Highlights
- Professionally managed
- Modern finishes
- Professional team
- Generous living areas
Nearby rentals
Renter hub
Property management
One-time.
One-time. Refundable.
No pets allowed.
Questions about this property’s policies and fees?
AVAILABLE NOW!! Welcome to this beautifully maintained and thoughtfully updated residence at 1945 W 48th Street – Unit 2, located in the heart of Chicago's vibrant Back of the Yards community. This spacious unit offers a well-designed layout featuring generous living areas filled with natural light, modern finishes, and a comfortable flow ideal for both everyday living and entertaining. The unit showcases updated flooring, a contemporary kitchen with ample cabinetry and counter space, and well-proportioned bedrooms that provide both comfort and functionality. Large windows enhance the bright and airy atmosphere throughout the home. Conveniently situated near public transportation, local parks, shopping, and dining, this property offers both accessibility and neighborhood charm. Professionally managed and move-in ready, this is an excellent opportunity to enjoy quality living in a prime Chicago location. Schedule your private tour today and make this charming apartment your next home! Utilities Tenant responsible for electricity and gas. Rental Terms •Application Fee: $65 per applicant (non-refundable) •Move-in Fee: Half of the first month's rent due within 48 hours of approval (non-refundable) Approval Requirements Applications will not be processed without required documentation. •Minimum 575 Equifax credit score •No evictions, bankruptcies, judgments, felony convictions, or collections •Verified one-year lease history •Employment verification (6+ months on the job; employer contact required) •Net monthly income 3x rent after taxes •Minimum one-year lease •All applicants 18+ must apply •3-bedroom voucher holders welcome Pet Policy No pets allowed At PIP Realty Group, we're committed to providing our residents with a clean, safe, and comfortable place to call home. Our professional team is here to guide you every step of the way, ensuring a seamless leasing experience and attentive support whenever you need it. • Schedule your viewing today at piprent. com
How 1945 W 48th St, Chicago, IL 60609, USA compares to other nearby properties.
Positives
| Neighborhood | New City |
|---|---|
| Zip code | 60609 |
| Type | Apartment for rent |
3-bedroom apartments at 1945 W 48th St #1945-2 cost about the same as the average rent price for 3-bedroom apartments in Chicago.
| Month | Median Rent |
|---|---|
| April 2024 | $2,997 |
| May 2024 | $3,130 |
| June 2024 | $3,237 |
| July 2024 | $3,286 |
| August 2024 | $3,019 |
| September 2024 | $3,002 |
| October 2024 | $2,997 |
| November 2024 | $2,921 |
| December 2024 | $2,891 |
| January 2025 | $2,880 |
| February 2025 | $2,917 |
| March 2025 | $2,888 |
| April 2025 | $2,911 |
| May 2025 | $2,944 |
| June 2025 | $2,961 |
| July 2025 | $2,986 |
| August 2025 | $2,854 |
| September 2025 | $2,699 |
| October 2025 | $2,650 |
| November 2025 | $2,839 |
| December 2025 | $2,640 |
| January 2026 | $2,649 |
| February 2026 | $2,751 |
| March 2026 | $2,932 |
| April 2026 | $2,995 |
| Month | Median Rent |
|---|---|
| April 2024 | $1,637 |
| May 2024 | $1,683 |
| June 2024 | $1,630 |
| July 2024 | $1,568 |
| August 2024 | $1,580 |
| September 2024 | $1,593 |
| October 2024 | $1,612 |
| November 2024 | $1,690 |
| December 2024 | $1,799 |
| January 2025 | $1,718 |
| February 2025 | $1,625 |
| March 2025 | $1,690 |
| April 2025 | $1,750 |
| May 2025 | $1,740 |
| June 2025 | $1,700 |
| July 2025 | $1,660 |
| August 2025 | $1,600 |
| September 2025 | $1,628 |
| October 2025 | $1,628 |
| November 2025 | $1,695 |
| December 2025 | $1,712 |
| January 2026 | $1,735 |
| February 2026 | $1,602 |
| March 2026 | $1,460 |
| April 2026 | $1,460 |
Can I afford to live at 1945 W 48th St #1945-2?
Bedrooms
3 bedroomsRent-to-income ratio
30%
$58,400/yr
| Bath | |||||
|---|---|---|---|---|---|
| 2 years ago | $1,450 | 3 bed | 1 bath | ||
| 4 years ago | $1,350 | 3 bed | 1 bath | ||
| 4 years ago | $1,350 | 3 bed | 1 bath | ||
| 4 years ago | $1,325 | 3 bed | 1 bath |
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