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Updated 43 minutes ago

510 W Erie St Unit 701


Chicago, IL

2 Bed
2 Bath

1,330 Sq. Ft.

Available starting Oct. 1st
Studio • 1 Bath
$1,695
560 ft2
0 Available
Managed By: Durante & Rich Real Estate
510 W Erie Street Unit #1207
$1,695
Rented
View
2 Beds • 2 Bath
$4,800
1330 ft2
1 Available
Managed By: avail
Stunning River & City Views, 2BD/2BA in River North!
$4,800
Available Oct 1st, 2024
View
2 Beds • 2 Bath
$4,800
1330 ft2
1 Available
Managed By: NRS Rental Property
Stunning River & City Views, 2BD/2BA in River North!
$4,800
Available: Ask
View
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
93
Walker's Paradise
Transit Score®
90
Rider's Paradise
Bike Score®
89
Very Bikeable
Fees & leasing info
Pets
Dogs Ok
Lease & Fees
Security Deposit: $4,800.00
Property details
Description

BRIGHT 2BR/2BA + DEN/OFFICE! Lots of sunlight and stunning views of the River and City throughout! Features hardwood floors, modern kitchen with new appliances and custom murphy bed in the second bedroom. Amenities including: 24 hr door-person and new fitness center. Utilities included: basic cable/wifi, water, sewage and trash. Electricity paid by tenant. Tandem Garage parking available (2SPACES) for additional fee. Pets welcome for $300 non refundable pet fee, 60lb weight limit. Restaurants, coffee shops, parks and artistic venues just steps away. 12-24 month lease. RIR 3.0/650+ Credit score. Fees: $50/person to apply, $350 COA move in fee, and 1 month
refundable security deposit.Note: 48 HOUR NOTICE REQUIRED TO SHOW, UNIT IS TENANT OCCUPIED! Video and Facetime options available for showings. Rent to Income Ratio = x3.0 minimum credit score 650. Contact licensed Real Estate Agent Jennifer Gullang with NRS Rental Property.Equal Opportunity Housing. No Agency Disclosure: NRS Rental Property has previously entered into an agreement with property owner(client) to provide certain property management and/or real estate brokerage services to the property owner. This Licensed Real Estate Agent will not be acting as your
agent, but as the agent of the property owner.

Additional Details
Total Unit Count: 1
Last Updated: Updated 43 minutes ago
Contact Number: (312) 670-0440
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Radiate Holdings, LP 1000.0 20.0
Comcast Corporation 987.0 35.0
Radiate Holdings, LP 500.0 20.0
Lynx Communications 200.0 50.0
Alphabet Inc. 100.0 100.0
Data from June 2020 provided by the FCC
Photos Floor Plans
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.
Schools
Data provided by GreatSchools
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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 510 W Erie St Unit 701 by bedroom type below.
2 Bedroom
Suggested income:
$172,800
per year
Rent report

510 W Erie St Unit 701 Rent vs. Chicago Average

 510 W Erie St Unit 701      Chicago Average
2BR
$4,800
$2,492
$0
$1,600
$3,200
$4,800
$6,400

510 W Erie St Unit 701 is asking 93% more than the average 2 bedroom apartment in Chicago.

If you upsized to an average priced Chicago 3 bedroom apartment, you would pay 18% more per month.

If you downsized to an average priced Chicago 1 bedroom apartment, you would pay 25% less per month.

510 W Erie St Unit 701 provides 35% more square footage than the average Chicago 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
510 W Erie St Unit 701
2BR $4,800 $3.60 $14,400
Chicago Average
Studio $1,588 $3.40 $4,764
1BR $1,987 $2.90 $5,960
2BR $2,492 $2.50 $7,476
3BR $3,051 $2.30 $9,153
4BR $3,253 $2.00 $9,759

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 4,198 1BR units on the market in Chicago. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
21% 38% 29% 10% 2%
Available Units in Chicago
Studio 2,273
1BR 4,198
2BR 3,218
3BR 1,159
4BR 201
Location
Nearby Colleges
Campus Buildings and Attractions
Distance Walking Biking Driving
Harold Washington Library 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
Ann & Robert H Lurie Children's Hospital Of Chicago 1.05 mi.
Northwestern Memorial Hospital 1.07 mi.
Rehabilitation Institute Of Chicago 1.22 mi.
Nearby Fire Stations
Name Distance
Leyden Fire Protection District 0.39 mi.
Franklin Grove Fire Protection District 0.39 mi.
Franklin Park Fire Department 0.39 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?
This property has 1 unit available for move-in on October 01, 2024.
What's the square footage of the available units?
It's 1,330 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep dogs.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
510 W Erie St Unit 701 has a 2 bedroom unit starting at $4,800.
Where is this property located?
This property is at 510 W Erie St Unit 701 in Chicago, IL. It's 3.8 miles south from the center of Chicago.
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