Comptroveby RentSpire

500 West Belmont

Chicago, IL, 60657

Market rate 800 units (unit count basis: listing-reported) Built 2026 Hazard/risk read: not observed

Asking & effective rent by bedroom

Average asking rent across observed units: $1,289. Average effective rent: $1,289.

TypeAsking rentEffective rentAvg sqftObservations
Studio$1,409$1,409not observed5
1 bedroom$2,028$2,028not observed2

HUD Fair Market Rent gap

HUD area: Chicago-Joliet-Naperville, IL HUD Metro FMR Area.

FMR comparison not observed for this property.

Amenities

No amenities observed for this property.

Operator

not observed

Nearby comparable properties

Comparable apartments with rent data within 3 miles, ranked by the same similarity model used in the product.

No nearby comparables with rent data were found within 3 miles.

Sources & provenance

Sourced from https://www.domu.com/chicago/north-side/lakeview/500-west-belmont — 9 observation(s), last observed Aug 11, 2026.

Data age: 7 days. Last observed: Aug 11, 2026.

Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent. Income-restricted product is never presented as a market-rate comparable — program type above reflects the governed affordability classification, not free-text asset labels.

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