1 Day Ago
Highlights
Pet Friendly
Location
1011 S Michigan Ave #1707, Chicago, IL 60605, USA|Loop
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Property Overview
High-rise South Loop condo offering lake and park views, modern finishes, and access to full-service building amenities. Well-suited for buyers or renters seeking an urban lifestyle with convenient access to transit, dining, cultural attractions, and the lakefront. Notable for its combination of location, building services, and in-unit comfort that supports both everyday living and work-from-home needs.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- High school nearby
Great for
Pet owners
Eco living
Work-from-home
Amenities for 1011 S Michigan Ave #1707, Loop
Apartment Amenities
| Balcony | Freezer |
| Hardwood Floor | Heat Pump |
Appliances
| Dishwasher | Garbage Disposal |
| Microwave | Range/Oven |
| Refrigerator |
Tech
| Cable Ready | Wired For Internet |
Building
| Business Center | Cats OK |
| Controlled Building | Dogs OK |
| Fitness Center | Onsite Laundry |
Grounds
| Garage Parking |
Neighborhood
| Street |
Other
| Designated Space |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 1011 S Michigan Ave #1707
Sweet deal!
This listing is 16% below the median price for studio apartments in Loop.
Property Id: 2477601 Located in the heart of the South Loop, this studio apartment features an efficient layout that makes the most of every square foot. The unit offers a well-proportioned living and sleeping area, a functional kitchen setup with a full-size dishwasher, and generous closet space. Residents enjoy access to a full suite of building amenities, including a fitness center, business center, party room, and 24-hour door staff, along with on-site maintenance and card-operated laundry for added convenience. Everyday essentials are close by with Trader Joe’s, Target, Jewel, and Whole Foods just down the street, while nearby museums, restaurants, and shops keep the neighborhood lively. Both cats and dogs are welcome within the community (breed and weight restrictions apply for dogs). Parking is available for an additional cost. Minimum Requirements: - Gross monthly income 3x the rent - 600+ credit score - No previous evictions, unpaid rent, property damage, or bankruptcy - Background check - Co-signors accepted *Pricing could be net effective of specials. Pricing, availability, and specials are subject to change at any time and without notice. Information is believed to be accurate; however, it is subject to errors and omissions. Photos may be of a similar unit.*
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1011 S Michigan Ave #1707 compares to other nearby properties.
Positives
- Less expensive
- Studio units are cheaper than other similar listings nearby
- High school nearby
- There is a high school 0.3 mile away
Address details
| Neighborhood | Loop |
|---|---|
| Zip code | 60605 |
| Type | Apartment for rent |
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Rent trends in Loop
studio apartments at 1011 S Michigan Ave #1707 cost about 16% less than the average rent price for studio apartments in Chicago.
Median rents as of Apr 11 2026.
Loop
Chicago
| Month | Median Rent |
|---|---|
| April 2024 | $1,675 |
| May 2024 | $1,751 |
| June 2024 | $1,764 |
| July 2024 | $1,931 |
| August 2024 | $1,691 |
| September 2024 | $1,682 |
| October 2024 | $1,630 |
| November 2024 | $1,568 |
| December 2024 | $1,501 |
| January 2025 | $1,483 |
| February 2025 | $1,495 |
| March 2025 | $1,520 |
| April 2025 | $1,512 |
| May 2025 | $1,502 |
| June 2025 | $1,531 |
| July 2025 | $1,580 |
| August 2025 | $1,516 |
| September 2025 | $1,473 |
| October 2025 | $1,495 |
| November 2025 | $1,520 |
| December 2025 | $1,495 |
| January 2026 | $1,496 |
| February 2026 | $1,516 |
| March 2026 | $1,657 |
| April 2026 | $1,627 |
| Month | Median Rent |
|---|---|
| April 2024 | $1,915 |
| May 2024 | $1,987 |
| June 2024 | $2,079 |
| July 2024 | $2,594 |
| August 2024 | $2,463 |
| September 2024 | $2,515 |
| October 2024 | $2,341 |
| November 2024 | $2,238 |
| December 2024 | $1,938 |
| January 2025 | $1,954 |
| February 2025 | $1,989 |
| March 2025 | $2,042 |
| April 2025 | $2,107 |
| May 2025 | $2,162 |
| June 2025 | $2,195 |
| July 2025 | $2,212 |
| August 2025 | $2,210 |
| September 2025 | $2,216 |
| October 2025 | $2,186 |
| November 2025 | $2,145 |
| December 2025 | $2,234 |
| January 2026 | $2,224 |
| February 2026 | $2,217 |
| March 2026 | $2,236 |
| April 2026 | $2,251 |
Affordability calculator
Can I afford to live at 1011 S Michigan Ave #1707?
Bedrooms
StudioRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$75,480/yr
With your selected rent-to-income ratio, you'd ideally want to make $75,480 annually to afford this studio monthly rent price of $1,887.
For more information on rent affordability, visit our rent calculator.
Schools near 1011 S Michigan Ave #1707
South Loop Elementary School
1212 s plymouth ct
chicago, IL, 60605
PK, K-8Public
B+
Ruben Salazar Bilingual Center
160 w wendell st
chicago, IL, 60610
PK, K-8Public
C+
Bridgeport Child Development Center
3053 s normal ave
chicago, IL, 60616
PKPublic
Rudolph Elementary Learning Center
1628 w washington blvd
chicago, IL, 60612
PK, K-7Public
C+
Chicago Commons Guadalupano Family Center
1814 s paulina ave
chicago, IL, 60608
PKPublic
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Internet available near 1011 S Michigan Ave #1707
Neighborhood
Loop | Chicago, IL
Getting around Chicago near 1011 S Michigan Ave #1707
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
9/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 1011 S Michigan Ave #1707, Chicago
Groceries
10/10
Several grocery stores nearby
Shopping
10/10
Wide variety of shops within a few minutes' walk
Cafes
9/10
Variety of cafés within a few minutes' walk
Restaurants
9/10
Variety of restaurants within a few minutes' walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Parks
10/10
Very large amount of park space within a few minutes' walk
Nightlife
9/10
Variety of bars within a few minutes' walk
Explore the area around 1011 S Michigan Ave #1707
Lakeview Market Inc
1118 S Michigan Ave
Trader Joe's
1147 S Wabash Ave
Sky Grocer
1259 S Michigan Ave
Jewel-Osco
1224 S Wabash Ave
Alfa Foods
1300 S Wabash Ave
H&M
150 W Roosevelt Rd
The Dapper Club
1132 S Wabash Ave
A'neie's Accents & Accessories
1237 S Michigan Ave
Advance Uniform Inc
33 E 13th St
Anke Loh
619 S Wabash Ave
Bridgeport Coffee House
150 W Roosevelt Rd
Stan's Donuts
26 E Roosevelt Rd
Dunkin'
1231 S Wabash Ave
Dunkin'
22 E Roosevelt Rd
Peet's Coffee
41 E 8th St
Kitty O'Sheas
720 S Michigan Ave
Honey Berry Pancakes & Cafe
901 S State St
AO Hawaiian Hideout
1315 S Wabash Ave
Buddy Guy's Legends
700 S Wabash Ave
Insta Bar
1400 S Lake Shore Dr
Molly's Cupcake
1150 S Wabash Ave
Sweet Bean
1152 S Wabash Ave
Mr Poppa Gourmet Popcorn
800 S Wells St
TNS Pop Shop
Murray's Cheese
1615 S Clark St
Daniel Webster Park
Dearborn Park
Mary Richardson Jones Park
Printers Row Park
Grant Park
Mei's
1108 S Michigan Ave
Yolk-South Loop
1120 S Michigan Ave
Burger Bar Chicago
1150 S Michigan Ave
Charred Wing Bar
1150 S Michigan Ave
Shang Noodle & Asian Small Plates-South Loop
1101 S Wabash Ave
Michigan / 11th Street
Cottage Grove Express, King Drive, Bronzeville / Union Station, Cottage Grove
Michigan / 11th Street
Cottage Grove Express, King Drive, Bronzeville / Union Station, Cottage Grove
Michigan / Roosevelt
Bronzeville / Union Station, Cottage Grove Express, 16th / 18th, Cottage Grove, King Drive
Michigan / 9th Street
Cottage Grove Express, Bronzeville / Union Station, King Drive, Cottage Grove
Roosevelt / Michigan / Indiana
Roosevelt, Inner Lake Shore / Michigan Express
Museum Campus / 11th St.
South Shore Line, South Shore Line
Museum Campus/11th St.
Metra Electric
Van Buren St.
South Shore Line, South Shore Line, Metra Electric
LaSalle Street
Rock Island
18th St.
Metra Electric
Roosevelt
Green Line, Orange Line, Orange Line, Green Line
Roosevelt
Red Line, Red Line
Harrison
Red Line, Red Line
Harold Washington Library
Purple Line, Brown Line, Orange Line, Pink Line
Lasalle
Blue Line, Blue Line
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