Earn $50 Amazon Gift Card!
Refer a friend and get $50 Amazon Gift Card.
Join the movement, be inspired in one of Chicagos National Register of Historic Places. Formally known as an Electrical Gear Factory in the past century, 410 S Morgan St is now accompanying The West Loop to embrace the new and familiar faces in the city of Chicago. Network with like-minded individuals, work from home in an innovative environment, collaborate with local businesses all from the comfort of your home. Productivity and growth have no rest, so embrace the new way of living with us at Letterman Chicago
Community Amenities
Apartment Amenities
Configurations
Room Amenities
Room Amenities
Booking Details
Cancellation Policy:-
Early Termination by Tenant:-
Tenant acknowledges that there is no right to early termination of the Lease and Tenant will not be released from the Lease for any
reason, including but not limited to voluntary or involuntary school withdrawal or transfer, voluntary or involuntary job transfer, marriage, or property purchase.
However, The Letterman Chicago offers both a sublet and a relet option. In both instances, leaseholder must find someone to take over lease. The relet option is $300 fee and leaseholder is no longer liable after all required paperwork is completed and the new relet is approved. Sublet option is a $600 marketing fee and the leaseholder subletting is still responsible should the new resident default, cause damages in the apartment, etc.
Payment Details
Payment Info:-
They do not have a security deposit, but rather a lease protect fee that is based on either the lease holders credit or income or their guarantors credit/income.
Mode Of Payments:-
Booking can be made Via via debit card, credit card or e-check.
Additional Payments:-
FEES (non-refundable)
Application Fee - $30
Move-in Fee - $150
-Offsets the costs associated with the day-to-day operations of the Property throughout the term of the tenancy including, but not limited
to, trash removal, water and sewer fees, landscaping and snow removal.
-Also includes the cost for provided mattress cover.
Lease Protect Fee - $88 $500
- One-time non-refundable fee. No security deposit, this is their alternative.
- Fee amount based on credit check of guarantor
If no guarantor, will pay $500 Lease Protect Fee
Renters insurance
- Can have personal renters insurance (must provide proof and meet criteria; listed in lease)
OR opt in for Their Master policy - $15 per month
Additional Fees (must complete additional paperwork):
Parking - $200 per month
Pet Fees
o $350 non-refundable pet fee
o Additional $25 per month pet rent
Frequently Asked Questions
What does individual leasing mean?
Individual leasing means 1 person per bed space and each rate is per bed space.
What is a guarantor and what are the requirements:
A guarantor is someone who is financially responsible for the lease. Must be US citizen, make 3x monthly rent, minimum 550 credit score.
Can a resident self-qualify in lieu of guarantor?
Yes, must provide 3 months worth of pay stubs to verify income.
Do you prorate rent?
No, they do not. They take the lump sum of market value rent and divide it into 12 equal installments.
What are the requirements for renter’s insurance?
Must obtain personal property liability insurance of minimum of $100,000 for the entire lease term.
Can residents live co-ed?
Yes, however they do not match residents co-ed. For example, if a male and female wanted to live together but sign for a 4 bedroom apartment, they would have to fill the entire unit or rent all 4 bed spaces within that unit.