1 Day Ago
Highlights
Pet Friendly
Location
196 E Chestnut St, Chicago, IL 60611, USA|Near North Side
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Property Overview
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
Less expensive- Elementary school nearby
Great for
Wellness
Eco living
Pet owners
Amenities for 196 E Chestnut St, Near North Side
Apartment Amenities
| Air Conditioning | Carpet |
| Forced Air | Hardwood Floor |
Building
| Cats OK | Dogs OK |
| Fitness Center | Onsite Laundry |
| Roof Deck | Sewage |
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
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 196 E Chestnut St
Sweet deal!
This listing is 24% below the median price for 1 bedroom apartments in Near North Side.
Property Id: 2258996 Originally built in 1926 by the renowned Burnham Brothers, this former hotel has been thoughtfully reimagined into a boutique apartment community in Chicago's prestigious Gold Coast. Nestled just east of Michigan Avenue in a quiet residential pocket, the property offers historic elegance blended with modern comforts—perfect for renters seeking both culture and convenience. Highlights Historically inspired, spacious layouts with classic architectural touches Kitchens featuring stainless-steel appliances, breakfast bars, and faux-wood flooring (carpeted bedrooms) Bathrooms with relaxing soaking tubs Central air conditioning Renovated amenity spaces including: 24-hour staffed security door Fitness center Large sundeck with grilling stations On-site laundry facility Valet parking available (additional fee) Pet-friendly: Cats welcome throughout; dogs permitted on select floors (breed restrictions, no weight limit) Location Details Situated in the highly desirable Gold Coast, this boutique building puts the best of the neighborhood just steps from your front door. Enjoy quick walks to premier shopping, celebrated restaurants, and vibrant nightlife along Michigan Avenue and Oak Street. Outdoor enthusiasts will love being minutes from Oak Street Beach, the Lakefront Trail, and the nearby Museum of Contemporary Art. Commuting is effortless with Lake Shore Drive only a few blocks away, offering fast access to the rest of the city. Renter Criteria To ensure a comfortable living experience for all residents, applicants should meet the following guidelines: Rent-to-income ratio: 3x monthly rent Minimum credit score: 650 (flexible based on full application) Screening: Background check + employment/income verification Pet policy: Cats permitted throughout; dogs allowed on select floors (breed restrictions apply; no weight limit)
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 196 E Chestnut St compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Elementary school nearby
- There is an elementary school 0.4 mile away
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 3 miles away
- No in-unit dishwasher
- Dishwashers aren't available
Address details
| Neighborhood | Near North Side |
|---|---|
| Zip code | 60611 |
| Type | Apartment for rent |
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Rent trends in Near North Side
1-bedroom apartments at 196 E Chestnut St cost about 24% less than the average rent price for 1-bedroom apartments in Chicago.
Median rents as of Dec 27 2025.
Near North Side
Chicago
| Month | Median Rent |
|---|---|
| January 2024 | $2,180 |
| February 2024 | $2,174 |
| March 2024 | $2,319 |
| April 2024 | $2,180 |
| May 2024 | $2,248 |
| June 2024 | $2,337 |
| July 2024 | $2,354 |
| August 2024 | $2,210 |
| September 2024 | $2,235 |
| October 2024 | $2,200 |
| November 2024 | $2,118 |
| December 2024 | $1,961 |
| January 2025 | $1,932 |
| February 2025 | $1,991 |
| March 2025 | $2,036 |
| April 2025 | $2,050 |
| May 2025 | $2,040 |
| June 2025 | $2,012 |
| July 2025 | $2,172 |
| August 2025 | $2,064 |
| September 2025 | $1,986 |
| October 2025 | $1,940 |
| November 2025 | $1,952 |
| December 2025 | $1,950 |
| Month | Median Rent |
|---|---|
| January 2024 | $2,540 |
| February 2024 | $2,630 |
| March 2024 | $2,619 |
| April 2024 | $2,605 |
| May 2024 | $2,826 |
| June 2024 | $2,972 |
| July 2024 | $2,847 |
| August 2024 | $2,825 |
| September 2024 | $2,793 |
| October 2024 | $2,729 |
| November 2024 | $2,619 |
| December 2024 | $2,452 |
| January 2025 | $2,472 |
| February 2025 | $2,497 |
| March 2025 | $2,561 |
| April 2025 | $2,644 |
| May 2025 | $2,724 |
| June 2025 | $2,829 |
| July 2025 | $2,881 |
| August 2025 | $2,807 |
| September 2025 | $2,699 |
| October 2025 | $2,662 |
| November 2025 | $2,545 |
| December 2025 | $2,592 |
Affordability calculator
Can I afford to live at 196 E Chestnut St?
Bedrooms
1 bedroomRent-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
$78,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $78,800 annually to afford this 1-bedroom monthly rent price of $1,970.
For more information on rent affordability, visit our rent calculator.
Schools near 196 E Chestnut St
William B Ogden Elementary School
24 w walton st
chicago, IL, 60610
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-
Kellman Corporate Community Elementary School
3030 w arthington st
chicago, IL, 60612
PK, K-8Public
C-
Thomas Early Childhood Center
3625 s hoyne ave
chicago, IL, 60609
PKPublic
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Internet available near 196 E Chestnut St
Neighborhood
Near North Side | 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 196 E Chestnut St
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
3/10
Roads are accessible, but parking may be a challenge.
Cycling
8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 196 E Chestnut St, Chicago
Groceries
10/10
Several grocery stores nearby
Shopping
10/10
Wide variety of shops within a few minutes' walk
Cafes
10/10
Variety of cafés right on the street
Restaurants
10/10
Variety of restaurants right on the street
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
5/10
At least one high school within a 30-minute walk
Parks
10/10
Very large amount of park space within a few minutes' walk
Nightlife
10/10
Variety of bars right on the street
Explore the area around 196 E Chestnut St
Potash Markets
175 E Delaware Pl
Lake Shore Grocers
900 N Lake Shore Dr
Potash Brothers
875 N State St
Whole Foods Market
3 W Chicago Ave
Trader Joe's
44 E Ontario St
adidas Store
845 N Michigan Ave
Aeropostale
835 N Michigan Ave
Altar'd State
835 N Michigan Ave
AS Revival
835 N Michigan Ave
Champion Outlet
845 N Michigan Ave
Dollop Coffee Co
860 N Dewitt Pl
Jamba
875 N Michigan Ave
Starbucks
875 N Michigan Ave
Dunkin'
250 E Superior St
Starbucks
250 E Superior St
Dec Rooftop Lounge & Bar
160 E Pearson St
Under the Nut
200 E Chestnut St
Torali Italian-Steak
160 East Pearson Street At Water Tower Place
Drumbar
201 E Delaware Pl
Bar 94
875 N Michigan Ave
Teuscher Chocolate Switzerland
900 N Michigan Ave
Chip City
55 E Chicago Ave
Hendrickx Belgian Bread Crafter
100 E Walton St
GNC
42 E Chicago Ave
Sprinkles Chicago
50 E Walton St
Seneca Park
Connors Park
Mariano Park
Washington Square Park
Ogden Plaza Park
Wildberry Pancakes & Cafe
196 E Pearson St
Marisol at the McA
205 E Pearson St
Cafe Cito
215 E Chestnut St
American Girl
835 N Michigan Ave
Auntie Anne's Pretzels
845 N Michigan Ave
Pearson / Mies Van Der Rohe
Streeterville / Taylor
Mies Van Der Rohe / Pearson
Water Tower Express, Streeterville / Taylor
Chestnut / Mies Van Der Rohe
Water Tower Express, Water Tower Express
Mies Van Der Rohe / Delaware
Streeterville / Taylor
Chicago / Mies Van Der Rohe
King Drive, Chicago, Streeterville / Taylor, South Shore Express
Millennium Station
Metra Electric, South Shore Line, South Shore Line
Chicago OTC
Union Pacific North, Union Pacific Northwest, Union Pacific West
Van Buren St.
South Shore Line, South Shore Line, Metra Electric
Chicago Union Station
Burlington Northern, Heritage Corridor, Milwaukee North, Milwaukee West, North Central Service, Southwest Service
LaSalle Street
Rock Island
Chicago
Red Line, Red Line
Grand
Red Line, Red Line
Clark / Division
Red Line, Red Line
Chicago
Purple Line, Brown Line, Brown Line, Purple Line
Merchandise Mart
Brown Line, Purple Line, Purple Line, Brown Line
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