Zumper
modified
Updated 3 Hours Ago

Highlights

  • Hardwood floors
  • Stainless steel appliances
  • Granite counters
  • Updated bathroom
  • Tiled backsplash
  • Fully tiled walk-in shower

Location

7240 S Cornell Ave #B, Chicago, IL 60649, USA|South Shore

Tour 7240 S Cornell Ave #B

Contact

Nwagbaraji Management

TurboTenant

(217) 801-4045

Property Overview

Hardwood floors, stainless steel appliances, granite counters, and a tiled backsplash give the home a polished, updated feel, while the remodeled bathroom includes a fully tiled walk-in shower. The combination of tasteful finishes and practical upgrades creates a comfortable, modern living space.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • Less expensive
  • High school nearby
  • Covered parking

Great for

  • Pet owners
  • Work-from-home

Amenities for 7240 S Cornell Ave #B, South Shore

Apartment Amenities

DryerForced Air
Hardwood FloorLinoleum Vinyl
Water

Appliances

DishwasherIn-Unit Laundry
MicrowaveRange/Oven
Refrigerator

Building

Onsite LaundrySecurity Cameras
Sewage

Services

Garbage
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
Building details

Property details

Lease terms12+ months
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About 7240 S Cornell Ave #B

HomeApartments in ChicagoSouth Shore 7240 S Cornell Ave #B, Chicago, IL 60649, USA
sweet deal icon
Sweet deal!
This listing is 33% below the median price for 2 bedroom apartments in South Shore.

Property Id: 2778942 Move in ready! This basement unit has a clean, modern feel with all the updated look What you get: • Washer and dryer • Stainless steel appliances (fridge, stove, dishwasher) + granite counters and tiled backsplash • Hardwood floors throughout • Fully tiled walk-in shower with a rainfall/handheld shower head combo • Updated bathroom • Close to public transportation, shopping, grocery store, restaurant. • Private front and back entrances. Requirements: •No recent evictions or bankruptcy. •Minimum 580 credit score. •2.5x rent amount. •$45 application fee • $400 move in fee Section 8 welcomed!


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 7240 S Cornell Ave, Chicago, IL 60649, USA compares to other nearby properties.

Positives

Less expensive
Some rentals at this address are cheaper than similar listings nearby
High school nearby
There is a high school 0.2 mile away
Covered parking
Garage, covered, or indoor parking is available at this address
Dishwasher
Kitchens at this address include dishwashers
Images available
There are at least 10 photos of this address
Outdoor space
One or more rentals here have easy access to the outdoors

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 0.4 mile away

Address details

NeighborhoodSouth Shore
Zip code60649
TypeApartment for rent

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Rent trends in South Shore

2-bedroom apartments at 7240 S Cornell Ave #B cost about 33% less than the average rent price for 2-bedroom apartments in Chicago.

Median rents as of Sep 12 2026.
South Shore
Chicago
A table of 2-bedroom apartment rental data trends in Chicago
MonthMedian Rent
September 2024$2,750
October 2024$2,704
November 2024$2,621
December 2024$2,508
January 2025$2,470
February 2025$2,498
March 2025$2,508
April 2025$2,495
May 2025$2,498
June 2025$2,498
July 2025$2,550
August 2025$2,491
September 2025$2,419
October 2025$2,402
November 2025$2,428
December 2025$2,348
January 2026$2,436
February 2026$2,425
March 2026$2,537
April 2026$2,503
May 2026$2,574
June 2026$2,595
July 2026$2,536
August 2026$2,512
September 2026$2,537
A table of 2-bedroom apartment rental data trends in South Shore
MonthMedian Rent
September 2024$1,390
October 2024$1,398
November 2024$1,377
December 2024$1,306
January 2025$1,297
February 2025$1,328
March 2025$1,391
April 2025$1,386
May 2025$1,394
June 2025$1,414
July 2025$1,407
August 2025$1,397
September 2025$1,350
October 2025$1,369
November 2025$1,441
December 2025$1,348
January 2026$1,362
February 2026$1,356
March 2026$1,388
April 2026$1,387
May 2026$1,339
June 2026$1,323
July 2026$1,350
August 2026$1,386
September 2026$1,400

Affordability calculator

Can I afford to live at 7240 S Cornell Ave #B?

Bedrooms

2 bedrooms

Rent-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

$37,600/yr

With your selected rent-to-income ratio, you'd ideally want to make $37,600 annually to afford this 2-bedrooms monthly rent price of $940.
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.
Check out the past listing prices for monthly rent at 7240 S Cornell Ave, Chicago, IL.
3 months ago$1,4903 bed1 bath
5 months ago$1,5203 bed1 bath
1 year ago$1,5003 bed1 bath
1 year ago$1,4253 bed1 bath
3 years ago$1,4003 bed1 bath
3 years ago$1,4003 bed1 bath
3 years ago$1,5003 bed1 bath

Schools near 7240 S Cornell Ave #B

South Shore Fine Arts Elementary School

1415 e 70th st

chicago, IL, 60637

PK, K-8Public
C

Bouchet Elementary Math & Science Academy

7355 s jeffery blvd

chicago, IL, 60649

PK, K-8Public
C-

Woodlawn Elementary Community School

6657 s kimbark ave

chicago, IL, 60637

PK, K-6Public
C

Ariel Elementary Community Academy

1119 e 46th st

chicago, IL, 60653

PK, K-8Public
C-

Mitzi Freidheim Englewood Child & Family Center

1701 west 63rd st

chicago, IL, 60636

PKPublic
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Internet available near 7240 S Cornell Ave #B

Neighborhood

South Shore | Chicago, IL

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Chicago near 7240 S Cornell Ave #B

Walking

8/10
No car? No problem. Everything you need is within a few blocks.

Driving

6/10
This area is accessible to thoroughfares and has ample parking options.

Cycling

6/10
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 7240 S Cornell Ave #B, Chicago

Groceries

8/10
Wide variety of groceries within a few minutes' walk

Shopping

7/10
Wide variety of shops within a short drive, including some within walking distance

Cafes

6/10
Wide variety of cafés within a short drive, including some within walking distance

Restaurants

8/10
Wide variety of restaurants within a short drive, including some within walking distance

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

9/10
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

5/10
Variety of bars within a short drive

Explore the area around 7240 S Cornell Ave #B

Jewel-Osco
7530 S Stony Island Ave
Amir Food Mart
1877 E 71st St
Adams Food & Cellular
6810 S Stony Island Ave
Local Market Foods
2101 E 71st St
Fisherman's Island
6724 S Stony Island Ave

Other units at this address

7240 S Cornell Ave Chicago, IL

Occupied

3 Beds, 1 Bath

3 Beds

1 Bath

$1,400

Listed by Leasing Office
Days on market: 1174
READ ALL DETAILS CAREFULLY!!! SERIOUS INQUIRIES ONLY!!! Address: 7240 S Cornell #1 Beds: 3 Baths: 1 Rent: $1400 Move-in fee: $700 Utilities included: Water Pet Friendly: Cats and small dogs (non-aggressive breeds 25lb weight limit) Pet fee $25 a month per pet 2 pet limit The building is Owner Occupied RENTAL REQUIREMENTS: Section 8 Welcomed! Application Fee: $50.00 per adult Move-in Fee: $700 NO EVICTIONS NO BANKRUPTCIES (4 years discharged) NO UTILITIES IN COLLECTIONS MINIMUM CREDIT SCORE OF 580 Must be on your current job for at least 1 year Monthly household income must be at least 3x the rent after taxes and reoccurring expenses without overtime. (verifiable) Bruce Stafford Infiniti Properties P: 312-622-7752 E: **** Accepts Section 8.

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