Zumper
modified
6 Hours Ago

Highlights

  • Wood plank flooring & carpet
  • Spacious 3 bedroom apartment
  • Huge white cabinet kitchen
  • Heat, hot water, appliances included

Location

5000 West Madison Street, Chicago, Illinois 60644, United States|Austin
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Contact

Management

Nitsua, LLC

Leasing office

(773) 745-8153

Property Overview

Madison-MASTER offers an attractive combination of features, including a spacious three-bedroom layout with a large kitchen, enhanced by quality wood plank flooring and carpet. With a Zumper Expert Rating of 8.4 out of 10, the property is competitively priced, reflecting a superior balance of cost and value. Residents benefit from a prime location rated at 9 out of 10, excellent amenities rated at 8 out of 10, and a commendable trustworthiness rating of 8 out of 10, indicating reliability and transparency from the property management.

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

8.4
Very Good
With a solid 8.4 out of 10 overall, Madison-MASTER is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Madison-MASTER 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

3BR/1.0BA3 bed1 bath1,155 sqft$1,400 /mo1 unit availableSpacious 3 bedroom apartment available in the Austin neighborhood on the 3rd floor. This apartment features wood plank flooring & carpet with a huge white cabinet kitchen. Building is located on Madison & Lavergne. Parking space in lot included! Heat, hot water & appliances included. Tenant is responsible for electric only! $30 application fee per adult 18 and over. $500.00 non-refundable administration fee. Administrative fee & 1st month's rent required for move in. NO SECURITY DEPOSIT! Applications can be submitted online from our website https www ua4rent com vacancies Minimum Requirements: *Credit check *Net monthly income must be at least 3 times the rent amount *Must have stable income for at least 1 year with proof of that income *NO past evictions or judgements *NO DOGS ALLOWED

Let's explore this property.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
Building details

Property details

Units14
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About Madison-MASTER

HomeApartments in ChicagoAustin Madison-MASTER

Spacious 3 bedroom apartment available in the Austin neighborhood on the 3rd floor. This apartment features wood plank flooring & carpet with a huge white cabinet kitchen. Building is located on Madison & Lavergne. Parking space in lot included! Heat, hot water & appliances included. Tenant is responsible for electric only! $30 application fee per adult 18 and over. $500.00 non-refundable administration fee. Administrative fee & 1st month's rent required for move in. NO SECURITY DEPOSIT! Applications can be submitted online from our website https www ua4rent com vacancies Minimum Requirements: *Credit check *Net monthly income must be at least 3 times the rent amount *Must have stable income for at least 1 year with proof of that income *NO past evictions or judgements *NO DOGS ALLOWED


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, Madison-MASTER is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Madison-MASTER 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 Madison-MASTER
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.
Madison-MASTER 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, Madison-MASTER 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.
Madison-MASTER 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 Madison-MASTER 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.

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 Madison-MASTER compares to other nearby properties.

Positives

More space
The 3-bedroom is 55 sqft larger than other listings nearby

Considerations

Greater distance from middle schools
The nearest middle school is farther than 2 miles away
Greater distance from high schools
The nearest high school is farther than 1 mile away
Lacks images
Fewer than 10 photos available for this location

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Rent trends in Austin

3-bedroom apartments at Madison-MASTER cost about 18% less than the average rent price for 3-bedroom apartments in Austin.

Median rents as of Dec 20 2025.
Austin
Chicago
A table of studio rental data trends in Chicago
MonthMedian Rent
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
December 2025$1,495
A table of studio rental data trends in Austin
MonthMedian Rent
January 2024$801
February 2024$810
March 2024$830
April 2024$832
May 2024$846
June 2024$837
July 2024$804
August 2024$847
September 2024$895
October 2024$984
November 2024$1,227
December 2024$2,378
January 2025$2,610
February 2025$2,742
March 2025$2,940
April 2025$2,942
May 2025$1,515
June 2025$1,145
July 2025$1,115
August 2025$1,028
September 2025$920
October 2025$889
November 2025$1,002
December 2025$1,200

Affordability calculator

Can I afford to live at 5000 West Madison Street?

Bedrooms

3 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

$56,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $56,000 annually to afford this 3-bedrooms monthly rent price of $1,400.
For more information on rent affordability, visit our rent calculator.

Schools near Madison-MASTER

Spencer Elementary Technology Academy

214 n lavergne ave

chicago, IL, 60644

PK, K-8Public
C-

Plato Learning Academy Elementary School

5545 w harrison st

chicago, IL, 60644

K-8Public
C-

Kellman Corporate Community Elementary School

3030 w arthington st

chicago, IL, 60612

PK, K-8Public
C-

Belmont-Cragin Elementary School

5252 w palmer st

chicago, IL, 60639

PK, K-8Public
C-

Chicago Academy Elementary School

3400 n austin ave

chicago, IL, 60634

PK, K-8Public
B-
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Internet available near Madison-MASTER

Getting around Chicago near 5000 West Madison Street

Walking

9/10
No car? No problem. Everything you need is within a few blocks.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

6/10
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 5000 West Madison Street, Chicago

Groceries

8/10
At least one grocery store within a few minutes' walk

Shopping

6/10
Variety of shops within walking distance

Cafes

4/10
Few or no cafés within walking distance

Restaurants

6/10
Variety of restaurants within walking distance

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

7/10
Moderate amount of park space nearby

Nightlife

3/10
Few or no bars within walking distance

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