Starting at $595.00 to $745.00 1 bedroom / 1 bathroom Apartment. College Living at Winthrop Terrace. Winthrop Terrace is a nine story vintage high rise building originally constructed in 1926 as the Winthrop Terrace Hotel and later converted to the apartment building you see today. Winthrop Terrace offers several unique studio layouts available in various sizes and prices. All of the apartments have been newly renovated, and some of the newly installed details include new carpeting, kitchen tile, windows, fans, light fixtures, bathroom tile, bathroom cabinets, redesigned kitchens and well organized closets. For your convenience and planning, all utilities are included with the rent. There is no need for separate checks as rent, electric, heat, water, and cooking gas are all included in the same affordable monthly bill. Without question, Winthrop Terrace will provide you with the absolute best value for your money in studio apartment living. Winthrop Terrace is located in the Edgewater neighborhood just steps away from Lake Michigan, Ardmore, Hollywood, and Foster Beaches, Lake Shore Drive and the bike path, as well as grocery stores, restaurants, banks, Starbucks, and Loyola University. Transportation to and from Winthrop Terrace is a breeze as the building is conveniently close to the Red Line, Lake Shore Drive, and bus routes. Reserved parking is available for a separate charge and there is a laundry room available in the building as well. In addition, all of the apartments are already wired for any of your cable, phone, or internet needs. The standard lease term is a year but some shorter term leases are available as well.