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5+ Days Ago
Highlights
Pet Friendly
- Stainless steel appliances
- Laundry facility
- Outdoor pool
- Granite countertops
- Carpet
- On-site parking
Location
1123 S Michigan Ave, Chicago, IL 60605, USA|Loop
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Property Overview
Featuring stainless steel appliances and granite countertops, this property offers attractive modern amenities alongside an outdoor pool and on-site laundry facility. It excels in social life with its proximity to diverse restaurants and community spaces, while also being pet-friendly with multiple dog parks and grooming services nearby. Additionally, on-site fitness options and access to numerous parks support an active lifestyle, enhancing its appeal as a well-rounded living space.
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- Elementary school nearby
- Images Available
Great for
Social life
Pet owners
Wellness
Amenities for 1123 S Michigan Ave, Loop
Features
| Air Conditioning | Carpet |
| Central Heat | Forced Air |
| Freezer | Hardwood Floor |
Appliances
| Dishwasher | In-Unit Laundry |
| Microwave | Range/Oven |
| Refrigerator |
Tech
| Wired For Internet |
Community
| Cats OK | Controlled Building |
| Dogs OK | Fitness Center |
| Onsite Laundry | Roof Deck |
| Security Cameras |
Grounds
| Garage Parking | Swimming Pool |
Neighborhood
| Near Parks |
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.
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 1123 S Michigan Ave
Property Id: 1503704 Sitting just steps away from Grant Park, this South Loop high-rise features an outdoor pool and sundeck, with cabanas, TVs, grills and firepits. Tenants will also enjoy an on-site gym, dry cleaners, wine cellar, and 24-hour door staff. This building is 100% smoke-free. Many of these units include stunning views of the city or lake, and each includes central heat and air conditioning. Select units have been renovated with hardwood style flooring in the entry and kitchen, stainless steel appliances and granite countertops. All renovated units include an in-unit washer and dryer except for studios. Modified units offer carpet, white kitchens, and a laundry facility. Parking is available on-site at an additional charge. Cats and dogs are accepted throughout and there is a 24-hour dog run and warming deck for your dog (dog breed restrictions apply, but there is no weight limit).
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 1123 S Michigan Ave compares to other nearby properties.
Positives
- Less expensive
- Studio units are cheaper than other similar listings nearby
- Elementary school nearby
- There is an elementary school 0.2 mile away
- Images Available
- There are at least 10 photos of this address
Address details
| Neighborhood | Loop |
|---|---|
| Zip code | 60605 |
| Type | Condo for rent |
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Rent trends in Loop
studio apartments at 1123 S Michigan Ave cost about 15% less than the average rent price for studio apartments in Chicago.
Median rents as of May 2 2026.
Loop
Chicago
| Month | Median Rent |
|---|---|
| May 2024 | $1,755 |
| 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 | $1,637 |
| May 2026 | $1,665 |
| Month | Median Rent |
|---|---|
| May 2024 | $1,998 |
| 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 | $2,248 |
| May 2026 | $2,241 |
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 1 year ago | $2,780 |
| 1 year ago | $1,828 |
Schools near 1123 S Michigan Ave
South Loop Elementary School
1212 s plymouth ct
chicago, IL, 60605
PK, K-8Public
B+
Bridgeport Child Development Center
3053 s normal ave
chicago, IL, 60616
PKPublic
Ruben Salazar Bilingual Center
160 w wendell st
chicago, IL, 60610
PK, K-8Public
C+
Chicago Commons Guadalupano Family Center
1814 s paulina ave
chicago, IL, 60608
PKPublic
Rudolph Elementary Learning Center
1628 w washington blvd
chicago, IL, 60612
PK, K-7Public
C+
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Internet available near 1123 S Michigan Ave
Neighborhood
Loop | Chicago, IL
Getting around Chicago near 1123 S Michigan Ave
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 1123 S Michigan Ave, Chicago
Groceries
10/10
At least one supermarket within a 5-minute walk
Shopping
10/10
Exceptional variety of shops within a few minutes’ walk
Cafes
9/10
Exceptional variety of cafés within a few minutes’ walk
Restaurants
9/10
Exceptional variety of restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
10/10
Exceptionally large amount of park space within a few minutes’ walk
Nightlife
9/10
Exceptional variety of bars right within a few minutes’ walk
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