5+ Days Ago
Highlights
- Walk in closets
- Extra storage
- Large walk-in closet
- Oversized master bedroom
- 2 car attached garage
- Large eat-in kitchen
Location
1501 S Prairie Ave #01, Chicago, IL 60605, USA|South Loop
Tour 1501 S Prairie Ave #01
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Property Overview
The property features expansive living spaces, including large walk-in closets and an oversized master bedroom, alongside practical amenities such as a 2-car attached garage and a large eat-in kitchen. Its location offers convenience with numerous dining options, parks for outdoor activities, and access to public transport, fostering a vibrant social atmosphere. Additionally, strong value per square foot enhances its appeal, making it an attractive option in the Chicago area.
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 #01, South Loop
Apartment Amenities
| Balcony | Carpet |
| Central Air | Fireplace |
| Hardwood Floor | Natural Gas |
| Walk-in Closet |
Appliances
| Dishwasher | In-Unit Laundry |
Building
| 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
No pets allowed.
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About 1501 S Prairie Ave #01
Property Status: Active Sunny and spacious end townhome in South Loop Central Station. Lives like a single family home, corner home with wide floor plan. Large eat-in kitchen with professional grade finishes and appliances. Home features; Gas starter wood burning fireplace, Window treatments in all rooms, In home laundry, walk in closets, extra storage, and fresh carpet and paint. First level entrance and large family room, 2nd level living room, dining room, powder room and eat-in kitchen. 3rd level Oversized Master bedroom with private office / nursery, private bath and large walk-in closet. 4th level 2 large bedrooms, spacious balcony, Full bathroom tub and shower, and laundry. 2 car attached garage with plenty of storage. Close to everything; Lake front, CTA, expressways, Jewel, Trader Joe's, Target, Kids Parks, Millienum Park, Shopping, Dining and Night life. Sorry No Pets. Office Phone: (312) 216-2422 Copyright © 2025 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 1800 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 #01 cost about 20% more than the average rent price for 3-bedroom apartments in Chicago.
Median rents as of Sep 13 2025.
South Loop
Chicago
| Month | Median Rent |
|---|---|
| September 2023 | $2,850 |
| October 2023 | $2,811 |
| November 2023 | $2,848 |
| December 2023 | $2,890 |
| January 2024 | $2,900 |
| 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 | $2,733 |
| Month | Median Rent |
|---|---|
| September 2023 | $5,485 |
| October 2023 | $5,754 |
| November 2023 | $5,480 |
| December 2023 | $5,541 |
| January 2024 | $6,177 |
| 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 | $4,714 |
Affordability calculator
Can I afford to live at 1501 S Prairie Ave #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
$240,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $240,000 annually to afford this 3-bedrooms monthly rent price of $6,000.
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 | $6,200 | 3 bed | 2.5 bath | ||
| 6 years ago | $5,200 | 3 bed | 2.5 bath | ||
| 6 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 | ||
| 7 years ago | $6,500 | 3 bed | 2.5 bath | ||
| 7 years ago | $6,500 | 3 bed | 2.5 bath |
Schools near 1501 S Prairie Ave #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 #01
Getting around Chicago near 1501 S Prairie Ave #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 #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
Walk-In Closets • In-Unit Laundry • Hardwood Floor • Fireplace • Dishwasher • Air Conditioning
Occupied
2
3 Beds
2.5 Baths
$5,200
Assigned Parking • In-Unit Laundry • Fireplace • Dishwasher • Balcony • On-Site Laundry
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