1 Day Ago
Highlights
Pet Friendly
Location
240 E Wacker Dr, Chicago, IL 60601, USA|Loop
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Property Overview
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
Elementary school nearby- Less expensive
- Images Available
Great for
Eco living
Wellness
Pet owners
Amenities for 240 E Wacker Dr, Loop
Apartment Amenities
| Air Conditioning | Carpet |
| Freezer | Hardwood Floor |
Appliances
| Dishwasher | Microwave |
| Range/Oven | Refrigerator |
Tech
| Cable Ready | Wired For Internet |
Building
| Cats OK | Controlled Building |
| Dogs OK | EV Charging |
| Fitness Center | Onsite Laundry |
| Residents Lounge | Security Cameras |
| Wall |
Grounds
| Assigned Parking | Outdoor Space |
| Storage |
Neighborhood
| Near Parks |
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
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 |
|---|
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About 240 E Wacker Dr
Sweet deal!
This listing is 22% below the median price for studio apartments in Loop.
Property Id: 2285201 Live in the heart of Lakeshore East with unbeatable walkability and transit access. Enjoy 10-minute walks to all CTA lines, the Millennium Park Metra, Lake Shore Drive, and direct indoor access to the Loop via the Pedway. Steps from the Chicago Riverwalk, Lakefront Trail, and Michigan Ave, you'll always have something to do. At home, unwind in the rooftop sunroom, grill in the BBQ/picnic area, or hit the fitness center. Internet lounge, bike storage, and 24/7 door staff included. Apartments feature floor-to-ceiling windows, spacious layouts, and ample closet space. Select homes offer updated kitchens with hardwood cabinetry and plank flooring. On-site laundry available. Pet-friendly and on-site parking available.
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 240 E Wacker Dr compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 1 mile away
- Less expensive
- Studio units are cheaper than other similar listings nearby
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
Address details
| Neighborhood | Loop |
|---|---|
| Zip code | 60601 |
| Type | Condo for rent |
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Rent trends in Loop
studio apartments at 240 E Wacker Dr cost about 22% less than the average rent price for studio apartments in Chicago.
Median rents as of Dec 20 2025.
Loop
Chicago
| Month | Median Rent |
|---|---|
| January 2024 | $1,595 |
| February 2024 | $1,627 |
| March 2024 | $1,926 |
| April 2024 | $1,745 |
| May 2024 | $1,751 |
| June 2024 | $1,764 |
| July 2024 | $1,931 |
| August 2024 | $1,691 |
| September 2024 | $1,682 |
| October 2024 | $1,630 |
| November 2024 | $1,568 |
| December 2024 | $1,501 |
| January 2025 | $1,483 |
| February 2025 | $1,495 |
| March 2025 | $1,520 |
| April 2025 | $1,512 |
| May 2025 | $1,502 |
| June 2025 | $1,531 |
| July 2025 | $1,580 |
| August 2025 | $1,516 |
| September 2025 | $1,473 |
| October 2025 | $1,495 |
| November 2025 | $1,520 |
| December 2025 | $1,495 |
| Month | Median Rent |
|---|---|
| January 2024 | $1,926 |
| February 2024 | $1,928 |
| March 2024 | $2,511 |
| April 2024 | $2,200 |
| May 2024 | $1,987 |
| June 2024 | $2,079 |
| July 2024 | $2,594 |
| August 2024 | $2,463 |
| September 2024 | $2,515 |
| October 2024 | $2,341 |
| November 2024 | $2,238 |
| December 2024 | $1,938 |
| January 2025 | $1,954 |
| February 2025 | $1,989 |
| March 2025 | $2,042 |
| April 2025 | $2,107 |
| May 2025 | $2,162 |
| June 2025 | $2,195 |
| July 2025 | $2,212 |
| August 2025 | $2,210 |
| September 2025 | $2,216 |
| October 2025 | $2,186 |
| November 2025 | $2,145 |
| December 2025 | $2,229 |
Affordability calculator
Can I afford to live at 240 E Wacker Dr?
Bedrooms
StudioRent-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
$70,600/yr
With your selected rent-to-income ratio, you'd ideally want to make $70,600 annually to afford this studio monthly rent price of $1,765.
For more information on rent affordability, visit our rent calculator.
Schools near 240 E Wacker Dr
William B Ogden Elementary School
24 w walton st
chicago, IL, 60610
PK, K-8Public
B-
Ruben Salazar Bilingual Center
160 w wendell st
chicago, IL, 60610
PK, K-8Public
C+
Skinner North Elementary School
640 w scott st
chicago, IL, 60610
K-8Public
A-
Kellman Corporate Community Elementary School
3030 w arthington st
chicago, IL, 60612
PK, K-8Public
C-
Thomas Early Childhood Center
3625 s hoyne ave
chicago, IL, 60609
PKPublic
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Internet available near 240 E Wacker Dr
Neighborhood
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 240 E Wacker Dr
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
7/10
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 240 E Wacker Dr, Chicago
Groceries
10/10
At least one supermarket within a 5-minute walk
Shopping
10/10
Exceptional variety of shops within a few minutes’ walk
Cafes
10/10
Exceptional variety of cafés within a few minutes’ walk
Restaurants
10/10
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
7/10
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
10/10
Exceptional variety of bars right within a few minutes’ walk
Explore the area around 240 E Wacker Dr
Bockwinkel's
222 N Columbus Dr
Mariano's
333 E Benton Pl
Whole Foods Market
255 E Grand Ave
Bensidoun USA Inc
405 N Wabash Ave
Bockwinkel's
320 E Ohio St
Tom James
233 N Michigan Ave
Selene's Boutique
340 E North Water St
My E Fashion
401 N Michigan Ave
Goodsinners LLC
200 E Illinois St
Coach
444 N Michigan Ave
Dunkin'
303 E Wacker Dr
Dunkin'
233 N Michigan Ave
Espressamente Illy
455 N Cityfront Plaza Dr
Starbucks
333 N Michigan Ave
Starbucks
225 N Michigan Ave
American Craft Kitchen & Bar
151 E Wacker Dr
BIG Bar
151 E Wacker Dr
Amuse
323 E Wacker Dr
The Palm
323 E Wacker Dr
Chi Bar
301 E North Water St
Molly's Cupcakes
419 E Illinois St
Goddess and the Baker, 44 E Grand
44 E Grand Ave
Sugar Bliss Cake Boutique
122 N Wabash Ave
WEST TOWN BAKERY-River North
15 E Ohio St
Einstein Bros Bagels
400 N Dearborn St
Ogden Plaza Park
Lake Shore East Park
River Esplanade
Herald Square Park
Dusable Park
Dunkin'
303 E Wacker Dr
Island Party Hut
355 E Riverwalk
American Craft Kitchen & Bar
151 E Wacker Dr
BIG Bar
151 E Wacker Dr
Market Chicago
151 E Wacker Dr
Wacker (Upper) / Columbus
Cottage Grove Express, Sheridan / Lasalle Express, Clarendon / Lasalle Express, Stockton / Lasalle Express, Cottage Grove, Cottage Grove
Wacker (Upper) / Columbus
Stockton / Lasalle Express, Clarendon / Lasalle Express, Jackson Park Express, Madison, Sheridan / Lasalle Express
Columbus (Mid) / E. Wacker
Navy Pier
Columbus (Mid) / E. Wacker
Navy Pier
Columbus (Upper) / South Water
Jackson Park Express, Jackson Park Express
Millennium Station
Metra Electric, South Shore Line, South Shore Line
Van Buren St.
South Shore Line, South Shore Line, Metra Electric
LaSalle Street
Rock Island
Chicago OTC
Union Pacific North, Union Pacific Northwest, Union Pacific West
Chicago Union Station
Burlington Northern, Heritage Corridor, Milwaukee North, Milwaukee West, North Central Service, Southwest Service
State / Lake
Pink Line, Purple Line, Green Line, Brown Line, Green Line, Orange Line
Lake
Red Line, Red Line
Washington / Wabash
Orange Line, Green Line, Green Line, Brown Line, Purple Line, Pink Line
Grand
Red Line, Red Line
Clark / Lake
Green Line, Pink Line, Blue Line, Brown Line, Green Line, Orange Line, Blue Line, Purple Line
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