Rare Corner Unit | Private Entrance | Fully Remodeled | Sun-Filled Welcome to 2601 W. 55th St., Unit B3, Chicago, IL 60632 a rare rental opportunity offering privacy, natural light, and a fully remodeled interior in a highly convenient Chicago location. This is a true corner unit with its own private entrance and exit, meaning there are no shared interior hallways. The result is a quieter, more private living experience that feels closer to a private home than a traditional apartment. Inside, the unit is freshly remodeled with modern flooring, fresh paint, and clean, neutral finishes throughout. Large windows on multiple sides fill the space with natural light all day, creating a bright and open atmosphere. The layout is flexible and functional, ideal for both comfortable living and work-from-home setups. Located in the heart of Gage Park, you are minutes from everyday essentials including Jewel-Osco, ALDI, Pete's Fresh Market, Walmart, Walgreens, and Ford City Mall with retailers such as Target, Marshalls, Ross, Burlington, and more. Dining options nearby include Chick-fil-A, Chipotle, Culver's, Raising Cane's, Starbucks, Dunkin', Giordano's, plus many local restaurants, bakeries, and authentic Mexican eateries along 55th Street and Kedzie Avenue. Outdoor recreation is nearby at Gage Park, offering walking trails, sports fields, playgrounds, tennis courts, and an outdoor pool, along with Marquette Park and Strohacker Park. Commuting is convenient with nearby CTA bus routes, access to the Orange Line, I-55, Midway Airport, and easy access to downtown Chicago. Nearby schools include Carson Elementary, Sor Juana Ines de la Cruz, Peck Elementary, Hernandez Middle School, and Gage Park High School. Utilities Tenant is responsible for ComEd (electric) and Peoples Gas, billed based on actual usage. Occupancy Standard In accordance with Cook County occupancy guidelines, occupancy is limited to two (2) persons per bedroom unless otherwise permitted by applicable law. Chicago Residential Landlord & Tenant Ordinance (CRLTO) This property is professionally managed in compliance with the Chicago Residential Landlord and Tenant Ordinance (CRLTO). All required disclosures will be provided before lease signing. Rental Application & Underwriting Process Thank you for your interest in our property. To ensure a fair, consistent, and transparent screening process, all applicants must complete the following steps. Step 1: Schedule a Property Showing All prospective applicants are encouraged to view the property before submitting an application. Step 2: Submit an Application Each adult (18 years of age or older) who will occupy the property must submit a separate application. Application Fees (Non-Refundable) Primary Applicant: $35.00 Each Additional Adult (18+): $20.00 Once all applications have been received, the underwriting process will begin. Step 3: First Underwriting Review Income Verification Our first underwriting review focuses on verifying the household's financial qualifications and ability to meet the rental obligation. To be considered, applicants must: Have a combined gross monthly household income of at least three (3) times the monthly rent. Provide three (3) months of bank statements. Provide three (3) months of paycheck stubs or other acceptable proof of income. Provide two (2) valid government-issued forms of identification for each adult applicant. If additional verification is needed due to inconsistencies or gaps in the documentation provided, we may request up to two (2) additional months of supporting financial documentation before proceeding. For your privacy, applicants may black out bank account numbers or other sensitive account information. However, your full name, address, financial transactions, and all other required information must remain clearly visible and legible on all submitted documentation. Our underwriting team reviews all documentation to verify financial stability, income consistency, and the household's ability to satisfy the monthly rental obligation. Step 4: Second Underwriting Review Third-Party Screening Applicants who successfully complete the initial income underwriting review will move to the second phase of the screening process. This review is completed through our third-party screening provider, RentSpree. Third-Party Screening Fee $49.99 per adult applicant The third-party screening includes: Credit Report Credit Score Review Rental History Review Eviction History Review Criminal Background Screening (performed in compliance with all applicable Chicago Fair Housing and Fair Chance Housing Ordinances) Minimum screening requirements include: Minimum credit score of 550 No evictions within the past 10 years Move-In Costs Non-Refundable Move-In Fee: $500.00 Non-Refundable Administrative Fee: $300.00 First Month's Rent: $1,000.00 Total Move-In Cost: $$1,800.00 Occupancy Standards Maximum occupancy is two (2) persons per bedroom. Children two (2) years of age and younger are not counted toward the occupancy limit. Important Information All application and screening fees are non-refundable. Every adult (18 years of age or older) must complete the application and screening process. Applications must be complete before they can be reviewed. Additional documentation may be requested at any time during the underwriting process. Providing false, misleading, altered, or incomplete information may result in denial of the application. Meeting the minimum qualification requirements does not guarantee approval. Each application is reviewed as a whole using our established underwriting guidelines and applicable fair housing laws. We appreciate your interest in renting with us and look forward to assisting you throughout the application process. I and J Good Rentals LLC Office Hours: Mon - Fri (10 am - 3 pm) Move-In Costs Non-Refundable Move-in Fee: $500.00 Non-Refundable Administrative Fee: $300.00 Non-Refundable First Month's Rent: $1,000.00 Total Move-In Cost: $1,800.00 Occupancy Standards Maximum occupancy: Two (2) persons per bedroom Children two (2) years of age and under are not counted toward occupancy limits. Identification Requirements Two (2) valid forms of government-issued identification are required for each adult applicant. Screening Process (Two-Step Review) Step 1: Preliminary Income Review Income documentation is reviewed first to confirm affordability. Applicants who meet the income requirements may proceed to Step 2. Step 2: Full Screening (via Third Party) Credit review: $50.00 per adult Eviction history review Credit Criteria * Minimum credit score: 550 or higher * Credit history is reviewed as part of the overall application package. * No single factor is considered in isolation. Eviction History No evictions within the past ten (10) years * The eviction was dismissed. * The eviction was never executed. * The eviction was legally vacated or removed. Criminal Background Review Criminal background screening (Chicago-compliant) is conducted only after income verification and credit qualification requirements have been met. Additional Notes * All adults 18 years of age or older must submit an application and complete the screening process. * Applications must be complete to be considered. * Providing false or misleading information may result in denial. * Meeting the minimum screening criteria does not guarantee approval.
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