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modified
2 Days Ago

Location

South Indiana Ave. & Cermak #2408T, Chicago, IL 60616, USA|South Loop

Tour South Indiana Ave. & Cermak #2408T

Contact

Maria Matheus

Michael Scavo Group - Compass

(312) 477-9250

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

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About South Indiana Ave. & Cermak #2408T

HomeApartments in ChicagoSouth Loop South Indiana Ave. & Cermak #2408T, Chicago, IL 60616, USA

South Indiana Ave. & Cermak #2408T cost $3,359 per month. Located at South Indiana Ave. & Cermak #2408T, Chicago, IL 60616, USA, this unit has 2 bedrooms and 2 bathrooms. Based on the average rent price of 2 bedrooms in Chicago, renting this apartment is 30% more expensive per month.


Address details

NeighborhoodSouth Loop
Zip code60616
TypeApartment for rent

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Rent trends in South Loop

2-bedroom apartments at South Indiana Ave. & Cermak #2408T cost about 4% more than the average rent price for 2-bedroom apartments in South Loop.

Median rents as of May 16 2026.
South Loop
Chicago
A table of 2-bedroom apartment rental data trends in Chicago
MonthMedian Rent
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$2,436
February 2026$2,425
March 2026$2,537
April 2026$2,503
May 2026$2,560
A table of 2-bedroom apartment rental data trends in South Loop
MonthMedian Rent
June 2024$2,978
July 2024$3,020
August 2024$2,932
September 2024$2,978
October 2024$2,949
November 2024$2,961
December 2024$2,849
January 2025$2,865
February 2025$2,947
March 2025$3,002
April 2025$3,023
May 2025$3,154
June 2025$3,237
July 2025$3,286
August 2025$3,168
September 2025$3,174
October 2025$3,099
November 2025$2,982
December 2025$2,983
January 2026$3,019
February 2026$3,075
March 2026$3,156
April 2026$3,141
May 2026$3,192

Affordability calculator

Can I afford to live at South Indiana Ave. & Cermak #2408T?

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

$134,360/yr

With your selected rent-to-income ratio, you'd ideally want to make $134,360 annually to afford this 2-bedrooms monthly rent price of $3,359.
For more information on rent affordability, visit our rent calculator.

Schools near South Indiana Ave. & Cermak #2408T

National Teachers Academy

55 w cermak rd

chicago, IL, 60616

PK, K-8Public
B

Bridgeport Child Development Center

3053 s normal ave

chicago, IL, 60616

PKPublic

Bronzeville Classical Elementary School

8 w root st

chicago, IL, 60609

K-6Public
A-

Chicago Commons Guadalupano Family Center

1814 s paulina ave

chicago, IL, 60608

PKPublic

Ariel Elementary Community Academy

1119 e 46th st

chicago, IL, 60653

PK, K-8Public
C-
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Internet available near South Indiana Ave. & Cermak #2408T

Getting around Chicago near South Indiana Ave. & Cermak #2408T

Walking

8/10
No car? No problem. Everything you need is within a few blocks.

Driving

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

Transit

10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for South Indiana Ave. & Cermak #2408T, Chicago

Groceries

8/10
At least one grocery store within a few minutes' walk

Shopping

8/10
Variety of shops within a few minutes' walk

Cafes

7/10
Variety of cafés within walking distance

Restaurants

8/10
Variety of restaurants within a few minutes' walk

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

9/10
At least one high school within a 10-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

7/10
Variety of bars within walking distance

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