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Lake Meadows Apartments apartments in Chicago, IL

Prices last verified

Lake Meadows Apartments

Prices last verified ; availability may have changed since

284
Units Listed
$1,015
Starting at
$1,602
Average
$2,505
Highest
$2.02
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Armour Square rent trends

Beds

Pricing by Bedroom

Studio
$1,080
from $1,015 · 4 units
~448 sqft avg
1 Bed
$1,363
from $1,075 · 132 units
~595 sqft avg
2 Bed
$1,728
from $1,515 · 115 units
~906 sqft avg
3 Bed
$2,186
from $1,995 · 33 units
~1,228 sqft avg

Rent Distribution

The final bar groups units at that price or more when the range is wide.

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Lines hold the last known price between updates. Diamond markers show changes in quote terms.

Timeframe

Property Price Trend

Estimated Building Revenue

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: observed data only.

Observed Lease Revenue

$2.0M/mo

from 1266 tracked leases; not enough coverage yet for a whole-building estimate

Effective Rent on New Leases

$1,613

vs $1,602 current asking

Recent Lease Activity

1550 units tracked; 1266 assumed leased, 284 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

284

Very high availability

63 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Price vs. Chicago, IL

Similar

Comparing this building against 3 similar Chicago, IL apartments by price. Click any bar to view that building.

See rent trends on the Chicago, IL map Explore Chicago, IL on the interactive map

Available Units

284 units

Select a unit to see its price history and link to the rental site.

These prices were last verified on October 1, 2026. We have not been able to confirm current availability since, so some units may no longer be listed.

Studio / 1 Bath Unit 7-1904
$1,015/mo
435 ft² · $2.33/ft²

Starting base rent

Available: Nov 28, 2026

1 Bed / 1 Bath Unit 1
$1,075/mo
466 ft² · $2.31/ft²

Available: Contact for availability

Studio / 1 Bath Unit 3
$1,075/mo
466 ft² · $2.31/ft²

Available: Contact for availability

Studio / 1 Bath Unit 61
$1,075/mo
425 ft² · $2.53/ft²

Available: Contact for availability

Studio / 1 Bath Unit 1-0705
$1,155/mo
466 ft² · $2.48/ft²

Starting base rent

Available: Nov 28, 2026

Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

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Train activity

Trains close by

Freight line 1,985 ft away · 186 trains/day

  • 99 daytime, 87 overnight
  • No road crossing within earshot. Horns unlikely.
  • Operator: NIRC

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Chicago, IL notes

No resident notes for this property yet.

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Armour Square Rent Trends

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