New Franklin Building
720 S Dearborn St,
Chicago,
IL
60605
2 Weeks Ago
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New Franklin Building
Favorites
Highlights
- Walker's Paradise
- Premier Transit Location
- Bike-Friendly Area
- Elevator
- Views
Pricing & Floor Plans
Check Back Soon for Upcoming Availability
| Beds | Baths | Average SF | Availability |
|---|---|---|---|
| 1 Bedroom 1 Bedroom 1 Br | 1 Bath 1 Bath 1 Ba | 850 SF | Not Available |
| 2 Bedrooms 2 Bedrooms 2 Br | 1.5 Baths 1.5 Baths 1.5 Ba | 1,250 SF | Not Available |
| 2 Bedrooms 2 Bedrooms 2 Br | 2 Baths 2 Baths 2 Ba | 1,700 SF | Not Available |
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.
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Dogs
Max of 1
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Cats
Max of 1
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.
Details
Property Information
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Built in 1910
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58 units/13 stories
About New Franklin Building
Experience Chicago living at New Franklin Building. The 720 S Dearborn St location in the South Loop neighborhood of Chicago is perfectly situated for work or play. The leasing team is excited to help you find your perfect home. Drop by the leasing office to learn more about our community and see New Franklin Building.
New Franklin Building is an apartment community located in Cook County and the 60605 ZIP Code. This area is served by the Chicago Public Schools attendance zone.
Community Amenities
Laundry Facilities
Elevator
24 Hour Access
Bicycle Storage
- Laundry Facilities
- 24 Hour Access
- Elevator
- Storage Space
- Bicycle Storage
Apartment Features
Air Conditioning
Dishwasher
Microwave
Refrigerator
- Air Conditioning
- Heating
- Tub/Shower
- Dishwasher
- Disposal
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
- Carpet
- Views
720 S Dearborn St,
Chicago,
IL
60605
South Loop’s invigorating blend of business and pleasure attracts a wide range of residents who love to stay active and participate in a fast-paced, modern lifestyle. Located just south of central downtown, South Loop encapsulates most of the Grant Park area and borders the shore of Lake Michigan. Many locals are able to walk to work, and the exceptional access to public transportation makes it easy to get anywhere in the city.
This area’s diverse population includes students, musicians, politicians, artists, and professionals of many industries. A superb selection of world-class restaurants draws foodies from across the city, and the local nightlife incorporates everything from music venues to dive bars to swanky nightclubs. The famous museums of the neighborhood cater to more academic tastes, and the waterfront parks offer lush environments to relax and enjoy gorgeous views of the lake. With Soldier Field right next door, it’s the perfect location for Bears fans.
Learn more about living in South Loop
Average Prices by Area
Compare neighborhood and city base rent averages by bedroom.
| South Loop | Chicago, IL | |
|---|---|---|
| Studio | $2,218 | $1,627 |
| 1 Bedroom | $2,551 | $2,019 |
| 2 Bedrooms | $3,359 | $2,536 |
| 3 Bedrooms | $4,384 | $3,055 |
Below are rent ranges for similar nearby apartments
| Beds | Average Size | Lowest | Typical | Premium |
|---|---|---|---|---|
| Studio Studio Studio | 509-510 Sq Ft | $1,120 | $2,333 | $6,709 |
| 1 Bed 1 Bed 1 Bed | 722-723 Sq Ft | $900 | $2,783 | $8,785 |
| 2 Beds 2 Beds 2 Beds | 1071 Sq Ft | $849 | $3,568 | $12,897 |
| 3 Beds 3 Beds 3 Beds | 1428 Sq Ft | $999 | $4,502 | $27,144 |
| 4 Beds 4 Beds 4 Beds | 1280-1282 Sq Ft | $879 | $2,366 | $21,372 |
Amenities
- Laundry Facilities
- 24 Hour Access
- Elevator
- Storage Space
- Bicycle Storage
- Air Conditioning
- Heating
- Tub/Shower
- Dishwasher
- Disposal
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
- Carpet
- Views
Education
| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Walk: | 6 min | 0.3 mi | |
| Walk: | 7 min | 0.4 mi | |
| Walk: | 8 min | 0.4 mi | |
| Walk: | 10 min | 0.5 mi |
New Franklin Building is within 6 minutes or 0.3 mile from Robert Morris Univ., Ill.. It is also near DePaul University, Loop Campus and Columbia College Chicago.
Schools
Public Elementary & Middle School
Grades PK-8
Nearby
Public Elementary & Middle School
Grades PK-8
Attendance Zone
Public High School
Grades 9-12
Attendance Zone
Private Elementary, Middle & High School
Grades PK-12
Nearby
Private Elementary & High School
Grades K-5 & 9-12
Nearby
Private Elementary & High School
Grades K-5 & 9-12
Nearby
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by GreatSchools.org © 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by GreatSchools.org © 2026. All rights reserved.
Transportation options available in Chicago include Harrison Station, located 0.2 mile from New Franklin Building. New Franklin Building is near Chicago Midway International, located 10.5 miles or 17 minutes away, and Chicago O'Hare International, located 18.4 miles or 29 minutes away.
| Transit / Subway | Distance | ||
|---|---|---|---|
| Transit / Subway | Distance | ||
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Walk: | 4 min | 0.2 mi |
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|
Walk: | 6 min | 0.3 mi |
|
|
Walk: | 6 min | 0.3 mi |
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|
Walk: | 6 min | 0.4 mi |
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Walk: | 7 min | 0.4 mi |
| Commuter Rail | Distance | ||
|---|---|---|---|
| Commuter Rail | Distance | ||
|
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Walk: | 7 min | 0.4 mi |
|
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Walk: | 13 min | 0.7 mi |
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Walk: | 13 min | 0.7 mi |
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Drive: | 4 min | 1.2 mi |
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Drive: | 3 min | 1.2 mi |
| Airports | Distance | ||
|---|---|---|---|
| Airports | Distance | ||
|
Chicago Midway International
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Drive: | 17 min | 10.5 mi |
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Chicago O'Hare International
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Drive: | 29 min | 18.4 mi |
Walkability Near New Franklin Building
Getting Around
What do Walkability, Transit, Drivability, and Bikeability mean?
Walkability measures the walking distance to day-to-day needs.
Transit measures access to public transportation.
Drivability measures congestion, parking availability, and access to major roads.
Bikeability measures the suitability for cycling.
How It Works
Exceptionally Walkable
Walkability
100
/ 100
Exceptional Public Transit
Transit
100
/ 100
Fairly Drivable
Drivability
40
/ 100
Exceptionally Bikeable
Bikeability
90
/ 100
Scores provided by
What do Walkability, Transit, Drivability, and Bikeability mean?
Walkability measures the walking distance to day-to-day needs.
Transit measures access to public transportation.
Drivability measures congestion, parking availability, and access to major roads.
Bikeability measures the suitability for cycling.
How It Works
-
Soundscore™
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/ 100
Traffic
-Airport
-Businesses
-Scores provided by
HowLoud What is a Sound Score Rating? A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources. How It WorksTime and distance from New Franklin Building.
| Shopping Centers | Distance | ||
|---|---|---|---|
| Shopping Centers | Distance | ||
| Walk: | 19 min | 1.0 mi | |
| Drive: | 3 min | 1.2 mi | |
| Drive: | 3 min | 1.2 mi |
New Franklin Building has 3 shopping centers within 1.2 miles, which is about a 3-minute drive. The miles and minutes will be for the farthest away property.
| Parks and Recreation | Distance | ||
|---|---|---|---|
| Parks and Recreation | Distance | ||
|
Alliance for the Great Lakes
|
Walk: | 15 min | 0.8 mi |
|
Openlands
|
Walk: | 16 min | 0.9 mi |
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Grant Park
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Walk: | 18 min | 1.0 mi |
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Millennium Park
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Walk: | 19 min | 1.0 mi |
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Field Museum of Natural History
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Drive: | 3 min | 1.2 mi |
New Franklin Building has 5 parks within 1.2 miles, including Alliance for the Great Lakes, Openlands, and Grant Park.
| Hospitals | Distance | ||
|---|---|---|---|
| Hospitals | Distance | ||
| Drive: | 5 min | 2.1 mi | |
| Drive: | 5 min | 2.2 mi | |
| Drive: | 5 min | 2.3 mi |
New Franklin Building has 3 hospitals within 2.3 miles, the nearest is Northwestern Memorial Hospital which is 2.1 miles away and a 5 minute drive.
You May Also Like
Does New Franklin Building have in-unit laundry?
While New Franklin Building does not provide in‑unit laundry, on‑site laundry facilities are available for shared resident use.
What utilities are included in rent at New Franklin Building?
Utilities are not included in rent. Residents should plan to set up and pay for all services separately.
Is parking available at New Franklin Building?
Contact this property for parking details.
Is New Franklin Building pet-friendly?
Yes, New Franklin Building welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.
Does New Franklin Building have move-in specials?
New Franklin Building is not currently offering any rent specials. Check back soon, as promotions change frequently.
Does New Franklin Building offer Matterport 3D tours?
While New Franklin Building does not offer Matterport 3D tours, renters can request a tour directly through our online platform.
Similar Rentals Nearby
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources.
720 S Dearborn St
Chicago, IL 60605
Property Manager Responded