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modified
Updated 5+ Days Ago

Highlights

  • On-site manager
  • One storage locker
  • Coin laundry
  • 24 hour onsite emergency maintenance crew
  • Outdoor deck

Location

2242 W Nichols Rd, Arlington Heights, IL 60004, USA
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Tour 2242 W Nichols

Contact

Management

BLDG Management Co.

Leasing office

(847) 910-0285

Floor plans

2BR/1.0BA2 bed1 bath894 sqft$1,695 /mo1 unit availableConveniently located in Arlington Heights, IL off RT 53, 1/4 East on Lake-Cook Rd. This spacious 2 bedroom 1 bathroom apartment Is on the 3rd Floor with an outdoor deck. Building amenities include coin laundry, secure front and back door entrances, on-site manager M-F 9am-5pm, 24 Hour onsite emergency maintenance crew, assigned parking spot, one storage locker. Management Company pays all utilities except electric. Unit ready for immediate occupancy.

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Policies and fees

Applicants

Applicants

One-time.

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REQUIRED FEES

Security Deposit

One-time. Refundable.

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Building details

Property details

Units2
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About 2242 W Nichols

HomeApartments in Arlington Heights 2242 W Nichols

Conveniently located in Arlington Heights, IL off RT 53, 1/4 East on Lake-Cook Rd. This spacious 2 bedroom 1 bathroom apartment Is on the 3rd Floor with an outdoor deck. Building amenities include coin laundry, secure front and back door entrances, on-site manager M-F 9am-5pm, 24 Hour onsite emergency maintenance crew, assigned parking spot, one storage locker. Management Company pays all utilities except electric. Unit ready for immediate occupancy.


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.
7.7
/10
Very Good
2242 W Nichols is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
How we rated 2242 W Nichols
Price·8A 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.
Scoring a 8/10, 2242 W Nichols is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·8A 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.
With multiple in-demand amenities, 2242 W Nichols is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
2242 W Nichols 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 2242 W Nichols does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A 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.
2242 W Nichols provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

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 2242 W Nichols compares to other nearby properties.

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 2 miles away
Greater distance from high schools
The nearest high school is farther than 2 miles away

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Rent trends in Arlington Heights

2-bedroom apartments at 2242 W Nichols cost about 26% less than the average rent price for 2-bedroom apartments in Arlington Heights.

Median rents as of Aug 8 2026.
Arlington Heights
A table of studio rental data trends in Arlington Heights
MonthMedian Rent
August 2024$1,838
September 2024$1,821
October 2024$1,820
November 2024$1,800
December 2024$1,800
January 2025$1,800
February 2025$1,803
March 2025$1,805
April 2025$1,812
May 2025$1,817
June 2025$1,800
July 2025$1,800
August 2025$1,807
September 2025$1,805
October 2025$1,800
November 2025$1,810
December 2025$1,818
January 2026$1,807
February 2026$1,798
March 2026$1,803
April 2026$1,818
May 2026$1,747
June 2026$1,619
July 2026$1,662
August 2026$1,800

Affordability calculator

Can I afford to live at 2242 W Nichols Rd?

Bedrooms

2 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

$67,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $67,800 annually to afford this 2-bedrooms monthly rent price of $1,695.
For more information on rent affordability, visit our rent calculator.

Schools near 2242 W Nichols

Virginia Lake Elementary School

925 n glenn dr

palatine, IL, 60074

K-6Public
B+

Community Child Care Center of Palatine Township

721 south quentin rd

palatine, IL, 60067

PKPublic

Hawthorn School for Young Learners

637 n aspen dr

vernon hills, IL, 60061

KPublic

The Early Learning Center

1900 w lonnquist blvd

mt prospect, IL, 60056

PKPublic

Prairie Trails School

805 n burning bush ln

mt prospect, IL, 60056

PK, KPublic
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Internet available near 2242 W Nichols

Getting around Arlington Heights near 2242 W Nichols Rd

Walking

4/10
Some shops and stores are within a few minutes.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

0/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 2242 W Nichols Rd, Arlington Heights

Groceries

3/10
Some groceries within a short drive

Shopping

4/10
Some shops within a short drive

Cafes

3/10
Some cafés within a short drive

Restaurants

5/10
Variety of restaurants within a short drive

Primary schools

1/10
Closest elementary school further than a 30-minute walk

High schools

1/10
Closest high school further than a 30-minute walk

Parks

10/10
Exceptionally large amount of park space within a few minutes’ walk

Nightlife

4/10
Some bars within a short drive

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