Zumper

1242 N Milwaukee Ave
1242 N Milwaukee Ave, Chicago, IL 60622, USA

Apartment for rent
Pet friendly
Monthly rent
$3,180–$4,545
Beds1–3
Baths1–2
Sqft957–1,785
modified
Updated 3 Days Ago

Property Overview

1242 N Milwaukee Ave pairs a private balcony, stainless steel appliances, and quartz counters with 25 photos that help provide a clear first look. Its value per square foot ranks in the 91.49th percentile locally, and nearby conveniences support pet friendliness and an active social scene with outdoor spaces, transit options, walkability, and many restaurants, shops, and pet services close by.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • More space
  • Covered parking
  • Images available

Great for

  • Pet owners

Highlights

  • Pet Friendly
  • private balcony
  • stainless steel appliances
  • quartz counters

Units

1242 N Milwaukee Ave Chicago, IL

Available

401

1 Bed

1 Bath

$3,180

Listed on 08/17/2026
Listed by Paulina Pacyna
Days on market: 31
ENORMOUS Corner 1BED, 1BATH! Wicker Park's luxury rental property! Offering an unparalleled combination of a vibrant neighborhood location and thoughtfully curated design. Right off Milwaukee and steps from all of the restaurants and shopping on Division Street and Milwaukee Ave. The unit features custom two-tone cabinetry, quartz counters+stainless steel appliances+island. There's sleek concrete floors throughout+exposed piping providing a stylish industrial loft feel/vibe. The living space offers an ample room to add in a home-from-home station or it's suitable as a formal dining space. Lastly, there's an in-unit W/D+private balcony perfect for grilling and furry pets! In addition, there's an onsite fully-furnished rooftop deck with skyline views, grill area and fire-pit. MUST-SEE! Pictures are representative samples of another unit. See floor plan under addtl. Paulina Pacyna Compass | DAC

New Listing

701

3 Beds

2 Baths

$4,545

Listed on 09/08/2026
Listed by Paulina Pacyna
Days on market: 9
ENORMOUS Corner 3BED, 2BATH! Wicker Park's luxury rental property! Offering an unparalleled combination of a vibrant neighborhood location and thoughtfully curated design. Right off Milwaukee and steps from all of the restaurants and shopping on Division Street and Milwaukee Ave. The unit features custom two-tone cabinetry, quartz counters+stainless steel appliances+island. There's sleek concrete floors throughout+exposed piping providing a stylish industrial loft feel/vibe. Each bedroom features windows. The living space offers an ample room to add in a home-from-home station or it's suitable as a formal dining space. Lastly, there's an in-unit W/D+private balcony perfect for grilling and furry pets! In addition, there's an onsite rooftop deck with skyline views, grill area and fire-pit. MUST-SEE! Pictures are representative samples of another unit. See floor plan under addtl. Paulina Pacyna COMPASS | DAC

Amenities for 1242 N Milwaukee Ave

Some units at this address have these amenities. View unit details for more information.

Building
  • Dogs Ok
  • Cats Ok
  • Roof Deck
  • Garage Parking
  • On-Site Laundry
  • Controlled Access
Unit Amenities
  • In-Unit Laundry
  • Balcony
  • Hardwood Floor
  • Dishwasher
  • Assigned Parking
  • Air Conditioning
  • Furnished
  • Central Heat
  • Walk-In Closets
  • On-Site Laundry
  • High Ceilings
  • Fireplace
  • Ceiling Fan

Policies at 1242 N Milwaukee Ave

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Garage Parking

Assigned Parking

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

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About 1242 N Milwaukee Ave

HomeApartments in ChicagoWest Town 1242 N Milwaukee Ave #701, Chicago, IL 60622, USA

Live at 1242 N Milwaukee Ave in the heart of West Town, Chicago! This 11-unit property offers 1 and 2-bedroom options, ranging from 957 to 977 square feet. Enjoy the vibrant neighborhood location, just a stone's throw from top-rated schools. Each unit features a private balcony, stainless steel appliances, and quartz counters. Relax in the grill area or gather around the fire-pit on the roof deck. This pet-friendly property offers furnished units for long-term rentals. Additional amenities include a lounge area, central heat, dishwasher, and outdoor space. With its prime location and modern amenities, this property is a great choice for those looking for a comfortable and convenient living experience.

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Address details

Units12
Units available2
Neighborhood
City
Zip code60622

1242 N Milwaukee Ave #701 is great for:

Pet owners

  • Outdoor spaces are available at this property
  • 14 pet grooming services nearby
  • 38 pet supply stores near the property
  • 4 dog parks within 1 mile

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 1242 N Milwaukee Ave, Chicago, IL 60622, USA compares to other nearby properties.

Positives

More space
The 1-bedroom is 257 sqft larger than other listings nearby
More space
The 3-bedroom is 285 sqft larger than other listings nearby
Covered parking
Garage, covered, or indoor parking is available at this address
Images available
There are at least 10 photos of this address
Roof deck
Access to public roof space

Considerations

Greater distance from middle schools
The nearest middle school is farther than 2 miles away
Greater distance from grade schools
The nearest elementary school is farther than 0.3 mile away
No laundry facilities available
This property doesn't offer on-site or in-unit washers and dryers

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Rent trends in Chicago

1-bedroom apartments here are priced 33% higher than 1-bedrooms in West Town.

3-bedroom apartments at 1242 N Milwaukee Ave #701 cost about 30% more than the average rent price for 3-bedroom apartments in West Town.

Median rents as of Sep 12 2026.
West Town
Chicago
A table of studio rental data trends in Chicago
MonthMedian Rent
September 2024$1,700
October 2024$1,630
November 2024$1,568
December 2024$1,501
January 2025$1,483
February 2025$1,495
March 2025$1,520
April 2025$1,512
May 2025$1,502
June 2025$1,531
July 2025$1,580
August 2025$1,516
September 2025$1,473
October 2025$1,495
November 2025$1,520
December 2025$1,495
January 2026$1,496
February 2026$1,516
March 2026$1,657
April 2026$1,637
May 2026$1,684
June 2026$1,691
July 2026$1,658
August 2026$1,650
September 2026$1,650
A table of studio rental data trends in West Town
MonthMedian Rent
September 2024$1,841
October 2024$1,901
November 2024$2,039
December 2024$1,888
January 2025$1,838
February 2025$1,826
March 2025$1,881
April 2025$1,931
May 2025$1,988
June 2025$2,039
July 2025$2,019
August 2025$2,011
September 2025$2,016
October 2025$1,990
November 2025$2,028
December 2025$2,028
January 2026$2,028
February 2026$2,026
March 2026$2,139
April 2026$2,194
May 2026$2,252
June 2026$2,208
July 2026$2,098
August 2026$2,191
September 2026$2,200

Affordability calculator

Can I afford to live at 1242 N Milwaukee Ave?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$127,200/yr

With your selected rent-to-income ratio, you'd ideally want to make $127,200 annually to afford this 1-bedroom monthly rent price of $3,180.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 1242 N Milwaukee Ave, Chicago, IL.
2 months ago$3,2101 bed1 bath
2 months ago$2,9952 bed1 bath
1 year ago$2,7002 bed2 bath
1 year ago$2,7002 bed2 bath
6 years ago$2,5002 bed2 bath
6 years ago$2,5002 bed2 bath
7 years ago$2,5002 bed2 bath
7 years ago$2,5002 bed2 bath
7 years ago$2,5002 bed2 bath

Schools near 1242 N Milwaukee Ave #701

Pritzker Elementary School

2009 w schiller st

chicago, IL, 60622

PK, K-8Public
A-

Skinner North Elementary School

640 w scott st

chicago, IL, 60610

K-8Public
A-

Rudolph Elementary Learning Center

1628 w washington blvd

chicago, IL, 60612

PK, K-7Public
C+

Ruben Salazar Bilingual Center

160 w wendell st

chicago, IL, 60610

PK, K-8Public
C+

Chicago Commons Nia Family Center

744 n monticello ave

chicago, IL, 60624

PKPublic
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Neighborhood

West Town | Chicago, IL

NEIGHBORHOOD VIBE
Lively and energetic
You’ll be in the heart of the action in this bustling and vibrant area with plenty of shopping, nightlife, and culture.

Getting around Chicago near 1242 N Milwaukee Ave

Walking

10/10
No car? No problem. Everything you need is within a few blocks.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 1242 N Milwaukee Ave, Chicago

Groceries

10/10
Exceptional variety of groceries within a few minutes' walk

Shopping

10/10
Exceptional variety of shops within a few minutes’ walk

Cafes

10/10
Exceptional variety of cafés within a few minutes’ walk

Restaurants

10/10
Exceptional variety of restaurants within a few minutes’ walk

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

9/10
At least one high school within a 5-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

10/10
Exceptional variety of bars right within a few minutes’ walk

Explore the area around 1242 N Milwaukee Ave

Garden Gourmet Market
1130 N Ashland Ave
Foxtrot Market
1722 W Division St
Jewel-Osco
1341 N Paulina St
Rodriguez Super Market
1054 N Ashland Ave
Ashland Market
1053 N Ashland Ave

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