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Albion on Lake Cook 1 of 8

Albion on Lake Cook

$2,038 – $2,548/mo

  • 1–3 bedrooms
  • 1–2 baths
  • 1,221–1,341 sq ft
  • 28 units available
  • Pet friendly
500 E Constitution Dr, Palatine, IL, 60074

As of October 14, 2026, Albion on Lake Cook in Palatine, IL has 28 apartments for rent from $2,038 to $2,548/mo. One-bedrooms start at $2,038, two-bedrooms at $2,171, and three-bedrooms at $2,473. The average asking rent has fallen 1.5% since March 25, 2026, from $2,322 to $2,287.


Floor plans

Albion on Lake Cook has 28 units available across 7 floor plans: 4 one-bedroom layouts (1,221 sq ft), 2 two-bedroom layouts (1,341 sq ft), and a three-bedroom layout (1,341 sq ft). Prices checked October 14, 2026.

A3 - 1 Bed + Den, 1 Bath

1 Bedroom • 1 Bath • 1,221 Sq Ft

Starting at $2,038/mo

2 available unitsPriceSq ftAvailableOpen unit
036-1$2,0881,221Aug 6
044-1$2,0381,221Oct 25

A1 - 1 Bed, 1 Bath

1 Bedroom • 1 Bath • 1,221 Sq Ft

Starting at $2,095/mo

1 available unitPriceSq ftAvailableOpen unit
017-1$2,0951,221Aug 22

A4 - 1 Bed + Den, 1.5 Bath

1 Bedroom • 1.5 Baths • 1,221 Sq Ft

Starting at $2,133/mo

1 available unitPriceSq ftAvailableOpen unit
102-1$2,1331,221Aug 7

A2 - 1 Bed, 1.5 Bath

1 Bedroom • 1.5 Baths • 1,221 Sq Ft

Starting at $2,140/mo

1 available unitPriceSq ftAvailableOpen unit
101-1$2,1401,221Nov 6

C1 - 2 Bed, 2 Bath

2 Bedrooms • 2 Baths • 1,341 Sq Ft

Starting at $2,171/mo

9 available unitsPriceSq ftAvailableOpen unit
100-6$2,1711,341Aug 24
102-3$2,2211,341Aug 24
069-5$2,2211,341Aug 27
071-3$2,2211,341Sep 13
087-2$2,2461,341Sep 19
099-3$2,1711,341Sep 22
095-4$2,2211,341Sep 24
016-5$2,2211,341Sep 28
028-5$2,2211,341Sep 28

C2 - 2 Bed + Den, 2 Bath

2 Bedrooms • 2 Baths • 1,341 Sq Ft

Starting at $2,236/mo

9 available unitsPriceSq ftAvailableOpen unit
081-4$2,2861,341Aug 16
081-3$2,3361,341Aug 16
012-2$2,3111,341Aug 28
061-3$2,2361,341Sep 13
058-2$2,3111,341Sep 18
022-4$2,2361,341Sep 21
019-2$2,3111,341Sep 22
023-3$2,2361,341Sep 30
092-6$2,2361,341Oct 3

D1 - 3 Bed, 2 Bath

3 Bedrooms • 2 Baths • 1,341 Sq Ft

Starting at $2,473/mo

5 available unitsPriceSq ftAvailableOpen unit
055-6$2,5231,341Jun 27
062-5$2,5481,341Jul 4
023-6$2,5231,341Aug 7
053-6$2,4731,341Sep 5
071-6$2,5231,341Nov 3

See all 163 units listed at Albion on Lake Cook, including ones no longer available.


Cost to rent here

At Albion on Lake Cook, a one-bedroom starts at about $2,454 a month all-in: $2,038 rent, $217 in listed fees, and an estimated $199 for electric and gas, internet, renters insurance, and laundry. A two-bedroom starts at about $2,624 and a three-bedroom at about $2,975.

All-in from$2,454/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 Albion on Lake Cook takes about $73,368 a year for a one-bedroom, $78,156 for a two-bedroom, and $89,028 for a three-bedroom. Keeping the $2,454 all-in month for a one-bedroom within 35% of take-home pay takes an income of about $115,200 a year.

Total monthly housing cost

$2,454/mo

Income to afford it comfortably

$115,200/yr

Income to qualify

$73,368/yr

Your estimated budget

Suggested rent budget, 1 bedroom

$ —/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 Albion on Lake Cook has ranged from $2,181 to $2,448. The current average is $2,287, down $36 (1.5%) from $2,322 at the start.

Prices reflect the average advertised rent across units listed as available each day (164 days observed).

Fees & lease terms

The listing for Albion on Lake Cook shows $216.84 a month in fees (parking garage $125, pet rent $45, trash services hauling $16, and 3 more) and $792.87 due at signing (administrative fee $400, pet fee $300, parking $60, and 3 more).

  • Rent

    $2,038 – $2,548/mo
  • Earliest move-in

    Jun 27

Monthly fees

Parking - Garage

$125/mo

Pest Control Services

$10/mo

Pet Rent

$45/mo

Renters Liability/Content - Property Program

$15.05/mo

Trash Services - Hauling

$16/mo

Utility - Billing Administrative Fee

$5.79/mo

Due at signing

Administrative Fee

$400

Application Fee

$15

Parking

$60/yr

Pet Fee

$300

Utility - Final Bill Fee

$5.95

Utility - New Account Fee

$11.92

Amenities

Albion on Lake Cook is pet friendly. It lists 11 amenities, including 24-hour fitness center, outdoor pool & sundeck, and patio/balcony.

  • 24-Hour Fitness Center

  • Exclusive Resident Lounge With Tvs

  • Fitness Center

  • Outdoor Pool & Sundeck

  • Patio/Balcony

  • Pet Friendly

  • Pet Park

  • Pickleball And Basketball Courts

  • Playground

  • Smoke Free

  • Walk-In Closets


Amenity photos

  • Pool
    2 photos

Location

500 E Constitution Dr, Palatine, IL, 60074


Resident reviews

Residents of Albion on Lake Cook rate location (3.8) and maintenance (3.3) highest and building quality (1.9) lowest.

3.2 · 200+ reviews
Overall rating
Positive
Mixed
Neutral
Negative
Management2.6
Maintenance3.3
Amenities and Shared Spaces2.6
Building Quality1.9
Location3.8
Overall100 reviews

Albion on Lake Cook offers renovated apartments with appealing amenities and a peaceful location, but residents report significant challenges with management responsiveness, maintenance delays, and building condition issues. While individual maintenance staff members receive consistent praise for professionalism and friendliness, systemic problems including slow service request resolution, communication gaps, high utility costs due to poor insulation, and billing disputes create frustration. Leasing staff are frequently noted as helpful, but post-move-in support deteriorates markedly.

Management responsiveness and communication are significant concerns, with residents reporting delayed responses to calls, emails, and maintenance requests that can take weeks or months to resolve. While some residents praise individual leasing staff members for professionalism and helpfulness during the move-in process, post-move-in interactions with management are frequently described as unresponsive and dismissive. Billing issues, including unexpected charges and collection agency referrals, are recurring problems. The maintenance team itself receives consistent praise for friendliness and quality work when they arrive.

Maintenance staff are consistently praised for friendliness, professionalism, and responsiveness on individual repair requests, with many residents reporting same-day or next-day service for work orders. However, systemic issues persist: response times for non-urgent repairs frequently extend to weeks or months, plumbing problems recur without permanent fixes, and HVAC/insulation deficiencies create ongoing comfort and utility cost concerns. The disconnect between individual maintenance worker quality and broader property maintenance failures suggests staffing or resource constraints limit follow-through on complex repairs.

The property offers extensive amenities including a 24-hour gym, pool, dog park, playground, and in-unit laundry in renovated units. However, residents report significant concerns with maintenance responsiveness (repairs taking weeks to months), common area upkeep (dirty pool and stairwells), package theft, and unclear utility billing practices. Management communication and follow-up on service requests are frequently cited as problematic.

Residents report significant building quality issues including poor insulation leading to high utility bills ($250-$500/month), persistent plumbing problems with frozen/clogged kitchen sink drainage on exterior walls, and inadequate noise insulation between units. While maintenance staff are described as friendly and responsive, repair timelines are slow (weeks to months), and renovated units contain incomplete work, uneven floors, and poor-quality finishes. Common areas including grounds, pool, and parking areas are frequently dirty and poorly maintained.

Residents report mixed experiences with the location's convenience and nearby amenities. The property offers access to dining and shopping options, and the surrounding area is generally quiet. However, poor building insulation and sealing create significant utility cost concerns, with some residents reporting winter heating bills of $250–$300+ monthly despite low thermostat settings. Maintenance responsiveness is noted as a strength, though response times to work orders can extend several months.

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

Getting around

Albion on Lake Cook is car-dependent and somewhat bikeable.

Walking
Car-dependent
Grade F
Biking
Somewhat bikeable
Grade D

Climate and air quality

Air quality near Albion on Lake Cook was good on 170 of the past 365 days, and at its worst in July (average AQI 68, moderate). Daily highs averaged 85°F in July, the warmest month, and lows averaged 12°F in January, the coldest.

Air quality

170 good-air days

of the past 365

: Moderate, AQI 55

Temperature

85° / 12°

average July high / January low

: 66° high, 58° low

Pollen

None

Oct 14–18 forecast

Tree: none, grass: none, weed: none

MonthAverage highAverage lowAverage AQIGood-air days
January27°F12°F47 (good)16 of 31
February40°F23°F60 (moderate)5 of 28
March51°F31°F53 (moderate)17 of 31
April62°F42°F49 (good)17 of 30
May69°F48°F46 (good)23 of 31
June77°F60°F53 (moderate)11 of 30
July85°F66°F68 (moderate)6 of 31
August80°F64°F57 (moderate)5 of 31
September75°F61°F52 (moderate)14 of 30
October64°F49°F43 (good)23 of 31
November48°F34°F41 (good)22 of 30
December32°F18°F53 (moderate)11 of 31
Daily readings from Oct 15, 2025 to Oct 14, 2026. The pollen chart shows typical US seasons.

About this property

Albion on Lake Cook is a 612-unit building in Palatine, IL.

Here at Albion on Lake Cook, it’s all about you. Choose from our generous selection of spacious and beautifully appointed one, two, and three bedroom apartments in Palatine IL, and prepare to begin living your life to the fullest in a newly renovated apartment, complete with stainless steel appliances, white marble countertops, and luxurious vinyl plank flooring, surrounded by nature with stunning views of the lake from your private patio or balcony, and access to dozens of convenient high-end amenities.This pet-friendly community is just minutes away from downtown Schaumburg and major highways, putting the world at your fingertips.

  • Building

    Apartment · Garden
  • Total units

    612

Nearby schools

The closest school to Albion on Lake Cook is Kinder Care Learning Center, a private elementary school 1.1 miles away. The closest public school is Palatine High School, 1.4 miles away.

SchoolTypeLevelDistance

Kinder Care Learning Center

Private · Elementary
PrivateElementary1.1 mi

Palatine High School

Public · High
PublicHigh1.4 mi

A Plus Day School

Private · Preschool
PrivatePreschool1.6 mi

Virginia Lake Elementary School

Public · Elementary
PublicElementary1.7 mi

Jane Addams Elementary School

Public · Elementary
PublicElementary2.0 mi

St Thomas Of Villanova School

Private · Middle
PrivateMiddle2.4 mi

Lake Louise Elementary School

Public · Elementary
PublicElementary2.5 mi

Palatine Park Ps-Maple Park

Private · Preschool
PrivatePreschool2.6 mi

Winston Campus Jr High School

Public · Middle
PublicMiddle2.8 mi

Winston Campus Elementary School

Public · Elementary
PublicElementary2.8 mi

Contact & management

Albion on Lake Cook is managed by Greystar. The leasing office's phone number is (847) 358-8888.


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