Comptroveby RentSpire

World Apartments

3615 S Michigan Ave, Chicago, IL, 60653

subsidized 80 units (unit count basis: listing-reported) Built 2000 FEMA/NRI hazard read: Relatively Low

Asking & effective rent by bedroom

Average asking rent across observed units: $4,195. Average effective rent: $4,195.

TypeAsking rentEffective rentAvg sqftObservations
2 bedroom$4,195$4,195not observed3

HUD Fair Market Rent gap

HUD area: Chicago-Joliet-Naperville, IL HUD Metro FMR Area.

FMR comparison not observed for this property.

Amenities

No amenities observed for this property.

Operator

not observed

Nearby comparable properties

Comparable apartments with rent data within 3 miles, ranked by the same similarity model used in the product.

No nearby comparables with rent data were found within 3 miles.

Sources & provenance

Sourced from https://davisapts.com — 3 observation(s), last observed May 6, 2026.

Data age: 103 days. Last observed: May 6, 2026.

Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent. Income-restricted product is never presented as a market-rate comparable — program type above reflects the governed affordability classification, not free-text asset labels.

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