1550 S Indiana Ave 60605 60605-Penthouse Lofts-unit#510-Chicago-IL
$4,100
/MO

3 Bedroom Apartment for Rent, South Loop

1550 S Indiana Ave #510, Chicago, IL, 60605

Penthouse Lofts
3 Beds
2 Baths

At a Glance

  • Parking Available
  • Air Conditioning
  • In-unit Laundry
Square Footage:
1,550 sq. ft.
Application Fee:
$50
Date Available:
8/1/26
Lease Term:
12 months
,  
12+ months
Move-in Fee:
$250
Security Deposit:
$4,100

Neighborhood Info:
South Loop

Unique Features

The standout feature is a private in-unit elevator — it opens directly into the apartment, so there's no shared hallway to navigate. Beyond that, this is a true loft: exposed brick walls, soaring ceilings, and big windows that flood every room with natural light. A private balcony with lake views rounds it out — a rare combination for South Loop.

Interior Highlights

Beyond the private elevator, the kitchen was recently renovated with brand-new appliances — perfect for anyone who actually cooks. In-unit laundry means no shared machines or trips to a laundromat. Combined with the exposed brick and abundant light, the interior feels more like a polished, private residence than a typical rental.

Best Things About the Building

This is a beautifully maintained historic building tucked into one of the quietest blocks in South Loop. It has real character you won't find in newer construction, and the neighbors are genuinely friendly — the kind of building where people actually say hello in the hallway.

Best Things About the Neighborhood

The neighborhood is quiet and friendly, a nice contrast to the busier parts of South Loop. Several parks are within easy walking distance, great for morning runs, evening walks, or just unwinding outside. It has a relaxed, residential feel while still being close to everything the city offers. It's very easy and accessible to UChicago/Hyde Park as well as Downtown/Loop, Pilsen and West Loop.

Why It's Worthy of Calling Home

It's the rare apartment that feels personal rather than generic — a private elevator ride home, brick walls with real history, light pouring in all day, and a balcony view of the lake to unwind with. Add a quiet, friendly building and walkable parks, and you get a home that feels calm and distinctly your own, not just a place to sleep.

Policies

Parking

Yes. 1 indoor garage parking space included

Apartment Features & Amenities

Balcony, Deck, or Patio
Central Air Conditioning
Central Heat
Dishwasher
Double Vanity
Fireplace
Granite / Quartz Countertops
Hardwood Floors
Microwave
Refrigerator
Stainless Steel Appliances
Stove
Walk-in Closet
Washer/Dryer: In-Unit
Window Coverings

Building Features & Amenities

Dry Cleaners On-Site
Elevator
Secured Entry

Located in South Loop

Museums mingle with posh apartments.
A rapidly developing area south of downtown with excellent museum access, including the Adler Planetarium. Popular for stargazing, wedding photo ops, and park hopping. Housing rentals include converted lofts, new luxury high-rises, and historic Prairie Avenue mansions turned into apartments.
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