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516 Arlington Place stands out as a strong rental option with an 8.5 Zumper Expert Rating, supported by excellent scores for price, amenities, and location, plus a solid trustworthiness rating. Key pros include 47 photos and notable features like a private balcony, in-unit laundry, rooftop deck, storage lockers, central heat and air, and controlled building access, while it is also noted for fitness and wellness as well as pet friendliness.
Things you’ll love
Images AvailableOutdoor spaceGreat for
Wellness
Pet owners| Penthouse (802) | 4 bed | 3 bath | 1,400 sqft | $7,200 /mo | 1 unit available | Looking for the perfect blend of space, style, and city living? This bright 4-bedroom, 3-bath penthouse apartment in a beautiful, modern new building in the heart of Lincoln Park has it all — from high-end finishes and central heat & air to your own private balcony with plenty of natural light. Enjoy the convenience of in-unit laundry plus garage and storage options to keep life clutter-free. When the day winds down, head up to the rooftop deck for amazing views and a relaxing retreat. Pet lovers, rejoice! This pet-friendly spot welcomes your furry friends with a $300 deposit and $30/month pet rent per pet. Plus, you’re just minutes away from trendy dining, green spaces, and all the local perks that make Lincoln Park one of Chicago’s best neighborhoods. Utilities include a $100 water/sewer/trash fee; gas and electricity are paid by tenants. A $500 per-person admin fee applies. Ready to see more? Schedule an appointment today — let’s get you home! |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Balcony |
| Deck | Dryer |
| Quartz Countertops | Washer |
Appliances
| Garbage Disposal | In-Unit Laundry |
| Stainless Steel Appliances |
Building
| Cats OK | Dogs OK |
| Roof Deck |
Grounds
| Garage Parking |
Neighborhood
| Central |
One-time.
One-time. Refundable.
Garage Parking
Questions about this property’s policies and fees?
| Units | 14 |
|---|
Spacious 4 Bedroom, 3 Bathroom Apartments in Lincoln Park – 516 Arlington Place, Chicago, IL Welcome to 516 Arlington Place, a beautiful and modern new building featuring spacious 4 bedroom, 3 bathroom apartments designed for comfortable urban living. Located in the heart of Lincoln Park, one of Chicago's most sought-after neighborhoods, these homes offer central air conditioning, in-unit laundry, and pet-friendly policies to accommodate your lifestyle. Each unit boasts a large open floor plan with a private front balcony, maximizing natural light and space. Residents enjoy exclusive access to the expansive rooftop deck, equipped with a TV, fireplace, grills, and stunning panoramic views of the downtown Chicago skyline—ideal for entertaining and relaxing. Additional amenities include controlled building access for your security, garage parking, and storage lockers available for your convenience. Prime Location Highlights: -Just 0.7 miles to Lincoln Park Zoo and Conservatory, perfect for family outings and nature lovers -Approximately 1 mile to DePaul University and the lively Lincoln Park neighborhood with bars, restaurants, and boutique shopping -Less than 3 miles to downtown Chicago — easy and quick access to work and entertainment -Close proximity to public transit for seamless commuting Live where luxury meets convenience in one of Chicago’s premier neighborhoods. Schedule a tour today!
How 516 Arlington Place compares to other nearby properties.
Positives
Considerations
4-bedroom apartments at 516 Arlington Place cost about 19% more than the average rent price for 4-bedroom apartments in Lincoln Park.
| Month | Median Rent |
|---|---|
| September 2024 | $1,697 |
| 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 |
| January 2026 | $1,496 |
| February 2026 | $1,516 |
| March 2026 | $1,657 |
| April 2026 | $1,637 |
| May 2026 | $1,684 |
| June 2026 | $1,691 |
| July 2026 | $1,658 |
| August 2026 | $1,650 |
| September 2026 | $1,650 |
| Month | Median Rent |
|---|---|
| September 2024 | $1,550 |
| October 2024 | $1,502 |
| November 2024 | $1,495 |
| December 2024 | $1,497 |
| January 2025 | $1,525 |
| February 2025 | $1,550 |
| March 2025 | $1,595 |
| April 2025 | $1,646 |
| May 2025 | $1,662 |
| June 2025 | $1,691 |
| July 2025 | $1,645 |
| August 2025 | $1,576 |
| September 2025 | $1,621 |
| October 2025 | $1,646 |
| November 2025 | $1,670 |
| December 2025 | $1,680 |
| January 2026 | $1,686 |
| February 2026 | $1,704 |
| March 2026 | $1,742 |
| April 2026 | $1,743 |
| May 2026 | $1,808 |
| June 2026 | $1,847 |
| July 2026 | $1,832 |
| August 2026 | $1,747 |
| September 2026 | $1,750 |
Can I afford to live at 516 W Arlington Pl?
Bedrooms
4+ bedroomsRent-to-income ratio
30%
$288,000/yr
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$7,995–$11,482
South Loop • 1400 S Wabash Ave #3-3PH
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$7,126
Near West Side • 765 W Adams St
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$6,830
River North • 505 N State St #3-2-5
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$6,824
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