Summit Argo

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Summit Argo, IL Area Guide

Avg Rent

$903

Population

11,439

Renter Mix

50% Rent

A diverse, close-knit suburb minutes from Downtown Chicago

Diverse Restaurants Historic Community Commuter

Nestled beside the Des Plaines River and the Chicago Sanitary and Ship Canal, Summit Argo is a diverse village and suburb of Chicago. The town offers a variety of affordable to mid-range houses and apartments available to rent. Summit Argo is best known as being the setting of Ernest Hemingway’s short story, “The Killers.” The majority of the town is dedicated to industrial and manufacturing companies, but many people commute into the city as well. The community in Summit Argo is very close-knit, spending their time at the Summit Park District, racing at the Fleetwood Roller Rink, dancing it up a local bar, or indulging in a meal at one of the many authentic restaurants found throughout town. Along with only being 20 minutes from Downtown Chicago, Summit Argo is also convenient to the Chicago Midway International Airport, making traveling in or out of state a breeze.

Demographics

Median Household Income

$53,953

Average: $74,151

Education

1,588

Residents Have a Degree

Job Market

5,053

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

36 Years

Largest Age Group

15-24 Years

Approximately 15% of Residents

Under 20

28%

Over 65

14%

Housing Distribution

In Summit Argo, there are roughly the same number of renters and homeowners.

Renters
50%
Non-Renters
50%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
8%
Other Education
92%

Rent Trends

As of May 2026, the average apartment rent in Summit Argo, IL is $903 for one bedroom, and $1,697 for two bedrooms. Apartment rent in Summit Argo has increased by 1.9% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$903/month
650 Sq Ft
See Rental Market Trends in Summit Argo, IL

Getting Around

Somewhat Walkable

Walkability

20 / 100

Minimal Public Transit

Transit

10 / 100

Exceptionally Drivable

Drivability

100 / 100

Fairly Bikeable

Bikeability

40 / 100

Points of Interest

Top Apartments in Summit Argo

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.