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Highlights
Rent Special
Pet Friendly
Location
63 E Lake St, Chicago, IL 60601, USA|Loop
Tour MDA Apartments
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Management
Village Green Companies
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Property Overview
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
Less expensive- More space
- Elevator
Floor plans
| S8N - Modern | Studio | 1 bath | 390 sqft | $1,605 /mo | 2 units available | ||
| S2N - Modern | Studio | 1 bath | 350 sqft | $1,875 /mo | 1 unit available | ||
| S10 - Historic | Studio | 1 bath | 495 sqft | $1,875–$1,925 /mo | 2 units available | ||
| S3N - Modern | Studio | 1 bath | 365 sqft | $1,915 /mo | 1 unit available | ||
| V3M - Modern | Studio | 1 bath | 580 sqft | $2,025 /mo | 1 unit available | ||
| S13 - Historic | Studio | 1 bath | 525 sqft | $2,065–$2,090 /mo | 2 units available | ||
| V1 - Historic | Studio | 1 bath | 570 sqft | $2,090–$2,130 /mo | 2 units available | ||
| A2M - Modern | 1 bed | 1 bath | 669 sqft | $2,460–$2,480 /mo | 2 units available | ||
| B1 - Historic | 2 bed | 1 bath | 760 sqft | $2,480 /mo | 1 unit available |
Amenities for MDA Apartments
Apartment Amenities
| 24 Hour Emergency Maintenance Services | Air Conditioning |
| Balcony | Carpet |
| Digital Thermostat | Elevator Access |
| Fireplace | Granite Countertops |
| Under Cabinet Lighting | Walk-in Closet |
Appliances
| Air Conditioning / Heating | Garbage Disposal |
| Gooseneck Faucet with Pulldown Sprayer | In-Unit Laundry |
Building
| 24-hour concierge services | 24-Hour Full Body Fitness Center |
| Cats OK | Controlled Access |
| Dogs OK | Elevator |
| Fitness Center | Hotel Style Lobby |
| Residents Lounge |
Grounds
| Outdoor dining area | Outdoor Heated Pool |
| Pet-Friendly Community | Storage |
| Swimming Pool |
Services
| Concierge Service | Door Attendant |
| Local Discounts for Residents | On-Site Management |
| Package Service | Professional Management Team |
| Stars & Stripes Military Rewards Program |
Other
| Online Resident Portal | Various Lease Term Options |
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
Dog policy
| Allowed | Â |
|---|---|
| Limit | 2 |
| Fee | $250 |
| Monthly Rent | $25 |
Cat policy
| Allowed | Â |
|---|---|
| Limit | 2 |
| Fee | $250 |
| Monthly Rent | $25 |
2 Pets Per Apt Home & Breed Restrictions Apply, Call for Details. |
|
Restrictions: None
Required one-time fees
| Security Deposit | $0 |
|---|---|
| Security Deposit. Refundable amount: 100% | |
Building details
Property details
| Units | 272 |
|---|
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About MDA Apartments
Discover MDA Apartments, a distinguished historic residence located in Downtown Chicago, IL. Our community combines timeless elegance with modern comforts, offering studio, convertible, 1, and 2-bedroom apartments, as well as penthouses. Each home features high ceilings, granite countertops, and stylish cabinetry. Residents enjoy a wealth of amenities including a hotel-style lobby, full-body fitness center, and an Entertainment Sky Club with a bar and gaming area. Relax at our outdoor heated pool, or socialize in our outdoor theatre, multi-function event space, and dining area with grilling stations. The building also includes the Elephant & Castle Restaurant on-site, 24-hour concierge services, and a pet-friendly atmosphere. Additional features include panoramic city views, a rooftop terrace, and various lease term options. Experience luxury living in Chicago at MDA Apartments – contact us to schedule your tour today!
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.
8.8
/10
Very GoodWith a solid 8.8 out of 10 overall, MDA Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, MDA Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A 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.
MDA Apartments offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A 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.
MDA Apartments stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
MDA Apartments 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 MDA Apartments 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 MDA Apartments compares to other nearby properties.
Positives
- Less expensive
- Studio units are cheaper than other similar listings nearby
- More space
- The 1-bedroom is 249 sqft larger than other listings nearby
- Elevator
- Improved accessibility features
- Fireplace
- Upgraded in-unit features
- Images Available
- There are at least 10 photos of this address
- Outdoor space
- Easy access to the outdoors
- Package service
- More secure storage for delivery
- Walk-in closet
- More closet space on average
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Rent trends in Loop
Studio apartments at MDA Apartments cost about 13% less than the average rent price for studios in Loop.
1-bedroom apartments here are priced 5% lower than 1-bedrooms in Loop.
If you decide to upgrade your space, you can expect 2-bedrooms at MDA Apartments to be 33% less than the average for similarly sized apartments in Loop.
Median rents as of Sep 6 2025.
Loop
Chicago
| Month | Median Rent |
|---|---|
| September 2023 | $1,523 |
| October 2023 | $1,502 |
| November 2023 | $1,507 |
| December 2023 | $1,565 |
| 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 | $1,450 |
| Month | Median Rent |
|---|---|
| September 2023 | $2,055 |
| October 2023 | $2,021 |
| November 2023 | $1,903 |
| December 2023 | $1,902 |
| 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 | $2,201 |
Affordability calculator
Can I afford to live at 63 E Lake St?
Bedrooms
Rent-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
$75,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $75,000 annually to afford this studio median monthly rent price of $1,875.
For more information on rent affordability, visit our rent calculator.
Schools near MDA Apartments
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 MDA Apartments
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 63 E Lake St
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
4/10
Roads are accessible, but parking may be a challenge.
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 63 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
6/10
At least one elementary school within a 20-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 63 E Lake St
Bockwinkel's
222 N Columbus Dr
North Loop Market
300 N State St
Mariano's
333 E Benton Pl
Bensidoun USA Inc
405 N Wabash Ave
Whole Foods Market
255 E Grand Ave
Pig-Sty Apparel LLC
63 E Lake St
LOFT Outlet
51 E Randolph St
Ross Dress For Less
26 E Randolph St
Facial Boutique
111 N Wabash Ave
BOSS Shop
111 N State St
Starbucks
151 N Michigan Ave
Starbucks
155 N Wabash Ave
Starbucks
200 N Michigan Ave
Starbucks
225 N Michigan Ave
Dunkin'
75 E Washington St
About Last Knife
168 N Michigan Ave
Amuse
City Winery at the Riverwalk
11 E Riverwalk South
Venteux Brasserie, Cafe & Oyster Bar
224 N Michigan Ave
Cerise Rooftop Bar
203 N Wabash Ave
Sugar Bliss Cake Boutique
122 N Wabash Ave
Magnolia Bakery-Chicago
108 N State St
GNC
22 E Madison 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
About Last Knife
168 N Michigan Ave
sweetgreen
150 N Michigan Ave
Five Guys
180 N Michigan Ave
Broken English Taco Pub-Lake Street
75 E Lake St
Millennium Tacos & Dogs
151 N Michigan Ave
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
Michigan / Randolph / Chase Bank (Chicago)
Chicago Dash
Michigan / Randolph
Plainfield-East Loop Express, North Bolingbrook – East Loop Express
AM Michigan / Randolph (Chicago)
Chicago Dash
Michigan / Randolph
South Shore Express, Jackson Park Express, Chicago, Outer Dusable Lake Shore Express, Stockton / Michigan Express, King Drive, Sheridan, Streeterville / Taylor, Madison
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
Clark / Lake
Green Line, Pink Line, Blue Line, Brown Line, Green Line, Orange Line, Blue Line, Purple Line
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