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Best Chicago Properties apartments in Chicago, IL

Prices last verified

Best Chicago Properties

847 W Monroe St, Chicago, IL 60607, USA

5 (68 reviews) Official Website

Prices last verified ; availability may have changed since

41
Units Listed
$1,227
Starting at
$4,252
Average
$9,997
Highest
$3.33
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Little Italy rent trends

Beds

Pricing by Bedroom

Studio
$1,842
from $1,227 · 3 units
~628 sqft avg
1 Bed
$3,286
from $2,100 · 20 units
~975 sqft avg
2 Bed
$4,785
from $2,350 · 12 units
~1,509 sqft avg
3 Bed
$6,538
from $5,900 · 4 units
~1,770 sqft avg
4 Bed
$9,749
from $9,500 · 2 units
~2,582 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$5,800

$70K annual run rate

Modeled estimate

Est. Occupancy

5%

of about 44 units (modeled from leasing activity)

Effective Rent on New Leases

$2,900

vs $4,219 current asking ($1,319 negotiation gap)

Recent Lease Activity

44 units tracked; 2 assumed leased, 42 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

41

Very high availability

0 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Available Units

41 units

These prices were last verified on July 10, 2026. We have not been able to confirm current availability since, so some units may no longer be listed.

Studio
$1,227/mo
605 ft² · $2.03/ft² · #17
Down $4,773 since Jul 10 (was $6,000)
Studio
$1,800/mo
650 ft² · $2.77/ft² · #13
Down $2,970 since Jul 8 (was $4,770)
1 Bed
$2,100/mo
· #10
Down $400 since Jul 8 (was $2,500)
1 Bed
$2,200/mo
876 ft² · $2.51/ft² · #3
Down $2,100 since Jul 9 (was $4,300)
1 Bed
$2,250/mo
948 ft² · $2.37/ft² · #38
Down $950 since Jul 10 (was $3,200)
1 Bed
$2,300/mo
620 ft² · $3.71/ft² · #22
Down $800 since Jul 10 (was $3,100)
2 Bed
$2,350/mo
849 ft² · $2.77/ft² · #30
Down $4,150 since Jul 8 (was $6,500)
1 Bed
$2,400/mo
700 ft² · $3.43/ft² · #31
Down $100 since Jul 8 (was $2,500)
1 Bed
$2,450/mo
725 ft² · $3.38/ft² · #41
Down $4,050 since Jul 10 (was $6,500)
Studio
$2,500/mo
630 ft² · $3.97/ft² · #11
Down $7,497 since Jul 8 (was $9,997)

Train activity

Train activity nearby

Freight line 2,003 ft away

  • Trains pass infrequently
  • No road crossing within earshot. Horns unlikely.
  • Operator: XCTA

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Chicago, IL notes

No resident notes for this property yet.

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