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The Residences at NEWCITY apartments in Chicago, IL

Updated

The Residences at NEWCITY

1457 N Halsted St, Chicago, IL 60642

Live pricing, refreshed

7
Units Listed
$3,135
Starting at
$3,605
Average
$4,895
Highest
$4.30
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Chicago, IL rent trends

Beds

Pricing by Bedroom

1 Bed
$3,390
from $3,135 · 6 units
~790 sqft avg
2 Bed
$4,895
from $4,895 · 1 units
~1,130 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Window

Property Price Trend

Units with Price Changes (13)

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: stated by the property itself
  • 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: high (building size is reported).

Est. Monthly Revenue

$667K

$8.0M annual run rate

Est. Occupancy

97%

of about 199 units (reported building size)

Effective Rent on New Leases

$3,474

vs $3,605 current asking ($131 negotiation gap)

Recent Lease Activity

40 units tracked; 33 assumed leased, 7 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

7

Moderate availability

5 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Price vs. Chicago, IL

Citywide

Showing citywide comparison (not enough Chicago, IL properties tagged with "Chicago 60642" for a local match). Click any bar to view that building.

Available Units

7 units
1 Bed / 1 Bath 1 Bedroom A Plus
$3,135/mo
800 ft² · $3.92/ft\u00B2 · #0710
1 Bed / 1 Bath One Bedroom D Plus
$3,135/mo
735 ft² · $4.27/ft\u00B2 · #1406
1 Bed / 1 Bath One Bedroom D Plus
$3,310/mo
735 ft² · $4.50/ft\u00B2 · #1806
1 Bed / 1 Bath One Bedroom D Plus
$3,425/mo
735 ft² · $4.66/ft\u00B2 · #1506
1 Bed / 1 Bath 1 Bedroom A
$3,450/mo
800 ft² · $4.31/ft\u00B2 · #1111
1 Bed / 1 Bath 1 Bedroom w/Den B Plus
$3,884/mo
935 ft² · $4.15/ft\u00B2 · #0612
2 Bed / 2 Bath 2 Bedroom B
$4,895/mo
1,130 ft² · $4.33/ft\u00B2 · #1502

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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