5+ Days Ago
Location
7240 S Cornell Ave #2, Chicago, IL 60649, USA|South Shore
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Property Overview
This property offers central air conditioning and heating, enhancing comfort year-round. With high-speed internet and included utilities, it caters well to those working from home. Additionally, the proximity to a top-rated high school and various amenities, including pet services, highlights its attractiveness, particularly given its value ranking in the 80.7 percentile compared to nearby options, along with the availability of numerous photos for prospective renters.
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
High school nearby- Less expensive
- Dishwasher
Great for
Pet owners
Work-from-home
Amenities for 7240 S Cornell Ave #2, South Shore
Features
| Air Conditioning | Freezer |
| Laminate | Water |
Appliances
| Dishwasher | Microwave |
| Range/Oven | Refrigerator |
Tech
| Alarm System | Wired For Internet |
Community
| Cats OK | Controlled Building |
| Security 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
Dog Policy
Not allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 7240 S Cornell Ave #2
Sweet deal!
This listing is 11% below the median price for 3 bedroom apartments in South Shore.
Property Id: 966615 Smaller, but beautiful/ comfy 3 bedroom and 1 bathroom unit in a 3 unit building. Quiet block, down the street from Starbucks and University of Islam. One block from Stoney Island and walking distance to public transportation. Central AC and heat. Current tenant will move out April 1st and unit will be deep cleaned and prepared. **A full screening process will be complete. False information given will disqualify you from unit. Min 600 credit scores No bankrupts or evictions $600 non-refundable move in fee $45 application fee !!Section 8 accepted!!
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
- High school nearby
- There is a high school 0.2 mile away
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- Dishwasher
- Dishwasher available in kitchen
- Images Available
- There are at least 10 photos of this address
- Pet friendly
- This property allows pets
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.4 mile away
Address details
| Neighborhood | South Shore |
|---|---|
| Zip code | 60649 |
| Type | Condo for rent |
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Rent trends in South Shore
3-bedroom apartments at 7240 S Cornell Ave #2 cost about 11% less than the average rent price for 3-bedroom apartments in Chicago.
Median rents as of Mar 14 2026.
South Shore
Chicago
| Month | Median Rent |
|---|---|
| March 2024 | $3,200 |
| 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 |
| December 2025 | $2,640 |
| January 2026 | $2,649 |
| February 2026 | $2,751 |
| March 2026 | $2,925 |
| Month | Median Rent |
|---|---|
| March 2024 | $1,400 |
| April 2024 | $1,452 |
| May 2024 | $1,458 |
| June 2024 | $1,532 |
| July 2024 | $1,735 |
| August 2024 | $1,531 |
| September 2024 | $1,511 |
| October 2024 | $1,664 |
| November 2024 | $1,730 |
| December 2024 | $1,768 |
| January 2025 | $1,712 |
| February 2025 | $1,737 |
| March 2025 | $1,750 |
| April 2025 | $1,697 |
| May 2025 | $1,636 |
| June 2025 | $1,728 |
| July 2025 | $1,764 |
| August 2025 | $1,750 |
| September 2025 | $1,795 |
| October 2025 | $1,750 |
| November 2025 | $1,785 |
| December 2025 | $1,712 |
| January 2026 | $1,735 |
| February 2026 | $1,740 |
| March 2026 | $1,700 |
Affordability calculator
Can I afford to live at 7240 S Cornell 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
$60,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $60,800 annually to afford this 3-bedrooms monthly rent price of $1,520.
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 | |||||
|---|---|---|---|---|---|
| 7 months ago | $1,500 | 3 bed | 1 bath | ||
| 9 months ago | $1,425 | 3 bed | 1 bath | ||
| 2 years ago | $1,400 | 3 bed | 1 bath | ||
| 2 years ago | $1,400 | 3 bed | 1 bath | ||
| 3 years ago | $1,500 | 3 bed | 1 bath | ||
| 3 years ago | $1,500 | 3 bed | 1 bath | ||
| 3 years ago | $1,450 | 3 bed | 1 bath |
Schools near 7240 S Cornell Ave #2
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 #2
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 #2
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 #2, Chicago
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
6/10
Several shops within walking distance
Cafes
6/10
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 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
3/10
Some bars within walking distance
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7240 S Cornell Ave, Chicago, IL
7240 S Cornell Ave Chicago, IL
Occupied
3 Beds, 1 Bath
3 Beds
1 Bath
$1,400
Air Conditioning • Microwave • Dishwasher • Oven
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