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| 2/1 | 2 bed | 1 bath | $2,051 /mo | 1 unit available | Welcome home to 4501 S. Michigan Ave, a spacious 2-bedroom apartment located in Chicago’s historic Bronzeville neighborhood. This unit offers comfortable living space and a convenient location with easy access to public transportation, shopping, restaurants, and everyday necessities. The property is conveniently located near 47th Street and multiple CTA options, making it easy to travel throughout the South Side and into Downtown Chicago. Residents are also just a short distance from Washington Park, the Illinois Institute of Technology, the University of Chicago, and the lakefront. Property Highlights: 2 spacious bedrooms Convenient Bronzeville location Easy access to CTA and public transportation Nearby shopping, restaurants, parks, and schools Quick access to Downtown Chicago CHA voucher holders are welcome to apply! Don't miss the opportunity to make this 2-bedroom apartment your new home. Schedule a showing today! | ||
| 3/2 | 3 bed | 2 bath | $2,537 /mo | 2 units available | Welcome home to this updated 3-bedroom, 2-bath unit at 4501-03 S Michigan Ave Chicago, IL 60653! Enjoy a newer kitchen, and hardwood floors throughout. Best of all, heat and hot water are covered by the owner. Set in a well-connected neighborhood with easy access to transit, everyday conveniences, and local hotspots. Contact us now to book your showing and secure your new home! |
Let's explore this property.
Apartment Amenities
| Heat and Hot Water |
One-time.
One-time. Refundable.
| Units | 15 |
|---|
Welcome home to 4501 S. Michigan Ave, a spacious 2-bedroom apartment located in Chicago’s historic Bronzeville neighborhood. This unit offers comfortable living space and a convenient location with easy access to public transportation, shopping, restaurants, and everyday necessities. The property is conveniently located near 47th Street and multiple CTA options, making it easy to travel throughout the South Side and into Downtown Chicago. Residents are also just a short distance from Washington Park, the Illinois Institute of Technology, the University of Chicago, and the lakefront. Property Highlights: 2 spacious bedrooms Convenient Bronzeville location Easy access to CTA and public transportation Nearby shopping, restaurants, parks, and schools Quick access to Downtown Chicago CHA voucher holders are welcome to apply! Don't miss the opportunity to make this 2-bedroom apartment your new home. Schedule a showing today!
How 4501-03 S Michigan Ave (NEW) compares to other nearby properties.
Positives
Considerations
If you decide to upgrade your space, you can expect 2-bedrooms at 4501-03 S Michigan Ave (NEW) to be 10% more than the average for similarly sized apartments in Grand Boulevard.
3-bedroom apartments at 4501-03 S Michigan Ave (NEW) cost about 1% more than the average rent price for 3-bedroom apartments in Grand Boulevard.
| Month | Median Rent |
|---|---|
| November 2024 | $1,562 |
| 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 |
| October 2026 | $1,726 |
| Month | Median Rent |
|---|---|
| November 2024 | $850 |
| March 2025 | $1,037 |
| April 2025 | $1,312 |
| May 2025 | $1,004 |
| June 2025 | $1,108 |
| July 2025 | $1,011 |
| August 2025 | $770 |
| September 2025 | $800 |
| October 2025 | $727 |
| November 2025 | $612 |
| December 2025 | $651 |
| January 2026 | $650 |
| February 2026 | $718 |
| March 2026 | $852 |
| April 2026 | $767 |
| May 2026 | $803 |
| June 2026 | $652 |
| July 2026 | $600 |
| August 2026 | $510 |
| September 2026 | $450 |
| October 2026 | $450 |
Can I afford to live at 4501 S Michigan Ave?
Bedrooms
Rent-to-income ratio
30%
$82,040/yr
8 w root st
chicago, IL, 60609
1119 e 46th st
chicago, IL, 60653
3053 s normal ave
chicago, IL, 60616
1653 west 43rd st
chicago, IL, 60609
3625 s hoyne ave
chicago, IL, 60609
Kenwood • 4726 S Woodlawn Ave
1–2 Beds
$1,495–$1,799
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
Hyde Park • 5200 S Blackstone Ave
1–2 Beds
$1,550–$1,995
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Hyde Park • 5252 S Cornell Ave
1–2 Beds
$3,000–$4,500
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Near North Side • 1 E Delaware Pl
1–2 Beds
$2,724–$4,598
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Loop • 29 S La Salle St
1–2 Beds
$2,670–$3,480
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Kenwood • 5035 S East End Ave
1–3 Beds
$1,875–$3,510
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Near West Side • 1313 W Randolph St
1 Bed
$2,700–$2,950
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Near West Side • 1035 W Van Buren St
1–3 Beds
$2,845–$4,420
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Kenwood • 4726 S Woodlawn Ave
1–2 Beds
$1,495–$1,799
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Hyde Park • 5200 S Blackstone Ave
1–2 Beds
$1,550–$1,995
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Hyde Park • 5252 S Cornell Ave
1–2 Beds
$3,000–$4,500
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Near North Side • 1 E Delaware Pl
1–2 Beds
$2,724–$4,598
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Loop • 29 S La Salle St
1–2 Beds
$2,670–$3,480
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Kenwood • 5035 S East End Ave
1–3 Beds
$1,875–$3,510
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Near West Side • 1313 W Randolph St
1 Bed
$2,700–$2,950
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Near West Side • 1035 W Van Buren St
1–3 Beds
$2,845–$4,420
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
