5+ Days Ago
Highlights
- Open layout
- Hardwood floors
- Quartz countertops
- Modern living
- Stainless steel appliances
- Upgraded cabinets
Location
4950 S Michigan Ave #2, Chicago, IL 60615, USA|Grand Boulevard
Tour 4950 S Michigan Ave #2
Contact
PMI ChiTown
Nearby rentals
Renter hub
Property management
Apartments for rent ChicagoApartments for rent Near North SideApartments for rent LakeviewApartments for rent Near West SideApartments for rent LoopApartments for rent EdgewaterApartments for rent UptownApartments for rent Rogers ParkApartments for rent Logan SquareApartments for rent West TownApartments for rent South LoopApartments for rent Lincoln SquareApartments for rent Hyde ParkApartments for rent Lincoln ParkApartments for rent EvanstonApartments Near Me
Houses for rent ChicagoHouses for rent Near North SideHouses for rent WoodlawnHouses for rent LakeviewHouses for rent Near West SideHouses for rent Lincoln ParkHouses for rent Lincoln SquareHouses for rent DeerfieldHouses for rent South LoopHouses for rent EvanstonHouses for rent Irving ParkHouses for rent Hyde ParkHouses for rent Washington ParkHouses for rent NorridgeHouses for rent Glendale HeightsHouses for rent near me
Amenities for 4950 S Michigan Ave #2, Grand Boulevard
Apartment Amenities
| Hardwood Floor |
Appliances
| In-Unit Laundry |
Building
| Onsite Laundry |
Grounds
| Storage |
Services
| On-Site Management | Package Service |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
Advertisement
About 4950 S Michigan Ave #2
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 1 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.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 4950 S Michigan Ave, Chicago, IL 60615, USA compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.1 mile away
- Images Available
- There are at least 10 photos of this address
- Package service
- More secure storage for delivery
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.4 mile away
Address details
| Neighborhood | Grand Boulevard |
|---|---|
| Zip code | 60615 |
| Type | Condo for rent |
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in Grand Boulevard
3-bedroom apartments at 4950 S Michigan Ave #2 cost about 15% more than the average rent price for 3-bedroom apartments in Chicago.
Median rents as of Nov 29 2025.
Grand Boulevard
Chicago
| Month | Median Rent |
|---|---|
| December 2023 | $2,868 |
| 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 | $2,699 |
| October 2025 | $2,650 |
| November 2025 | $2,839 |
| Month | Median Rent |
|---|---|
| December 2023 | $2,400 |
| 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 | $2,362 |
| October 2025 | $2,394 |
| November 2025 | $2,334 |
Affordability calculator
Can I afford to live at 4950 S Michigan Ave #2?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$106,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $106,000 annually to afford this 3-bedrooms monthly rent price of $2,650.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 2 months ago | $2,650 | 3 bed | 2 bath | ||
| 3 months ago | $2,650 | 3 bed | 2 bath |
Schools near 4950 S Michigan Ave #2
Burke Elementary School
5356 s king dr
chicago, IL, 60615
PK, K-8Public
C-
Ariel Elementary Community Academy
1119 e 46th st
chicago, IL, 60653
PK, K-8Public
C-
Woodlawn Elementary Community School
6657 s kimbark ave
chicago, IL, 60637
PK, K-6Public
C
South Shore Fine Arts Elementary School
1415 e 70th st
chicago, IL, 60637
PK, K-8Public
C
Thomas Early Childhood Center
3625 s hoyne ave
chicago, IL, 60609
PKPublic
Advertisement
Internet available near 4950 S Michigan Ave #2
Getting around Chicago near 4950 S Michigan Ave #2
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 4950 S Michigan Ave #2, Chicago
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
6/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Parks
8/10
Very large amount of park space within a few minutes' walk
Nightlife
4/10
Some bars within walking distance
Other units at this address
4950 S Michigan Ave, Chicago, IL
4950 S Michigan Ave Chicago, IL
Occupied
1
3 Beds
2 Baths
$2,650
Assigned Parking • Walk-In Closets • Hardwood Floor • On-Site Laundry
Compare similar properties nearby
The Blackwood
Our team has verified this companyHyde Park • 5200 South Blackstone Avenue
2 Beds
$1,895–$4,068
- dogs and cats ok
- on-site laundry
- fitness center
Woodlawn Terrace
Our team has verified this companyKenwood • 4726-4738 South Woodlawn Avenue
2 Beds
$1,700–$2,720
- dogs and cats ok
- on-site laundry
- fitness center
13thirteen Randolph Street Lofts
Our team has verified this companyNear West Side • 1313 West Randolph Street
2 Beds
$2,945–$3,119
- dogs and cats ok
- on-site laundry
- fitness center
Regents Park
Our team has verified this companyKenwood • 5035 South East End Avenue
2–3 Beds
$2,260–$5,818
- dogs and cats ok
- on-site laundry
- fitness center
1617-1633 W Belmont
Our team has verified this companyLakeview • 1623 West Belmont Avenue
2 Beds
$2,295
- dogs and cats ok
- on-site laundry
- fitness center
750 North Hudson Avenue #2-2, Chicago, IL, 60654
Our team has verified this companyNear North Side • 750 North Hudson Avenue #2-2
2 Beds
$3,090
- dogs and cats ok
- on-site laundry
- fitness center
354 North Union Avenue #2-2, Chicago, IL, 60661
Our team has verified this companyNear West Side • 354 North Union Avenue #2-2
2 Beds
$3,280
- dogs and cats ok
- on-site laundry
- fitness center
51 East 14th Street #2-2, Chicago, IL, 60605
Our team has verified this companySouth Loop • 51 East 14th Street #2-2
2 Beds
$3,237
- dogs and cats ok
- on-site laundry
- fitness center
The Blackwood
Our team has verified this companyHyde Park • 5200 South Blackstone Avenue
2 Beds
$1,895–$4,068
- dogs and cats ok
- on-site laundry
- fitness center
Woodlawn Terrace
Our team has verified this companyKenwood • 4726-4738 South Woodlawn Avenue
2 Beds
$1,700–$2,720
- dogs and cats ok
- on-site laundry
- fitness center
13thirteen Randolph Street Lofts
Our team has verified this companyNear West Side • 1313 West Randolph Street
2 Beds
$2,945–$3,119
- dogs and cats ok
- on-site laundry
- fitness center
Regents Park
Our team has verified this companyKenwood • 5035 South East End Avenue
2–3 Beds
$2,260–$5,818
- dogs and cats ok
- on-site laundry
- fitness center
1617-1633 W Belmont
Our team has verified this companyLakeview • 1623 West Belmont Avenue
2 Beds
$2,295
- dogs and cats ok
- on-site laundry
- fitness center
750 North Hudson Avenue #2-2, Chicago, IL, 60654
Our team has verified this companyNear North Side • 750 North Hudson Avenue #2-2
2 Beds
$3,090
- dogs and cats ok
- on-site laundry
- fitness center
354 North Union Avenue #2-2, Chicago, IL, 60661
Our team has verified this companyNear West Side • 354 North Union Avenue #2-2
2 Beds
$3,280
- dogs and cats ok
- on-site laundry
- fitness center
51 East 14th Street #2-2, Chicago, IL, 60605
Our team has verified this companySouth Loop • 51 East 14th Street #2-2
2 Beds
$3,237
- dogs and cats ok
- on-site laundry
- fitness center
Check availability
Studio apartment rentals in Chicago1392 listings
1392 listings
1 Bedroom apartment rentals in Chicago2803 listings
2803 listings
2 Bedroom apartment rentals in Chicago2765 listings
2765 listings
3 Bedroom apartment rentals in Chicago1396 listings
1396 listings
2 Bedroom house rentals in Chicago279 listings
279 listings
3 Bedroom house rentals in Chicago239 listings
239 listings
Advertisement