This Chicago neighborhood puts apartment renters amidst a bunch of newly constructed apartment towers and condo buildings. The local shops and businesses of Old Town are celebrated for their eclectic character and the annual art festival draws interest from all over the city. Discover 3 bedroom apartments in Chicago's Old Town neighborhood. This bustling neighborhood is situated just south of Lincoln Park and north of downtown Chicago, making it a very approachable place to rent an apartment for people who want to feel close to the action but not quite directly in it. All the same, Old Town offers apartment renters a plethora of activities to do around the neighborhood, many of which are just a short walk from most apartments in Old Town. For starters, there's the expansive lakefront and some of the most popular beaches in Chicago are located close to Old Town. The Second City is a legendary comedy and performing arts institution that calls Old Town home, and everything from restaurants to gyms and grocery stores can be found within a short drive or walking distance from apartments in Old Town.