resort-style Pool With Sun Terrace
Vinyl Plank Flooring
Resident Lounge
Resident Lounge
Coworking Space
Arcade Room
Pool Table
Fire Pit
Clubhouse
Bike Parking
Barbecue
Stainless Steel Appliances
Quartz Countertops
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Friendly Community
Dog Grooming Area
Pet Rent:

$35.00 Monthly due with rent

Pet / Animal Lease Violation:

Fee issued for unauthorized pets or violations of pet policy. One time

Pet Fee:

$500.00 One time due at move-in

Lease & Fees
Lease Length:

None

Community Account Setup Fee:

$15.00 One time due at move-in

Concession Repayment:

Tenant repayment of rent discounts if lease terms are not met. One time due at move out

Intra-community Transfer Fee:

$500.00 One time

Security Deposit Alternative:

$20.00 - $39.00 Monthly due with rent

Early Termination Fee:

Percentage of rent One time due at move out

Insufficient Move-out Notice Fee:

Insufficient Move-out Notice Fee One time due at move out

Legal / Eviction Fee:

Costs associated with an eviction proceeding. One time

Renters Liability Non-compliance:

$25.00 One time

Property details
Additional Details
Access Device Replacement: $50.00 One time
Bike Storage: $10.00 Monthly due with rent
Storage Space Rental: $30.00 - $60.00 Monthly due with rent
Late Fee: Late Fee One time
Lease Violation Fee: Lease Violation Fee One time
Non-sufficient Funds (nsf): $25.00 One time
Total Unit Count: 310
Last Updated: Updated 6 hours ago
Contact Number: (872) 390-8727
Office Hours
Sunday: 11:00 AM - 4:00 PM
Monday: 9:30 AM - 6:00 PM
Tuesday: 9:30 AM - 6:00 PM
Wednesday: 9:30 AM - 6:00 PM
Thursday: 9:30 AM - 6:00 PM
Friday: 9:30 AM - 6:00 PM
Saturday: 9:00 AM - 6:00 PM
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Comcast Corporation 987.0 35.0
Radiate Holdings, LP 500.0 20.0
Lynx Communications 200.0 50.0
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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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 NEXT by bedroom type below.
Studio
Suggested income:
$73,900
per year
1 Bedroom
Suggested income:
$97,600
per year
2 Bedroom
Suggested income:
$156,000
per year
Rent report

NEXT Rent vs. Chicago Average

 NEXT      Chicago Average
Studio
$2,054
$1,675
$0
$700
$1,400
$2,100
$2,800
1BR
$2,712
$2,088
$0
$900
$1,800
$2,700
$3,600
2BR
$4,335
$2,562
$0
$1,450
$2,900
$4,350
$5,800

NEXT is asking 23% more than the average studio apartment in Chicago.

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

NEXT provides 19% more square footage than the average Chicago studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
NEXT
Studio $2,054 $3.70 $6,161
1BR $2,712 $3.70 $8,135
2BR $4,335 $3.70 $13,004
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 4,291 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% 37% 31% 10% 2%
Available Units in Chicago
Studio 2,377
1BR 4,291
2BR 3,614
3BR 1,140
4BR 281
Location
Nearby Colleges
FAQs
Is this property currently leasing units?
Yes. There are 14 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 13 units available for move-in over the next 2 months. 10 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 530 to 1,373 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 $2,036 to $5,299. NEXT has studio units available starting at $2,036, 2 bedroom units available starting at $3,684, and 1 bedroom units available starting at $2,680.
Where is this property located?
This property is at 347 W Chestnut St in Chicago, IL. It's 3.6 miles south from the center of Chicago.
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