OPENING AUGUST 2019 This newly renovated historical building includes modern updates with decadent design to match. Steps away the beautiful Jackson Park and Lake Michigan offer scenic views, beaches, running paths, the Lakefront Trail, and golf courses. Visit us today to discover your perfect studio, one-, or two-bedroom apartment. Easy access to Lake Shore Drive means the Loop is just a 20-minute drive away. Multiple bus, Metra, and CTA stations close by ensure a quick commute.
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Park Heights by the Lake Apartments by bedroom type below.
2 Bedroom
Suggested income:
$79,700
per year
Rent report
Park Heights by the Lake Apartments Rent vs. Chicago Average
Park Heights by the Lake Apartments
Chicago Average
2BR
$2,213
$2,510
$0
$850
$1,700
$2,550
$3,400
Park Heights by the Lake Apartments is asking 12%
less than the average 2 bedroom apartment in
Chicago.
If you upsized to an average priced Chicago 3 bedroom apartment, you would pay
16% more per month.
If you downsized to an average priced Chicago 1 bedroom apartment,
you would pay 21% less per month.
Park Heights by the Lake Apartments provides 33%
more square footage than the average
Chicago 2 bedroom apartment.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
Park Heights by the Lake Apartments
2BR
$2,213
$1.70
$6,639
Chicago Average
Studio
$1,631
$3.50
$4,892
1BR
$2,072
$3.00
$6,217
2BR
$2,510
$2.50
$7,529
3BR
$2,971
$1.30
$8,913
4BR
$2,785
$1.80
$8,356
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 3,700 1BR
units on the market in Chicago. If you're looking to negotiate, this may be your best option.