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Highlights

  • Pet Friendly

Location

1550 W Monroe St #1-1, Chicago, IL 60607, USA|Near West Side

Tour 1550 W Monroe St #1-1

Contact

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Dorothy Moody

Our team has verified this company

HotSpot Rentals

(312) 782-8404

Amenities for 1550 W Monroe St #1-1, Near West Side

Apartment Amenities

BalconyCentral Air - Yes
Dogs - Weight LimitFlooring Hardwood Only
Hardwood Floor

Appliances

DishwasherDishwasher-All
Gas RangeIn-Unit Laundry
Laundry W/D In Unit

Building

Cats OKDogs OK
Fitness CenterNo Smoking
Onsite LaundrySecure Intercom/Key Fob

Other

Luxury Property
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

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

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About 1550 W Monroe St #1-1

HomeApartments in ChicagoNear West Side 1550 W Monroe St #1-1, Chicago, IL 60607, USA

Disclaimer: Hotspot Rentals LLC is an Illinois-licensed real estate brokerage (License #481.011892) operating as a virtual office in compliance with the Illinois Real Estate License Act of 2000 (225 ILCS 454/5-45 d). Our Designated Managing Broker, Dorothy Moody (#471.006436), oversees all licensed activities, record keeping, and supervision of sponsored licensees. Office of Record (mailing address only): 1307 N Bell Ave, Chicago IL 60622. You can reach us at **** or (312) 782-8404. Disclaimer: PRICING COULD BE NET EFFECTIVE OF SPECIALS, please ask if there is one. Photos may not be of exact unit available and may be of various model units and various vacant units. Apartment availability and lease terms may vary. Pricing, availability, and specials are subject to change at any time and without notice. Please note that the price may be net effective of a special or concession that the building is currently running. Information is believed to be accurate, however, is subject to errors and omissions. HotSpot Rentals services the following neighborhoods: South Loop, Printers Row, Near North, River North, Gold Coast, West Loop, Fulton River District, West Loop Gate, The Loop, Streeterville, Lakeshore East, New East Side, Old Town, Medical District, University Village, Near North, River West, Lincoln Park South, Lakeview, Uptown, Ukrainian Village, Wicker Park, Edgewater, Ravenswood, Bronzeville, Logan Square


Address details

NeighborhoodNear West Side
Zip code60607
TypeApartment for rent

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Rent trends in Near West Side

1-bedroom apartments at 1550 W Monroe St #1-1 cost about 30% more than the average rent price for 1-bedroom apartments in Near West Side.

Median rents as of Nov 1 2025.
Near West Side
Chicago
A table of 1-bedroom apartment rental data trends in Chicago
MonthMedian Rent
November 2023$2,072
December 2023$2,116
January 2024$2,165
February 2024$2,174
March 2024$2,319
April 2024$2,180
May 2024$2,248
June 2024$2,337
July 2024$2,354
August 2024$2,210
September 2024$2,235
October 2024$2,200
November 2024$2,118
December 2024$1,961
January 2025$1,932
February 2025$1,991
March 2025$2,036
April 2025$2,050
May 2025$2,040
June 2025$2,012
July 2025$2,172
August 2025$2,064
September 2025$1,986
October 2025$1,940
November 2025$1,895
A table of 1-bedroom apartment rental data trends in Near West Side
MonthMedian Rent
November 2023$2,528
December 2023$2,523
January 2024$2,532
February 2024$2,762
March 2024$2,885
April 2024$2,747
May 2024$2,726
June 2024$2,766
July 2024$2,741
August 2024$2,724
September 2024$2,889
October 2024$2,635
November 2024$2,559
December 2024$2,454
January 2025$2,432
February 2025$2,489
March 2025$2,541
April 2025$2,655
May 2025$2,745
June 2025$2,727
July 2025$2,799
August 2025$2,712
September 2025$2,604
October 2025$2,526
November 2025$2,465

Affordability calculator

Can I afford to live at 1550 W Monroe St #1-1?

Bedrooms

1 bedroom

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

$128,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $128,000 annually to afford this 1-bedroom monthly rent price of $3,200.
For more information on rent affordability, visit our rent calculator.

Schools near 1550 W Monroe St #1-1

Skinner Elementary School

111 s throop st

chicago, IL, 60607

PK, K-8Public
A-

Kellman Corporate Community Elementary School

3030 w arthington st

chicago, IL, 60612

PK, K-8Public
C-

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+

Thomas Early Childhood Center

3625 s hoyne ave

chicago, IL, 60609

PKPublic
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Internet available near 1550 W Monroe St #1-1

Getting around Chicago near 1550 W Monroe St #1-1

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
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 1550 W Monroe St #1-1, Chicago

Groceries

8/10
At least one supermarket within a 10-minute walk

Shopping

9/10
Wide variety of shops within a few minutes' walk

Cafes

8/10
Several cafés within a few minutes’ walk

Restaurants

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

Primary schools

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

High schools

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

Parks

8/10
Large amount of park space nearby

Nightlife

8/10
Wide variety of bars within a few minutes' walk

Explore the area around 1550 W Monroe St #1-1

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