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Summit Argo, IL Area Guide

Avg Rent

$908

Population

11,439

Renter Mix

50% Rent

A diverse, close-knit suburb minutes from Downtown Chicago

Diverse Restaurants Historic

Summit Argo carries a lot of history for a city of roughly 11,000 people. The name "Summit" dates to 1836 and marks the highest point on the Chicago Portage, the geographic divide between the northeast-flowing Chicago River and the southwest-flowing Des Plaines River. The Argo section, annexed in 1911, takes its name from a cornstarch and baking powder manufacturing plant that once anchored the local economy. That industrial heritage still shapes the city's character today, though many residents now commute into Chicago, about 20 minutes away, for work. The housing stock reflects the city's affordable positioning within the broader Chicago metro area. Renters will find a practical mix of single-family rental homes, modest apartment communities, and smaller multi-unit buildings spread across residential streets. Rents here run well below Illinois averages, making Summit Argo one of the more budget-conscious options for those who want reasonable access to the city without paying Chicago prices. Moraine Valley Community College and Concordia University are both within a short drive, adding an academic presence to the area. Day-to-day life here has a grounded, close-knit feel. The Summit Park District serves as a community anchor, and Chicago Midway International Airport sits just over six miles away, a convenience that is hard to overlook for frequent travelers.

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 August 2026, the average apartment rent in Summit Argo, IL is $908 for one bedroom, and $1,706 for two bedrooms. Apartment rent in Summit Argo has increased by 1.8% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$908/month
650 Sq Ft
See Rental Market Trends in Summit Argo, IL

Learn More About Summit Argo

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

Houses for Rent in Summit Argo

Living in Summit Argo

History

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Summit's name has been in use since 1836, marking the highest point on the historic Chicago Portage, the critical overland route connecting the Great Lakes watershed to the Mississippi River system via the Des Plaines River. That geographic significance drew settlement and commerce early on, and the waterways that defined the portage still border the community today in the form of the Des Plaines River and the Chicago Sanitary and Ship Canal. The area's industrial identity deepened when the Argo subdivision was annexed in 1911, taking its name from the nearby Corn Products Refining Company plant, which produced the widely recognized Argo cornstarch brand. That manufacturing legacy shaped the physical character of the community and its relationship to the broader Chicago economy. Summit is also noted as a claimed setting for Ernest Hemingway's short story "The Killers," giving the community an unexpected literary footnote that locals still reference today.

Restaurants

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Summit Argo has a notable dining scene, with a strong presence of Mexican and Central American cuisine found in family-owned restaurants and taquerias scattered throughout town. The Archer Avenue corridor serves as a natural gathering point for local eateries, offering everyday dining options that feel rooted in the neighborhood rather than imported from elsewhere.

Transportation

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Summit Argo is a car-dependent community where most residents rely on personal vehicles for daily errands and commuting. Interstate 55 (Stevenson Expressway) and I-294 (Tri-State Tollway) provide regional highway access, placing Downtown Chicago about 20 minutes away under normal traffic conditions. Archer Avenue serves as the main local arterial. Commuters have access to Metra's Heritage Corridor line at Summit Station, roughly 15 minutes away by car, with service into Chicago's Union Station. Chicago Midway International Airport sits just 6 miles away, about an 18-minute drive, while O'Hare International Airport is reachable in under 45 minutes. The CTA Orange, Pink, and Blue lines are accessible within a short drive, expanding transit options for those headed into the city.

Parks

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The Summit Park District serves as a community gathering hub for outdoor recreation and leisure. Nearby, White Eagle Woods North and South are both within a 15-minute drive, offering natural woodland settings ideal for walking, nature exploration, and quiet retreats. Buffalo Woods and Andrew Toman Grove are also accessible within about 20 minutes, providing additional green space for outdoor activities. One of the area's most notable regional draws is Brookfield Zoo Chicago, just over six miles away, a world-class zoological park home to hundreds of animal species and expansive, walkable grounds. The Des Plaines River and the Chicago Sanitary and Ship Canal border the community, adding a scenic waterway presence to the area's natural landscape.

Cost

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Summit Argo offers notably affordable rents compared to the broader Chicago metro area. One-bedroom apartments average $907 per month, well below the Illinois statewide average of $1,736 and considerably lower than most Chicago-area communities. Two-bedroom units average $1,704 per month. Both figures have seen modest year-over-year increases of about 2.5 percent. The housing stock is a mix of single-family homes and apartments. Direct cost of living index data is not available for Summit Argo, though the Chicago metro overall runs above the national average.

Shopping

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Summit Argo's retail options are modest and practical. Locally owned shops and small businesses line the Archer Avenue corridor, offering everyday essentials alongside the kinds of neighborhood staples that long-time residents rely on. For broader shopping needs, Summit Center and a local shopping center are both within a short drive and provide a range of everyday retail options. Those looking for a larger shopping destination can head to The Quarry, about 18 minutes away, which expands the selection considerably. The proximity to Chicago also means that residents are never far from the full range of retail the metro area offers.

Highlights

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Summit Argo sits at the historic high point of the Chicago Portage, just 20 minutes from Downtown Chicago, with one-bedroom rents averaging $907 per month, well below metro-area norms. Brookfield Zoo Chicago lies six miles away, Metra's Heritage Corridor connects commuters to Union Station, and the Archer Avenue corridor anchors local dining and retail for everyday needs.

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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 June 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.