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Savoy Square – Exterior

Savoy Square

$248 – $1,106/mo

  • 2–4 bedrooms
  • 1–2 baths
  • 1,021–1,649 sq ft
  • 4 units available
4448 S State St, Chicago, IL, 60609

As of November 2, 2026, Savoy Square in Chicago, IL has 4 apartments for rent from $248 to $1,106/mo. Two-bedrooms start at $248 and 4-bedrooms at $248. The average asking rent has fallen 44.6% since July 15, 2026, from $835 to $463.


Floor plans

Savoy Square has 4 units available across 2 floor plans: a two-bedroom layout (1,021 sq ft) and a 4-bedroom layout (1,649 sq ft). Prices checked November 2, 2026.

2 Bedroom

2 Bedrooms • 1 Bath • 1,021 Sq Ft

Starting at $248/mo

3 available unitsPriceSq ftAvailableOpen unit
73$2481,021Aug 4
135$2481,021Sep 4
71$1,1061,021Oct 2

4 Bedroom

4 Bedrooms • 2 Baths • 1,649 Sq Ft

Starting at $248/mo

1 available unitPriceSq ftAvailableOpen unit
99$2481,649Mar 2

See all 12 units listed at Savoy Square, including ones no longer available.


Cost to rent here

At Savoy Square, a two-bedroom starts at about $584 a month all-in: $248 rent and an estimated $336 for electric, gas, water, internet, and renters insurance. A 4-bedroom starts at about $688.

All-in from$584/mo

Estimates are local averages, not quotes from the property.

Can you afford it?

Most landlords ask for a monthly income of about 3× the rent, so qualifying at Savoy Square takes about $8,928 a year for a two-bedroom and $8,928 for a 4-bedroom. Keeping the $584 all-in month for a two-bedroom within 35% of take-home pay takes an income of about $23,800 a year.

Total monthly housing cost

$584/mo

Income to afford it comfortably

$23,800/yr

Income to qualify

$8,928/yr

Your estimated budget

Suggested rent budget, 2 bedrooms

$ —/mo

See what you can afford here

Add your income and debts for a rent budget at this building.

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Rent history

Over the past year, the average asking rent at Savoy Square has ranged from $463 to $835. The current average is $463, the lowest in the past year.

Prices reflect the average advertised rent across units listed as available each day (99 days observed).

Fees & lease terms

At Savoy Square, leases run 12 months.

  • Rent

    $248 – $1,106/mo
  • Lease term

    12 months
  • Earliest move-in

    Mar 2

Amenities

Savoy Square has a laundry room on site. It lists 15 amenities, including secure bicycle parking and dishwasher.

  • Community Center

  • Computer Room

  • Controlled Access

  • Screen Doors

  • Secure Bicycle Parking

  • 8 Ft Ceilings

  • Brand New Rental Apartments With Brick Construction

  • Carpet

  • Dishwasher

  • Energy Star Efficient Appliances Including Frost-Free Refrigerator, Stove & Dishwasher

  • Individual Climate Control

  • Large Closets

  • On-Site Laundry Facility

  • Separate Dining Room

  • Spacious 1, 2, 3 And 4 Bedroom Townhouses & Flats


Location

4448 S State St, Chicago, IL, 60609


Resident reviews

Savoy Square has a 4.2 out of 5 rating from resident reviews. Residents rate location (5.0) highest and management (1.5) lowest.

4.2
Overall rating
Positive
Mixed
Neutral
Negative
Management1.5
Location5.0
Overall28 reviews

Most residents report positive experiences with the property, citing friendly staff, convenient location, and pleasant amenities including a vegetable garden area. However, a notable minority experienced significant communication and responsiveness issues during the leasing process, with some applicants reporting delayed callbacks and unresolved follow-ups from management. Recent renovations and nearby retail access are appreciated, though limited parking has been noted as a drawback.

Residents reported significant communication and responsiveness issues with management staff. Follow-up commitments were not honored, with residents waiting weeks without callbacks or updates after initial contact. One resident also noted a dismissive response from staff when raising safety concerns about the property area.

The property offers convenient walkability to nearby retail, with easy access to pharmacies and stores within the immediate area. This location advantage supports day-to-day errands and shopping needs.

Summaries are written by AI from reviews residents posted on public review sites. Each topic shows how many of those reviews discuss it.

Getting around

Savoy Square is walkable and somewhat bikeable, and transit is good.

Walking
Walkable
Grade C
Transit
Good
Grade C
Biking
Somewhat bikeable
Grade D

About this property

Come to a home you deserve located in Chicago, IL. Savoy Square has everything you need . Call today!


Nearby schools

The closest school to Savoy Square is Jones Academy Head Start, a private preschool 0.3 miles away. The closest public school is Hendricks Elementary Community Academy, 0.4 miles away.

SchoolTypeLevelDistance

Jones Academy Head Start

Private · Preschool
PrivatePreschool0.3 mi

Beethoven Head Start

Private · Preschool
PrivatePreschool0.3 mi

Hendricks Elementary Community Academy

Public · Middle
PublicMiddle0.4 mi

Mount Of Transformation Christian School

Private · High
PrivateHigh0.5 mi

Center School Horizon Head Start

Private · Preschool
PrivatePreschool0.6 mi

Graham Head Start

Private · Preschool
PrivatePreschool0.9 mi

Graham A Elementary School

Public · Middle
PublicMiddle0.9 mi

Air Force Academy High School

Public · High
PublicHigh1.0 mi

Beasley Elementary Magnet Academic Center

Public · Middle
PublicMiddle1.0 mi

Firman House South Head Start

Private · Preschool
PrivatePreschool1.3 mi

Contact & management

Savoy Square is managed by The Michaels Organization. The leasing office's phone number is 773.855.2205.


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