1036 N. Dearborn Apartments: Renters Insurance Guide & What It Actually Costs

Last updated Apr 16, 2026

Thinking about renting at 1036 N. Dearborn Apartments in North Lakefront? Rent here runs $1,445 – $1,995, and renters insurance adds about $17/mo. Below we break down which carriers are cheapest for this building and what the lease actually requires.

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1036 N Dearborn St, Chicago, IL 60610

North Lakefront

Built 1929 10 stories 135 units
3.9/5 ·23 reviews Google
4/5 ·4 reviews Apt. Finder
$1,445 – $1,995 /month

Monthly Cost Breakdown at 1036 N. Dearborn Apartments

The listed rent isn't the whole number. Here's what 1036 N. Dearborn Apartments actually costs each month once you add required fees and insurance.

Total Monthly Cost $1,462 – $2,012
Base Rent $1,445 – $1,995
Est. Renters Insurance $17/mo

Renters Insurance at 1036 N. Dearborn Apartments

What Affects Your Premium Here

Every building is different. These factors specific to 1036 N. Dearborn Apartments can push your insurance cost up or down:

Older Building

Built in 1929 — older plumbing/electrical may increase risk

Open Access

No gated or controlled access — higher theft exposure

FEMA Flood Zone

Zone X — minimal flood risk

FBI UCR

Property crime rate: 3028/100K (92% above national average)

What You'll Likely Pay

$17

Est. Monthly

$206

Est. Annual

$15

State Avg/mo

How Much Coverage Makes Sense

Renters insurance has two main pieces: personal property coverage, which pays to replace your belongings if they're stolen or damaged (think furniture, electronics, clothes), and liability coverage, which protects you if someone gets hurt in your unit or you accidentally damage someone else's property. Here's what we'd recommend for 1036 N. Dearborn Apartments based on the rent level and building features.

Personal Property

What your stuff is worth

$30,000 recommended

If you own less

$20,000

If you own more

$50,000

Liability

Covers accidental harm & lawsuits

$100,000 recommended

Standard minimum for most lease requirements in Illinois. Cats present minimal liability risk vs dogs.

How Carriers Compare for This Area

Not all carriers price the same zip code equally. Here's how the major options stack up near 1036 N. Dearborn Apartments:

Carrier Monthly Annual
Lemonade $9/mo $108/yr
USAA $10/mo $122/yr
State Farm $14/mo $162/yr
Progressive $15/mo $176/yr
Safeco $15/mo $176/yr
Travelers $16/mo $189/yr
Allstate $17/mo $203/yr
Nationwide $17/mo $203/yr
Farmers $18/mo $216/yr
Liberty Mutual $20/mo $243/yr

Discounts You May Qualify For

Claims-free (if applicable)
-10%
Pay-in-full annual
-7%
Paperless/autopay
-3%
Multi-policy bundle
-10%

Next Step

See if you can beat $17/mo

4 discounts may apply here. Real quotes show your actual price — estimates can't.

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Property Crime & Theft Risk

Renters insurance pricing is driven by property crime — theft, burglary, and vehicle break-ins — not violent crime. Here's what the FBI's Uniform Crime Reporting data shows for Chicago.

Chicago property crime rate

3,028

per 100K residents

92% above U.S. avg

U.S. avg is 1,578 per 100K

Breakdown per 100K residents

Burglary
237 / 200
Larceny / theft
2,111 / 1,172
Vehicle theft
680 / 206

U.S. average

Higher-than-average property crime is why insurance carriers charge more in this zip code — your premium reflects the claims frequency for the area. 1036 N. Dearborn Apartments also has on-site security features (Property manager on site) that insurers recognize with discounts.

Source: FBI UCR Program, Chicago (2024-12 to 2025-11)

On-Site Security

Property manager on site

Flood Risk

Standard renters insurance does not cover flood damage. FEMA maps every property into a flood zone — here's what that means for 1036 N. Dearborn Apartments.

FEMA Zone X (Area Of Minimal Flood Hazard) — Minimal flood risk

Flood insurance optional but inexpensive in this zone.

Flood zone data from FEMA National Flood Hazard Layer (NFHL). Zones can change — verify at FEMA Flood Map Service.

Fees Beyond Rent

These are the additional charges beyond base rent at 1036 N. Dearborn Apartments. Some are monthly, some are one-time — all of them affect your actual cost of living here.

Required Fees

Application Fee Per Applicant

Charged per applicant.

$75

Administrative Fee

Charged per unit.

$195

Amenities

Community Features

Laundry Facilities 24 Hour Access Elevator Sundeck Fitness Center

Floor Plan Amenities

High Speed Internet Access Air Conditioning Heating Smoke Free Security System Dishwasher Kitchen Microwave Refrigerator Hardwood Floors Walk-In Closets Deck

Pet Policy

Bringing a pet? Here's what 1036 N. Dearborn Apartments allows. Standard renters insurance typically covers pet-related incidents, so you usually won't need any add-on coverage for a cat.

Cats Allowed
$250 Fee

About 1036 N. Dearborn Apartments

Year Built: 1929
Stories: 10 stories
Units: 135
Phone: (844) 625-1190

From the property listing:

The Dearborn Street Station was a hub of railroad travel. A gateway to the west coast, it had frequent celebrity sightings, countless Hollywood elite of the 20s, 30s and 40s making their way back to TinselTown. Today, a short trip from the landmark station's restored clock tower and shopping plaza is 1036North Dearborn. This Chicago rental offers a wrought iron atrium-style entranceway that welcomes you. Inside, your downtown apartment offers with, among other wonderful things, new kitchen appliances, hardwood floors, walk-in closets, and individual climate control.

Other Options Nearby

Still weighing your choices? These communities are in the same part of Chicago — compare rent and estimated insurance cost side by side.

Frequently Asked Questions

Does 1036 N. Dearborn Apartments require renters insurance?
We didn't find a public insurance requirement for 1036 N. Dearborn Apartments, but that doesn't mean there isn't one. Many communities add the requirement during lease signing. It's worth asking the leasing office directly — and even if it's not required, a policy typically runs under $20/month and covers you against theft, fire, and liability.
How much is renters insurance at 1036 N. Dearborn Apartments?
For this zip code and building type, expect to pay around $17/month ($206/year). For context, the statewide average is $15/month, so this building is above average.
What will I actually pay per month at 1036 N. Dearborn Apartments?
Plan for $1,462 to $2,012/month all-in. That's base rent ($1,445 – $1,995), plus roughly $17/month for renters insurance. Most apartment listing sites don't include those last two — so the sticker price can be misleading.
Does 1036 N. Dearborn Apartments allow pets?
Yes, 1036 N. Dearborn Apartments is pet-friendly. Here are the details: Cats Allowed. $250 Fee. Standard renters insurance covers pet-related liability at no extra cost.
How safe is the area around 1036 N. Dearborn Apartments?
Property crime in Chicago runs noticeably higher than the national average — 3,028 incidents per 100,000 residents versus the U.S. average of 1,578. That's the metric insurance carriers care about most for renters coverage, since property crime (theft, burglary, vehicle break-ins) drives most claims. Burglary specifically is 237/100K here. On the property itself, you'll find property manager on site — features that can qualify for premium discounts.
What floor plans does 1036 N. Dearborn Apartments offer?
There are 2 floor plans to choose from, spanning 1-bedroom, studio layouts. Rent ranges from $1,445 – $1,995. Your unit size can affect your insurance cost too — a larger unit typically means more belongings to cover.

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Disclaimer

The information on this page — including rent prices, fees, floor plans, amenities, insurance requirements, and safety data — is collected from publicly available sources and may not reflect the most current details. Apartment communities may update their offerings, policies, and pricing at any time. Always confirm details directly with the leasing office or the community's official website before making any decisions.

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