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5314 North Damen Avenue #407, Chicago, Illinois 60625, United States|Lincoln Square
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Property Overview
Nestled in a vibrant neighborhood, 5314 North Damen Avenue #407 offers an array of desirable features, including modern amenities and convenient access to public transport. Ideal for those seeking urban living, the location provides proximity to shops, restaurants, and parks, enhancing the overall lifestyle. Additionally, the unit's spacious layout and ample natural light create a welcoming atmosphere.
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
- Extra Storage
Great for
Wellness
Social life
Amenities for 5314 North Damen Avenue #407, Lincoln Square
Apartment Amenities
| Baseboard |
Building
| Fitness Center | Five Floors |
| Onsite Laundry |
Grounds
| Storage | Three Parking Spaces |
Other
| Multi Units | Wall Units |
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
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Applicants
One-time.
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Security Deposit
One-time. Refundable.
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About 5314 North Damen Avenue #407
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Apartments in ChicagoLincoln Square 5314 North Damen Avenue #407, Chicago, Illinois 60625, United States
Apartments in ChicagoLincoln Square 5314 North Damen Avenue #407, Chicago, Illinois 60625, United StatesProperty Status: Active Welcome to 5314 N. Damen Ave., a stunning, fully remodeled 48 unit luxury apartment building located in the desirable neighborhood of Bowmanville. This brand new, beautifully designed building offers top-of-the-line amenities and spacious, updated living spaces that are perfect for the modern tenant. Each of the apartments feature high-end finishes and top-of-the-line appliances, including stainless steel appliances, quartz countertops, and luxury vinyl plank flooring. The units also offer ample closet space, large windows that let in plenty of natural light, and functional layouts to maximize the utility of your apartment. Our building offers a variety of community amenities that are designed to enhance your lifestyle such as a state of the art gym, on-site laundry, storage lockers, and a dog run just to name a few. In addition to our premium amenities, the location is unbeatable. Bowmanville is a thriving neighborhood that is known for its charming tree-lined streets, friendly residents, and vibrant local scene. There are numerous parks in the area, including Winnemac Park and River Park, which offer plenty of green space and recreational opportunities. There are also a variety of great dining options in the neighborhood, including a number of popular restaurants along Foster Avenue and Clark Street. You'll love living just minutes away from some of the best dining, shopping, and entertainment that Chicago has to offer. *PICTURES MAY BE OF OUR MODEL UNITS. ALL FINISHES ARE CONSISTENT THROUGHOUT THE BUILDING BUT FLOORPLANS VARY* Office Phone: (312) 319-1168 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 5314 North Damen Avenue #407 compares to other nearby properties.
Positives
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- Elementary school nearby
- There is an elementary school 0.2 mile away
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- Extra Storage
- Upgraded in-unit features
- Images available
- There are at least 10 photos of this address
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
Address details
| Neighborhood | Lincoln Square |
|---|---|
| Zip code | 60625 |
| Type | Apartment for rent |
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Rent trends in Lincoln Square
studio apartments at 5314 North Damen Avenue #407 cost about 9% less than the average rent price for studio apartments in Chicago.
Median rents as of Nov 29 2025.
Lincoln Square
Chicago
| Month | Median Rent |
|---|---|
| December 2023 | $1,575 |
| January 2024 | $1,595 |
| February 2024 | $1,627 |
| March 2024 | $1,926 |
| April 2024 | $1,745 |
| 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 |
| Month | Median Rent |
|---|---|
| December 2023 | $1,207 |
| January 2024 | $1,225 |
| February 2024 | $1,287 |
| March 2024 | $1,287 |
| April 2024 | $1,285 |
| May 2024 | $1,250 |
| June 2024 | $1,277 |
| July 2024 | $1,330 |
| August 2024 | $1,378 |
| September 2024 | $1,338 |
| October 2024 | $1,296 |
| November 2024 | $1,295 |
| December 2024 | $1,295 |
| January 2025 | $1,335 |
| February 2025 | $1,390 |
| March 2025 | $1,369 |
| April 2025 | $1,343 |
| May 2025 | $1,350 |
| June 2025 | $1,350 |
| July 2025 | $1,357 |
| August 2025 | $1,355 |
| September 2025 | $1,362 |
| October 2025 | $1,395 |
| November 2025 | $1,372 |
Affordability calculator
Can I afford to live at 5314 North Damen Avenue #407?
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
$50,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $50,000 annually to afford this studio monthly rent price of $1,250.
For more information on rent affordability, visit our rent calculator.
Schools near 5314 North Damen Avenue #407
Eliza Chappell Elementary School
2135 w foster ave
chicago, IL, 60625
PK, K-8Public
B
North River Elementary School
4416 n troy st
chicago, IL, 60625
PK, K-8Public
C+
Skinner North Elementary School
640 w scott st
chicago, IL, 60610
K-8Public
A-
Chicago Academy Elementary School
3400 n austin ave
chicago, IL, 60634
PK, K-8Public
B-
Belmont-Cragin Elementary School
5252 w palmer st
chicago, IL, 60639
PK, K-8Public
C-
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Internet available near 5314 North Damen Avenue #407
Getting around Chicago near 5314 North Damen Avenue #407
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
6/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 5314 North Damen Avenue #407, Chicago
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
7/10
Several shops within a few minutes’ walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
8/10
Variety of restaurants within a few minutes' walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Parks
8/10
Very large amount of park space within a few minutes' walk
Nightlife
7/10
Several bars within a few minutes’ walk
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