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Updated 32 minutes ago

61 Banks Street


61 E Banks St Chicago, IL

2 Bed
•
2 Bath

1,641 Sq. Ft.

Available starting Nov. 23rd
2 Beds • 2 Bath
$8,250
1641 ft2
1 Available
Unit 501
$8,250
Available Nov 23rd, 2026
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3 Beds • 2 Bath
$12,490
2431 ft2
0 Available
Unit 67
$12,490
Rented
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3 Beds • 2 Bath
$14,990
2681 ft2
0 Available
Unit 1326
$14,990
Rented
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3 Beds • 3 Bath
$14,750 - $14,950
2339 ft2
0 Available
Unit 504
$14,950
Rented
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Unit 304
$14,750
Rented
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3 Beds • 3 Bath
$13,750
2230 ft2
0 Available
Unit 806
$13,750
Rented
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3 Beds • 2 Bath
$13,150
2558 ft2
0 Available
Unit 73
$13,150
Rented
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Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
90
Walker's Paradise
Transit Score®
81
Excellent Transit
Bike Score®
84
Very Bikeable
Amenities
In-unit Laundry
Fitness Center
Refrigerator
Garbage Disposal
Controlled Access
Open Floor Plans
Dishwasher
Resident Lounge
Private Rooftop Club
Commercial Kitchen, Bar & Beverage Center
Sky Terrace With Lake Michigan Views
Al Fresco Dining Rooms With Grills
Keyless Entryways
Bosch & Jenn-air Kitchen Appliances
Built-in Wine Refrigerator
Large, Spa-like Bathrooms
Online Community Portal
Online Payments
Doorman
On-site Management
Car Charging Station
High / Vaulted Ceiling
Stainless Steel Appliances
Range / Oven
Microwave
Ice Maker
Freezer
Library
Valet Parking
Full-time Concierge
Virtual Walkthrough
Floor-to-ceiling Windows
Fees & leasing info
Pets
Pet Friendly Community
Breed Restrictions:

Rottweiler, American Pit Bull Terrier, Staffordshire Terrier, Bull Terrier, American Staffordshire, Chow, Doberman, German Shepherd, American Bulldogs, Mastiffs, Presa Canarios, Wolf hybrids, any sub-breed of the preceding and any breed that relates to security or guard dogs.

Number Limit:

2 pet max

Cat:

No deposit, no rent! Pet fee is per pet. | Restrictions: Animal photo & vet records required. Breed restrictions include but not limited to: Rottweiler, American Pit Bull Terrier, Staffordshire Terrier, Bull Terrier, American Staffordshire, Chow, Doberman, German Shepherd, American Bulldogs, Mastiffs, Presa Canarios, Wolf hybrids, any sub-breed of the foregoing and any breed that relates to security or guard dogs. A building dog tag will be issued for the dog and needs to be worn. Violation of this policy would result in a $50.00 fine. One time

Cat Fee:

$500.00 One time due at move-in

Dog:

No deposit, no rent! Pet fee is per pet. | Restrictions: Animal photo & vet records required. Breed restrictions include but not limited to: Rottweiler, American Pit Bull Terrier, Staffordshire Terrier, Bull Terrier, American Staffordshire, Chow, Doberman, German Shepherd, American Bulldogs, Mastiffs, Presa Canarios, Wolf hybrids, any sub-breed of the foregoing and any breed that relates to security or guard dogs. A building dog tag will be issued for the dog and needs to be worn. Violation of this policy would result in a $50.00 fine. One time

Dog Fee:

$500.00 One time due at move-in

Parking
Covered Parking
Electric Vehicle Charging
More Info:

Indoor Private Garage

Lease & Fees
Lease Length:

12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24

Property details
Description

Ideally located on Lake Shore Drive in Chicago’s distinguished Gold Coast, 61 Banks Street is an ultra-luxury rental residence offering expansive two- and three-bedroom homes, two-story maisonettes, a full suite of amenities, high-end finishes and stunning Lake Michigan views.

Additional Details
Total Unit Count: 57
Last Updated: Updated 32 minutes ago
Contact Number: (312) 598-2480
Property manager information
Draper & Kramer
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Office Hours
Monday: 9:00 AM - 5:00 PM
Tuesday: 9:00 AM - 5:00 PM
Wednesday: 9:00 AM - 5:00 PM
Thursday: 9:00 AM - 5:00 PM
Friday: 9:00 AM - 5:00 PM
Saturday: 8:30 AM - 3:30 PM
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Photos Floor Plans Amenities
Neighborhood
Gold Coast
Historic High-Rise Buildings and the Ultimate Luxury in Chicago’s Gold Coast

As part of the city of Chicago’s north side, the Gold Coast Historic District’s perimeters are North Avenue, Lake Shore Drive, Oak Street and Clark Street. In 1882, after the Great Chicago Fire, a millionaire by the name of Potter Palmer had a swamp area filled--this became Lake Shore Drive--and then built the Palmer Mansion, a veritable castle with 42 rooms. Shortly thereafter other wealthy Chicagoans joined Palmer in the area, and it became the wealthiest neighborhood in Chicago. The district was added to the National Register of Historic Places in 1978. Today the Gold Coast is a mix of mansions, high-rise buildings and row houses.
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 61 Banks Street by bedroom type below.
2 Bedroom
Suggested income:
$297,000
per year
Rent report

61 Banks Street Rent vs. Chicago Average

 61 Banks Street      Chicago Average
2BR
$8,250
$2,562
$0
$2,700
$5,400
$8,100
$10,800

61 Banks Street is asking 222% more than the average 2 bedroom apartment in Chicago.

If you upsized to an average priced Chicago 3 bedroom apartment, you would pay 17% more per month.

If you downsized to an average priced Chicago 1 bedroom apartment, you would pay 23% less per month.

61 Banks Street provides 67% more square footage than the average Chicago 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
61 Banks Street
2BR $8,250 $5.00 $24,750
Chicago Average
Studio $1,675 $3.60 $5,026
1BR $2,088 $3.00 $6,263
2BR $2,562 $2.60 $7,687
3BR $3,091 $2.40 $9,273
4BR $2,506 $1.90 $7,519

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 4,616 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% 37% 30% 9% 3%
Available Units in Chicago
Studio 2,573
1BR 4,616
2BR 3,805
3BR 1,117
4BR 336
Location
Nearby Colleges
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 November 23, 2026.
What's the square footage of the available units?
It's 1,641 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
61 Banks Street has a 2 bedroom unit starting at $8,250.
Where is this property located?
This property is at 61 E Banks St in Chicago, IL. It's 3.3 miles southeast from the center of Chicago.
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