This 20 unit building in Washington Park, Chicago features great amenities. Walking distance to Dunkin Donuts, Sherwood Park, Super Low Foods and can be easily accessed via the CTA Green and Red Lines at Garfield and CTA bus lines 3, 29, & 59. Section 8 is accepted. Call today to schedule a showing!
Located at 5854 S Michigan Ave in Chicago, this rental property is managed by Pangea Real Estate. With its convenient location, this property offers easy access to nearby neighborhoods such as Washington Park and Hyde Park.
Featuring 2 and 3 bedroom floor plans, the units at 5854 S Michigan Ave range in size from 725 to 1,200 square feet, providing ample living space for residents. The apartments come equipped with a range of amenities, including a balcony, deck, and patio for outdoor relaxation. Additionally, there is on-site laundry available for the convenience of the residents.
Inside the units, residents will enjoy hardwood floors, a refrigerator, range/oven, and freezer. The apartments also come pre-wired for phone and cable connections, ensuring that residents have easy access to technology. The added perk of free heat is included, providing warmth and comfort during the colder months.
Surrounded by various amenities and attractions, residents of 5854 S Michigan Ave will find themselves within walking distance of Dunkin Donuts, Sherwood Park, and Super Low Foods. Public transportation options are also readily available, with the CTA Green & Red Rail Lines in close proximity.
This property is Section 8 accepted, providing rental assistance to those who qualify. For those interested in scheduling a showing or learning more about the property, contact Pangea Real Estate. Additionally, Pangea offers a range of other nearby apartments in Washington Park, West Englewood, Grand Crossing, and Bronzeville.
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 5854 S Michigan Ave by bedroom type below.
2 Bedroom
Suggested income:
$44,100
per year
Rent report
5854 S Michigan Ave Rent vs. Chicago Average
5854 S Michigan Ave
Chicago Average
2BR
$1,225
$2,509
$0
$850
$1,700
$2,550
$3,400
5854 S Michigan Ave is asking 51%
less than the average 2 bedroom apartment in
Chicago.
If you upsized to an average priced Chicago 3 bedroom apartment, you would pay
17% more per month.
If you downsized to an average priced Chicago 1 bedroom apartment,
you would pay 23% less per month.
5854 S Michigan Ave provides 27%
less square footage than the average
Chicago 2 bedroom apartment.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
5854 S Michigan Ave
2BR
$1,225
$1.70
$3,675
Chicago Average
Studio
$1,594
$3.40
$4,782
1BR
$2,034
$2.90
$6,101
2BR
$2,509
$2.50
$7,527
3BR
$3,033
$2.40
$9,100
4BR
$3,527
$2.20
$10,580
Availability in Chicago
In order to find the best deal, you need to know what types of units are available. Property managers may be willing to
give concessions if they have many vacant units.
There are currently 3,861 1BR
units on the market in Chicago. If you're looking to negotiate, this may be your best option.