A3 - 1 Bed + Den, 1 Bath
1 Bedroom • 1 Bath • 1,221 Sq Ft
Starting at $2,038/mo
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$2,038 – $2,548/mo
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.
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.
1 Bedroom • 1 Bath • 1,221 Sq Ft
Starting at $2,038/mo
1 Bedroom • 1 Bath • 1,221 Sq Ft
Starting at $2,095/mo
| 1 available unit | Price | Sq ft | Available | Open unit |
|---|---|---|---|---|
| 017-1 | $2,095 | 1,221 | Aug 22 |
1 Bedroom • 1.5 Baths • 1,221 Sq Ft
Starting at $2,133/mo
| 1 available unit | Price | Sq ft | Available | Open unit |
|---|---|---|---|---|
| 102-1 | $2,133 | 1,221 | Aug 7 |
1 Bedroom • 1.5 Baths • 1,221 Sq Ft
Starting at $2,140/mo
| 1 available unit | Price | Sq ft | Available | Open unit |
|---|---|---|---|---|
| 101-1 | $2,140 | 1,221 | Nov 6 |
2 Bedrooms • 2 Baths • 1,341 Sq Ft
Starting at $2,171/mo
2 Bedrooms • 2 Baths • 1,341 Sq Ft
Starting at $2,236/mo
See all 163 units listed at Albion on Lake Cook, including ones no longer available.
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
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
$ —/mo
See what you can afford here
Add your income and debts for a rent budget at this building.
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.
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/moEarliest move-in
Jun 27Parking - 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 |
Administrative Fee | $400 |
Application Fee | $15 |
Parking | $60/yr |
Pet Fee | $300 |
Utility - Final Bill Fee | $5.95 |
Utility - New Account Fee | $11.92 |
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
500 E Constitution Dr, Palatine, IL, 60074
Residents of Albion on Lake Cook rate location (3.8) and maintenance (3.3) highest and building quality (1.9) lowest.
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.
Albion on Lake Cook is car-dependent and somewhat bikeable.
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.
170 good-air days
of the past 365: Moderate, AQI 55
85° / 12°
average July high / January low: 66° high, 58° low
None
Oct 14–18 forecastTree: none, grass: none, weed: none
| Month | Average high | Average low | Average AQI | Good-air days |
|---|---|---|---|---|
| January | 27°F | 12°F | 47 (good) | 16 of 31 |
| February | 40°F | 23°F | 60 (moderate) | 5 of 28 |
| March | 51°F | 31°F | 53 (moderate) | 17 of 31 |
| April | 62°F | 42°F | 49 (good) | 17 of 30 |
| May | 69°F | 48°F | 46 (good) | 23 of 31 |
| June | 77°F | 60°F | 53 (moderate) | 11 of 30 |
| July | 85°F | 66°F | 68 (moderate) | 6 of 31 |
| August | 80°F | 64°F | 57 (moderate) | 5 of 31 |
| September | 75°F | 61°F | 52 (moderate) | 14 of 30 |
| October | 64°F | 49°F | 43 (good) | 23 of 31 |
| November | 48°F | 34°F | 41 (good) | 22 of 30 |
| December | 32°F | 18°F | 53 (moderate) | 11 of 31 |
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 · GardenTotal units
612The 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.
| School | Type | Level | Distance |
|---|---|---|---|
Kinder Care Learning Center Private · Elementary | Private | Elementary | 1.1 mi |
Palatine High School Public · High | Public | High | 1.4 mi |
A Plus Day School Private · Preschool | Private | Preschool | 1.6 mi |
Virginia Lake Elementary School Public · Elementary | Public | Elementary | 1.7 mi |
Jane Addams Elementary School Public · Elementary | Public | Elementary | 2.0 mi |
St Thomas Of Villanova School Private · Middle | Private | Middle | 2.4 mi |
Lake Louise Elementary School Public · Elementary | Public | Elementary | 2.5 mi |
Palatine Park Ps-Maple Park Private · Preschool | Private | Preschool | 2.6 mi |
Winston Campus Jr High School Public · Middle | Public | Middle | 2.8 mi |
Winston Campus Elementary School Public · Elementary | Public | Elementary | 2.8 mi |
Albion on Lake Cook is managed by Greystar. The leasing office's phone number is (847) 358-8888.
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