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Updated 4 hours ago

166 W Grand Ave


Chicago, IL

2 Bed
2 Bath

1,200 Sq. Ft.
2 Beds • 2 Bath
$2,700
1200 ft2
1 Available
Managed By: Locayt
-
$2,700
Available: Ask
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Additional Details
Total Unit Count: 1
Last Updated: Updated 4 hours ago
Contact Number: (424) 677-0333
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Comcast Corporation 987.0 35.0
Radiate Holdings, LP 500.0 20.0
ViaSat, Inc. 35.0 3.0
Hughes Network Systems, LLC 25.0 3.0
AT&T Inc. 18.0 0.768
Data from June 2020 provided by the FCC
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Neighborhood
River North
Experience the Magnificent Mile & Michigan Avenue in Chicago’s River North

Chicago was incorporated in 1837 on waterways--for trading--and was re-built in 1871 after the Chicago Fire. The area known today as River North contained warehouses, shipping facilities, railroad tracks, worker’s housing, factories and forges. Because of the number of factories--and the smoke they produced--the area was referred to as Smokey Hollow. When the port was closed the area fell into disrepair as the warehouses and factories vacated and residents moved to the suburbs. From the 1920s through the 1960s it was almost deserted and became known as a red-light district. As artists began to reclaim the large vacated buildings for relatively little money, they turned the old warehouses and factories into galleries, studios, offices and apartments. Real estate developer Albert Friedman coined the name River North to help the area lose its reputation as a derelict district.

River North now has the largest concentration of art galleries outside of Manhattan and a revitalized entertainment industry. It is also home to international corporations such as ConAgra, Groupon and Motorola. The eastern border is Michigan Avenue; the northern edge is Chicago Avenue and the Chicago River is on the south and west perimeters.
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 166 W Grand Ave by bedroom type below.
2 Bedroom
Suggested income:
$97,200
per year
Rent report

166 W Grand Ave Rent vs. Chicago Average

 166 W Grand Ave      Chicago Average
2BR
$2,700
$2,509
$0
$900
$1,800
$2,700
$3,600

166 W Grand Ave is asking 8% more than the average 2 bedroom apartment in Chicago.

If you upsized to an average priced Chicago 3 bedroom apartment, you would pay 17% more per month.

If you downsized to an average priced Chicago 1 bedroom apartment, you would pay 23% less per month.

166 W Grand Ave provides 22% more square footage than the average Chicago 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
166 W Grand Ave
2BR $2,700 $2.30 $8,100
Chicago Average
Studio $1,594 $3.40 $4,782
1BR $2,034 $2.90 $6,101
2BR $2,509 $2.50 $7,527
3BR $3,033 $2.40 $9,100
4BR $3,527 $2.20 $10,580

Availability in Chicago

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 3,861 1BR units on the market in Chicago. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
22% 36% 30% 9% 2%
Available Units in Chicago
Studio 2,359
1BR 3,861
2BR 3,241
3BR 1,008
4BR 213
Location
Nearby Colleges
Campus Buildings and Attractions
Distance Walking Biking Driving
Harold Washington Library Center 1.3 mi 26 min 8 min 2 min
Fitness Center 1.6 mi 30 min 9 min 3 min
Columbia College Library 1.7 mi 33 min 11 min 3 min
(Future) Student Center 1.8 mi 34 min 10 min 3 min
Student Center East 1.9 mi 38 min 11 min 3 min
Nearby Hospitals
Name Distance
Northwestern Memorial Hospital 0.68 mi.
Ann & Robert H Lurie Children's Hospital Of Chicago 0.7 mi.
Rehabilitation Institute Of Chicago 0.83 mi.
Nearby Fire Stations
Name Distance
Leyden Fire Protection District 0.11 mi.
Franklin Grove Fire Protection District 0.11 mi.
Franklin Park Fire Department 0.11 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
There are no units with move-in dates in the next 2 months.
What's the square footage of the available units?
It's 1,200 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
Where is this property located?
This property is at 166 W Grand Ave in Chicago, IL. It's 4.1 miles southeast from the center of Chicago.
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