4 Days Ago
Location
1550 S Indiana Ave #510, Chicago, IL 60605, USA|South Loop
Tour 1550 S Indiana Ave #510
Contact
Devin Grant-Keane
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Property Overview
1550 S Indiana Ave #510 offers a well-rounded mix of practical advantages and standout features in a convenient Chicago location. Its appeal comes from strong everyday livability, desirable amenities, and details that add both comfort and value.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Middle school nearby- More space
- Central heat
Great for
Eco living
Social life
Work-from-home
Amenities for 1550 S Indiana Ave #510, South Loop
Features
| Air Conditioning | Balcony |
| Central Heat | Hardwood Floor |
| Utilities Included |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Elevator |
Grounds
| Assigned Parking | Garage Parking |
Services
| Private Elevator |
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
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Assigned Parking
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 1550 S Indiana Ave #510
Amazing 3 bedroom, 2 bathroom condo in Chicago. Amenities included: balcony, central air, central heat, dishwasher, hardwood floors, stainless steel appliance, updated kitchen, washer dryer, and private elevator. Utilities included: cable, internet and water. Is not pet friendly. Date Available: Aug 1st 2026. $4,100/month rent. $4,100 security deposit required. Please submit the form on this page or contact Devin Grant-Keane at 607-229-4142 to learn more. This property is managed by a responsible landlord.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1550 S Indiana Ave, Chicago, IL 60605, USA compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.4 mile away
- More space
- The 3-bedroom is 50 sqft larger than other listings nearby
- Central heat
- This address offers a climate controlled environment
- Elevator
- Improved accessibility features
- Images available
- There are at least 10 photos of this address
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
- Pet restrictions
- Pets aren't allowed at this location.
Address details
| Neighborhood | South Loop |
|---|---|
| Zip code | 60605 |
| Type | Condo for rent |
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Rent trends in South Loop
3-bedroom apartments at 1550 S Indiana Ave #510 cost about 7% less than the average rent price for 3-bedroom apartments in Chicago.
Median rents as of Jun 20 2026.
South Loop
Chicago
| Month | Median Rent |
|---|---|
| July 2024 | $3,286 |
| August 2024 | $3,019 |
| September 2024 | $3,002 |
| October 2024 | $2,997 |
| November 2024 | $2,921 |
| December 2024 | $2,891 |
| January 2025 | $2,880 |
| February 2025 | $2,917 |
| March 2025 | $2,888 |
| April 2025 | $2,911 |
| May 2025 | $2,944 |
| June 2025 | $2,961 |
| July 2025 | $2,986 |
| August 2025 | $2,854 |
| September 2025 | $2,699 |
| October 2025 | $2,650 |
| November 2025 | $2,839 |
| December 2025 | $2,640 |
| January 2026 | $2,649 |
| February 2026 | $2,751 |
| March 2026 | $2,932 |
| April 2026 | $2,985 |
| May 2026 | $3,000 |
| June 2026 | $3,025 |
| Month | Median Rent |
|---|---|
| July 2024 | $4,597 |
| August 2024 | $4,249 |
| September 2024 | $4,431 |
| October 2024 | $4,758 |
| November 2024 | $4,732 |
| December 2024 | $4,500 |
| January 2025 | $4,659 |
| February 2025 | $4,770 |
| March 2025 | $4,863 |
| April 2025 | $4,626 |
| May 2025 | $4,994 |
| June 2025 | $4,608 |
| July 2025 | $5,288 |
| August 2025 | $4,393 |
| September 2025 | $4,898 |
| October 2025 | $4,695 |
| November 2025 | $4,525 |
| December 2025 | $4,288 |
| January 2026 | $4,401 |
| February 2026 | $4,500 |
| March 2026 | $4,500 |
| April 2026 | $4,272 |
| May 2026 | $4,351 |
| June 2026 | $4,403 |
Affordability calculator
Can I afford to live at 1550 S Indiana Ave #510?
Bedrooms
3 bedroomsRent-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
$164,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $164,000 annually to afford this 3-bedrooms monthly rent price of $4,100.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 11 months ago | $2,200 | 1 bed | 1 bath | ||
| 1 year ago | $2,200 | 1 bed | 1 bath | ||
| 1 year ago | $2,200 | 1 bed | 1 bath | ||
| 1 year ago | $2,750 | 2 bed | 2 bath | ||
| 2 years ago | $2,500 | 2 bed | 1.5 bath | ||
| 3 years ago | $2,275 | 1 bed | 1 bath | ||
| 3 years ago | $2,350 | 1 bed | 1 bath | ||
| 3 years ago | $3,800 | 3 bed | 2 bath | ||
| 3 years ago | $3,500 | 3 bed | 2 bath |
Schools near 1550 S Indiana Ave #510
South Loop Elementary School
1212 s plymouth ct
chicago, IL, 60605
PK, K-8Public
B+
Bridgeport Child Development Center
3053 s normal ave
chicago, IL, 60616
PKPublic
Chicago Commons Guadalupano Family Center
1814 s paulina ave
chicago, IL, 60608
PKPublic
Rudolph Elementary Learning Center
1628 w washington blvd
chicago, IL, 60612
PK, K-7Public
C+
Bronzeville Classical Elementary School
8 w root st
chicago, IL, 60609
K-6Public
A-
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Internet available near 1550 S Indiana Ave #510
Getting around Chicago near 1550 S Indiana Ave #510
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 1550 S Indiana Ave #510, Chicago
Groceries
9/10
At least one supermarket within a 5-minute walk
Shopping
8/10
Wide variety of shops within a few minutes' walk
Cafes
8/10
Several cafés within a few minutes’ walk
Restaurants
9/10
Exceptional variety of restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
6/10
At least one high school within a 15-minute walk
Parks
9/10
Very large amount of park space within a few minutes' walk
Nightlife
8/10
Several bars within a few minutes’ walk
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1550 S Indiana Ave, Chicago, IL
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