551 W ELM ST — Rent Intelligence for Old Town, Chicago

Old Town · Chicago, IL

Current rent range

$1,862 – $4,577 / mo

5 bedroom bands tracked · sampled from recent listings

Leave a review

★★★★★2.01 reviews

Verified reviews

551 W ELM ST

Chicago, IL

551 W ELM ST, Chicago, IL is a rental building in Old Town, Chicago. See every violation, 311 complaint, tenant review, and the LucidIQ score — before you sign a lease.

HPD violations0last 7 years · class A, B, C

Evictions filed0last 7 years

Tenant reviews12.0 ★ avg

Rent-stab units—no coverage

Building age—year unknown

311 complaints0last 7 years

01 / 09

Rental intelligence.

Neighborhood Median Rent

Old Town · March 2026

Studio

$2,190/mo

1 BR

$2,340/mo

2 BR

$2,640/mo

3 BR

$3,390/mo

4 BR

$3,980/mo

Compare this building's listings above against the neighborhood medians.

Seasonal Pattern

Best & worst months to sign a lease

Cheapest

May

Most expensive

December

JFMAMJJASOND

Potential savings: ~14% by timing your move to May.

Units Historic Rent 3 listings

Studio$1,4182 listings

1 Bed$1,8816 listings

2 Bed$2,1384 listings

Neighborhood Rent Range Old Town

Studio

$2,190

$1,833 – $2,146

1 Bed

$2,340

$2,621 – $3,274

2 Bed

$2,640

$4,125 – $4,315

3 Bed

$5,395

$5,395

4 Bed

$3,980

$3,383 – $4,577

Range (P25 – P75)MedianBased on recent listings in Old Town

01 / 09

Rental intelligence.

01b / 09

Rent trends.

Downtown Chicago

Quarterly market rent, 2014–2026 (latest = Q1 2026 forecast)

Asking rent

$3,087

current quarter

Effective rent

—

per bedroom only

YoY change

4.3%

asking, vs 1 yr ago

10-year change

27%

asking, since ~'16

Asking rent per bedroom type — switch tabs to see each with effective (concession-net) rent.

01b / 09

Rent trends.

02 / 09

Violations, 311, & more.

hpd · dob · 311 · acris
last 7 years

Violation & Complaint Trends

Monthly counts over the last 7 years · all data sources

Steady

HPDTop Violations

0 total

No violations
0

311Top Complaints

0 total

Pet Wellness Check Request
3
Rodent Baiting/Rat Complaint
2
Ridesharing Complaint
1
Cab Feedback
1

DOBTop Filings

4 total

DOB Violations
4

EvictionsEvictions

0 filed

Evictions filed
0

Recent records

Last 7 years

—NO RECORDS—
No HPD records on file in the last 7 years.

See all 0 HPD records

02 / 09

Violations, 311, & more.

03 / 09

What tenants actually say.

2.0 /5

★ ★ ★ ★ ★

1 reviews

5★

4★

3★

2★

100%

1★

Housekeeping is horrible. The interior hallways, corridors and exterior of the building is filthy. The elevators are always dirty and stinky. The rugs are dirty as well. The rugs are never cleaned or vacuumed. They are s…

negativeJul 2023

Anonymous

View all 1 reviews

03 / 09

What tenants actually say.

04 / 09

Building amenities.

Building Amenities

0 amenities

BUILDING

No amenities on file yet

04 / 09

Building amenities.

05 / 09

The landlord.

Owner not yet identified

No owner is currently linked to this building in public records. Ownership data is pulled from ACRIS deeds and HPD registrations.

buildings

—

avg score / 5

—

portfolio grade

nearby owned

Ownership timeline · this building

ACRIS deeds and regulatory filings

nowCurrent ownerOwner of record per HPD registration.

05 / 09

The landlord.

06 / 09

Location & daily life.

551 W ELM ST · Old Town · 41.903° N, -87.643° W

Walk

Transit

Bike

Estimated from nearby transit & amenity data

4 bus stops nearby6 min

The neighborhood

Old Town

Old Town is Chicago charm distilled — the Second City comedy club, cobblestoned streets near Wells, and a mix of historic row houses and newer condos. It bridges the energy of Lincoln Park with the polish of the Gold Coast.

2,143buildings tracked4.3avg LucidIQ$2,948median 1BR

42,904population$106kmedian income63%renters

CharmingComedy SceneHistoricWalkableLively

Explore Old Town

Browse all Chicago neighborhoods

06 / 09

Location & daily life.

07 / 09

History of the building.

construction · ownership · permits

1970198019902000201020202030

—

No building history on file

Major milestones (construction, ownership changes, permits) appear here once recorded.

Recent Activity

11 events

DOBMEDIUMFeb 5, 2026
DOB Violation — MAINTAIN OR REPAIR ELECT ELEVA
DOBMEDIUMFeb 5, 2026
DOB Violation — MAINTAIN OR REPAIR ELECT ELEVA
DOBMEDIUMFeb 5, 2026
DOB Violation — MAINTAIN OR REPAIR ELECT ELEVA
DOBMEDIUMFeb 5, 2026
DOB Violation — MAINTAIN OR REPAIR ELECT ELEVA
311MEDIUMFeb 17, 2025
Pet Wellness Check Request — No details available
311MEDIUMFeb 17, 2024
Pet Wellness Check Request — No details available
311MEDIUMJun 19, 2023
Rodent Baiting/Rat Complaint — No details available
311MEDIUMOct 2, 2022
Cab Feedback — No details available
311MEDIUMJul 9, 2022
Pet Wellness Check Request — No details available
311MEDIUMMay 18, 2022
Ridesharing Complaint — No details available

07 / 09

History of the building.

09 / 09

Frequently asked questions.

10 / 10

Chicago-specific insights.

Rent Comparison

Studio
This building: $1,862 – $2,519
10% aboveArea: $1,985
1 Bed
This building: $1,989 – $2,691
21% belowArea: $2,948
2 Bed
This building: $2,244 – $3,036
37% belowArea: $4,175
3 Bed
This building: $2,882 – $3,898
37% belowArea: $5,395
4+ Bed
This building: $3,383 – $4,577
—Area: —

Review Summary

1 reviews

2.0 / 5

Mixed feedbackBased on 1 reviews · avg 2.0 ★

MOST HELPFUL CRITICAL

"Housekeeping is horrible. The interior hallways, corridors and exterior of the building is filthy. The elevators are always dirty and stinky. The rugs are dirty…"

— Anonymous · Jul 2023

Read all 1 reviews →

Neighborhood Vibe

CharmingComedy SceneHistoricWalkableLively

Energy Score

Low EfficiencyENERGY STAR Score

Site EUI117.7 kBtu/ft²

GHG Emissions373.8 tCO₂e

2023 benchmarking data

Walkability & Transit

Limited transitTransit score · 4 nearby stops

Nearest TransitBus · 6 min walk

Nearby Stops4

Bus

Estimated from nearby transit stop data

Nearby Transit

BUS

Orleans & Oak37
0.3 mi6 min
Orleans & Locust37
0.4 mi8 min
Orleans & Locust37
0.4 mi8 min
Orleans & Chestnut37
0.4 mi8 min

Nearby Schools & Colleges

No schools within 0.8 mi on file.

At a glance

RLTO protectedNo

Similar Buildings

1479 N Clybourn Ave

1479 N Clybourn Ave, Chicago, IL, 60610

Chicago

View building

1336 N LAKE SHORE DR

1336 N LAKE SHORE DR, Chicago, IL 60610

Chicago

View building

48 E OAK ST

48 E OAK ST, Chicago, IL

Old Town

View building

08 / 09

551 W ELM ST — Rent Intelligence for Old Town, Chicago

551 W ELM ST

Rental intelligence.

Rental intelligence.

Rent trends.

Rent trends.

Violations, 311, & more.

Violations, 311, & more.

What tenants actually say.

What tenants actually say.

Building amenities.

Building amenities.

The landlord.

Owner not yet identified

The landlord.

Location & daily life.

Old Town

Location & daily life.

History of the building.

History of the building.

Frequently asked questions.

Chicago-specific insights.

Similar buildings nearby.

The landlord.

Owner not yet identified

What tenants actually say.

Building amenities.

History of the building.

Violations, 311, & more.

Rent trends.

Rental intelligence.

551 W ELM ST — Rent Intelligence for Old Town, Chicago

Location & daily life.

Old Town

1550 N LA SALLE DR

853 N Larrabee St