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The Residences at NEWCITY apartments in Chicago, IL

Updated

The Residences at NEWCITY

1457 N Halsted St, Chicago, IL 60642, USA

Live pricing, refreshed

9
Units Listed
$2,771
Starting at
$3,654
Average
$4,995
Highest
$4.26
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Chicago 60642 rent trends

Beds

Pricing by Bedroom

1 Bed
$3,487
from $2,771 · 8 units
~824 sqft avg
2 Bed
$4,995
from $4,995 · 1 units
~1,130 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (2)

Last 15 days

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

$649K

$7.8M annual run rate

Est. Occupancy

95%

of about 199 units (reported building size)

Effective Rent on New Leases

$3,417

vs $3,654 current asking ($237 negotiation gap)

Recent Lease Activity

47 units tracked; 38 assumed leased, 9 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

9

Moderate availability

6 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Available Units

9 units
1 Bed / 1 Bath Studio A
$2,771/mo
590 ft² · $4.70/ft² · #0802
1 Bed / 1 Bath 1 Bedroom A Plus
$3,135/mo
800 ft² · $3.92/ft² · #0710
Up $100 since Jun 28 (was $3,035)
1 Bed / 1 Bath 1 Bedroom A Plus
$3,385/mo
800 ft² · $4.23/ft² · #0905
Up $100 since Aug 16 (was $3,285)
1 Bed / 1 Bath 1 Bedroom A
$3,450/mo
800 ft² · $4.31/ft² · #1111
Up $100 since Jun 28 (was $3,350)
1 Bed / 1 Bath 1 Bedroom A
$3,460/mo
800 ft² · $4.33/ft² · #1411
1 Bed / 1 Bath 1 Bedroom w/Den B Plus
$3,884/mo
935 ft² · $4.15/ft² · #0612
Up $100 since Jun 28 (was $3,784)
1 Bed / 1 Bath 1 Bedroom w/Den B
$3,894/mo
935 ft² · $4.16/ft² · #1003
Up $241 since Jul 15 (was $3,653)
1 Bed / 1 Bath 1 Bedroom w/Den B
$3,914/mo
935 ft² · $4.19/ft² · #1603
2 Bed / 2 Bath 2 Bedroom B
$4,995/mo
1,130 ft² · $4.42/ft² · #1502
Up $100 since Aug 16 (was $4,895)

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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