Comptroveby RentSpire

Chestnut Tower Chicago

121 W Chestnut St, Chicago, IL, 60610

Market rate 121 units (unit count basis: listing-reported) Hazard/risk read: not observed

Asking & effective rent by bedroom

Average asking rent across observed units: $3,498. Average effective rent: $3,498.

TypeAsking rentEffective rentAvg sqftObservations
Studio$2,237$2,2375402
1 bedroom$3,100$3,1007988
2 bedroom$4,186$4,1861,1333
3 bedroom$7,143$7,1431,9201

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://chestnuttowerchicago.com/floorplans/1bedroom/a2/ — 6 observation(s), last observed Aug 7, 2026.

Sourced from https://chestnuttowerchicago.com/floorplans/ — 8 observation(s), last observed Aug 5, 2026.

Data age: 10 days. Last observed: Aug 7, 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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