Updated 15 Hours Ago
Location
515 W 40th Pl #1, Chicago, IL 60609, USA|New City
Tour 515 W 40th Pl #1
Contact
Nearby rentals
Property management
Apartments for rent ChicagoApartments for rent LakeviewApartments for rent Near North SideApartments for rent Near West SideApartments for rent UptownApartments for rent LoopApartments for rent Rogers ParkApartments for rent EdgewaterApartments for rent Logan SquareApartments for rent Lincoln ParkApartments for rent Lincoln SquareApartments for rent EvanstonApartments for rent South LoopApartments for rent Hyde ParkApartments for rent West TownApartments Near Me
Houses for rent ChicagoHouses for rent SchaumburgHouses for rent DeerfieldHouses for rent Arlington HeightsHouses for rent Oak ParkHouses for rent Highland ParkHouses for rent Forest ViewHouses for rent AuroraHouses for rent NapervilleHouses for rent Des PlainesHouses for rent SkokieHouses for rent PalatineHouses for rent WheelingHouses for rent Buffalo GroveHouses for rent LisleHouses for rent near me
Amenities for 515 W 40th Pl #1, New City
Features
| 2 Floors | Central Air |
| Natural Gas |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Onsite Laundry |
Grounds
| Outdoor Space |
Other
| Exterior Type: Vinyl Siding | Four Rooms |
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
Advertisement
About 515 W 40th Pl #1
Property Status: Active A thoughtful 2023 renovation brings a fresh, modern feel to this spacious 2-bedroom, 1-bathroom unit in the heart of Canaryville. At roughly 1,100 square feet, the layout offers genuine room to live..... quartz countertops and beautiful cabinetry in the kitchen, complemented by stainless steel appliances. Updated flooring and modern lighting throughout give the entire unit a clean, cohesive look that holds up beautifully. The living and kitchen areas flow together naturally, creating an open feel that works whether you're hosting friends or unwinding after work. Two well-proportioned bedrooms offer flexibility.....keep the second as a guest room, carve out a dedicated home office, or set up a space that adapts as your needs change. In-unit laundry means you skip the laundromat and the shared basement routine entirely. It's one of those everyday conveniences that makes a real difference in how a home functions. Outside, a shared backyard provides space to grill or just get some fresh air....a genuine perk at this price point in the city. Street parking is reliably easy, so you won't waste time circling the block. The location puts you within reach of everything: quick access to I-90/94 and I-55 gets you downtown or to the suburbs in minutes. Public transit, shopping, and neighborhood amenities are all nearby. This is a no-pet, no-smoking unit. Available now for a tenant who will appreciate a well-kept home in a great neighborhood. Office Phone: (630) 820-6500 Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Source: Midwest Real Estate Data, LLC|MLS Listing No. 12757481
Address details
| Neighborhood | New City |
|---|---|
| Zip code | 60609 |
| Type | House for rent |
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in New City
2-bedroom apartments at 515 W 40th Pl #1 cost about 20% more than the average rent price for 2-bedroom apartments in New City.
Median rents as of Sep 12 2026.
New City
Chicago
| Month | Median Rent |
|---|---|
| September 2024 | $2,750 |
| October 2024 | $2,704 |
| November 2024 | $2,621 |
| December 2024 | $2,508 |
| January 2025 | $2,470 |
| February 2025 | $2,498 |
| March 2025 | $2,508 |
| April 2025 | $2,495 |
| May 2025 | $2,498 |
| June 2025 | $2,498 |
| July 2025 | $2,550 |
| August 2025 | $2,491 |
| September 2025 | $2,419 |
| October 2025 | $2,402 |
| November 2025 | $2,428 |
| December 2025 | $2,348 |
| January 2026 | $2,436 |
| February 2026 | $2,425 |
| March 2026 | $2,537 |
| April 2026 | $2,503 |
| May 2026 | $2,574 |
| June 2026 | $2,595 |
| July 2026 | $2,536 |
| August 2026 | $2,512 |
| September 2026 | $2,537 |
| Month | Median Rent |
|---|---|
| September 2024 | $1,295 |
| October 2024 | $1,443 |
| November 2024 | $1,452 |
| December 2024 | $1,368 |
| January 2025 | $1,350 |
| February 2025 | $1,331 |
| March 2025 | $1,336 |
| April 2025 | $1,299 |
| May 2025 | $1,296 |
| June 2025 | $1,287 |
| July 2025 | $1,277 |
| August 2025 | $1,224 |
| September 2025 | $1,205 |
| October 2025 | $1,278 |
| November 2025 | $1,189 |
| December 2025 | $1,197 |
| January 2026 | $1,196 |
| February 2026 | $1,238 |
| March 2026 | $1,225 |
| April 2026 | $1,295 |
| May 2026 | $1,307 |
| June 2026 | $1,295 |
| July 2026 | $1,295 |
| August 2026 | $1,277 |
| September 2026 | $1,250 |
Affordability calculator
Can I afford to live at 515 W 40th Pl #1?
Bedrooms
2 bedroomsRent-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
$60,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $60,000 annually to afford this 2-bedrooms monthly rent price of $1,500.
For more information on rent affordability, visit our rent calculator.
Schools near 515 W 40th Pl #1
Bronzeville Classical Elementary School
8 w root st
chicago, IL, 60609
K-6Public
A-
McClellan Elementary School
3527 s wallace st
chicago, IL, 60609
PK, K-8Public
C+
Bridgeport Child Development Center
3053 s normal ave
chicago, IL, 60616
PKPublic
Chicago Commons Paulo Freire Center
1653 west 43rd st
chicago, IL, 60609
PKPublic
Thomas Early Childhood Center
3625 s hoyne ave
chicago, IL, 60609
PKPublic
Advertisement
Internet available near 515 W 40th Pl #1
Neighborhood
New City | Chicago, IL
Getting around Chicago near 515 W 40th Pl #1
Walking
6/10
Some shops and stores are within a few minutes.
Driving
8/10
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 515 W 40th Pl #1, Chicago
Groceries
6/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
7/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
7/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
8/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
7/10
Wide variety of bars within a short drive, including some within walking distance
Compare similar properties nearby
The Blackwood
Our team has verified this companyHyde Park • 5200 S Blackstone Ave
1–2 Beds
$1,699–$2,370
- on-site laundry
- dogs and cats ok
- hardwood floor
Woodlawn Terrace
Our team has verified this companyKenwood • 4726 S Woodlawn Ave
1–2 Beds
$1,575–$1,825
- on-site laundry
- dogs and cats ok
- hardwood floor
Regents Park
Our team has verified this companyKenwood • 5035 S East End Ave
1–3 Beds
$1,850–$3,550
- on-site laundry
- dogs and cats ok
- hardwood floor
- on-site laundry
- dogs and cats ok
- hardwood floor
4027 W School St, Chicago, IL, 60641
Our team has verified this companyIrving Park • 4027 W School St
1 Bed
$1,400
- on-site laundry
- dogs and cats ok
- hardwood floor
846 W Montrose Ave #606, Chicago, IL, 60613
Our team has verified this companyUptown • 846 W Montrose Ave #606
1 Bed
$1,550
- on-site laundry
- dogs and cats ok
- hardwood floor
846 W Montrose Ave #503, Chicago, IL, 60613
Our team has verified this companyUptown • 846 W Montrose Ave #503
1 Bed
$1,500
- on-site laundry
- dogs and cats ok
- hardwood floor
2031 W 23rd St, Chicago, IL, 60608
Our team has verified this companyLower West Side • 2031 W 23rd St
2 Beds
$1,900
- on-site laundry
- dogs and cats ok
- hardwood floor
The Blackwood
Our team has verified this companyHyde Park • 5200 S Blackstone Ave
1–2 Beds
$1,699–$2,370
- on-site laundry
- dogs and cats ok
- hardwood floor
Woodlawn Terrace
Our team has verified this companyKenwood • 4726 S Woodlawn Ave
1–2 Beds
$1,575–$1,825
- on-site laundry
- dogs and cats ok
- hardwood floor
Regents Park
Our team has verified this companyKenwood • 5035 S East End Ave
1–3 Beds
$1,850–$3,550
- on-site laundry
- dogs and cats ok
- hardwood floor
- on-site laundry
- dogs and cats ok
- hardwood floor
4027 W School St, Chicago, IL, 60641
Our team has verified this companyIrving Park • 4027 W School St
1 Bed
$1,400
- on-site laundry
- dogs and cats ok
- hardwood floor
846 W Montrose Ave #606, Chicago, IL, 60613
Our team has verified this companyUptown • 846 W Montrose Ave #606
1 Bed
$1,550
- on-site laundry
- dogs and cats ok
- hardwood floor
846 W Montrose Ave #503, Chicago, IL, 60613
Our team has verified this companyUptown • 846 W Montrose Ave #503
1 Bed
$1,500
- on-site laundry
- dogs and cats ok
- hardwood floor
2031 W 23rd St, Chicago, IL, 60608
Our team has verified this companyLower West Side • 2031 W 23rd St
2 Beds
$1,900
- on-site laundry
- dogs and cats ok
- hardwood floor
Check availability
Apartments for rent in Chicago8869 listings
8869 listings
Cheap apartments in Chicago3,832 listings
3,832 listings
Low-income apartments in Chicago19 listings
19 listings
Luxury apartments in Chicago2,699 listings
2,699 listings
Short-term rentals in Chicago130 listings
130 listings
Houses for rent in Chicago414 listings
414 listings
Luxury houses in Chicago91 listings
91 listings
Rooms for rent in Chicago7 listings
7 listings
Furnished apartments in Chicago242 listings
242 listings
Pet-Friendly apartments in Chicago5121 listings
5121 listings
Furnished houses in Chicago20 listings
20 listings
Pet-Friendly houses in Chicago69 listings
69 listings
Studio apartment rentals in Chicago1508 listings
1508 listings
1 Bedroom apartment rentals in Chicago3097 listings
3097 listings
2 Bedroom apartment rentals in Chicago2922 listings
2922 listings
3 Bedroom apartment rentals in Chicago1342 listings
1342 listings
2 Bedroom house rentals in Chicago146 listings
146 listings
3 Bedroom house rentals in Chicago182 listings
182 listings
Berwyn apartments36 listings
36 listings
Blue Island apartments19 listings
19 listings
Cicero apartments34 listings
34 listings
Dolton apartments29 listings
29 listings
Forest Park apartments44 listings
44 listings
Oak Lawn apartments30 listings
30 listings
Oak Park apartments74 listings
74 listings
Riverdale apartments14 listings
14 listings
Riverside apartments12 listings
12 listings
Auburn Gresham apartments127 listings
127 listings
Grand Crossing apartments115 listings
115 listings
Advertisement