Updated 1 Day Ago
Location
2240 W Madison St #Unit 201, Chicago, IL 60612, USA|Near West Side
Tour 2240 W Madison St
Contact
Anita Marquez
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Property management
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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
More space- Less expensive
- Central heat
Great for
Eco living
Amenities for 2240 W Madison St, Near West Side
Apartment Amenities
| Air Conditioning | Central Heat |
| Dryer | Has Dedicated Parking Spot |
| Heating | Trash Included |
| Water |
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Microwave |
| Refrigerator |
Grounds
| Assigned Parking | Courtyard |
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
Parking Policy
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 2240 W Madison St
Sweet deal!
This listing is 27% below the median price for 2 bedroom apartments in Near West Side.
Welcome to your new home in the vibrant Near West Side of Chicago! This property offers a comfortable living space perfect for anyone looking to enjoy the dynamic lifestyle of the city. With easy access to the expressway and downtown Chicago, you'll have everything you need right at your fingertips. The property features central heating and cooling, ensuring a cozy atmosphere year-round. Additional amenities include ceiling fans for your comfort and a relaxing rear balcony. While utilities such as gas and electricity are not included in the rent, you'll have the flexibility to set up your accounts to suit your lifestyle. One space in a heated garage is also available for an additional monthly fee. With the United Center, bars, restaurants and nightlife is just minutes away and excellent schools like Guidepost Montessori at Lincoln Park within a short commute, this location is both convenient and family-friendly. Union Park and Smith Park are nearby, offering outdoor sp...
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 2240 W Madison St compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 395 sqft larger than other listings nearby
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- Central heat
- This address offers a climate controlled environment
- Images available
- There are at least 10 photos of this address
- Walk-in closet
- Rentals here may include more closet space than average
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
- Greater distance from high schools
- The nearest high school is farther than 0.3 mile away
- Greater distance from grade schools
- The nearest elementary school is farther than 0.2 mile away
- Pet restrictions
- Pets aren't allowed at this location.
Address details
| Neighborhood | Near West Side |
|---|---|
| Zip code | 60612 |
| Type | Apartment for rent |
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Rent trends in Near West Side
2-bedroom apartments at 2240 W Madison St cost about 27% less than the average rent price for 2-bedroom apartments in Chicago.
Median rents as of Sep 5 2026.
Near West Side
Chicago
| Month | Median Rent |
|---|---|
| September 2024 | $2,722 |
| October 2024 | $2,704 |
| November 2024 | $2,621 |
| December 2024 | $2,508 |
| January 2025 | $2,470 |
| February 2025 | $2,498 |
| March 2025 | $2,508 |
| April 2025 | $2,495 |
| May 2025 | $2,498 |
| June 2025 | $2,498 |
| July 2025 | $2,550 |
| August 2025 | $2,491 |
| September 2025 | $2,419 |
| October 2025 | $2,402 |
| November 2025 | $2,428 |
| December 2025 | $2,348 |
| January 2026 | $2,436 |
| February 2026 | $2,425 |
| March 2026 | $2,537 |
| April 2026 | $2,503 |
| May 2026 | $2,574 |
| June 2026 | $2,595 |
| July 2026 | $2,536 |
| August 2026 | $2,512 |
| September 2026 | $2,550 |
| Month | Median Rent |
|---|---|
| September 2024 | $3,925 |
| October 2024 | $3,647 |
| November 2024 | $3,408 |
| December 2024 | $3,318 |
| January 2025 | $3,345 |
| February 2025 | $3,464 |
| March 2025 | $3,588 |
| April 2025 | $3,700 |
| May 2025 | $3,800 |
| June 2025 | $3,728 |
| July 2025 | $3,733 |
| August 2025 | $3,640 |
| September 2025 | $3,534 |
| October 2025 | $3,528 |
| November 2025 | $3,464 |
| December 2025 | $3,413 |
| January 2026 | $3,502 |
| February 2026 | $3,648 |
| March 2026 | $3,840 |
| April 2026 | $3,838 |
| May 2026 | $3,875 |
| June 2026 | $3,922 |
| July 2026 | $3,976 |
| August 2026 | $3,880 |
| September 2026 | $3,780 |
Affordability calculator
Can I afford to live at 2240 W Madison St #Unit 201?
Bedrooms
2 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
$110,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $110,000 annually to afford this 2-bedrooms monthly rent price of $2,750.
For more information on rent affordability, visit our rent calculator.
Schools near 2240 W Madison St
Dett Elementary School
2131 w monroe st
chicago, IL, 60612
PK, K-8Public
C-
Rudolph Elementary Learning Center
1628 w washington blvd
chicago, IL, 60612
PK, K-7Public
C+
Kellman Corporate Community Elementary School
3030 w arthington st
chicago, IL, 60612
PK, K-8Public
C-
Chicago Commons Guadalupano Family Center
1814 s paulina ave
chicago, IL, 60608
PKPublic
Chicago Commons Nia Family Center
744 n monticello ave
chicago, IL, 60624
PKPublic
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Internet available near 2240 W Madison St
Getting around Chicago near 2240 W Madison St #Unit 201
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
7/10
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 2240 W Madison St #Unit 201, Chicago
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
8/10
Variety of shops within a few minutes' walk
Cafes
7/10
Variety of cafés within walking distance
Restaurants
8/10
Variety of restaurants within a few minutes' walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
6/10
Variety of bars within walking distance
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