4 Days Ago
Location
7001 S Michigan Ave, Chicago, IL 60637, USA|Grand Crossing
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Property Overview
7001 S. Michigan Ave presents an attractive opportunity for renters, scoring an overall Zumper rating of 8 out of 10 due to its competitive pricing and strong amenities. With an excellent location rating of 9 out of 10, residents enjoy easy access to key attractions and transportation. The property also reflects transparency and reliability, bolstered by a trustworthiness rating of 7 out of 10, making it a compelling choice for those seeking quality rental options.
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
Laundry available on site
Floor plans
| 2/1 | 2 bed | 1 bath | $1,686 /mo | 1 unit available |
Let's explore this property.
Amenities for 7001 S. Michigan Ave (NEW)
Apartment Amenities
| Heat Included | Hot Water |
Appliances
| Cooking Gas |
Building
| Onsite Laundry |
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
| Units | 31 |
|---|
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About 7001 S. Michigan Ave (NEW)
7001 S. Michigan Ave (NEW) cost $1,686 per month. A couple amenities for this apartment building include but are not limited to: on-site laundry. Located at 7001 S Michigan Ave, Chicago, IL 60637, USA, 7001 S. Michigan Ave (NEW) has 2 bedroom units available. Based on the average rent price of 2 bedrooms in Chicago, renting an apartment at 7001 S. Michigan Ave (NEW) is 34% cheaper per month.
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, 7001 S. Michigan Ave (NEW) is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 7001 S. Michigan Ave (NEW) 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.
7001 S. Michigan Ave (NEW) 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, 7001 S. Michigan Ave (NEW) 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.
7001 S. Michigan Ave (NEW) 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 7001 S. Michigan Ave (NEW) 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.
7001 S. Michigan Ave (NEW) 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 7001 S. Michigan Ave (NEW) compares to other nearby properties.
Positives
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.3 mile away
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Rent trends in Grand Crossing
2-bedroom apartments at 7001 S. Michigan Ave (NEW) cost about 22% more than the average rent price for 2-bedroom apartments in Grand Crossing.
Median rents as of Mar 7 2026.
Grand Crossing
Chicago
| Month | Median Rent |
|---|---|
| March 2024 | $1,991 |
| April 2024 | $1,745 |
| May 2024 | $1,751 |
| June 2024 | $1,764 |
| July 2024 | $1,931 |
| August 2024 | $1,691 |
| 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 | $1,635 |
| Month | Median Rent |
|---|---|
| March 2024 | $850 |
| April 2024 | $848 |
| May 2024 | $785 |
| June 2024 | $822 |
| July 2024 | $960 |
| August 2024 | $786 |
| September 2024 | $780 |
| November 2024 | $912 |
| December 2024 | $931 |
| March 2025 | $943 |
| April 2025 | $940 |
| May 2025 | $987 |
| June 2025 | $950 |
| July 2025 | $968 |
| August 2025 | $920 |
| September 2025 | $871 |
| October 2025 | $864 |
| November 2025 | $928 |
| December 2025 | $923 |
| January 2026 | $919 |
| February 2026 | $890 |
| March 2026 | $890 |
Affordability calculator
Can I afford to live at 7001 S Michigan Ave?
Bedrooms
2 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
$67,440/yr
With your selected rent-to-income ratio, you'd ideally want to make $67,440 annually to afford this 2-bedrooms monthly rent price of $1,686.
For more information on rent affordability, visit our rent calculator.
Schools near 7001 S. Michigan Ave (NEW)
Deneen Elementary School
7240 s wabash ave
chicago, IL, 60619
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
Mitzi Freidheim Englewood Child & Family Center
1701 west 63rd st
chicago, IL, 60636
PKPublic
Ariel Elementary Community Academy
1119 e 46th st
chicago, IL, 60653
PK, K-8Public
C-
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Internet available near 7001 S. Michigan Ave (NEW)
Neighborhood
Grand Crossing | Chicago, IL
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Chicago near 7001 S Michigan Ave
Walking
8/10
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
6/10
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 7001 S Michigan Ave, Chicago
Groceries
8/10
At least one grocery store within a few minutes' walk
Shopping
6/10
Variety of shops within walking distance
Cafes
3/10
Few or no cafés within walking distance
Restaurants
6/10
Some restaurants within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
6/10
At least one high school within a 20-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
3/10
Few or no bars within walking distance
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