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NOVO Properties
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Managed by
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NOVO Properties
Our team has verified this company8201 S Michigan Avenue receives an impressive overall rating of 9.4 from Zumper, highlighting its excellent amenities, competitive pricing, and prime location, which scores a perfect 10. The property is situated on a quiet tree-lined street, offering a peaceful environment while remaining conveniently close to a top-rated middle school just over half a mile away and a grocery store within a 2.2-mile radius. These factors make it an exceptional choice for those seeking a high-quality living experience.
Things you’ll love
Great for
| 2 Bedroom | 2 bed | 1 bath | 850 sqft | $1,450 /mo | 1 unit available |
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Apartment Amenities
| Air Conditioning | Granite Countertops |
| Hardwood Floor | Remodeled Kitchen and Bathroom |
Appliances
| Gas Range | Refrigerator |
| Stainless Steel Appliances |
Building
| Cats OK | Dogs OK |
| Onsite Laundry |
Services
| On-Site Maintenance | Online Portal |
| Radiant Heat and Hot Water Included |
One-time.
One-time. Refundable.
2 cats max. | Restrictions: None.
Monthly. 2 dogs max. | Restrictions: Aggressive Breeds.
One-time fee per pet.
Questions about this property’s policies and fees?
| Units | 43 |
|---|
8201 S. Michigan Ave is a 43 unit property located in the Chatham neighborhood on Chicago’s South Side. Located on a quiet, tree-lined street, the property is surrounded by single family homes. 8201 S. Michigan Ave is comprised of twelve (12) 2Bd/1Ba units, twenty-eight (28) 1Bd/1Ba unit, and three (3) Studio apartments. The building features updated apartments and has had many recent capital improvements including a newer roof and new porches.
How 8201 S Michigan Avenue compares to other nearby properties.
Positives
Considerations
2-bedroom apartments at 8201 S Michigan Avenue cost about 12% more than the average rent price for 2-bedroom apartments in Chatham.
| Month | Median 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 |
| Month | Median Rent |
|---|---|
| May 2024 | $728 |
| June 2024 | $744 |
| July 2024 | $748 |
| August 2024 | $746 |
| September 2024 | $798 |
| October 2024 | $786 |
| November 2024 | $742 |
| December 2024 | $763 |
| January 2025 | $743 |
| February 2025 | $771 |
| March 2025 | $877 |
| April 2025 | $750 |
| August 2025 | $812 |
| September 2025 | $779 |
| October 2025 | $755 |
| November 2025 | $825 |
| December 2025 | $826 |
| January 2026 | $910 |
| February 2026 | $815 |
| March 2026 | $793 |
| April 2026 | $810 |
| May 2026 | $805 |
Can I afford to live at 8201 S Michigan Ave?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$58,000/yr
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