Zumper
modified
2 Hours Ago

Highlights

  • Pet Friendly
  • Co-working spaces
  • Breathtaking views
  • State-of-the-art fitness center
  • Unique style
  • Sleek design elements
  • Rooftop pool

Location

347 W Chestnut St, Chicago, IL 60610, USA|Near North Side
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Contact

Management

Magnolia Capital Management Company, Inc.

Leasing office

(844) 494-6592 ext. 4128

Open today 

9:00 am–6:00 pm CT

Property Overview

Next Apartments achieves a strong Zumper expert rating of 8.8 out of 10, highlighting its competitive pricing and excellent amenities, rated 10 out of 10. The property features co-working spaces, breathtaking views, a state-of-the-art fitness center, and a rooftop pool, emphasizing its unique style and sleek design. With an impressive location rating of 9 out of 10, residents enjoy easy access to local points of interest, numerous gyms, dining options, and pet-friendly amenities.

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

8.8
Very Good
With a solid 8.8 out of 10 overall, Next Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Next Apartments 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

  • Middle school nearby
  • More space
  • Images Available

Great for

  • Wellness
  • Social life
  • Pet owners

Floor plans

S1Studio1 bath476 sqft$2,254–$2,294 /mo2 units available0 bedroom, 1 bath
S2Studio1 bath493 sqft$2,274 /mo1 unit available0 bedroom, 1 bath
S3Studio1 bath530 sqft$2,409 /mo1 unit available0 bedroom, 1 bath
C1Studio1 bath577 sqft$2,459–$2,529 /mo4 units available0 bedroom, 1 bath
1A1 bed1 bath603 sqft$2,592–$2,687 /mo3 units available1 bedroom, 1 bath
1B1 bed1 bath707 sqft$2,612–$2,617 /mo2 units available1 bedroom, 1 bath
1Br1 bed1 bath707 sqft$2,787–$2,847 /mo3 units available1 bedroom, 1 bath
1Dr1 bed1 bath760 sqft$2,822 /mo1 unit available1 bedroom, 1 bath
1E1 bed1 bath843 sqft$2,867–$2,932 /mo2 units available1 bedroom, 1 bath
1C1 bed1 bath746 sqft$2,897 /mo1 unit available1 bedroom, 1 bath
2B2 bed1 bath980 sqft$3,703 /mo1 unit available2 bedroom, 1 bath
2C2 bed2 bath1,260 sqft$4,082–$4,087 /mo2 units available2 bedroom, 2 bath
2D2 bed2 bath1,373 sqft$4,247 /mo1 unit available2 bedroom, 2 bath

Let's explore this property.

Amenities for Next Apartments

Apartment Amenities

9' CeilingsBalcony
Glass Tile BacksplashKitchen Island
Plank FlooringPrivate Balcony
Quartz CountertopsView
Walk-in Closet

Appliances

GE Stainless Steel AppliancesIn-Unit Laundry
Washer and Dryer

Tech

Electronic Access Control

Building

100% Smoke Free EnvironmentBusiness Center
Cats OKCoffee Bar
Controlled AccessDogs OK
Fitness Center

Grounds

Garage ParkingSparkling Resort Style Pool
StorageSwimming Pool

Services

Concierge ServiceTide Cleaners
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.

Contact Property

OPTIONAL FEES

Parking Policy

Garage Parking

Dog Policy

Allowed
Limit2
Breed restrictionsYes

Certain breeds, such as Pit Bulls, Rottweilers, German Shepherds, and others, are not allowed, with additional breed restrictions possibly applying

Cat Policy

Allowed
Limit2

Cat

Pet Rent

Monthly. 2 cats max.

$35

Pet Fee

One-time fee per pet.

$500

Dog

Pet Rent

Monthly. 2 dogs max.

$35

Pet Fee

One-time fee per pet.

$500

Questions about this property’s policies and fees?

Building details

Property details

Units310
Lease terms3–15 months
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About Next Apartments

HomeApartments in ChicagoNear North Side Next Apartments

NEXT Apartments in River North offers an unparalleled urban lifestyle in one of Chicago’s most vibrant and sought-after neighborhoods. Our luxury apartments feature breathtaking, unobstructed views of the Chicago skyline and Lake Michigan, setting the scene for a refined living experience. Each residence is crafted with modern, luxurious finishes, including high-end appliances, sleek design elements, and spacious layouts tailored to your unique style, providing a truly personalized home. Nestled just steps away from iconic Chicago dining spots like Mr. Beef and the upscale Obélix, as well as premier shopping destinations and the riverwalk, NEXT Apartments blends convenience, comfort, and sophistication seamlessly. With the Brown Line just a 5-minute walk away, commuting throughout the city is effortless. Daily errands are a breeze with Whole Foods, Jewel Osco, and ALDI conveniently nearby. Elevate your lifestyle with our impressive array of high-end amenities, including a state-of-the-art fitness center, rooftop pool with cabanas, co-working spaces, and pet-friendly features, all designed to enrich your living experience at NEXT Apartments in River North.


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.
8.8
/10
Very Good
With a solid 8.8 out of 10 overall, Next Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Next Apartments 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 Next Apartments
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.
Next Apartments 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·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.
Next Apartments 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—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Next Apartments 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 Next Apartments does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Next Apartments is great for:

Wellness

  • On-site fitness center or gym
  • On-site pool or spa
  • 102 sports facilities (like tennis courts) nearby
  • 266 gyms or yoga centers nearby

Social life

  • 1284 restaurants within 1 mile of this property
  • This community has public spaces on site, like fitness centers or pools
  • 1670 mixed-use spaces nearby
  • 132 local event hubs within 1 mile

Pet owners

  • Outdoor spaces are available at this property
  • 8 dog parks within 1 mile
  • 33 pet supply stores near the property
  • 11 pet hospitals in the 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 Next Apartments compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 3 miles away
More space
The 2-bedroom is 99 sqft larger than other listings nearby
Images Available
There are at least 10 photos of this address
Walk-in closet
More closet space on average

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 0.3 mile away
No in-unit dishwasher
Dishwashers aren't available
No laundry facilities available
This property doesn't offer on-site or in-unit washers and dryers

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Rent trends in Near North Side

Studio apartments at Next Apartments cost about 7% more than the average rent price for studios in Near North Side.

1-bedroom apartments here are priced 4% higher than 1-bedrooms in Near North Side.

If you decide to upgrade your space, you can expect 2-bedrooms at Next Apartments to be 3% more than the average for similarly sized apartments in Near North Side.

Median rents as of Jan 31 2026.
Near North Side
Chicago
A table of studio rental data trends in Chicago
MonthMedian Rent
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
December 2025$1,495
January 2026$1,496
A table of studio rental data trends in Near North Side
MonthMedian Rent
February 2024$1,950
March 2024$1,949
April 2024$1,972
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

Affordability calculator

Can I afford to live at 347 W Chestnut St?

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

$93,660/yr

With your selected rent-to-income ratio, you'd ideally want to make $93,660 annually to afford this studio median monthly rent price of $2,341.
For more information on rent affordability, visit our rent calculator.

Schools near Next Apartments

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-

Kellman Corporate Community Elementary School

3030 w arthington st

chicago, IL, 60612

PK, K-8Public
C-

Thomas Early Childhood Center

3625 s hoyne ave

chicago, IL, 60609

PKPublic

North River Elementary School

4416 n troy st

chicago, IL, 60625

PK, K-8Public
C+
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Neighborhood

Near North 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 347 W Chestnut 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
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 347 W Chestnut St, Chicago

Groceries

9/10
At least one supermarket within a 10-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

9/10
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
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 347 W Chestnut St

Whole Foods Market
3 W Chicago Ave
ALDI
201 W Division St
Aqua Food & Liquor
503 Mars La Salle Dr
Potash Brothers
875 N State St
Foxtrot Market
23 W Maple St

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