Zumper
modified
2 Hours Ago

Highlights

  • High-end amenities
  • In-unit washer/dryer
  • High-speed wi-fi
  • Spacious kitchen
  • Garage parking
  • Living room

Location

1243 W Madison St #1026687P, Chicago, IL 60607, USA|Near West Side
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Management

BLUEGROUND

Our team has verified this company

Leasing office

(844) 334-4393 ext. 1512

Property Overview

1243 West Madison Street is a highly rated rental option with an overall Zumper expert score of 8.4/10 and perfect 10/10 marks for amenities, location, and quality, plus a strong 9/10 trustworthiness rating. Residents benefit from high-end amenities like in-unit laundry, high-speed Wi‑Fi, a spacious kitchen, garage parking, and a comfortable living room, along with excellent nearby schools, walkable access to hundreds of restaurants and dozens of parks, and convenient public transit.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.4
Very Good
With a solid 8.4 out of 10 overall, 1243 West Madison Street is a great option for renters. While some aspects, like Price, might not be as distinguished as other properties nearby, 1243 West Madison Street has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Elementary school nearby
  • High school nearby
  • Elevator

Great for

  • Eco living
  • Social life

Floor plans

2 bed2 bed2 bath968 sqft$9,498 /moThe advertised rate of $9,489/month is the lowest available price, based on a 30 day(s) stay with a move-in date of October 21, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be higher if billed in multiple payments. Feel at home in this stunning 2-bedroom West Loop apartment. Perfect for groups and families up to 6, this home offers a private balcony. This luxurious home is your perfect base to dive into the city's central vibe and enjoy everything Chicago has to offer. The apartment features a living room with a comfortable sofa and a smart TV, and a spacious, fully stocked kitchen complete with a dining table, a Keurig coffee maker, coffee pods, and all essential cookware and dining ware. Enjoy hotel-grade bedding for the ultimate sleep experience. The apartment is smart home ready with an electronic lock for easy access. Garage parking is available. Nestled in the heart of the vibrant West Loop, you are a 5-minute walk to Wicker Park, and a short ride away from restaurants in downtown, Millennium Park, and Navy Pier. You are also close to other attractions, including being 8 minutes to Downtown Chicago, 25 minutes to O'Hare International Airport, 14 minutes to Navy Pier, 13 minutes to Millennium Park, 18 minutes to the Field Museum, and 14 minutes to The Art Institute of Chicago. Quiet hours should be observed after 10 PM so other residents can sleep. This is a unit in an apartment building with other long-term residents. Registration Number: R24000119236

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Amenities for 1243 West Madison Street

Apartment Amenities

Air ConditioningBalcony
Central HeatFully Equipped Kitchen
FurnishedHanger
Has ViewKettle
Linen TowelPrivate Entrance
ShampooToaster
TV

Appliances

Coffee MachineDishwasher
Hair DryerIn-Unit Laundry
IronMicrowave
OvenRefrigerator
Stove

Tech

WFH BundleWiFi

Building

ElevatorSmoke Detector

Grounds

Assigned Parking
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?

Building details

Property details

Lease terms1–12 months
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About 1243 West Madison Street

HomeApartments in ChicagoNear West Side 1243 West Madison Street

The advertised rate of $9,498/month is the lowest available price, based on a 30 day(s) stay with a move-in date of October 21, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be higher if billed in multiple payments. Feel at home in this stunning 2-bedroom West Loop apartment. Perfect for groups and families up to 6, this home offers a private balcony. This luxurious home is your perfect base to dive into the city's central vibe and enjoy everything Chicago has to offer. The apartment features a living room with a comfortable sofa and a smart TV, and a spacious, fully stocked kitchen complete with a dining table, a Keurig coffee maker, coffee pods, and all essential cookware and dining ware. Enjoy hotel-grade bedding for the ultimate sleep experience. The apartment is smart home ready with an electronic lock for easy access. Garage parking is available. Nestled in the heart of the vibrant West Loop, you are a 5-minute walk to Wicker Park, and a short ride away from restaurants in downtown, Millennium Park, and Navy Pier. You are also close to other attractions, including being 8 minutes to Downtown Chicago, 25 minutes to O'Hare International Airport, 14 minutes to Navy Pier, 13 minutes to Millennium Park, 18 minutes to the Field Museum, and 14 minutes to The Art Institute of Chicago. Quiet hours should be observed after 10 PM so other residents can sleep. This is a unit in an apartment building with other long-term residents. Registration Number: R24000119236


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.4
/10
Very Good
With a solid 8.4 out of 10 overall, 1243 West Madison Street is a great option for renters. While some aspects, like Price, might not be as distinguished as other properties nearby, 1243 West Madison Street has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated 1243 West Madison Street
Price·5A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Monthly rent at 1243 West Madison Street is significantly more expensive than other properties in local neighborhoods. Because of the risk associated with the significant cost difference, this building received a 5/10. Some might think the increased cost is justified by the amenities, but it's worth taking a thorough look for yourself and deciding if any premium benefits are worth the extra expense.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
1243 West Madison Street stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—in-unit laundry, furnished rental—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·10A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
1243 West Madison Street offers residents unparalleled convenience to popular points of interest, transportation, schools, and more, which provide an elevated quality of life. Communication with management is usually quick and easy, allowing for a more expedited application and renting process, saving you time and money.
Quality·10A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
1243 West Madison Street has notable characteristics that give it an edge. It is a verified property that stands out from others nearby as an exceptional choice for renters looking for a specific lifestyle. Offering a combination of prestige, modernity, and tailored living experiences, residents can expect nothing short of excellence at 1243 West Madison Street.
Trustworthiness·9A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
1243 West Madison Street has gone above and beyond to craft a useful, detailed description, demonstrating transparency and trustworthiness, and giving renters a clear picture of what to expect from the property and its management, so they can make an informed decision about whether the rental meets their needs.

1243 West Madison Street is great for:

Eco living

  • You can get around by foot in this area
  • Public transit available nearby
  • 67 parks within a mile

Social life

  • Areas nearby are accessible by walking
  • The area has transit options
  • 662 restaurants within 1 mile of this property
  • Diverse age groups live in this area

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 1243 West Madison Street compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.1 mile away
High school nearby
There is a high school 0.3 mile away
Elevator
Improved accessibility features
Images Available
There are at least 10 photos of this address

Considerations

Priced higher than average
2-bedrooms are $5814 more than the median rent in this area
Priced higher than average
3-bedrooms are $5302 more than the median rent in this area
Greater distance from middle schools
The nearest middle school is farther than 1 mile away

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Rent trends in Near West Side

2-bedroom apartments at 1243 West Madison Street cost about 146% more than the average rent price for 2-bedroom apartments in Near West Side.

Median rents as of May 2 2026.
Near West Side
Chicago
A table of studio rental data trends in Chicago
MonthMedian Rent
May 2024$1,755
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$1,637
May 2026$1,665
A table of studio rental data trends in Near West Side
MonthMedian Rent
May 2024$2,184
June 2024$2,234
July 2024$2,236
August 2024$2,216
September 2024$2,312
October 2024$2,106
November 2024$2,128
December 2024$1,980
January 2025$1,976
February 2025$2,042
March 2025$2,121
April 2025$2,190
May 2025$2,273
June 2025$2,267
July 2025$2,256
August 2025$2,211
September 2025$2,108
October 2025$2,092
November 2025$2,060
December 2025$2,087
January 2026$2,112
February 2026$2,184
March 2026$2,301
April 2026$2,339
May 2026$2,355

Affordability calculator

Can I afford to live at 1243 W Madison St #1026687P?

Bedrooms

2 bedrooms

Rent-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

$379,920/yr

With your selected rent-to-income ratio, you'd ideally want to make $379,920 annually to afford this 2-bedrooms monthly rent price of $9,498.
For more information on rent affordability, visit our rent calculator.

Schools near 1243 West Madison Street

Skinner Elementary School

111 s throop st

chicago, IL, 60607

PK, 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

Skinner North Elementary School

640 w scott st

chicago, IL, 60610

K-8Public
A-

Ruben Salazar Bilingual Center

160 w wendell st

chicago, IL, 60610

PK, K-8Public
C+
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Neighborhood

Near West 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 1243 W Madison St #1026687P

Walking

10/10
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
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 1243 W Madison St #1026687P, 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

9/10
Exceptional variety of cafés within a few minutes’ walk

Restaurants

9/10
Exceptional variety of restaurants within a few minutes’ walk

Primary schools

10/10
At least one elementary school within a 5-minute walk

High schools

8/10
At least one high school within a 10-minute walk

Parks

8/10
Very large amount of park space within a few minutes' walk

Nightlife

9/10
Exceptional variety of bars right within a few minutes’ walk

Explore the area around 1243 W Madison St #1026687P

West Loop Market
1222 W Madison St
Go Grocer
205 S Peoria St
J P Graziano Grocery
901 W Randolph St
Pastorelli Food Products Inc
901 W Lake St
Mariano's
40 S Halsted St

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