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modified
12 Hours Ago

Highlights

  • Pet Friendly

Location

7240 S Yates Blvd, Chicago, IL 60649, USA|South Shore
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Management

CYM Living LLC

Our team has verified this company

Leasing office

(312) 940-4479

Property Overview

7240 S Yates Blvd Chicago, IL 60649 offers strong overall value, with an expert rating of 8.3/10 and a perfect price score indicating an excellent balance between cost and what you get. High marks for location and amenities reflect convenient access to key destinations and a robust amenity package, supported by extensive listing details and 20 photos that enhance transparency. Its strong value per square foot compared to nearby options further underscores its appeal for renters seeking quality and affordability.

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

Zumper Expert Rating

9.5
Excellent
7240 S Yates is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Location, which help to make this rental a great place to call home.

Things you’ll love

  • More space
  • Images Available
  • Pet friendly

Great for

  • Pet owners

Floor plans

3 Bedroom 1 Bath Apartment3 bed1 bath1,050 sqft$1,475 /mo1 unit available

Let's explore this property.

Amenities for 7240 S Yates

Apartment Amenities

Hardwood Floor

Building

Cats OKDogs OK

Other

Pre Recorded Tour
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

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units6
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About 7240 S Yates

HomeApartments in ChicagoSouth Shore 7240 S Yates

This 6-unit building in South Shore, Chicago features great amenities. Walking distance to Chef Sara's Cafe, 71st & Jeffrey Convenience Store, Hoagy House, Family Dollar, and the South Shore Branch of the Chicago Public Library. Commute easily via ME Metra Electric at the nearby South Shore stop and CTA bus lines 6, 26, & 71. Section 8 is accepted. Call now to schedule your showing!


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.
9.5
/10
Excellent
7240 S Yates is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Location, which help to make this rental a great place to call home.
How we rated 7240 S Yates
Price·10A 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.
7240 S Yates offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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, 7240 S Yates 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·10A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
7240 S Yates offers residents unparalleled convenience to popular points of interest, transportation, schools, and more, which provide an elevated quality of life. Communication with management is usually quick and easy, allowing for a more expedited application and renting process, saving you time and money.
Quality·10A 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.
7240 S Yates has notable characteristics that give it an edge. It is a verified property that stands out from others nearby as an exceptional choice for renters looking for a specific lifestyle. Offering a combination of prestige, modernity, and tailored living experiences, residents can expect nothing short of excellence at 7240 S Yates.
Trustworthiness·9A 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.
7240 S Yates has gone above and beyond to craft a useful, detailed description, demonstrating transparency and trustworthiness, and giving renters a clear picture of what to expect from the property and its management, so they can make an informed decision about whether the rental meets their needs.

7240 S Yates is great for:

Pet owners

  • 1 pet grooming service nearby
  • 2 pet supply stores near the property

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 Yates compares to other nearby properties.

Positives

More space
The 3-bedroom is 325 sqft larger than other listings nearby
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 1 mile away

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Rent trends in South Shore

3-bedroom apartments at 7240 S Yates cost about 14% less than the average rent price for 3-bedroom apartments in South Shore.

Median rents as of May 9 2026.
South Shore
Chicago
A table of studio rental data trends in Chicago
MonthMedian Rent
May 2024$1,760
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$1,657
April 2026$1,637
May 2026$1,672
A table of studio rental data trends in South Shore
MonthMedian Rent
May 2024$900
June 2024$900
July 2024$825
August 2024$789
September 2024$812
October 2024$862
November 2024$796
December 2024$869
January 2025$888
February 2025$894
March 2025$895
April 2025$898
May 2025$898
June 2025$852
July 2025$882
August 2025$859
September 2025$851
October 2025$872
November 2025$1,016
December 2025$888
January 2026$903
February 2026$953
March 2026$941
April 2026$930
May 2026$930

Affordability calculator

Can I afford to live at 7240 S Yates Blvd?

Bedrooms

3 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

$59,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $59,000 annually to afford this 3-bedrooms monthly rent price of $1,475.
For more information on rent affordability, visit our rent calculator.

Schools near 7240 S Yates

Bouchet Elementary Math & Science Academy

7355 s jeffery blvd

chicago, IL, 60649

PK, K-8Public
C-

South Shore Fine Arts Elementary School

1415 e 70th st

chicago, IL, 60637

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-

Sadlowski Elementary School

3930 e 105th st

chicago, IL, 60617

PK, K-8Public
C-
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Internet available near 7240 S Yates

Getting around Chicago near 7240 S Yates Blvd

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

8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

8/10
Popular public transit options are just a short walk from this location.

Points of interest for 7240 S Yates Blvd, Chicago

Groceries

8/10
At least one supermarket within a 15-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

2/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

7/10
At least one elementary school within a 15-minute walk

High schools

8/10
At least one high school within a 10-minute walk

Parks

10/10
Exceptionally large amount of park space within a few minutes’ walk

Nightlife

3/10
Some bars within walking distance

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