5+ Days Ago
Highlights
- Prime location
- Thriving neighborhood
- 3d tour
Location
3101 W Cermak Rd, Chicago, IL 60623, USA|South Lawndale
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Property Overview
Albany Plaza LLC is highly rated with a 7.1 out of 10 overall score from Zumper, highlighting its appeal to renters. The property features impressive amenities and an excellent location, both garnering ratings of 9 out of 10, ensuring residents enjoy convenience and quality. Additionally, it demonstrates transparency and trustworthiness with an 8 out of 10 rating, while also ranking in the 100th percentile for value per square foot compared to nearby listings.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Elementary school nearby
- Middle school nearby
Floor plans
| 0BR/2.0BA | Studio | 2 bath | 3,510 sqft | $7,700 /mo | 1 unit available | PRIME LOCATION! This property at 3101-05 W Cermak Road holds a prime corner position at the bustling intersection of Cermak and Albany. The corner's dual access points offer unrivaled visibility and convenience for customers, while its historical significance as a bank adds prestige. With ample on-site parking and a thriving neighborhood, this space promises a dynamic setting for your business to thrive. Don't miss out on this rare opportunity to establish your venture at the heart of the vibrant Little Village community. $26.32/ sq. ft. $7,700/mo. gross See our 3D Tour; https real vision 3101-west-cermak-road Please email us to schedule a showing: **** |
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Amenities for Albany Plaza LLC
Apartment Amenities
| Air Conditioning | Water |
Building
| HVAC |
Grounds
| Parking Lot |
Services
| Snow Removal |
Other
| Common Area Maintenance |
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
Building details
Property details
| Units | 4 |
|---|
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About Albany Plaza LLC
PRIME LOCATION! This property at 3101-05 W Cermak Road holds a prime corner position at the bustling intersection of Cermak and Albany. The corner's dual access points offer unrivaled visibility and convenience for customers, while its historical significance as a bank adds prestige. With ample on-site parking and a thriving neighborhood, this space promises a dynamic setting for your business to thrive. Don't miss out on this rare opportunity to establish your venture at the heart of the vibrant Little Village community. $26.32/ sq. ft. $7,700/mo. gross See our 3D Tour; https real vision 3101-west-cermak-road Please email us to schedule a showing: ****
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.1
/10
Very GoodAlbany Plaza LLC is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Price, but it offers a satisfying, above-average quality of life.
Price·5A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Monthly rent at Albany Plaza LLC is significantly more expensive than other properties in local neighborhoods. Because of the risk associated with the significant cost difference, this building received a 5/10. Some might think the increased cost is justified by the amenities, but it's worth taking a thorough look for yourself and deciding if any premium benefits are worth the extra expense.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Albany Plaza LLC goes above and beyond to provide sought-after conveniences and desirable perks, including common area maintenance. Renters looking for popular or luxurious features will find them here—and for that reason, Albany Plaza LLC receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Albany Plaza LLC is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Albany Plaza LLC does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
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 Albany Plaza LLC compares to other nearby properties.
Positives
- More space
- Studio is 1755 sqft larger than other listings nearby
- Elementary school nearby
- There is an elementary school 0.1 mile away
- Middle school nearby
- There is a middle school 0.5 mile away
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in South Lawndale
studio apartments at Albany Plaza LLC cost about 600% more than the average rent price for studio apartments in South Lawndale.
Median rents as of Dec 6 2025.
South Lawndale
Chicago
| Month | Median Rent |
|---|---|
| December 2023 | $1,587 |
| 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 |
|---|---|
| April 2024 | $1,025 |
| March 2025 | $850 |
| April 2025 | $1,100 |
| May 2025 | $1,100 |
Affordability calculator
Can I afford to live at 3101 W Cermak Rd?
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
$308,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $308,000 annually to afford this studio monthly rent price of $7,700.
For more information on rent affordability, visit our rent calculator.
Schools near Albany Plaza LLC
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
Plato Learning Academy Elementary School
5545 w harrison st
chicago, IL, 60644
K-8Public
C-
Christopher Elementary School
5042 s artesian ave
chicago, IL, 60632
K-8Public
C
Talman Elementary School
5450 s talman ave
chicago, IL, 60632
PK, K-8Public
B-
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Internet available near Albany Plaza LLC
Getting around Chicago near 3101 W Cermak Rd
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
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 3101 W Cermak Rd, Chicago
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
7/10
Variety of shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
7/10
Variety of restaurants within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Parks
10/10
Very large amount of park space within a few minutes' walk
Nightlife
3/10
Few or no bars within walking distance
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