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5+ Days Ago

Location

500 West Madison Street, Chicago, IL 60661, USA|Near West Side

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Rent trends in Near West Side

2-bedroom apartments at 500 W Madison St #876 cost about 25% less than the average rent price for 2-bedroom apartments in Near West Side.

Median rents as of Dec 20 2025.
Near West Side
Chicago
A table of 2-bedroom apartment rental data trends in Chicago
MonthMedian Rent
January 2024$2,724
February 2024$2,722
March 2024$2,929
April 2024$2,662
May 2024$2,648
June 2024$2,764
July 2024$2,862
August 2024$2,702
September 2024$2,706
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$2,347
A table of 2-bedroom apartment rental data trends in Near West Side
MonthMedian Rent
January 2024$3,507
February 2024$3,890
March 2024$4,161
April 2024$3,685
May 2024$3,590
June 2024$3,623
July 2024$3,739
August 2024$3,690
September 2024$3,951
October 2024$3,647
November 2024$3,408
December 2024$3,318
January 2025$3,345
February 2025$3,464
March 2025$3,588
April 2025$3,700
May 2025$3,800
June 2025$3,728
July 2025$3,733
August 2025$3,640
September 2025$3,534
October 2025$3,528
November 2025$3,464
December 2025$3,406

Schools near 500 W Madison St #876

Skinner Elementary School

111 s throop st

chicago, IL, 60607

PK, K-8Public
A-

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
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Neighborhood

Near West 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 500 West Madison Street

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.

Transit

10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 500 West Madison Street, Chicago

Groceries

10/10
Several grocery stores nearby

Shopping

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

Cafes

10/10
Variety of cafés right on the street

Restaurants

10/10
Variety of restaurants right on the street

Primary schools

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

High schools

7/10
At least one high school within a 20-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

10/10
Variety of bars right on the street

Explore the area around 500 West Madison Street

Hometown Food Company
500 W Madison St
Suarez Market
131 N Clinton St
Getir
625 W Adams St
Whole Foods Market
1 N Halsted St
Canal Market
300 N Canal St

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