Compared to median rents in 60653, Bronzeville
REPAIR COPING
SCREEN OUTER DOORS, WINDOWS
WINDOW OPEN EASILY, STAY OPEN
WINDOW REPAIR FOR AIR SEEPAGE
REPAIR EXTERIOR WALL
7 questions answered
Based on recent listing data, rent for a 2-bedroom at 4240 S MICHIGAN AVE, Chicago, IL is approximately $1,595 per month.
Based on available records, 4240 S MICHIGAN AVE, Chicago, IL is not currently registered as rent stabilized. Rents at this building are likely set at market rate.
The registered owner of 4240 S MICHIGAN AVE, Chicago, IL is PERSEUS HOLDINGS III LLC. You can view their full portfolio of buildings on Lucid Rents.
4240 S MICHIGAN AVE, Chicago, IL has 1 building permit on record. Recent permit types include: PERMIT - RENOVATION/ALTERATION. Building permits can indicate ongoing construction or renovation work.
Yes, 4240 S MICHIGAN AVE, Chicago, IL has 258 Department of Buildings violations on record. These can include issues related to construction safety, building codes, and structural concerns.
4240 S MICHIGAN AVE, Chicago, IL offers 1 amenities including Hardwood Flooring. View the full amenity list on the building page.
The 60653 zip code where 4240 S MICHIGAN AVE, Chicago, IL is located has 12,120 crime incidents on record. Check the neighborhood report card for 60653 for a full breakdown by crime type.
| Type | Price Range |
|---|---|
| 2 Bed | $1,595 |
| Unit | Rent | As Of |
|---|---|---|
| — | $1,595/mo | Mar 2026 |
| — | $1,595/mo | Mar 2026 |
Based on listing data
vs. Neighborhood
10% below median
Best Time to Move
Cheapest: June
Based on listing data. Range shows min-max asking rents.
Based on listing data
Amenity premiums in this area
Below neighborhood average
Potential savings: ~39% by timing your move