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Updated 2 hours ago

420 W. Melrose St.


420 W. Melrose St. Chicago, IL

Studio - 1 Bed
1 Bath

258 - 275 Sq. Ft.

Available Now
Deal
Size and dimensions are approximate, actual may vary. Features, materials, finishes, and layouts of the subject unit may be different from shown. Advertised pricing may be the rent reflective of any lease incentives that may be offered. Pricing, availability, and specials are subject to change at any time without notice.
Studio • 1 Bath
$1,145 - $1,215
258 ft2
2 Available
Managed By: Peak Properties, Inc.
Updated about 2 hours ago

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Unit 310
$1,145
Available Jul 1st, 2024
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Unit 510
$1,215
Available Jul 1st, 2024
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View Rented Units
Studio • 1 Bath
$1,165
275 ft2
1 Available
Managed By: Peak Properties, Inc.
Updated about 2 hours ago

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Unit 203
$1,165
Available Jul 1st, 2024
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View Rented Units
Studio • 1 Bath
$1,165
262 ft2
1 Available
Managed By: Peak Properties, Inc.
Updated about 2 hours ago

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Unit 408
$1,165
Available Jul 1st, 2024
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3 Beds • 2 Bath
$2,600
1403 ft2
0 Available
Managed By: Peak Properties, Inc.
Updated over 1 month ago

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PH
$2,600
Rented
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3 Beds • 1 Bath
$2,925
1403 ft2
0 Available
Managed By: Realty & Mortgage
Updated over 1 month ago

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Three Bedroom, 1403 sq. ft
$Ask
Rented
View
3 Bedroom
$2,925
Rented
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3 Beds • 2 Bath
$2,925
Size: N/A
0 Available
Managed By:
Updated over 1 month ago

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PH
$2,925
Rented
View
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
88
Very Walkable
Transit Score®
78
Excellent Transit
Bike Score®
90
Biker's Paradise
Amenities
On-site Laundry
Fitness Center
Refrigerator
Public Transportation
Hardwood Floors
Cable Ready
Free Weights
Stainless Appliances
Near Grocery Store
Near Hospital
Secured Entry
Elevator
Cable-ready
Freezer
Microwave
Range / Oven
Living Room
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Friendly Community
Pet Fee:

150.00

Pet Rent:

15.00

Lease & Fees
Lease Length: None
Property details
Description

This 7-story brick elevator building located in the heart of Lakeview, has an elegant lobby with curated art and lounge seating, and some apartments with lake views. Residents also have access to a fitness center with SoulCycle bikes and a lovely outdoor gathering space with community tables and gas grills. Building Features Dedicated Super Studio, 1-bedroom and penthouse apartments Heat and Wi-Fi included Fitness center access Pets welcome Elevator building Package room Bike parking Laundry pay app Red, Brown, Purple and 8 bus lines nearby

Additional Details
Total Unit Count: 68
Last Updated: Updated 2 hours ago
Contact Number: (773) 617-6451
Property manager information
Peak Properties, Inc.
Ask a question
Office Hours
Monday: 9:00 AM - 5:00 PM
Tuesday: 9:00 AM - 5:00 PM
Wednesday: 9:00 AM - 5:00 PM
Thursday: 9:00 AM - 5:00 PM
Friday: 9:00 AM - 5:00 PM
Saturday: 10:00 AM - 1:00 PM
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Radiate Holdings, LP 1000.0 20.0
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
Data from June 2020 provided by the FCC
Photos Floor Plans Amenities
Neighborhood
Lakeview
Ultimate Energy, Nightlife and Young Crowds in Chicago’s Lakeview

Chicago is home to many iconic professional sports teams. The White Sox, The Bears, The Bulls, The Blackhawks and of course the perennially--until recently--cursed but loved Chicago Cubs. If you’re a Cubs fan — and who isn’t? — the neighborhood called Lakeview is the home of Wrigley Field, the major league baseball stadium that seems to pop up in the center of the neighborhood from nowhere. The venerable Major League Baseball stadium was first constructed in 1914 when the Chicago Whales played in what was called the Federal League.
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 420 W. Melrose St. by bedroom type below.
Studio
Suggested income:
$42,200
per year
Rent report

420 W. Melrose St. Rent vs. Chicago Average

 420 W. Melrose St.      Chicago Average
Studio
$1,173
$1,523
$0
$500
$1,000
$1,500
$2,000

420 W. Melrose St. is asking 23% less 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.

420 W. Melrose St. provides 44% less square footage than the average Chicago studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
420 W. Melrose St.
Studio $1,173 $4.50 $3,518
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
Richardson Library 1.8 mi 36 min 10 min 3 min
Wish Field 1.8 mi 35 min 11 min 4 min
DePaul University Quad 1.9 mi 37 min 11 min 3 min
Lincoln Park Student Center 1.9 mi 37 min 11 min 4 min
Meyer Fitness and Rec Center 2.0 mi 39 min 11 min 4 min
Nearby Hospitals
Name Distance
Presence Saint Joseph Hospital 0.56 mi.
Advocate Northside Health Network Dba Illinois Masonic Medical Center 0.65 mi.
Thorek Memorial Hospital 1.11 mi.
Nearby Fire Stations
Name Distance
Superior Volunteer Fire & Ems 2.59 mi.
Lawrence Volunteer Fire Department 2.74 mi.
Chicago Fire Department 3.08 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?
There are no units with move-in dates in the next 2 months. The next unit is available for move-in on July 01, 2024.
What's the square footage of the available units?
The available units range from 258 to 275 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
Where is this property located?
This property is at 420 W. Melrose St. in Chicago, IL. It's 1.0 miles east from the center of Chicago.
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