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NOVO Properties
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NOVO Properties
Our team has verified this company5609 S. Michigan offers a highly regarded location with access to downtown Chicago, enhancing its appeal. Its positive attributes include various pros that cater to different lifestyles, while notable features contribute to its desirability. Overall, the property presents a balanced combination of advantages and unique characteristics.
Things you’ll love
Great for
| 3 Bedrooms | 3 bed | 2 bath | 1,080 sqft | $1,595 /mo | 1 unit available |
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Apartment Amenities
| Air Conditioning |
Appliances
| Appliances Included |
Building
| Cats OK | Controlled Access |
| Dogs OK | Onsite Laundry |
Grounds
| Gated Community |
Services
| Radiant Heat and Hot Water Included | Water, Sewer and Trash Included |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Units | 25 |
|---|
5609 S. Michigan Avenue is a 25-unit apartment building located in Chicago’s Washington Park neighborhood. It is only 6 miles south of downtown Chicago. Established in 1869 as Chicago’s South Park by the Illinois State Legislature, the park and the surrounding area were meant to connect downtown and the West Park system. Renamed Washington Park in 1880 in honor of President George Washington, it is also home of the DuSable Museum of African American History. The park was also the proposed site of the Olympic Stadium in Chicago’s bid to host the 2016 Summer Olympics.
How 5609 S. Michigan compares to other nearby properties.
Positives
Considerations
3-bedroom apartments at 5609 S. Michigan cost about 16% less than the average rent price for 3-bedroom apartments in Washington Park.
| Month | Median Rent |
|---|---|
| March 2024 | $2,319 |
| April 2024 | $2,180 |
| May 2024 | $2,248 |
| June 2024 | $2,337 |
| July 2024 | $2,354 |
| August 2024 | $2,210 |
| September 2024 | $2,235 |
| October 2024 | $2,200 |
| November 2024 | $2,118 |
| December 2024 | $1,961 |
| January 2025 | $1,932 |
| February 2025 | $1,991 |
| March 2025 | $2,036 |
| April 2025 | $2,050 |
| May 2025 | $2,040 |
| June 2025 | $2,012 |
| July 2025 | $2,172 |
| August 2025 | $2,064 |
| September 2025 | $1,986 |
| October 2025 | $1,940 |
| November 2025 | $1,952 |
| December 2025 | $1,950 |
| January 2026 | $1,997 |
| February 2026 | $2,011 |
| Month | Median Rent |
|---|---|
| March 2024 | $1,075 |
| April 2024 | $1,127 |
| May 2024 | $1,198 |
| June 2024 | $1,096 |
| July 2024 | $1,059 |
| August 2024 | $1,050 |
| September 2024 | $1,050 |
| October 2024 | $1,100 |
| November 2024 | $1,090 |
| December 2024 | $1,100 |
| January 2025 | $1,131 |
| February 2025 | $1,162 |
| March 2025 | $1,104 |
| April 2025 | $1,049 |
| May 2025 | $1,027 |
| June 2025 | $1,099 |
| July 2025 | $1,130 |
| August 2025 | $1,143 |
| September 2025 | $1,136 |
| October 2025 | $1,128 |
| November 2025 | $1,165 |
| December 2025 | $1,148 |
| January 2026 | $1,150 |
| February 2026 | $1,150 |
Can I afford to live at 5609 S. Michigan Ave?
Bedrooms
3 bedroomsRent-to-income ratio
30%
$63,800/yr
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