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 #01, Chicago, IL 60605, USA|South Loop
Tour 1501 S Prairie Ave Unit 01 #01
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Property Overview
Featuring a private balcony and a gourmet kitchen with high-end appliances, this property offers an inviting living space coupled with oversized windows and walk-in closets for ample storage. Located just over half a mile from a top-rated middle school, it provides convenience, despite being a few miles from public transport and grocery stores. The 46 available photos highlight its appeal, and it ranks in the 97.78 percentile for value per square foot in the area, enhancing its desirability.
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
Social life
Eco living
Amenities for 1501 S Prairie Ave Unit 01 #01, South Loop
Apartment Amenities
| Balcony | Carpet |
| Central Air | Fireplace |
| Hardwood Floor | Natural Gas |
| Walk-in Closet |
Appliances
| Dishwasher | In-Unit Laundry |
Building
| 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: Active 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 2000 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 grade schools
- The nearest elementary school is farther than 0.5 mile away
- Greater distance from high schools
- The nearest high school is farther than 1 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 Jan 31 2026.
South Loop
Chicago
| Month | Median Rent |
|---|---|
| February 2024 | $2,763 |
| March 2024 | $3,086 |
| 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 |
| Month | Median Rent |
|---|---|
| February 2024 | $6,380 |
| March 2024 | $5,936 |
| 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 |
Affordability calculator
Can I afford to live at 1501 S Prairie Ave Unit 01 #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 | |||||
|---|---|---|---|---|---|
| Last month | $5,500 | 3 bed | 2.5 bath | ||
| 3 months ago | $5,500 | 3 bed | 2.5 bath | ||
| 4 months ago | $6,000 | 3 bed | 2.5 bath | ||
| 7 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 | ||
| 7 years ago | $5,200 | 3 bed | 2.5 bath | ||
| 7 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+
Ruben Salazar Bilingual Center
160 w wendell st
chicago, IL, 60610
PK, K-8Public
C+
Skinner North Elementary School
640 w scott st
chicago, IL, 60610
K-8Public
A-
Ariel Elementary Community Academy
1119 e 46th st
chicago, IL, 60653
PK, K-8Public
C-
Thomas Early Childhood Center
3625 s hoyne ave
chicago, IL, 60609
PKPublic
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Internet available near 1501 S Prairie Ave Unit 01 #01
Getting around Chicago near 1501 S Prairie Ave Unit 01 #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 #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
Explore the area around 1501 S Prairie Ave Unit 01 #01
South Loop Market
1720 S Michigan Ave
Sky Grocer
1259 S Michigan Ave
Alfa Foods
1300 S Wabash Ave
Jewel-Osco
1224 S Wabash Ave
Trader Joe's
1147 S Wabash Ave
A'neie's Accents & Accessories
1237 S Michigan Ave
H&M
150 W Roosevelt Rd
LOFT Stores
150 W Roosevelt Rd
Succezz By B&Vdot Inc
2214 S Michigan Ave
Bintasagale
2031 S Clark St
Overflow Coffee
1449 S Michigan Ave
Dunkin'
1575 S Michigan Ave
Overflow Coffee Bar
1312 S Wabash Ave
Dunkin'
1231 S Wabash Ave
Overflow Coffee Bar
1550 S State St
Weather Mark Tavern
1503 S Michigan Ave
Victory Tap
1416 S Michigan Ave
Square One
1400 S Michigan Ave
16th Street Bar
75 E 16th St
M Lounge
1520 S Wabash Ave
Tea Pot Brew Bakery
1802 S Wabash Ave
Sweet Bean
1152 S Wabash Ave
Molly's Cupcake
1150 S Wabash Ave
Eldo Bakery
227 W Cermak Rd
Sunlight Cafe & Bakery
227 W Cermak Rd
Daniel Webster Park
Battle of Fort Dearborn Park
Coliseum Park
Chicago Women's Park and Gardens
Margaret Hie Ding Lin Park
Weather Mark Tavern
1503 S Michigan Ave
DMK Burger Bar
1410 S Museum Campus Dr
Dunkin'
1575 S Michigan Ave
The Chicago Firehouse Restaurant
1401 S Michigan Ave
Decadent Chicago
1355 S Michigan Ave
Indiana / 15th Place
Roosevelt, Roosevelt
1440 S Indiana
Roosevelt
Indiana / 16th Street
Roosevelt
Indiana / 14th Street
Roosevelt
Michigan / 16th Street
King Drive, Cottage Grove Express, Bronzeville / Union Station, Roosevelt, Cottage Grove
18th St.
Metra Electric
Museum Campus / 11th St.
South Shore Line, South Shore Line
Museum Campus/11th St.
Metra Electric
McCormick Place
South Shore Line, Metra Electric, South Shore Line
Van Buren St.
South Shore Line, South Shore Line, Metra Electric
Roosevelt
Green Line, Orange Line, Orange Line, Green Line
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Red Line, Red Line
Cermak-McCormick Place
Green Line, Green Line
Cermak-Chinatown
Red Line, Red Line
Harrison
Red Line, Red Line
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
Hardwood Floor • In-Unit Laundry • Air Conditioning • Carpet • On-Site Laundry • Walk-In Closets
Occupied
2
3 Beds
2.5 Baths
$5,200
In-Unit Laundry • Assigned Parking • On-Site Laundry • Balcony • Fireplace • Dishwasher
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