1 Day Ago
Highlights
Pet Friendly
- 24-hour fitness center
- Rooftop hot tub
- On-site parking
- Full-size washers and dryers (in-unit)
- Oversized tubs
- Billiards
Location
98 E Lake St, Chicago, IL 60601, USA|Loop
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Property Overview
Located at 98 E Lake St, this area is highly valued for its excellent amenities and accessibility, ranking in the 98.55 percentile for value for money. Residents can enjoy a vibrant social life with numerous theaters, restaurants, and event hubs, alongside ample green spaces and parks promoting an active lifestyle. Additionally, the property supports pet ownership with nearby facilities and emphasizes environmental sustainability through public transit options and walkability.
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
Less expensive- High school nearby
Great for
Pet owners
Amenities for 98 E Lake St, Loop
Apartment Amenities
| Carpet | Dryer |
| Forced Air | Freezer |
| Hardwood Floor |
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Microwave |
| Range/Oven | Refrigerator |
Building
| Cats OK | Controlled Building |
| Dogs OK | Fitness Center |
| Security Cameras |
Grounds
| Garage Parking | Swimming Pool |
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
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 98 E Lake St
Sweet deal!
This listing is 20% below the median price for 2 bedroom apartments in Loop.
Property Id: 2336475 Live in a piece of Chicago history! This Daniel Burnham-designed building which was once home to the Joffrey Ballet was converted to apartments in 2005, merging a bit of old world charm with modern apartment living. Then hit up the rooftop hot tub or movie theatre or hang on the SkyDeck for lounging, billiards or grilling. There’s even workstations if you need. Round all this off with a 24-hour fitness center, 24-hour door security and an on-site restaurant and bar and you’ve got lots to love. Enjoy elegant kitchens with granite, black Whirlpool appliances and cherry cabinets and ceramic tile in the kitchen and bath. Eco-friendly bamboo flooring, oversized tubs and vanities and full-size washers and dryers (in-unit) will make you feel right at home. Parking is available on-site at an additional charge. Cats and dogs are accepted throughout (dog breed and weight restrictions apply).
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 98 E Lake St compares to other nearby properties.
Positives
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- High school nearby
- There is a high school 0.3 mile away
Considerations
- Grow a garden indoors
- A balcony, backyard, or shared outdoor space isn't available
Address details
| Neighborhood | Loop |
|---|---|
| Zip code | 60601 |
| Type | Apartment for rent |
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Rent trends in Loop
2-bedroom apartments at 98 E Lake St cost about 20% less than the average rent price for 2-bedroom apartments in Chicago.
Median rents as of Jan 24 2026.
Loop
Chicago
| Month | Median Rent |
|---|---|
| February 2024 | $2,722 |
| March 2024 | $2,929 |
| April 2024 | $2,662 |
| May 2024 | $2,648 |
| June 2024 | $2,764 |
| July 2024 | $2,862 |
| August 2024 | $2,702 |
| September 2024 | $2,706 |
| October 2024 | $2,704 |
| November 2024 | $2,621 |
| December 2024 | $2,508 |
| January 2025 | $2,470 |
| February 2025 | $2,498 |
| March 2025 | $2,508 |
| April 2025 | $2,495 |
| May 2025 | $2,498 |
| June 2025 | $2,498 |
| July 2025 | $2,550 |
| August 2025 | $2,491 |
| September 2025 | $2,419 |
| October 2025 | $2,402 |
| November 2025 | $2,428 |
| December 2025 | $2,348 |
| January 2026 | $2,434 |
| Month | Median Rent |
|---|---|
| February 2024 | $3,315 |
| March 2024 | $5,421 |
| April 2024 | $4,048 |
| May 2024 | $3,409 |
| June 2024 | $3,700 |
| July 2024 | $6,031 |
| August 2024 | $4,001 |
| September 2024 | $4,001 |
| October 2024 | $3,794 |
| November 2024 | $3,700 |
| December 2024 | $3,218 |
| January 2025 | $3,327 |
| February 2025 | $3,409 |
| March 2025 | $3,444 |
| April 2025 | $3,502 |
| May 2025 | $3,636 |
| June 2025 | $3,712 |
| July 2025 | $3,848 |
| August 2025 | $3,753 |
| September 2025 | $3,711 |
| October 2025 | $3,620 |
| November 2025 | $3,516 |
| December 2025 | $3,555 |
| January 2026 | $3,626 |
Affordability calculator
Can I afford to live at 98 E Lake St?
Bedrooms
2 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
$117,600/yr
With your selected rent-to-income ratio, you'd ideally want to make $117,600 annually to afford this 2-bedrooms monthly rent price of $2,940.
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.| This month | $2,633 |
Schools near 98 E Lake St
Ruben Salazar Bilingual Center
160 w wendell st
chicago, IL, 60610
PK, K-8Public
C+
South Loop Elementary School
1212 s plymouth ct
chicago, IL, 60605
PK, K-8Public
B+
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 98 E Lake St
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 98 E Lake St
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
4/10
This area is accessible to thoroughfares and has ample 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 98 E Lake St, 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
9/10
At least one high school within a 5-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 98 E Lake St
Bockwinkel's
222 N Columbus Dr
Mariano's
333 E Benton Pl
North Loop Market
300 N State St
Bensidoun USA Inc
405 N Wabash Ave
Whole Foods Market
255 E Grand Ave
Zara
1 W Randolph St
Pig-Sty Apparel LLC
63 E Lake St
LOFT Outlet
51 E Randolph St
Facial Boutique
111 N Wabash Ave
Ross Dress For Less
26 E Randolph St
Starbucks
200 N Michigan Ave
Starbucks
225 N Michigan Ave
Starbucks
155 N Wabash Ave
Starbucks
200 E Randolph St
Dunkin'
233 N Michigan Ave
About Last Knife
168 N Michigan Ave
Venteux Brasserie, Cafe & Oyster Bar
224 N Michigan Ave
Amuse
City Winery at the Riverwalk
11 E Riverwalk South
Sweetwater Tavern & Grille
225 N Michigan Ave
Sugar Bliss Cake Boutique
122 N Wabash Ave
GNC
22 E Madison St
Magnolia Bakery-Chicago
108 N State St
Goddess and the Baker, 33 S Wabash-Millennium Park
33 S Wabash Ave
Einstein Bros Bagels
400 N Dearborn St
Herald Square Park
Lake Shore East Park
Ogden Plaza Park
River Esplanade
Pritzker Park
Millennium Tacos & Dogs
151 N Michigan Ave
Protein Bar & Kitchen
151 N Michigan Ave
Sbarro
151 N Michigan Ave
Cinnabon
163 N Michigan Ave
Nutella Cafe Chicago
189 N Michigan Ave
Michigan / Randolph
South Bolingbrook – East Loop Express, Plainfield-East Loop Express, North Bolingbrook – East Loop Express
Michigan / Randolph
Plainfield-East Loop Express, North Bolingbrook – East Loop Express
Michigan / Randolph
South Shore Express, Jackson Park Express, Chicago, Outer Dusable Lake Shore Express, Stockton / Michigan Express, King Drive, Sheridan, Streeterville / Taylor, Madison
Michigan / Lake / Randolph
Streeterville / Taylor, Chicago, Cottage Grove Express, Stockton / Michigan Express, Cottage Grove, Outer Dusable Lake Shore Express, South Shore Express, King Drive, Sheridan, Cottage Grove
AM Michigan / Randolph (Chicago)
Chicago Dash
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
Washington / Wabash
Orange Line, Green Line, Green Line, Brown Line, Purple Line, Pink Line
Lake
Red Line, Red Line
State / Lake
Pink Line, Purple Line, Green Line, Brown Line, Green Line, Orange Line
Washington
Blue Line, Blue Line
Monroe
Red Line, Red Line
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