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PMI ChiTown
Apartment Amenities
| Hardwood Floor |
Building
| Onsite Laundry |
Grounds
| Storage |
Services
| On-Site Management | Package Service |
Contact for more information on pet policy.
| Lease terms | 12+ months |
|---|
Step into luxurious, brand-new living with this exquisite 3-bedroom and 2-bath condo! Designed for modern living, this unit welcomes you with an open layout and high-end finishes that immediately feel like home. Open layout living area with natural lights perfect for hosting. Amazing kitchen with upgraded cabinets, quartz countertops and stainless steel appliances. Unwind in the spacious primary bedroom, complete with a serene private ensuite bathroom. Convenience is key with in-unit laundry facilities and customized closets in every room for ample storage. Hardwood floors throughout the unit. Tenant pays all the utilities. All Pmi Chi-Town residents are enrolled in the Resident Benefits Package (rbp) for $35.95/month which includes insurance. If a resident successfully submits their own insurance policy and it is approved, $10.95 will be deducted from the cost. More details upon application. Please note: All leases will be extended until February 2027 as we do not end leases in winter months - October, November, December, or January. Unit 2 available for $2,650.00 with Parking Unit 3 available for $2,450.00 without Parking By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via SMS, phone, or email.
How 4950 S Michigan Ave #1 compares to other nearby properties.
Positives
Considerations
| Neighborhood | Grand Boulevard |
|---|---|
| Zip code | 60615 |
| Type | Condo for rent |
3-bedroom apartments at 4950 S Michigan Ave #1 cost about 11% more than the average rent price for 3-bedroom apartments in Chicago.
| Month | Median Rent |
|---|---|
| October 2023 | $2,811 |
| November 2023 | $2,848 |
| December 2023 | $2,890 |
| January 2024 | $2,900 |
| February 2024 | $2,763 |
| March 2024 | $3,086 |
| April 2024 | $3,047 |
| 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 | $2,710 |
| Month | Median Rent |
|---|---|
| October 2023 | $2,225 |
| November 2023 | $2,250 |
| December 2023 | $2,370 |
| January 2024 | $2,400 |
| February 2024 | $2,450 |
| March 2024 | $2,390 |
| April 2024 | $2,390 |
| May 2024 | $2,302 |
| June 2024 | $2,473 |
| July 2024 | $2,492 |
| August 2024 | $2,520 |
| September 2024 | $2,360 |
| October 2024 | $2,407 |
| November 2024 | $2,437 |
| December 2024 | $2,305 |
| January 2025 | $2,353 |
| February 2025 | $2,400 |
| March 2025 | $2,439 |
| April 2025 | $2,467 |
| May 2025 | $2,409 |
| June 2025 | $2,437 |
| July 2025 | $2,450 |
| August 2025 | $2,331 |
| September 2025 | $2,348 |
Can I afford to live at 4950 S Michigan Ave #1?
Bedrooms
3 bedroomsRent-to-income ratio
30%
$106,000/yr
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Hyde Park • 5200 S Blackstone Ave
2 Beds
$1,965–$4,218
Kenwood • 4726 S Woodlawn Ave
2 Beds
$1,775–$3,330
Near West Side • 1313 W Randolph St
2 Beds
$2,769–$3,119
Kenwood • 5035 S East End Ave
2–3 Beds
$2,235–$6,281
Near West Side • 670 W Wayman St #2-2
2 Beds
$3,380
South Loop • 1400 S Wabash Ave #2-2
2 Beds
$3,061
South Loop • 1401 S State St #2-2
2 Beds
$3,445
Near West Side • 808 W Van Buren St #2-2
2 Beds
$3,399
Hyde Park • 5200 S Blackstone Ave
2 Beds
$1,965–$4,218
Kenwood • 4726 S Woodlawn Ave
2 Beds
$1,775–$3,330
Near West Side • 1313 W Randolph St
2 Beds
$2,769–$3,119
Kenwood • 5035 S East End Ave
2–3 Beds
$2,235–$6,281
Near West Side • 670 W Wayman St #2-2
2 Beds
$3,380
South Loop • 1400 S Wabash Ave #2-2
2 Beds
$3,061
South Loop • 1401 S State St #2-2
2 Beds
$3,445
Near West Side • 808 W Van Buren St #2-2
2 Beds
$3,399
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