Arc at Old Colony
407 S Dearborn St, Chicago, IL 60605
Leasing Office: 37 W Van Buren St, Chicago, IL 60605
Managed By
- Bedrooms
- Studio - 4Studio - 4 Beds
- Bathrooms
- 1 - 21 - 2 Baths
- Sq. Ft.
- 395 - 1,451 sq ft
Pricing and Floor Plans
S x 1
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1 x 1
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2 x 2
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2 x 1
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3 x 2
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4 x 2
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Details
Lease Term Options
- 4 - 12 Month Leases
Property Information
- Built in 2015
- 137 units17 stories
Fees & Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
One-Time Basics
Due at Application
-
Administrative Fee$200
-
Application Fee Per Applicant$50
No Parking Available.
No Pets Allowed
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Explore Commute Options
Property Highlights
- 50 Flat Screen TV
- Club & Game Room
- Electronic Unit Entry Locks
- Euro-Style Cabinetry
- Glass Shower Doors
- HardwoodFloors in Most Units
- Individual Study Rooms
- In-Unit Washer/Dryer
- Modern, Designer Furniture
- Modern, designer plumbing fixtures
- On-Site Management
- Quartz Countertops
- Stainless Steel Appliances
- Study Lounge with Free Printing
- Tiled Shower Walls
Apartment Features
- Air Conditioning
- Disposal
- Freezer
- Furnished
- Hardwood Floors
- Heating
- High Speed Internet Access
- Ice Maker
- Microwave
- Office
- Oven
- Quartz Countertops
- Range
- Refrigerator
- Smoke Free
- Stainless Steel Appliances
- Tub/Shower
- Washer/Dryer
- Wi-Fi
Community Features
- 24 Hour Access
- Business Center
- Conference Rooms
- Controlled Access
- Elevator
- Fitness Center
- Furnished Units Available
- Gameroom
- Grill
- Lounge
- Media Center/Movie Theatre
- On-Site Retail
- Renters Insurance Program
- Roof Terrace
- Storage Space
- Sundeck
- Utilities Included
- Vintage Building
Map of Arc at Old Colony
Area Scores
Walkability
Exceptionally walkable
Transit
Exceptional public transit
Driveability
Fairly drivable
Bikeability
Exceptionally bikeable
Walkability measures the walking distance to day-to-day needs.
Transit measures access to public transportation.
Driveability measures congestion, parking availability, and access to major roads.
Bikeability measures the suitability for cycling.
Soundscore™
Busy
A Sound Score rating aggregates noise caused by vehicle traffic, airplane traffic and local sources.
Transit
Subway
1 min Walk
Subway
3 min Walk
Subway
1 min Drive
Subway
1 min Drive
Subway
1 min Drive
Commuter Rail
1 min Drive
Commuter Rail
2 min Drive
Airport
19 min Drive
Airport
28 min Drive
Moving to Chicago Loop, Chicago, IL
Shopping Centers
Shoppers will appreciate Arc at Old Colony proximity to 632 S Wabash Ave, 137 N Wabash Ave, and Shops at State Place. 632 S Wabash Ave is 0.7 miles away, and 137 N Wabash Ave is within a 12 minute walk.
Commuting
With top-notch public transportation and a TransitScore of 100, Chicago Loop is exceptional public transit. Within 1.2 miles of Arc at Old Colony, you’ll find Harold Washington Library-State/Van Buren, Jackson Station (Blue Line), and Lasalle/Van Buren Station (Downtown Loop).
Parks and Recreation
Recreational activities near Arc at Old Colony are plentiful. Discover 5 parks within 1.9 miles, including Alliance for the Great Lakes, Openlands, and Grant Park.
Airports
Living in Chicago Loop provides easy access to Chicago Midway International, located just 18 minutes from Arc at Old Colony. Another nearby airport is Chicago O'Hare International, located 18.2 miles away.
Local Education
Primary and Secondary Schools
South Loop Montessori School
Grades PK-5
Private
Hawthorne Elementary Scholastic Academy
Grades K-8
Public
Smyth J Elementary School
Grades PK-8
Public
South Loop Elementary School
Grades PK-8
Public
Village Leadership Academy
Grades PK-8
Private
Phillips Academy High School
Grades 9-12
Public
Devry Advantage Academy High School
Grades 9-12
Public
Renaissance Prep School
Grades K-12
Private
Young Magnet High School
Grades 6-12
Public
Data provided by GreatSchools.org © 2026. All rights reserved.
Colleges and Universities
| School | Commute Time (Distance) |
|---|---|
| Robert Morris Univ., Ill. | Walk: 2 min (0.1 mi) |
| DePaul University, Loop Campus | Walk: 3 min (0.2 mi) |
| Roosevelt University, Chicago | Walk: 4 min (0.3 mi) |
| SAIC | Walk: 11 min (0.6 mi) |
About Arc at Old Colony
Head back to class with Chicago at your doorstep - live at ARC. Our vibrant student housing community is the perfect central location to conveniently get to class, explore, and enjoy the city. Schedule your in-person tour today or take a virtual tour… at your convenience. This listing includes floorplans which may be for the immediate move in or the 23-24 year, please contact the leasing office for full availability options that fit your needs.
Head back to class with Chicago at your doorstep - live at ARC. Our vibrant student housing community is the perfect central location to conveniently get to class, explore, and enjoy the city. Schedule your in-person tour today or take a virtual tour at your convenience. This listing includes floorplans which may be for the immediate move in or the 23-24 year, please contact the leasing office for full availability options that fit your needs.
Arc at Old Colony is an apartment community in Chicago, IL
Contact
Chicago, IL 60605
- Sunday Closed
- Monday 10:00 AM – 7:00 PM
- Tuesday 10:00 AM – 7:00 PM
- Wednesday 10:00 AM – 7:00 PM
- Thursday 10:00 AM – 7:00 PM
- Friday 10:00 AM – 7:00 PM
- Saturday 12:00 PM – 5:00 PM
Renter Reviews
For Arc at Old Colony
2 Ratings & Reviews
-
5/24/16
Arc at Old Colony
For someone new to the city, the location and abundance of pre-paid utilities made transition very easy. The staff members are very nice, the unit comes with a large TV... Despite this, I would have made a different decision if I could. Beyond the issues of unethical management, for me, rent here was simply not worth it. It didn't take long for me to find out that being in the center of the city is not actually the place to be. There are so many areas of the city where you can find much cheaper… rent in even more lively, friendly neighborhoods. You might have to move-in some furniture, perhaps even pay select utility bills, but it will still be cheaper in the end. And since public transport is so abundant here, you probably won't find yourself travelling much more. Also, trains/street traffic/construction probably won't be a constant sound.
Review from Apartments.com
16 People Found This Helpful
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Contact this Property
(855) 677-8101Languages: English
Open 10:00 AM – 7:00 PM Today