Overview and Location
The Arcade Residences is a student housing property located at Chicago, IL 60660, USA, in the northern part of the city. The exact address places it in the neighbourhoods of Edgewater or Rogers Park, areas known for a mix of residential streets and access to Lake Michigan. The property is situated within reasonable commuting distance of several universities: the University of Chicago (Hyde Park campus), the University of Illinois Chicago (UIC), and the Illinois Institute of Technology (IIT). However, given that the University of Chicago and IIT are on the South Side, a commute of 40–60 minutes by public transit is typical. UIC is closer, around 30–40 minutes via the CTA Red Line and bus. The Arcade Residences is a single-building development offering apartments and one-bedroom units, with a minimum lease term of 9 months. As of the current data, the property is flagged as not available – prospective tenants should verify availability directly with the operator.
Who This Residence Suits
The Arcade Residences is best suited for students who prioritise on-site amenities over a low price point. The property features a fitness studio, a conference room, and a bike room. These facilities appeal to residents who want to exercise without leaving the building, need a quiet space for group study or meetings, or rely on a bicycle for campus and city travel. The presence of a conference room is relatively uncommon in standard student housing, making this a distinctive offering for graduate students or those involved in collaborative projects who need a formal meeting space outside their apartment.
The property also suits students who are comfortable with a 9‑month or longer lease. This lease length aligns well with the academic calendar – most US universities run two semesters covering roughly 9 months (September to May). Students who plan to return home for the summer or sublet their unit may find the minimum lease convenient.
Additionally, the apartment unit type suggests that the property may offer more spacious layouts than typical dorm‑style rooms. This makes it suitable for students who prefer a private or semi‑private living arrangement, such as couples, roommates sharing a two‑bedroom (though only 1b and apartment are listed, so likely one‑bedroom and larger studio/one‑bedroom apartments), or students who need extra study or storage space.
Who This Residence Does Not Suit
The Arcade Residences is not suitable for students on a tight budget. The city’s from‑price for student housing in Chicago is 600 USD per month (indicative — confirm with the operator). Since The Arcade Residences does not list a starting price in the current data, and given that properties with fitness studios and conference rooms in Chicago typically command a premium, the actual monthly rent is likely well above that baseline. Budget‑conscious students should look at shared apartments or studios in less amenity‑rich buildings.
The property is also less ideal for students who need to be on campus quickly. The distance to the University of Chicago and IIT is considerable, and the commute may eat into study or social time. Students who prefer walking to class or living in a dense student neighbourhood (such as Hyde Park or the UIC area) will find this location inconvenient.
Furthermore, the not available tag in the data suggests that the property may currently have no vacant units or is undergoing renovation/transition. Students looking for immediate move‑in or a guaranteed room for the upcoming academic year should treat this property as a long‑shot option and secure backup housing elsewhere.
Resident Feedback
At the time of this article’s writing, the data source (amber) provided no resident reviews for The Arcade Residences. Without firsthand accounts, we cannot quote specific experiences regarding noise levels, management responsiveness, maintenance quality, or neighbourhood safety. Prospective residents are strongly advised to request testimonials directly from the operator or search independent forums (outside this platform) for resident opinions. A property’s true character often emerges only through the voices of those who lived there.
Price Positioning
The broader Chicago student housing market lists a from‑price of 600 USD per month (indicative — confirm with the operator). This figure represents the lowest‑cost units across 95 properties tracked in the city. The Arcade Residences does not publish a minimum or maximum price in the dataset, so direct comparison is impossible. However, given the amenity package (fitness studio, conference room, bike room) and the unit types (1b and apartment), industry patterns suggest rents could fall in the 900–1,400 USD range per person per month for a private one‑bedroom, or 600–900 USD per person if the apartment is shared between two roommates. All figures are indicative — confirm with the operator.
The city’s median rent for student housing is likely higher than 600 USD, as studio/one‑bedroom properties with amenities usually exceed that floor. The Arcade Residences may be positioned as a mid‑ to upper‑mid‑range option, competing with other purpose‑built student accommodations in Edgewater and Rogers Park, such as those near Loyola University Chicago (not listed as a target university but geographically close). Students should compare the total cost (rent + utilities + commuting expenses) with alternatives closer to their campus.
Room Types and Lease Terms
The property offers two unit types:
- 1b — a one‑bedroom apartment, likely with a separate bedroom, living area, and kitchen. Suitable for a single occupant or a couple.
- Apartment — this generic term could refer to studio apartments, one‑bedroom units, or larger layouts (two‑bedroom) not explicitly listed. Clarify with the operator.
Minimum lease length is 9 months. This is standard for a fall‑to‑spring academic lease. If you need a shorter term (e.g., summer only), this property may not be flexible. The property does not list a deposit amount — expect a typical security deposit equal to one month’s rent.
Booking Timing
Because the property is currently tagged as not available, the usual booking timeline may not apply. For properties in Chicago that are actively leasing, the peak booking period runs from January to April for fall move‑in (August/September). Last‑minute vacancies sometimes appear in June or July. If the Arcade Residences becomes available again, students should be prepared to sign a lease at least 3–4 months before move‑in to secure a unit. For the 2026–2027 academic year, start checking availability in early 2026. Since the operator’s status is unclear, regular website checks or a direct inquiry are essential.
Frequently Asked Questions
How far is The Arcade Residences from University of Chicago, UIC, and IIT?
The property is located in postal code 60660, about 11 miles north of the University of Chicago’s main campus. Using public transit (CTA Red Line to a bus or express bus), the commute is roughly 45–60 minutes one way. UIC is approximately 8 miles south‑west, with a 35–45 minute commute via Red Line and bus. IIT (Bronzeville campus) is about 11 miles south, also requiring 45–60 minutes by train and bus. Driving or ridesharing is faster but incurs parking costs. Students at these universities should evaluate whether the commute fits their schedule and budget.
Are utilities included in the rent?
The data does not specify whether utilities (electricity, water, gas, internet) are included or billed separately. This is common in student housing — some properties include all utilities, others charge a flat fee, and others have tenants set up individual accounts. You must confirm with the operator before signing a lease. Ask for a sample monthly bill or a breakdown of utilities included in the rent.
Is the property currently available for new tenants?
The dataset includes a tag “not_available” for this listing. This could mean the property is fully leased, under renovation, or temporarily not marketing to new residents. Check directly with the operator. If you are planning for the 2026–2027 academic year, contact them early to see if units will be released later. Meanwhile, consider other active properties in Chicago that fit your budget and location needs.
Sources & data date
Data sourced from amber student on 2026‑07. All prices are indicative — confirm with the operator. No resident reviews were available in the dataset for this property.
Use the on‑site assistant to check live availability and current pricing for The Arcade Residences.
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