Compared to median rents in 60603, Loop
Based on HUD Fair Market Rent estimates for this ZIP code
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Disposition: COMPLIED
14 questions answered
Based on recent listing data, rent for a studio at 7 W MADISON ST, Chicago, IL ranges from $1,862 to $2,519 per month, with a median of $2,190.
Based on recent listing data, rent for a 1-bedroom at 7 W MADISON ST, Chicago, IL ranges from $1,989 to $2,691 per month, with a median of $2,340.
Based on recent listing data, rent for a 2-bedroom at 7 W MADISON ST, Chicago, IL ranges from $2,244 to $3,036 per month, with a median of $2,640.
Based on recent listing data, rent for a 3-bedroom at 7 W MADISON ST, Chicago, IL ranges from $2,882 to $3,898 per month, with a median of $3,390.
Based on recent listing data, rent for a 4-bedroom at 7 W MADISON ST, Chicago, IL ranges from $3,383 to $4,577 per month, with a median of $3,980.
Based on available records, 7 W MADISON ST, Chicago, IL is not currently registered as rent stabilized. Rents at this building are likely set at market rate.
The registered owner of 7 W MADISON ST, Chicago, IL is SCHOOL ART INSTUTE. You can view their full portfolio of buildings on Lucid Rents.
7 W MADISON ST, Chicago, IL, owned by SCHOOL ART INSTUTE, has an overall grade of A (4.2/5) on Lucid Rents. The building has 16 recorded violations. Check tenant reviews for firsthand experiences.
7 W MADISON ST, Chicago, IL has an overall grade of A with a score of 4.2 out of 5 on Lucid Rents. This score is based on violations, complaints, and tenant reviews.
Yes, 7 W MADISON ST, Chicago, IL has 16 housing violations and 45 complaints on record. Visit the building page on Lucid Rents to see the full history, including violation classes and complaint types.
7 W MADISON ST, Chicago, IL has 13 building permits on record. Recent permit types include: PERMIT – EXPRESS PERMIT PROGRAM, PERMIT - RENOVATION/ALTERATION, PERMIT - EASY PERMIT PROCESS. Building permits can indicate ongoing construction or renovation work.
Yes, 7 W MADISON ST, Chicago, IL has 18 Department of Buildings violations on record. These can include issues related to construction safety, building codes, and structural concerns.
7 W MADISON ST, Chicago, IL has 3 transit options nearby. The closest include: bus: Michigan & 16th Street (X4, 3, 4, 12), 1.5 mi away.
The 60603 zip code where 7 W MADISON ST, Chicago, IL is located has 4,964 crime incidents on record. Check the neighborhood report card for 60603 for a full breakdown by crime type.
Latest data: February 2026. This building has not been actively listed recently.
Studio
$2,263/mo
1BR
$2,490/mo
2BR
$3,329/mo
4BR+
$5,672/mo
Potential savings: ~76% by timing your move