Apartment for rent

Pet friendly

Updated 11 Hours Ago

1240 S Indiana Ave
1240 S Indiana Ave, Chicago, IL 60605, USA

Monthly rent	$2,427Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Beds	1
Baths	1
Sqft	–

Monthly rent	$2,427Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Beds	1
Baths	1
Sqft	–

Updated 11 Hours Ago

Highlights

Pet Friendly

Sundeck
Floor-to-ceiling windows
Basketball courts
Modern finishes
State-of-the-art fitness center
Sleek cabinetry

Location

1240 S Indiana Ave, Chicago, IL 60605, USA|South Loop

Tour 1240 S Indiana Ave

Contact

Mark Brown

TurboTenant

(773) 294-3464

Amenities for 1240 S Indiana Ave, South Loop

Apartment Amenities

Dryer	Forced Air
Freezer	Hardwood Floor

Appliances

Dishwasher	Garbage Disposal
In-Unit Laundry	Microwave
Range/Oven	Refrigerator

Building

Cats OK	Dogs OK
Fitness Center	Residents Lounge
Roof Deck

Grounds

Garage Parking	Outdoor Space
Swimming Pool

Neighborhood

Street

Other

Designated Space

Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

Building details

Property details

Lease terms	12+ months

About 1240 S Indiana Ave

Home

Apartments in Chicago

South Loop

1240 S Indiana Ave, Chicago, IL 60605, USA

Property Id: RC78R77F This one-bedroom, one-bathroom apartment in Chicago’s South Loop features floor-to-ceiling windows, plank flooring, and modern finishes throughout. The open-concept kitchen includes sleek cabinetry, premium appliances, and contemporary countertops, opening directly into a bright living area with impressive city views. This apartment offers access to an incredible collection of luxury amenities, including a state-of-the-art fitness center, indoor and outdoor swimming pools, basketball and racquetball courts, a sundeck, and multiple resident lounges. The building is pet-friendly with restrictions, and garage parking is available for an additional fee. Located directly across from Grant Park, this apartment offers convenient access to Buckingham Fountain, the lakefront, walking and biking trails, restaurants, shopping, and public transportation.

Property highlights

How 1240 S Indiana Ave, Chicago, IL 60605, USA compares to other nearby properties.

Positives

Car charging: Dedicated charging spot
Covered parking: Garage, covered, or indoor parking is available at this address
Eco-friendly trash disposal: This address has recycling pickup
Elevator: Improved accessibility features
Extra Storage: In-unit features
Fitness center: A gym just a few steps away
Images available: There are at least 10 photos of this address
Laundry available on site: Washers and dryers are available in-building
Outdoor space: One or more rentals here have easy access to the outdoors
Package service: More secure storage for delivery
Pool: Pool access available at this location
Walk-in closet: Rentals here may include more closet space than average

Address details

Neighborhood	South Loop
Zip code	60605
Type	Apartment for rent

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Rent trends in South Loop

1-bedroom apartments at 1240 S Indiana Ave cost about 3% less than the average rent price for 1-bedroom apartments in Chicago.

Median rents as of Nov 7 2026.

South Loop

Chicago

A table of 1-bedroom apartment rental data trends in Chicago
Month	Median Rent
November 2024	$2,074
December 2024	$1,961
January 2025	$1,932
February 2025	$1,991
March 2025	$2,036
April 2025	$2,050
May 2025	$2,040
June 2025	$2,012
July 2025	$2,172
August 2025	$2,064
September 2025	$1,986
October 2025	$1,940
November 2025	$1,952
December 2025	$1,950
January 2026	$1,997
February 2026	$2,041
March 2026	$2,232
April 2026	$2,219
May 2026	$2,257
June 2026	$2,198
July 2026	$2,192
August 2026	$2,189
September 2026	$2,195
October 2026	$2,304
November 2026	$2,320

A table of 1-bedroom apartment rental data trends in South Loop
Month	Median Rent
November 2024	$2,260
December 2024	$2,207
January 2025	$2,194
February 2025	$2,212
March 2025	$2,236
April 2025	$2,288
May 2025	$2,380
June 2025	$2,364
July 2025	$2,507
August 2025	$2,429
September 2025	$2,383
October 2025	$2,321
November 2025	$2,200
December 2025	$2,232
January 2026	$2,273
February 2026	$2,324
March 2026	$2,393
April 2026	$2,427
May 2026	$2,430
June 2026	$2,453
July 2026	$2,434
August 2026	$2,401
September 2026	$2,382
October 2026	$2,476
November 2026	$2,497

Affordability calculator

Can I afford to live at 1240 S Indiana Ave?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.

The general rule of thumb is to spend around 30% or less of your income on rent.

Recommended income

$97,080/yr

With your selected rent-to-income ratio, you'd ideally want to make $97,080 annually to afford this 1-bedroom monthly rent price of $2,427.

For more information on rent affordability, visit our rent calculator.

Check availability

Rent history

Check out the past listing prices for monthly rent at 1240 S Indiana Ave, Chicago, IL.
				Bath
	2 years ago	$2,476	1 bed	1 bath
	2 years ago	$3,499	2 bed	2 bath
	2 years ago	$1,935	Studio	1 bath
	2 years ago	$6,383	3 bed	2 bath
Studio, 1 Bath	2 years ago	$1,935	Studio	1 bath
3 Beds, 2 Baths	2 years ago	$6,383	3 bed	2 bath
2 Beds, 2 Baths	2 years ago	$3,499	2 bed	2 bath
1 Bed, 1 Bath	2 years ago	$2,476	1 bed	1 bath

Schools near 1240 S Indiana Ave

Neighborhood

South Loop | Chicago, IL

NEIGHBORHOOD VIBE

Lively and energetic

You’ll be in the heart of the action in this bustling and vibrant area with plenty of shopping, nightlife, and culture.

Getting around Chicago near 1240 S Indiana Ave

Walking

10/10

No car? No problem. Everything you need is within a few blocks.

Driving

6/10

This area is close to freeways and has adequate parking options.

Cycling

9/10

Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

10/10

Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 1240 S Indiana Ave, Chicago

Groceries

9/10

At least one supermarket within a 5-minute walk

Shopping

9/10

Exceptional variety of shops within a few minutes’ walk

Cafes

8/10

Wide variety of cafés within a few minutes’ walk

Restaurants

9/10

Exceptional variety of restaurants within a few minutes’ walk

Primary schools

7/10

At least one elementary school within a 15-minute walk

High schools

6/10

At least one high school within a 15-minute walk

Parks

10/10

Exceptionally large amount of park space within a few minutes’ walk

Nightlife

8/10

Wide variety of bars within a few minutes' walk

Explore the area around 1240 S Indiana Ave

Sky Grocer

1259 S Michigan Ave

Trader Joe's

1147 S Wabash Ave

Alfa Foods

1300 S Wabash Ave

Jewel-Osco

1224 S Wabash Ave

Lakeview Market Inc

1118 S Michigan Ave

A'neie's Accents & Accessories

1237 S Michigan Ave

Advance Uniform Inc

33 E 13th St

The Dapper Club

1132 S Wabash Ave

H&M

150 W Roosevelt Rd

Target

1154 S Clark St

Dunkin'

1231 S Wabash Ave

Overflow Coffee Bar

1312 S Wabash Ave

Overflow Coffee

1449 S Michigan Ave

Dunkin'

22 E Roosevelt Rd

Stan's Donuts

26 E Roosevelt Rd

AO Hawaiian Hideout

1315 S Wabash Ave

Victory Tap

1416 S Michigan Ave

Insta Bar

1400 S Lake Shore Dr

Weather Mark Tavern

1503 S Michigan Ave

Honey Berry Pancakes & Cafe

901 S State St

Sweet Bean

1152 S Wabash Ave

Molly's Cupcake

1150 S Wabash Ave

Tea Pot Brew Bakery

1802 S Wabash Ave

Murray's Cheese

1615 S Clark St

Mr Poppa Gourmet Popcorn

800 S Wells St

Daniel Webster Park

Garden

Park

Little Branch Cafe

1251 S Prairie Ave

Nepal House

1301 S Michigan Ave

Jimmy John's

1250 S Michigan Ave

Subway

1212 S Michigan Ave

Decadent Chicago

1355 S Michigan Ave

Indiana / 13th Street

Roosevelt

Michigan / 13th Street

Roosevelt, Cottage Grove, King Drive, Bronzeville / Union Station

Roosevelt / Michigan / Indiana

Roosevelt, Inner Lake Shore / Michigan Express, Museum Campus

Indiana / 14th Street

Roosevelt

Michigan / 13th Street

Cottage Grove, King Drive, Bronzeville / Union Station

Museum Campus / 11th St.

Lakeshore Corridor, Monon Corridor

Museum Campus / 11th St.

Metra Electric

18th St.

Metra Electric

Van Buren St.

Metra Electric

Van Buren St.

Lakeshore Corridor, Monon Corridor

Roosevelt

Red Line, Orange Line, Green Line

Harrison

Red Line

Harold Washington Library-State / Van Buren

Brown Line, Orange Line, Pink Line, Purple Line

LaSalle

Blue Line

Jackson (Red)

Red Line

Other units at this address

1240 S Indiana Ave, Chicago, IL

1240 S Indiana Ave Chicago, IL

Occupied

2710

Studio

1 Bath

482 sqft

$1,935

Dishwasher • Air Conditioning • Balcony • On-Site Laundry • In-Unit Laundry • Walk-In Closets

Listed by David Roeder

Days on market: 1021

NEMA's smart-home-ready Signature Residences range from studios to three-bedroom technologically advanced apartments, each presenting the perfect canvas for personalized comfort. Select residences feature oversized private balconies and outdoor terraces for those much-needed city moments of calm and fresh air. Praised as an “Instant Landmark” by the Chicago Tribune architectural critic, NEMA was envisioned by Rafael Viñoly to complement Chicago’s revered pantheon of American high-rises. Designed by the renowned Rockwell Group, NEMA's interiors are sustainably-crafted and locally inspired. The city’s tallest rental residence, NEMA rises to 76 stories above Grant Park and boasts unprecedented views of South Loop, Downtown Chicago, Lake Michigan, and the Park. NEMA Chicago has been recognized with the “Best Tall Building | 200-299 Meters” 2021 Award of Excellence as well as the “Best Tall Building | Americas” 2021 Audience Award by the Council of Tall Buildings and Urban Habitat Contact us here for a quick reply and to schedule a tour today! Leasing by Rentlife LLC, DBA RentLife **SPECIALS: SIGNATURE RESIDENCES: 1/2 Month Free on ALL Studios, 1 Month Free on ALL 1-Bedrooms and 2-Bedrooms. Additionally, receive 1.5 Months on ALL 3-Bedrooms on a 12-Month Lease OR 2 Months on a 15-Month Lease. $400 Admin Fee Credited Back. SKYLINE RESIDENCES: Receive 6 Months Free Reserved Parking (Org. $500/Mo) Plus, 1 Month Free on ALL 2-Bedrooms, 1.5 Months on ALL 3-Bedrooms on a 12-Month Lease OR 2 Months on a 15-Month. $1,000 Admin Free Credited Back. T&C Apply!!** Everything you need is already home. The city’s smartest residence, NEMA Chicago is a 76-story architectural icon located on Grant Park, designed by Rafael Vinoly and David Rockwell, and boasting unprecedented lake, park, and city views. NEMA’s 70,000-square-foot collection of amenities is complemented by tech-powered service and bespoke lifestyle programming, offering a full calendar of exclusive resident events and 12+ weekly fitness classes. Smart-home-ready residences, ranging from studios to four-bedrooms, present the perfect canvas for personalized comfort and feature expansive floor-to-ceiling windows; many apartments also come with large balconies and terraces for those priceless city moments of calm and fresh air. NEMA’s coveted location at the Michigan Ave and Roosevelt Rd corner of Grant Park means Chicago's "Front Yard" serves as residents’ ultimate playground. Schedule a virtual or in-person tour today and find out what makes NEMA a Home Made Better. NEMA Chicago is an apartment community located in Cook County and the 60605 ZIP Code. This area is served by the City Of Chicago School District 299 attendance zone. *1210 S Indiana Ave, Chicago, IL 60605* Contact us here for a quick reply and to schedule a tour today! Leasing by Rentlife LLC, DBA RentLife