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Updated 3 days ago

Lake Meadows Apartments

VERIFIED

3420 S Cottage Grove Ave Chicago, IL

Studio - 2 Bed
•
1 Bath

464 - 891 Sq. Ft.

Available Now
Floor plans
Studio • 1 Bath
$1,045
464 ft2
1 Available
3-0104
$1,045
Available Now
View
Studio • 1 Bath
$950
466 ft2
1 Available
3-0505
$950
Available Now
View
1 Bed • 1 Bath
$1,145
586 ft2
1 Available
3-0704
$1,145
Available Now
View
1 Bed • 1 Bath
$1,120 - $1,165
587 ft2
2 Available
3-1103
$1,165
Available Now
View
3-0206
$1,120
Available Now
View
View Rented Units
2 Beds • 1 Bath
$1,420 - $1,755
891 ft2
7 Available
3-0609
$1,560
Available Now
View
3-0108
$1,560
Available Now
View
3-1009
$1,580
Available Now
View
3-1209
$1,755
Available Now
View
3-0300
$1,420
Available Now
View
3-1000
$1,450
Available Now
View
3-1208
$1,495
Available Now
View
View Rented Units
Where you'll live
Street View
Map View
Satellite View
Lake Meadows Apartments
Lake Meadows Apartments
Lake Meadows Apartments
Location ratings
Walk Score®
79
Very Walkable
Transit Score®
59
Good Transit
Bike Score®
81
Very Bikeable
Amenities
Air Conditioning
Fees & leasing info
Pets
No Pets Allowed
Property details
Additional Details
Total Unit Count: 119
Last Updated: Updated 3 days ago
Contact Number: (773) 900-6028
Property manager information
MAC Property Management
Ask a question
Office Hours
Sunday: 8:00 AM - 6:00 PM
Monday: 8:00 AM - 6:00 PM
Tuesday: 8:00 AM - 6:00 PM
Wednesday: 8:00 AM - 6:00 PM
Thursday: 8:00 AM - 6:00 PM
Friday: 8:00 AM - 6:00 PM
Saturday: 8:00 AM - 6:00 PM
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
ViaSat, Inc. 35.0 3.0
Hughes Network Systems, LLC 25.0 3.0
Data from June 2020 provided by the FCC
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Photos Floor Plans Amenities
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About Lake Meadows Apartments
Lake Meadows Apartments, managed by MAC Property Management, offers a variety of floor plans, including studios, one-bedroom, and two-bedroom apartments. With a convenient location at 3420 S Cottage Grove Ave in Chicago, Illinois, this complex provides an ideal living situation for students and professionals alike.

The range in unit sizes ensures there is an option to suit every lifestyle, from cozy studio apartments with 464 square feet of space to more spacious two-bedroom units with up to 891 square feet. All units come equipped with air conditioning to ensure a comfortable living environment year-round.

Lake Meadows Apartments is located near the Illinois Institute of Technology, making it a great choice for students looking for convenient housing. Additionally, the neighborhoods of Douglas and Oakland provide a friendly community atmosphere, with plenty of local amenities and services within easy reach.

If you're searching for a well-maintained apartment in a vibrant neighborhood, Lake Meadows Apartments is definitely worth considering. The range of floor plans and close proximity to the Illinois Institute of Technology make this property a desirable option for those seeking a convenient and comfortable living experience in Chicago.
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 Lake Meadows Apartments by bedroom type below.
Studio
Suggested income:
$35,900
per year
1 Bedroom
Suggested income:
$41,100
per year
2 Bedroom
Suggested income:
$55,600
per year
Rent report

Lake Meadows Apartments Rent vs. Chicago Average

 Lake Meadows Apartments      Chicago Average
Studio
$998
$1,591
$0
$550
$1,100
$1,650
$2,200
1BR
$1,143
$1,991
$0
$650
$1,300
$1,950
$2,600
2BR
$1,546
$2,421
$0
$800
$1,600
$2,400
$3,200

Lake Meadows Apartments is asking 37% less than the average studio apartment in Chicago.

If you upsized to an average priced Chicago 1 bedroom apartment, you would pay 20% more per month.

Lake Meadows Apartments provides 2% less square footage than the average Chicago studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Lake Meadows Apartments
Studio $998 $2.10 $2,993
1BR $1,143 $1.90 $3,430
2BR $1,546 $1.70 $4,637
Chicago Average
Studio $1,591 $3.40 $4,774
1BR $1,991 $2.80 $5,972
2BR $2,421 $2.50 $7,264
3BR $3,006 $2.40 $9,018
4BR $2,951 $1.90 $8,853

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 3,927 1BR units on the market in Chicago. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
20% 37% 31% 11% 2%
Available Units in Chicago
Studio 2,098
1BR 3,927
2BR 3,313
3BR 1,136
4BR 220
Location
Nearby Colleges

Illinois Institute of Technology

Columbia College-Chicago

Roosevelt University

University of Chicago

Robert Morris University Chicago

Nearby Hospitals
Name Distance
Mercy Hospital And Medical Center 1.1 mi.
Provident Hospital Of Cook County 2.05 mi.
U Of Chicago Medicine Emerygency Room 2.84 mi.
Nearby Fire Stations
Name Distance
Chicago Fire Department 0.61 mi.
New Douglas Community Volunteer Fire Department 0.78 mi.
Washington Township Volunteer Fire Department 3.59 mi.
FAQs
Is this property currently leasing units?
Yes. There are 12 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 12 units available for move-in over the next 2 months. 11 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 464 to 891 square feet.
Does this property allow cats or dogs?
Pets are not allowed at this property.
How many bedrooms are in the available units?
There are studio, 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $950 to $1,760. Lake Meadows Apartments has studio units available starting at $950, 1 bedroom units available starting at $1,120, and 2 bedroom units available starting at $1,425.
Where is this property located?
This property is at 3420 S Cottage Grove Ave in Chicago, IL. It's 8.3 miles south from the center of Chicago.
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