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Updated 2 Days Ago

Highlights

  • Pet Friendly

Location

701 N Lotus Ave, Chicago, IL 60644, USA|Austin
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Contact

Management

CYM Living LLC

Our team has verified this company

Leasing office

(877) 600-5391

Property Overview

701 N Lotus combines great amenities with strong value for money, ranking in the 76.19th percentile compared with nearby properties. It also offers close access to highly rated schools, with the nearest top-rated elementary and high school both within a short distance.

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

9.2
Excellent
701 N Lotus 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 Location and Quality, which help to make this rental a great place to call home.

Things you’ll love

  • Elementary school nearby
  • High school nearby
  • Images Available

Great for

  • Pet owners

Floor plans

3 Bedroom 1 Bath Apartment3 bed1 bath1,000 sqft$1,515 /mo1 unit available

Let's explore this property.

Amenities for 701 N Lotus

Apartment Amenities

1st FloorEat-in Kitchen
High End Finishes

Building

Cats OKDogs OK
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

Administration Fee

Monthly.

$15

OPTIONAL FEES

Parking Policy

Other

Parking Fee

Parking Fee

Monthly. 2 parking fees max.

$25

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Cat

Pet Terms

1 cat max.

Dog

Pet Terms

1 dog max.

Questions about this property’s policies and fees?

Building details

Property details

Units8
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About 701 N Lotus

HomeApartments in ChicagoAustin 701 N Lotus

This 8 unit building in Austin, Chicago features great amenities. Walking distance to Levin Park, Dunkin Donuts, Subway Restaurants, Bargain Foods, and the Austin Branch of the Chicago Public Library. Commute easily via CTA Green Rail Lines & 66 Chicago Bus Line. Section 8 is accepted. Call today to schedule a 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.
9.2
/10
Excellent
701 N Lotus 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 Location and Quality, which help to make this rental a great place to call home.
How we rated 701 N Lotus
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.
701 N Lotus 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, 701 N Lotus 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.
701 N Lotus 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.
701 N Lotus 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 701 N Lotus.
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.
701 N Lotus 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.

701 N Lotus is great for:

Pet owners

  • 1 pet hospital in the area
  • 1 pet supply store 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 701 N Lotus compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.1 mile away
High school nearby
There is a high school 0.2 mile away
Images Available
There are at least 10 photos of this address

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Rent trends in Austin

3-bedroom apartments at 701 N Lotus cost about 11% less than the average rent price for 3-bedroom apartments in Austin.

Median rents as of Aug 15 2026.
Austin
Chicago
A table of studio rental data trends in Chicago
MonthMedian 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
A table of studio rental data trends in Austin
MonthMedian Rent
August 2024$865
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$981

Affordability calculator

Can I afford to live at 701 N Lotus Ave?

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

$60,600/yr

With your selected rent-to-income ratio, you'd ideally want to make $60,600 annually to afford this 3-bedrooms monthly rent price of $1,515.
For more information on rent affordability, visit our rent calculator.

Schools near 701 N Lotus

Julia Ward Howe Elementary School of Excellence

720 n lorel ave

chicago, IL, 60644

PK, K-8Public
C-

Plato Learning Academy Elementary School

5545 w harrison st

chicago, IL, 60644

K-8Public
C-

Belmont-Cragin Elementary School

5252 w palmer st

chicago, IL, 60639

PK, K-8Public
C-

Chicago Commons Nia Family Center

744 n monticello ave

chicago, IL, 60624

PKPublic

Chicago Commons Taylor Center for New Experiences

1633 north hamlin ave

chicago, IL, 60647

PKPublic
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Neighborhood

Austin | Chicago, IL

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Chicago near 701 N Lotus Ave

Walking

8/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

5/10
This area is accessible to thoroughfares and has ample parking options.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

6/10
Popular public transit options are just a short walk from this location.

Points of interest for 701 N Lotus Ave, Chicago

Groceries

9/10
At least one supermarket within a 10-minute walk

Shopping

6/10
Several shops within a few minutes’ walk

Cafes

3/10
Some cafés within walking distance

Restaurants

6/10
Some restaurants within a few minutes’ walk

Primary schools

10/10
At least one elementary school within a 5-minute walk

High schools

10/10
At least one high school within a 5-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

3/10
Some bars within walking distance

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