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949 W Madison #402

Chicago, IL 60607 - Cook County

Condo

2 beds

2 baths

1,300 sqft

Cats & dogs OK

In-unit laundry

About 949 W Madison #402

Huge West Loop Condo located in the heart of everything that the area has to offer. The unit boasts hardwood flooring throughout, washer and dryer in-unit, large kitchen perfect for cooking and entertaining, and two large bedrooms. The master bedroom has two walk-in closets with a private full bath. The second bedroom is a corner with amazing natural light. The second bath is also a full bathroom.

Walk to the best West Loop restaurants, Walgreens, Mariano's, Whole Foods, and a myriad of shopping options. Walk to the park or take advantage of public transportation with the #20 bus a 20 second walk from the lobby and the Morgan stop for the pink and green lines a few minutes farter.

Parking is also available. The unit will be ready for move-in in late December or January 1.

8 days on RentalSource

RentalSource last checked: 23 hours ago · Listing updated: November 8, 2026

Listed by Dave Gelfand · (312) 702-5000

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	Condo
Rental Fee:	$3,700
Bedrooms:	2 beds
Bathrooms:	2 baths
Size:	1,300 sqft

Pets:	Cats & dogs
Laundry:	In unit
Parking:	Yes
Available:	Inquire
ID:	84693785

Amenities

Washer/Dryer In Unit
Parking
Dishwasher
Garbage Disposal
Gas Range
Hardwood Floors
Microwave
Public Transportation
Refrigerator
Walk-in Closets

Leasing Information

1 1/2 year lease ideal.

Additional Details

This 2-bedroom, 2-bathroom condo at 949 W Madison #402 in Chicago, IL 60607 rents for $3,700 a month. It has 1,300 square feet and is pet friendly. 949 W Madison #402 was advertised by Dave Gelfand on November 4, 2026.

How the Rent Compares

At $3,700 a month, this condo is well above the typical rent for 2-bedroom apartments and condos in Chicago (about $2,480).

From 2,084 two-bedroom apartments and condos listed in Chicago on RentalSource in November 2026: the scale holds eight in ten of them, and the shaded band the middle half.

$2,480Typical rent for 2-bedroom apartments and condos in Chicago

$1,800–$3,500Middle half of their rents

32 daysAverage time they have been listed

See 2+ bedroom rentals in Chicago

Affordability Calculator

Can I afford to live at 949 W Madison #402?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$148,000 /year

With your chosen rent-to-income ratio, an annual income of $148,000 is recommended to comfortably afford this 2-bedroom rental priced at $3,700 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Commute

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