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Updated 2 hours ago

516 Arlington Place


516-518 Arlington Pl Chicago, IL

4 Bed
•
3 Bath

1,400 Sq. Ft.

Available starting Aug. 1st
Floor plans
4 Beds • 3 Bath
$7,000
1400 ft2
1 Available
Managed By: Highland Real Estate Partners LLC
Unit 401
$7,000
Available Aug 1st, 2026
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516 Arlington Place
516 Arlington Place
516 Arlington Place
Amenities
Garbage Disposal
Controlled Access
Stainless Appliances
Quartz Countertops
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Lease & Fees
Security Deposit: $0
Property details
Description

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.
For more information or to schedule a tour, visit: https://www.highlandptrs.com/chicago-availability
Call us today at: (312) 883-5503‬

Additional Details
Total Unit Count: 14
Last Updated: Updated 2 hours ago
Contact Number: (312) 883-5503
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Radiate Holdings, LP 1000.0 20.0
Comcast Corporation 987.0 35.0
Radiate Holdings, LP 500.0 20.0
Lynx Communications 200.0 50.0
AT&T Inc. 100.0 20.0
Data from June 2020 provided by the FCC
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Neighborhood
Lincoln Park
Brownstones, Parks and Tree-Lined Streets in Chicago’s Lincoln Park

The area of Chicago referred to as Lincoln Park extends along the western edge of Lake Michigan north from Ohio Street to Ardmore Avenue, is bordered on the east by the Chicago River,and it contains a total of 1,188.62 acres. Originally called Lake Park, the site was a public cemetery for victims of cholera and smallpox. By the middle of the 1800s citizens demanded the land be converted to park land; subsequently the bodies were exhumed and moved to other cemeteries. After the assassination of President Abraham Lincoln, the land was re-named in his honor. Lincoln Park--the actual park--is in the Lincoln Park neighborhood and includes the Lincoln Park Zoo, the Chicago History Museum, the Peggy Notebaert Nature Museum and many other areas, including North Avenue Beach and Oak Street Beach.

View All Lincoln Park Apartments

Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 516 Arlington Place by bedroom type below.
4 Bedroom
Suggested income:
$252,000
per year
Rent report

516 Arlington Place Rent vs. Chicago Average

 516 Arlington Place      Chicago Average
4BR
$7,000
$2,304
$0
$2,300
$4,600
$6,900
$9,200

516 Arlington Place is asking 204% more than the average 4 bedroom apartment in Chicago.

If you downsized to an average priced Chicago 3 bedroom apartment, you would pay 25% more per month.

516 Arlington Place provides 7% more square footage than the average Chicago 4 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
516 Arlington Place
4BR $7,000 $5.00 $21,000
Chicago Average
Studio $1,630 $3.60 $4,889
1BR $2,104 $3.10 $6,313
2BR $2,537 $2.60 $7,612
3BR $3,055 $2.40 $9,164
4BR $2,304 $1.80 $6,912

Availability in Chicago

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 4,361 1BR units on the market in Chicago. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
21% 36% 29% 10% 4%
Available Units in Chicago
Studio 2,528
1BR 4,361
2BR 3,554
3BR 1,179
4BR 443
Location
Nearby Colleges

DePaul University

DeVry University-Illinois

City Colleges Of Chicago Harry S Truman College

Harold Washington College

Argosy University-Chicago

Campus Buildings and Attractions
Distance Walking Biking Driving
Wish Field 0.8 mi 16 min 6 min 2 min
Richardson Library 0.8 mi 16 min 5 min 2 min
Lincoln Park Student Center 0.9 mi 17 min 5 min 2 min
DePaul University Quad 0.9 mi 20 min 6 min 2 min
Meyer Fitness and Rec Center 0.9 mi 17 min 6 min 2 min
Nearby Hospitals
Name Distance
Presence Saint Joseph Hospital 0.53 mi.
Advocate Northside Health Network Dba Illinois Masonic Medical Center 0.81 mi.
Thorek Memorial Hospital 2.0 mi.
Nearby Fire Stations
Name Distance
Superior Volunteer Fire & Ems 1.61 mi.
Chicago Fire Department 2.18 mi.
Franklin Park Fire Department 2.52 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on August 01, 2026.
What's the square footage of the available units?
It's 1,400 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 4 bedroom units available.
How many bathrooms are in the available units?
There are 3 bathroom units available.
What's the monthly rent at this property?
516 Arlington Place has a 4 bedroom unit starting at $7,000.
Where is this property located?
This property is at 516-518 Arlington Pl in Chicago, IL. It's 1.7 miles southeast from the center of Chicago.
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