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Updated 3 days ago

Lake Meadows Apartments

VERIFIED

501 E 32Nd St Chicago, IL

Studio - 2 Bed
•
1 Bath

425 - 1,000 Sq. Ft.

Available Now
Floor plans
Studio • 1 Bath
$1,099
425 ft2
1 Available
9-1513
$1,099
Available Now
View
Studio • 1 Bath
$1,195
435 ft2
1 Available
9-0304
$1,195
Available Feb 22nd, 2025
View
1 Bed • 1 Bath
$1,295 - $1,500
675 ft2
2 Available
9-1109
$1,295
Available Now
View
9-2007
$1,500
Available Now
View
1 Bed • 1 Bath
3D Tour
$1,315 - $1,410
600 ft2
2 Available
9-1610
$1,410
Available Now
View
9-0710
$1,315
3D Tour
Available Now
View
View Rented Units
1 Bed • 1 Bath
$1,195
564 ft2
1 Available
9-1108
$1,195
Available Now
View
View Rented Units
View More
2 Beds • 1 Bath
$1,925
1000 ft2
1 Available
9-1800
$1,925
Available Now
View
2 Beds • 1 Bath
$1,745
850 ft2
1 Available
9-1203
$1,745
Available Now
View
View Rented Units
3 Beds • 2 Bath
$2,060
1228 ft2
0 Available
9-1814
$2,060
Rented
View
Where you'll live
Street View
Map View
Satellite View
Lake Meadows Apartments
Lake Meadows Apartments
Lake Meadows Apartments
Location ratings
Walk Score®
74
Very Walkable
Transit Score®
61
Good Transit
Bike Score®
84
Very Bikeable
Amenities
On-site Laundry
Air Conditioning
Fees & leasing info
Pets
No Pets Allowed
Property details
Additional Details
Total Unit Count: 320
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
Welcome to Lake Meadows Apartments, managed by MAC Property Management! Located at 501 E 32nd St in the heart of Chicago, this property offers a range of floor plan options to suit your needs, including studios, one, two, and three-bedroom units. The apartment sizes range from a cozy 425 square feet to a spacious 1,228 square feet.

Each unit at Lake Meadows Apartments is equipped with air conditioning to keep you comfortable year-round. The on-site laundry facility ensures that you can conveniently take care of your laundry needs without leaving the property.

This property is perfect for students attending the nearby Illinois Institute of Technology, as it is located just a short distance away. The Douglas neighborhood surrounding Lake Meadows Apartments offers a vibrant and diverse community with easy access to restaurants, shopping, and entertainment venues.

If you're looking for a well-managed and conveniently located apartment in Chicago, look no further than Lake Meadows Apartments. Contact the property manager, MAC Property Management, to schedule a tour and see for yourself how you can make this your new home.
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:
$41,300
per year
1 Bedroom
Suggested income:
$48,300
per year
2 Bedroom
Suggested income:
$66,100
per year
Rent report

Lake Meadows Apartments Rent vs. Chicago Average

 Lake Meadows Apartments      Chicago Average
Studio
$1,147
$1,591
$0
$550
$1,100
$1,650
$2,200
1BR
$1,343
$1,991
$0
$650
$1,300
$1,950
$2,600
2BR
$1,835
$2,421
$0
$800
$1,600
$2,400
$3,200

Lake Meadows Apartments is asking 28% 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 9% less square footage than the average Chicago studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Lake Meadows Apartments
Studio $1,147 $2.70 $3,441
1BR $1,343 $2.20 $4,029
2BR $1,835 $2.00 $5,505
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

Robert Morris University Chicago

University of Illinois at Chicago

Nearby Hospitals
Name Distance
Mercy Hospital And Medical Center 0.8 mi.
Provident Hospital Of Cook County 2.35 mi.
U Of Chicago Medicine Emerygency Room 3.15 mi.
Nearby Fire Stations
Name Distance
New Douglas Community Volunteer Fire Department 0.65 mi.
Chicago Fire Department 0.66 mi.
Washington Township Volunteer Fire Department 3.28 mi.
FAQs
Is this property currently leasing units?
Yes. There are 9 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 8 units vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 425 to 1,000 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 $1,099 to $1,925. Lake Meadows Apartments has studio units available starting at $1,099, 1 bedroom units available starting at $1,195, and 2 bedroom units available starting at $1,745.
Where is this property located?
This property is at 501 E 32Nd St in Chicago, IL. It's 8.0 miles south from the center of Chicago.
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