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1 Day Ago

Location

500 W Chestnut St, Chatham, IL 62629, USA
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Management

Connor Properties LLC

Leasing office

(217) 483-9900

Property Overview

500 CHESTNUT stands out with an overall expert rating of 8.3/10, led by a perfect 10/10 price score that reflects excellent value for what it offers. With strong ratings for location (9/10) and amenities (8/10), plus a solid trustworthiness score (7/10) and a value-per-square-foot in the top tier of the area, it presents an appealing, well-rounded option for renters.

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

Zumper Expert Rating

8.3
Very Good
With a solid 8.3 out of 10 overall, 500 CHESTNUT is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 500 CHESTNUT has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • More space

Floor plans

2BR/1.5BA2 bed1.5 bath1,100 sqft$1,295 /mo1 unit available

Let's explore this property.

Policies and fees

Applicants

Applicants

One-time.

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REQUIRED FEES

Security Deposit

One-time. Refundable.

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Building details

Property details

Units2
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About 500 CHESTNUT

HomeApartments in Chatham 500 CHESTNUT

500 CHESTNUT cost $1,295 per month. Located at 500 W Chestnut St, Chatham, IL 62629, USA, 500 CHESTNUT has 2 bedroom units available.Other apartment buildings in or around Chatham include but are not limited to: 525 E Pine St, 403 S Main St


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.
8.3
/10
Very Good
With a solid 8.3 out of 10 overall, 500 CHESTNUT is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 500 CHESTNUT has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 500 CHESTNUT
Price·10A 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.
500 CHESTNUT offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A 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.
With multiple in-demand amenities, 500 CHESTNUT is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
500 CHESTNUT is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A 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.
While 500 CHESTNUT does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A 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.
500 CHESTNUT provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

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 500 CHESTNUT compares to other nearby properties.

Positives

More space
The 2-bedroom is 200 sqft larger than other listings nearby

Considerations

Greater distance from middle schools
The nearest middle school is farther than 3 miles away

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Rent trends in Chatham

2-bedroom apartments at 500 CHESTNUT cost about the same as the average rent price for 2-bedroom apartments in Chatham.

Median rents as of May 30 2026.
Chatham
A table of 1-bedroom apartment rental data trends in Chatham
MonthMedian Rent
October 2024$1,200
November 2024$1,150
December 2024$1,100
January 2025$1,100
March 2025$1,160
April 2025$1,200
May 2025$1,225
June 2025$1,225
July 2025$1,220
August 2025$1,172
September 2025$1,195
October 2025$1,250
November 2025$1,225
December 2025$1,231
January 2026$1,200
February 2026$1,171
March 2026$1,162
April 2026$1,200
May 2026$1,017

Affordability calculator

Can I afford to live at 500 W Chestnut St?

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

$51,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $51,800 annually to afford this 2-bedrooms monthly rent price of $1,295.
For more information on rent affordability, visit our rent calculator.

Schools near 500 CHESTNUT

Chatham Elementary School

525 s college st

chatham, IL, 62629

K-4Public
B+
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Internet available near 500 CHESTNUT

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Chatham near 500 W Chestnut St

Walking

3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

8/10
This area is close to freeways and has adequate parking options.

Points of interest for 500 W Chestnut St, Chatham

Groceries

2/10
The nearest general grocery store is within a 20-to-30 minute walk.

Shopping

2/10
The closest fashion store is within a 15-minute walk, and there are a few other fashion stores within walking distance.

Restaurants

3/10
The closest restaurant is within a 10-minute walk, and there are some other restaurants within walking distance.

Primary schools

9/10
At least one elementary school within a 5-to-10-minute walk.

High schools

1/10
There are no high schools within a 30-minute walk.

Nightlife

3/10
The closest bar is within a 10-minute walk, and there are a few other bars within walking distance.

Explore the area around 500 W Chestnut St

County Market
1099 Jason Pl
Papa's Midwest Kettle Corn
7036 Kingsmill Ct
Meijer
4200 Conestoga Dr
Deo Gratias Food Mart
2920 Constitution Dr
ALDI
3425 Freedom Dr

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