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Urban Equities Real Estate Consultants, Inc.
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The property at 4851-57 S. Evans/740-42 E. 49th Street is highly rated with an impressive Zumper expert rating of 8.9 and exceptional scores in location, quality, and amenities, all contributing to its attractiveness for renters. It features desirable amenities such as oversized windows, hardwood flooring, and extra storage on a picturesque tree-lined street. Moreover, it ranks in the 97.78 percentile for value per square foot, indicating a competitive pricing structure that enhances its appeal.
Things you’ll love
DishwasherImages AvailableOutdoor spaceGreat for
Pet owners| 4851 4/1/1 | 1 bed | 1 bath | 1,000 sqft | $1,375 /mo | 1 unit available | Move right in to this lovely one bed/one bath recent renovation conveniently located in Bronzeville/Kenwood. Enjoy a beautiful kitchen, new stainless appliances, new countertops, upgraded electrical, grand formal dining room, gleaming hardwood floors throughout , large bedroom, lots of closets, extra storage, oversized windows overlooking tree-lined street. The close proximity to Washington Park, the lakefront, Lake Shore Drive, the Red Line and the Metra make this an ideal location to call home. Cats and dogs less than 35 lbs welcome (limited to 2 pets) with a $100 non-refundable pet fee (per pet) and $15/month pet rent (per pet). $500 administrative fee applies in lieu of a security deposit. | |
| 4851 5/2/1-Large | 2 bed | 1 bath | 1,000 sqft | $1,550 /mo | 1 unit available | Come see this recently renovated exceptional 1300 sq ft. two-bedroom corner unit! Features include spacious kitchen w/walk-in pantry, solid oak cabinets, Stainless appliances, granite countertops, grand formal dining room, lovely vintage built-ins, exceptional cherry wood finishes, crown molding, spacious bedrooms on opposite sides of the apartment —great for privacy, extra closets, gleaming oak floors throughout, updated electrical, beautiful bathroom w/original clawfoot tub, oversized windows/new window treatments. Cats welcome (limited to 2) with a $100 non-refundable pet fee (per pet) and $15/month pet rent (per pet). $500 administrative fee applies in lieu of a security deposit. Kenwood is fast reclaiming its reputation as one of Chicago's most desirable neighborhoods. Minutes from The Loop, Bronzeville and Hyde Park, Kenwood thrives with commercial development including a new Northwestern Medicine location, fashionable condos, multi-ethnic culture, family-friendly parks and historic mansions. |
Let's explore this property.
Apartment Amenities
| Heat H/C Water | New Windows |
| Private Back Deck |
Appliances
| Dishwasher | Stainless |
| Upgraded Appliances |
Grounds
| Fenced Yard | Outdoor Space |
| Yard |
One-time.
One-time. Refundable.
| Units | 19 |
|---|
4851-57 S. Evans and 740-42 E. 49th Street located in Chicago’s historic Bronzeville neighborhood, these spacious 1 and 2-bedroom apartments offer comfortable living space. Each unit features essential amenities including hardwood flooring, a gas stove, refrigerator, and dishwasher. The building is situated in a walkable area making it easy to run errands or explore the neighborhood on foot. Residents are just a short walk from the Green Line at the 47th-Green stop, providing convenient access to downtown and surrounding areas. The location is also near several local parks, including Jessie “Ma” Houston Playlot Park, Drexel Square, and Sycamore Playlot, offering outdoor space to relax and unwind. Please note that pets are not permitted. For more information or to schedule a viewing, contact Urban Equities Real Estate Consultants today!
How 4851-57 S. Evans/740-42 E. 49th Street compares to other nearby properties.
Positives
Considerations
1-bedroom apartments here are priced 22% lower than 1-bedrooms in Hyde Park.
If you decide to upgrade your space, you can expect 2-bedrooms at 4851-57 S. Evans/740-42 E. 49th Street to be 35% less than the average for similarly sized apartments in Hyde Park.
| Month | Median Rent |
|---|---|
| September 2024 | $1,697 |
| October 2024 | $1,630 |
| November 2024 | $1,568 |
| December 2024 | $1,501 |
| January 2025 | $1,483 |
| February 2025 | $1,495 |
| March 2025 | $1,520 |
| April 2025 | $1,512 |
| May 2025 | $1,502 |
| June 2025 | $1,531 |
| July 2025 | $1,580 |
| August 2025 | $1,516 |
| September 2025 | $1,473 |
| October 2025 | $1,495 |
| November 2025 | $1,520 |
| December 2025 | $1,495 |
| January 2026 | $1,496 |
| February 2026 | $1,516 |
| March 2026 | $1,657 |
| April 2026 | $1,637 |
| May 2026 | $1,684 |
| June 2026 | $1,691 |
| July 2026 | $1,658 |
| August 2026 | $1,650 |
| September 2026 | $1,650 |
| Month | Median Rent |
|---|---|
| September 2024 | $1,103 |
| October 2024 | $1,078 |
| November 2024 | $1,081 |
| December 2024 | $1,085 |
| January 2025 | $1,094 |
| February 2025 | $1,091 |
| March 2025 | $1,142 |
| April 2025 | $1,150 |
| May 2025 | $1,170 |
| June 2025 | $1,144 |
| July 2025 | $1,137 |
| August 2025 | $1,142 |
| September 2025 | $1,150 |
| October 2025 | $1,161 |
| November 2025 | $1,155 |
| December 2025 | $1,150 |
| January 2026 | $1,150 |
| February 2026 | $1,150 |
| March 2026 | $1,177 |
| April 2026 | $1,259 |
| May 2026 | $1,308 |
| June 2026 | $1,239 |
| July 2026 | $1,235 |
| August 2026 | $1,241 |
| September 2026 | $1,250 |
Can I afford to live at Chicago?
Bedrooms
Rent-to-income ratio
30%
$55,000/yr
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$1,699–$2,040
Kenwood • 4726 S Woodlawn Ave
Studio–2 Beds
$1,140–$1,825
Kenwood • 5035 S East End Ave
Studio–1 Bed
$1,725–$2,395
Near West Side • 555 W Madison St #07
Studio
$1,921
Loop • 720 S Wells St
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$2,000
South Loop • 1212 S Michigan Ave
1 Bed
$1,950
Hyde Park • 5200 S Blackstone Ave
1–2 Beds
$1,699–$2,040
Kenwood • 4726 S Woodlawn Ave
Studio–2 Beds
$1,140–$1,825
Kenwood • 5035 S East End Ave
Studio–1 Bed
$1,725–$2,395
Near West Side • 555 W Madison St #07
Studio
$1,921
Loop • 720 S Wells St
Studio
$2,000
South Loop • 1212 S Michigan Ave
1 Bed
$1,950
