5+ Days Ago
Highlights
- Private balcony
- Gourmet kitchen
- Walk-in closets
- Oversized windows
- Abundant storage
- High-end appliances
Location
1501 S Prairie Ave Unit 01, Chicago, IL 60605, USA|South Loop
Tour 1501 S Prairie Ave Unit 01 #01
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Property Overview
The property at 1501 S Prairie Ave Unit 01 features a private balcony, gourmet kitchen, and oversized windows, offering an appealing living experience with ample storage and high-end appliances. Its location provides easy access to diverse dining options, public transportation, and numerous parks, promoting an active lifestyle and environmental sustainability. Additionally, it is well-positioned within proximity to top-rated educational facilities and showcases numerous images, enhancing the potential for prospective renters.
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- Middle school nearby
- Fireplace
Great for
Eco living
Social life
Amenities for 1501 S Prairie Ave Unit 01 #01, South Loop
Features
| Balcony | Carpet |
| Central Air | Fireplace |
| Hardwood Floor | Natural Gas |
| Walk-in Closet |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Exterior Type: Brick | Four Floors |
| Onsite Laundry |
Grounds
| 2 Parking Spaces | Garage Parking |
| Storage |
Other
| Eight Rooms | Zoned |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 1501 S Prairie Ave Unit 01 #01
Property Status: Pending Sun-filled and beautifully appointed end-unit townhome in the coveted Central Station neighborhood of the South Loop, offering the comfort and scale of a single-family residence. This exceptional corner home features a wide, open floor plan, oversized windows, and abundant natural light throughout. The expansive eat-in kitchen is designed for both everyday living and entertaining, showcasing professional-grade finishes, high-end appliances, and generous cabinetry. Thoughtful upgrades include a gas-start wood-burning fireplace, custom window treatments in every room, in-home laundry, walk-in closets, additional storage, and fresh designer paint with plush new carpeting. The first level welcomes you with a gracious entry and a spacious family room. The second level is ideal for entertaining, featuring an elegant living room, formal dining area, powder room, and gourmet kitchen. The third level is dedicated to a luxurious primary suite, complete with an oversized bedroom, private office or nursery, spa-like en-suite bath, and a large walk-in closet. The fourth level offers two generously sized bedrooms, a full bathroom with tub and shower, a dedicated laundry area, and access to a private, sun-drenched balcony. Completing the home is a two-car attached garage with abundant storage. Perfectly situated near the lakefront, public transportation, expressways, premier grocery stores, parks, Millennium Park, world-class dining, shopping, and vibrant nightlife. No pets permitted. Office Phone: (312) 593-2424 Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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 1501 S Prairie Ave, Chicago, IL 60605, USA compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 1746 sqft larger than other listings nearby
- Middle school nearby
- There is a middle school 1 mile away
- Fireplace
- Upgraded in-unit features
- Images Available
- There are at least 10 photos of this address
- Walk-in closet
- More closet space on average
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
- Greater distance from grade schools
- The nearest elementary school is farther than 0.5 mile away
Address details
| Neighborhood | South Loop |
|---|---|
| Zip code | 60605 |
| Type | House for rent |
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Rent trends in South Loop
3-bedroom apartments at 1501 S Prairie Ave Unit 01 #01 cost about 22% more than the average rent price for 3-bedroom apartments in Chicago.
Median rents as of Mar 14 2026.
South Loop
Chicago
| Month | Median Rent |
|---|---|
| March 2024 | $3,200 |
| April 2024 | $3,047 |
| May 2024 | $3,130 |
| June 2024 | $3,237 |
| July 2024 | $3,286 |
| August 2024 | $3,019 |
| September 2024 | $3,002 |
| October 2024 | $2,997 |
| November 2024 | $2,921 |
| December 2024 | $2,891 |
| January 2025 | $2,880 |
| February 2025 | $2,917 |
| March 2025 | $2,888 |
| April 2025 | $2,911 |
| May 2025 | $2,944 |
| June 2025 | $2,961 |
| July 2025 | $2,986 |
| August 2025 | $2,854 |
| September 2025 | $2,699 |
| October 2025 | $2,650 |
| November 2025 | $2,839 |
| December 2025 | $2,640 |
| January 2026 | $2,649 |
| February 2026 | $2,751 |
| March 2026 | $2,925 |
| Month | Median Rent |
|---|---|
| March 2024 | $5,119 |
| April 2024 | $4,913 |
| May 2024 | $4,850 |
| June 2024 | $4,899 |
| July 2024 | $4,597 |
| August 2024 | $4,249 |
| September 2024 | $4,431 |
| October 2024 | $4,758 |
| November 2024 | $4,732 |
| December 2024 | $4,500 |
| January 2025 | $4,659 |
| February 2025 | $4,770 |
| March 2025 | $4,863 |
| April 2025 | $4,626 |
| May 2025 | $4,994 |
| June 2025 | $4,608 |
| July 2025 | $5,288 |
| August 2025 | $4,393 |
| September 2025 | $4,898 |
| October 2025 | $4,695 |
| November 2025 | $4,525 |
| December 2025 | $4,288 |
| January 2026 | $4,401 |
| February 2026 | $4,500 |
| March 2026 | $4,500 |
Affordability calculator
Can I afford to live at 1501 S Prairie Ave Unit 01?
Bedrooms
3 bedroomsRent-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
$220,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $220,000 annually to afford this 3-bedrooms monthly rent price of $5,500.
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.| Bath | |||||
|---|---|---|---|---|---|
| 2 months ago | $5,500 | 3 bed | 2.5 bath | ||
| 4 months ago | $5,500 | 3 bed | 2.5 bath | ||
| 5 months ago | $6,000 | 3 bed | 2.5 bath | ||
| 8 months ago | $6,200 | 3 bed | 2.5 bath | ||
| 7 years ago | $5,200 | 3 bed | 2.5 bath | ||
| 7 years ago | $5,200 | 3 bed | 2.5 bath | ||
| 7 years ago | $5,200 | 3 bed | 2.5 bath | ||
| 8 years ago | $5,200 | 3 bed | 2.5 bath | ||
| 8 years ago | $5,500 | 3 bed | 2.5 bath |
Schools near 1501 S Prairie Ave Unit 01 #01
South Loop Elementary School
1212 s plymouth ct
chicago, IL, 60605
PK, K-8Public
B+
Bridgeport Child Development Center
3053 s normal ave
chicago, IL, 60616
PKPublic
Chicago Commons Guadalupano Family Center
1814 s paulina ave
chicago, IL, 60608
PKPublic
Ruben Salazar Bilingual Center
160 w wendell st
chicago, IL, 60610
PK, K-8Public
C+
Rudolph Elementary Learning Center
1628 w washington blvd
chicago, IL, 60612
PK, K-7Public
C+
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Internet available near 1501 S Prairie Ave Unit 01 #01
Getting around Chicago near 1501 S Prairie Ave Unit 01
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 1501 S Prairie Ave Unit 01, Chicago
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
8/10
Wide variety of shops within a few minutes' walk
Cafes
8/10
Several cafés within a few minutes’ walk
Restaurants
9/10
Exceptional variety of restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
4/10
At least one high school within a 20-minute walk
Parks
9/10
Exceptionally large amount of park space within a few minutes’ walk
Nightlife
8/10
Several bars within a few minutes’ walk
Other units at this address
1501 S Prairie Ave, Chicago, IL
1501 S Prairie Ave Chicago, IL
Occupied
0
3 Beds
2.5 Baths
$5,200
Carpet • Hardwood Floor • Balcony • Air Conditioning • In-Unit Laundry • Fireplace
Occupied
2
3 Beds
2.5 Baths
$5,200
Balcony • On-Site Laundry • In-Unit Laundry • Fireplace • Dishwasher • Assigned Parking
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