Updated 18 Hours Ago
Location
4940 W Van Buren St, Chicago, IL 60644, USA|Austin
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Property Overview
4940 W Van Buren St has a strong overall rating, with its best qualities centered on a solid living experience and practical appeal. Its standout features and pros suggest a property that offers reliable value and well-rounded benefits for residents, though no additional specific details were provided.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- More space
- Images Available
Floor plans
| 3/1 | 3 bed | 1 bath | 1,250 sqft | $1,800 /mo | |||
| 4/1 | 4 bed | 1 bath | 1,350 sqft | $2,300 /mo |
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Policies and fees
Applicants
Application Fee
Per-applicant.
Contact Property
REQUIRED FEES
Admin Fee
One-time.
$25
Security Deposit
One-time. Refundable.
Contact Property
Questions about this property’s policies and fees?
Building details
Property details
| Units | 2 |
|---|
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About 4940 W Van Buren St
Well maintained residential building with professional management.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.0
/10
Very GoodWith a solid 8 out of 10 overall, 4940 W Van Buren St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 4940 W Van Buren St has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
4940 W Van Buren St stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 4940 W Van Buren St is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
4940 W Van Buren St is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 4940 W Van Buren St does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
4940 W Van Buren St provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
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 4940 W Van Buren St compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.1 mile away
- More space
- The 3-bedroom is 118 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
- No laundry facilities available
- This property doesn't offer on-site or in-unit washers and dryers
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Rent trends in Austin
3-bedroom apartments at 4940 W Van Buren St cost about 6% more than the average rent price for 3-bedroom apartments in Austin.
4-bedroom apartments at 4940 W Van Buren St cost about 2% more than the average rent price for 4-bedroom apartments in Austin.
Median rents as of Aug 1 2026.
Austin
Chicago
| Month | Median Rent |
|---|---|
| August 2024 | $1,675 |
| September 2024 | $1,682 |
| 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 |
| Month | Median Rent |
|---|---|
| August 2024 | $851 |
| September 2024 | $895 |
| October 2024 | $984 |
| November 2024 | $1,227 |
| December 2024 | $2,378 |
| January 2025 | $2,610 |
| February 2025 | $2,742 |
| March 2025 | $2,940 |
| April 2025 | $2,942 |
| May 2025 | $1,515 |
| June 2025 | $1,145 |
| July 2025 | $1,115 |
| August 2025 | $1,028 |
| September 2025 | $920 |
| October 2025 | $889 |
| November 2025 | $1,002 |
| December 2025 | $1,150 |
| January 2026 | $1,133 |
| February 2026 | $1,108 |
| March 2026 | $1,036 |
| April 2026 | $1,068 |
| May 2026 | $1,050 |
| June 2026 | $997 |
| July 2026 | $998 |
| August 2026 | $990 |
Affordability calculator
Can I afford to live at 4940 W Van Buren St?
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
$72,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $72,000 annually to afford this 3-bedrooms monthly rent price of $1,800.
For more information on rent affordability, visit our rent calculator.
Schools near 4940 W Van Buren St
George Leland Elementary School
512 s lavergne ave
chicago, IL, 60644
PK, K-8Public
C-
Plato Learning Academy Elementary School
5545 w harrison st
chicago, IL, 60644
K-8Public
C-
Chicago Commons Nia Family Center
744 n monticello ave
chicago, IL, 60624
PKPublic
Kellman Corporate Community Elementary School
3030 w arthington st
chicago, IL, 60612
PK, K-8Public
C-
Chicago Commons Taylor Center for New Experiences
1633 north hamlin ave
chicago, IL, 60647
PKPublic
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Internet available near 4940 W Van Buren St
Getting around Chicago near 4940 W Van Buren St
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
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 4940 W Van Buren St, Chicago
Groceries
9/10
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
5/10
Variety of cafés within a short drive
Restaurants
7/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
10/10
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
7/10
Large amount of park space nearby
Nightlife
6/10
Variety of bars within a short drive
Explore the area around 4940 W Van Buren St
Windy City Inc
324 S Cicero Ave
S S Shop For Less
118 S Cicero Ave
Kostner Food Basket
24 S Kostner Ave
MNS Food Market
209 S Lotus Ave
Madison Food Mart
5402 W Madison St
Sassy Classy Affordable Boutique LLC
100 S Leamington Ave
To Walk in My Shoes
3 N Cicero Ave
Dressed 1213
5409 W Madison St
Samfils
3050 3 1/2 N Laramie Ave
2 Wice As Nice
4757 W Lake St
Momentum Coffee Austin
5100 W Harrison St
Dunkin'
5735 W Roosevelt Rd
Dunkin'
782 N Laramie Ave
Dunkin'
5600 W 16th St
Dunkin'
2147 S Cicero Ave
600 S Cicero Incorporated
600 S Cicero Ave
MS Anns Pad
4701 W Harrison St
Freddie's Lounge
5464 W Madison St
MCM Pub & Eatery
396 N Cicero Ave
Ted's Place
5813 W Madison St
Nicholas High Quality Meats
4619 W Harrison St
Peoria Meat Packing
4521 W Roosevelt Rd
North Lawndale Meat & Fresh Produce Market
628 S Pulaski Rd
Andy's Deli Butcher Shop
4235 W Kinzie St
Andy's Deli & Mikolajczyk
4021 W Kinzie St
Moore Park
Clark Park
Park
Playground
Cottonwood Park
Shark's Fish & Chicken
325 S Cicero Ave
Out of Bounds Chicken
4813 W Harrison St
Usccb Charter & NORMS
5088 W Jackson Blvd
MS Anns Pad
4701 W Harrison St
Whale Fish & Chicken Inc
4955 W Madison St
Jackson / Lavergne
Jackson
4849 W Jackson
Jackson
4900 W Jackson
Jackson
Harrison / Lavergne
Harrison, Laramie
Jackson / Lavergne
Jackson
Cicero
Burlington Northern
Kedzie
Union Pacific West
Grand/Cicero
Milwaukee West
Oak Park
Union Pacific West
Hanson Park
Milwaukee West
Cicero-Forest Park
Blue Line, Blue Line
Cicero
Green Line, Green Line
Laramie
Green Line, Green Line
Pulaski-Forest Park
Blue Line, Blue Line
Central
Green Line, Green Line
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