Where to stay in Chicago SA

Hello all,

I have a SA stint in Chicago for next summer and wondering where do interns normally stay? Bank hasn’t told me any information regarding lodging details but I will get a 2,500 stipend for it.

8 Comments
 
Most Helpful

The Buckingham ("The Buck") and Arc at Old Colony are a couple options I'd recommend. They do summer housing specifically designed for interns, so most other interns in your class will likely be staying in one of them. They are great because 1) they do short term rentals (10 week/2 month), 2) they are very close to where you'll be working and 3) you'll be surrounded by tons of other people doing the same thing as you (i.e., other interns) vs. being surrounded by people years older than you. The one downside is that they are located in the loop, which is not a great location for nightlife, but it's an easy Uber/L ride to get to River North/Old Town/LP/etc. I'm not sure on pricing, but your stipend should at least cover a chunk of it, assuming you have a roommate or two.

Definitely start looking as soon as you know you are going to be in Chicago because they book up fast once people start receiving offers

 

Dolorem adipisci sed explicabo quidem omnis quaerat. Eaque iusto adipisci quia. Vitae consequatur asperiores similique a nam.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (78) $151
  • Intern/Summer Analyst (72) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”