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This property features an open layout with modern finishes, including quartz countertops and stainless steel appliances, complemented by large windows that allow for abundant natural light. Its prime location supports an active lifestyle with numerous restaurants, cultural venues, and parks within walking distance. Additionally, the property offers favorable amenities, such as public transit access and health facilities, while maintaining a competitive value per square foot in the vicinity.
Things you’ll love
More spaceMiddle school nearbyImages AvailableGreat for
Wellness
Eco living
Social lifeApartment Amenities
| Central Air | Electric Heating |
| High Ceilings | Walk-in Closet |
Appliances
| Dishwasher | In-Unit Laundry |
Building
| Exterior Type: Brick | Exterior Type: Cement Siding |
Grounds
| Assigned Parking | Garage Parking |
Other
| Architecture Style: Contemporary | Seven Rooms |
One-time.
One-time. Refundable.
Assigned Parking
Questions about this property’s policies and fees?
Apartments in IndianapolisDowntown Indianapolis 727 N Illinois St #101, Indianapolis, IN 46204, USAProperty Status: Active Experience downtown living in this beautiful 2nd-floor condo at 727 N Illinois St! This spacious unit offers an open layout with tall ceilings, large windows, and modern finishes throughout. The kitchen includes stainless steel appliances, quartz countertops, and ample cabinet space. The primary suite features a walk-in closet and private bath. Enjoy secure building access, dedicated parking, and low-maintenance living. Located in the heart of Indianapolis, you'll be just steps from Mass Ave, Monument Circle, shopping, dining, and entertainment. Perfect for anyone looking to enjoy the convenience and energy of city life! Office Phone: (317) 882-5900 Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
How 727 N Illinois St, Indianapolis, IN 46204, USA compares to other nearby properties.
Positives
| Neighborhood | Downtown Indianapolis |
|---|---|
| Zip code | 46204 |
| Type | Condo for rent |
2-bedroom apartments at 727 N Illinois St #101 cost about 17% more than the average rent price for 2-bedroom apartments in Indianapolis.
| Month | Median Rent |
|---|---|
| February 2024 | $1,234 |
| March 2024 | $1,311 |
| April 2024 | $1,305 |
| May 2024 | $1,349 |
| June 2024 | $1,338 |
| July 2024 | $1,380 |
| August 2024 | $1,377 |
| September 2024 | $1,384 |
| October 2024 | $1,394 |
| November 2024 | $1,392 |
| December 2024 | $1,378 |
| January 2025 | $1,389 |
| February 2025 | $1,389 |
| March 2025 | $1,333 |
| April 2025 | $1,312 |
| May 2025 | $1,322 |
| June 2025 | $1,312 |
| July 2025 | $1,298 |
| August 2025 | $1,290 |
| September 2025 | $1,266 |
| October 2025 | $1,275 |
| November 2025 | $1,275 |
| December 2025 | $1,256 |
| January 2026 | $1,245 |
| Month | Median Rent |
|---|---|
| February 2024 | $2,017 |
| March 2024 | $2,054 |
| April 2024 | $2,122 |
| May 2024 | $2,091 |
| June 2024 | $2,167 |
| July 2024 | $2,161 |
| August 2024 | $2,189 |
| September 2024 | $2,127 |
| October 2024 | $1,937 |
| November 2024 | $1,949 |
| December 2024 | $1,967 |
| January 2025 | $1,936 |
| February 2025 | $1,972 |
| March 2025 | $2,202 |
| April 2025 | $2,487 |
| May 2025 | $2,429 |
| June 2025 | $2,353 |
| July 2025 | $2,390 |
| August 2025 | $2,335 |
| September 2025 | $2,329 |
| October 2025 | $2,298 |
| November 2025 | $2,237 |
| December 2025 | $2,096 |
| January 2026 | $2,086 |
Can I afford to live at 727 N Illinois St #101?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$100,000/yr
| Bath | |||||
|---|---|---|---|---|---|
| 6 months ago | $2,900 | 2 bed | 2 bath | ||
| 1 year ago | $2,495 | 2 bed | 2.5 bath | ||
| 1 year ago | $2,695 | 2 bed | 2.5 bath | ||
| 5 years ago | $3,000 | 2 bed | 2.5 bath |
3330 n pennsylvania
indianapolis, IN, 46205
2020 dawson st
indianapolis, IN, 46203
9501 e 36th st
indianapolis, IN, 46236
Occupied
2 Beds
2.5 Baths
$2,500
In-Unit Laundry • Balcony • Dishwasher
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Downtown Indianapolis • 421 N Pennsylvania St
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$1,890–$3,129
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Martindale - Brightwood • 3200 Dr Andrew J Brown Ave
2 Beds
$1,799–$2,000
Castleton • 8850 River Bend Pkwy
2 Beds
$1,609–$1,851
Downtown Indianapolis • 421 N Pennsylvania St
1–2 Beds
$1,890–$3,129
I65-South Emerson • 6810 Valley Ridge Dr
1–3 Beds
$1,000–$4,904
Near Westside • 460 N White River Pkwy West Dr
2 Beds
$1,793
