1 Day Ago
Highlights
Pet Friendly
Location
420 N Franklin St, Chicago, IL 60654, 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
Middle school nearby- Less expensive
Great for
Pet owners
Eco living
Social life
Amenities for 420 N Franklin St, Near North Side
Apartment Amenities
| Air Conditioning | Dryer |
| Forced Air | Freezer |
| Hardwood Floor | Linoleum Vinyl |
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Microwave |
| Range/Oven | Refrigerator |
Tech
| Wired For Internet |
Building
| Cats OK | Controlled Building |
| Dogs OK | Fitness Center |
| Residents Lounge | Security Cameras |
Grounds
| Garage Parking | Hot Tub/Spa |
| Swimming Pool |
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?
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About 420 N Franklin St
Property Id: 2496087 Welcome to River North at its most refined. One of Chicago’s most vibrant neighborhoods, this residence boasts an impressive Walk Score of 99, placing world-class dining, nightlife, and cultural destinations just steps from your door including the Illinois Institute of Art Chicago and the Merchandise Mart. Thoughtful design and elevated finishes define the space. Highlights include floating bathroom vanities, custom closets, soft-close Italian cabinetry, KOHLER kitchen and bath fixtures, stainless steel appliances, and Porcelanosa tile with glass mosaic backsplashes. Floor-to-ceiling windows flood the home with natural light, creating a bright and modern living experience. Luxurious amenities include a private yoga studio, expansive dining and club room, a 24-hour state-of-the-art fitness center, lounges, co-working hub, resort style pool and hot tub featuring poolside cabanas and sunbeds. Complemented by fire pits and grilling stations for effortless entertaining. Quick access to I-90/94, Lake Shore Drive, and the CTA Brown and Purple lines. Disclaimer: PRICING COULD BE NET EFFECTIVE OF SPECIALS, please ask if there is one. Photos may not be of exact unit available and may be of various model units and various vacant units. Apartment availability and lease terms may vary. Pricing, availability, and specials are subject to change at any time and without notice. Please note that the price may be net effective of a special or concession that the building is currently running. Information is believed to be accurate, however, is subject to errors and omissions. HotSpot Rentals services the following neighborhoods: South Loop, Printers Row, Near North, River North, Gold Coast, West Loop, Fulton River District, West Loop Gate, The Loop, Streeterville, Lakeshore East, New East Side, Old Town, Medical District, University Village, Near North, River West, Lincoln Park South, Lakeview, Uptown, Ukrainian Village, Wicker Park, Edgewater, Ravenswood, Bronzeville, Logan Square
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 420 N Franklin St compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 2 miles away
- Less expensive
- Studio units are cheaper than other similar listings nearby
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
- Grow a garden indoors
- A balcony, backyard, or shared outdoor space isn't available
Address details
| Neighborhood | Near North Side |
|---|---|
| Zip code | 60654 |
| Type | Apartment for rent |
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Rent trends in Near North Side
studio apartments at 420 N Franklin St cost about 7% less than the average rent price for studio apartments in Chicago.
Median rents as of Apr 18 2026.
Near North Side
Chicago
| Month | Median Rent |
|---|---|
| May 2024 | $1,751 |
| June 2024 | $1,764 |
| July 2024 | $1,931 |
| August 2024 | $1,691 |
| September 2024 | $1,682 |
| October 2024 | $1,630 |
| November 2024 | $1,568 |
| December 2024 | $1,501 |
| January 2025 | $1,483 |
| February 2025 | $1,495 |
| March 2025 | $1,520 |
| April 2025 | $1,512 |
| May 2025 | $1,502 |
| June 2025 | $1,531 |
| July 2025 | $1,580 |
| August 2025 | $1,516 |
| September 2025 | $1,473 |
| October 2025 | $1,495 |
| November 2025 | $1,520 |
| December 2025 | $1,495 |
| January 2026 | $1,496 |
| February 2026 | $1,516 |
| March 2026 | $1,657 |
| April 2026 | $1,633 |
| Month | Median Rent |
|---|---|
| May 2024 | $2,180 |
| June 2024 | $2,256 |
| July 2024 | $2,223 |
| August 2024 | $2,161 |
| September 2024 | $2,166 |
| October 2024 | $2,162 |
| November 2024 | $2,002 |
| December 2024 | $1,894 |
| January 2025 | $1,915 |
| February 2025 | $1,975 |
| March 2025 | $1,989 |
| April 2025 | $2,043 |
| May 2025 | $2,101 |
| June 2025 | $2,163 |
| July 2025 | $2,174 |
| August 2025 | $2,128 |
| September 2025 | $2,126 |
| October 2025 | $2,119 |
| November 2025 | $2,019 |
| December 2025 | $2,061 |
| January 2026 | $2,140 |
| February 2026 | $2,210 |
| March 2026 | $2,244 |
| April 2026 | $2,243 |
Affordability calculator
Can I afford to live at 420 N Franklin St?
Bedrooms
StudioRent-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
$84,720/yr
With your selected rent-to-income ratio, you'd ideally want to make $84,720 annually to afford this studio monthly rent price of $2,118.
For more information on rent affordability, visit our rent calculator.
Schools near 420 N Franklin 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-
Rudolph Elementary Learning Center
1628 w washington blvd
chicago, IL, 60612
PK, K-7Public
C+
Chicago Commons Guadalupano Family Center
1814 s paulina ave
chicago, IL, 60608
PKPublic
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Internet available near 420 N Franklin St
Neighborhood
Near North Side | Chicago, IL
Getting around Chicago near 420 N Franklin St
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
4/10
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 420 N Franklin St, Chicago
Groceries
10/10
At least one supermarket within a 5-minute walk
Shopping
10/10
Exceptional variety of shops within a few minutes’ walk
Cafes
10/10
Exceptional variety of cafés within a few minutes’ walk
Restaurants
10/10
Exceptional variety of restaurants within a few minutes’ walk
Primary schools
5/10
At least one elementary school within a 20-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Parks
8/10
Very large amount of park space within a few minutes' walk
Nightlife
10/10
Exceptional variety of bars right within a few minutes’ walk
Explore the area around 420 N Franklin St
Foxtrot Market
401 N Wells St
Aqua Food & Liquor
503 Mars La Salle Dr
Canal Market
300 N Canal St
North Loop Market
300 N State St
Jewel-Osco
550 N State St
Mohop Inc
222 Merchandise Mart Plz
Edelman Leather
222 Merchandise Mart Plz
Glamour Closet
209 W Illinois St
Destnation Apparel
301 W Grand Ave
Nicholas Joseph Custom Tailors
300 W Grand Ave
Doughnut Vault
401 N Franklin St
Dunkin'
222 Merchandise Mart Plz
Starbucks
470 Merchandise Mart
Joe & the Juice
215 W Hubbard St
Blue Bottle Coffee
313 W Wolf Point Plz
Ciccio Mio
226 W Kinzie St
Gilt Bar
230 W Kinzie St
Shamrock Club
210 W Kinzie St
Billy Goat Tavern
222 Merchandise Mart Plz
Highline Pizza Bar-River North, Chicago
169 W Kinzie St
The Social Cheese
222 Merchandise Mart Plz
Sunny Bowls
222 Merchandise Mart Plz
Insurgent Brands LLC
412 N Wells St
RXBAR
412 N Wells St
Goddess and the Baker, Wacker & Lasalle
225 N La Salle St
Herald Square Park
Park No. 551
Ward A Montgomery Park
Ward (A. Montgomery) Park
Durso Playlot Park
Ciccio Mio
226 W Kinzie St
Gilt Bar
230 W Kinzie St
Bavette's Bar & Boeuf
218 W Kinzie St
Doughnut Vault
401 N Franklin St
Potbelly Sandwich Shop
222 Merchandise Mart Plz
Wells / Merchandise Mart
Water Tower Express, Sedgwick
Wells / Hubbard
Water Tower Express, Sedgwick
Orleans / Merchandise Mart
Water Tower Express, Sedgwick
Orleans / Hubbard
Sedgwick, Water Tower Express
320 N Lasalle
Lasalle
Chicago OTC
Union Pacific North, Union Pacific Northwest, Union Pacific West
Millennium Station
Metra Electric, South Shore Line, South Shore Line
Chicago Union Station
Burlington Northern, Heritage Corridor, Milwaukee North, Milwaukee West, North Central Service, Southwest Service
LaSalle Street
Rock Island
Van Buren St.
South Shore Line, South Shore Line, Metra Electric
Merchandise Mart
Brown Line, Purple Line, Purple Line, Brown Line
Clark / Lake
Green Line, Pink Line, Blue Line, Brown Line, Green Line, Orange Line, Blue Line, Purple Line
Grand
Red Line, Red Line
Clinton
Green Line, Pink Line, Green Line, Pink Line
State / Lake
Pink Line, Purple Line, Green Line, Brown Line, Green Line, Orange Line
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