1 Day 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
Tour 1123 S Michigan Ave
Contact
Nearby rentals
Renter hub
Property management
Apartments for rent ChicagoApartments for rent Near North SideApartments for rent LakeviewApartments for rent Near West SideApartments for rent LoopApartments for rent UptownApartments for rent Rogers ParkApartments for rent EdgewaterApartments for rent South LoopApartments for rent Lincoln SquareApartments for rent West TownApartments for rent Logan SquareApartments for rent Lincoln ParkApartments for rent EvanstonApartments for rent Hyde ParkApartments Near Me
Houses for rent ChicagoHouses for rent Near West SideHouses for rent Near North SideHouses for rent LakeviewHouses for rent Rogers ParkHouses for rent Lincoln ParkHouses for rent EdgewaterHouses for rent West RidgeHouses for rent DeerfieldHouses for rent UptownHouses for rent Logan SquareHouses for rent WoodlawnHouses for rent DouglasHouses for rent EvanstonHouses for rent KenwoodHouses for rent near me
Property Overview
Featuring stainless steel appliances, granite countertops, and a laundry facility, this property offers modern amenities complemented by an outdoor pool and on-site parking. Its location fosters a vibrant social life with 537 restaurants and several community spaces, while nearby parks and fitness facilities enhance wellness opportunities. Pet-friendly amenities are also prevalent, with multiple grooming services and dog parks conveniently located.
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
Images Available
Great for
Social life
Pet owners
Wellness
Amenities for 1123 S Michigan Ave, Loop
Apartment Amenities
| Air Conditioning | Carpet |
| Central Heat | Forced Air |
| Freezer | Hardwood Floor |
Appliances
| Dishwasher | In-Unit Laundry |
| Microwave | Range/Oven |
| Refrigerator |
Tech
| Wired For Internet |
Building
| 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.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
Advertisement
About 1123 S Michigan Ave
Sweet deal!
This listing is 15% below the median price for studio apartments in Loop.
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
- Images Available
- There are at least 10 photos of this address
Address details
| Neighborhood | Loop |
|---|---|
| Zip code | 60605 |
| Type | Condo for rent |
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
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 Mar 14 2026.
Loop
Chicago
| Month | Median Rent |
|---|---|
| March 2024 | $1,987 |
| April 2024 | $1,745 |
| 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 | $1,655 |
| Month | Median Rent |
|---|---|
| March 2024 | $2,535 |
| April 2024 | $2,200 |
| 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 | $2,223 |
Affordability calculator
Can I afford to live at 1123 S Michigan Ave?
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
$76,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $76,000 annually to afford this studio monthly rent price of $1,900.
For more information on rent affordability, visit our rent calculator.
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+
Advertisement
Internet available near 1123 S Michigan Ave
Neighborhood
Loop | Chicago, IL
NEIGHBORHOOD VIBE
Lively and energetic
You’ll be in the heart of the action in this bustling and vibrant area with plenty of shopping, nightlife, and culture.
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
Explore the area around 1123 S Michigan Ave
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
A'neie's Accents & Accessories
1237 S Michigan Ave
The Dapper Club
1132 S Wabash Ave
H&M
150 W Roosevelt Rd
Advance Uniform Inc
33 E 13th St
Old Navy
150 E Roosevelt Rd
Dunkin'
1231 S Wabash Ave
Stan's Donuts
26 E Roosevelt Rd
Dunkin'
22 E Roosevelt Rd
Bridgeport Coffee House
150 W Roosevelt Rd
Dunkin'
400 S Fin Place SHP Ctr
AO Hawaiian Hideout
1315 S Wabash Ave
Honey Berry Pancakes & Cafe
901 S State St
Square One
1400 S Michigan Ave
Victory Tap
1416 S Michigan Ave
Kitty O'Sheas
720 S Michigan Ave
Molly's Cupcake
1150 S Wabash Ave
Sweet Bean
1152 S Wabash Ave
Mr Poppa Gourmet Popcorn
800 S Wells St
Murray's Cheese
1615 S Clark St
Tea Pot Brew Bakery
1802 S Wabash Ave
Daniel Webster Park
Mary Richardson Jones Park
Dearborn Park
Coliseum Park
Cotton Tail Park
Burger Bar Chicago
1150 S Michigan Ave
Charred Wing Bar
1150 S Michigan Ave
Mei's
1108 S Michigan Ave
Yolk-South Loop
1120 S Michigan Ave
Subway
1212 S Michigan Ave
Roosevelt / Michigan / Indiana
Roosevelt, Inner Lake Shore / Michigan Express
Michigan / Roosevelt
Bronzeville / Union Station, Cottage Grove Express, 16th / 18th, Cottage Grove, King Drive
Roosevelt / Michigan
Inner Lake Shore / Michigan Express, Roosevelt
Michigan / Roosevelt
Cottage Grove, Cottage Grove Express, King Drive, Bronzeville / Union Station
Michigan / 11th Street
Cottage Grove Express, King Drive, Bronzeville / Union Station, Cottage Grove
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
18th St.
Metra Electric
LaSalle Street
Rock Island
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
Compare similar properties nearby
- dogs and cats ok
- fitness center
- garage parking
- dogs and cats ok
- fitness center
- garage parking
Woodlawn Terrace
Our team has verified this companyKenwood • 4726 S Woodlawn Ave
Studio–1 Bed
$1,170–$1,829
- dogs and cats ok
- fitness center
- garage parking
Eugenie Terrace on the Park
Our team has verified this companyLincoln Park • 1730 N Clark St
Studio
$2,354–$3,381
- dogs and cats ok
- fitness center
- garage parking
Regents Park
Our team has verified this companyKenwood • 5035 S East End Ave
Studio–1 Bed
$1,699–$3,876
- dogs and cats ok
- fitness center
- garage parking
13thirteen Randolph Street Lofts
Our team has verified this companyNear West Side • 1313 W Randolph St
1 Bed
$2,221–$2,350
- dogs and cats ok
- fitness center
- garage parking
Landmark West Loop
Our team has verified this companyNear West Side • 1035 W Van Buren St
Studio
$2,259–$2,420
- dogs and cats ok
- fitness center
- garage parking
Millennium on LaSalle
Our team has verified this companyLoop • 29 S La Salle St
Studio–1 Bed
$2,128–$3,250
- dogs and cats ok
- fitness center
- garage parking
- dogs and cats ok
- fitness center
- garage parking
- dogs and cats ok
- fitness center
- garage parking
Woodlawn Terrace
Our team has verified this companyKenwood • 4726 S Woodlawn Ave
Studio–1 Bed
$1,170–$1,829
- dogs and cats ok
- fitness center
- garage parking
Eugenie Terrace on the Park
Our team has verified this companyLincoln Park • 1730 N Clark St
Studio
$2,354–$3,381
- dogs and cats ok
- fitness center
- garage parking
Regents Park
Our team has verified this companyKenwood • 5035 S East End Ave
Studio–1 Bed
$1,699–$3,876
- dogs and cats ok
- fitness center
- garage parking
13thirteen Randolph Street Lofts
Our team has verified this companyNear West Side • 1313 W Randolph St
1 Bed
$2,221–$2,350
- dogs and cats ok
- fitness center
- garage parking
Landmark West Loop
Our team has verified this companyNear West Side • 1035 W Van Buren St
Studio
$2,259–$2,420
- dogs and cats ok
- fitness center
- garage parking
Millennium on LaSalle
Our team has verified this companyLoop • 29 S La Salle St
Studio–1 Bed
$2,128–$3,250
- dogs and cats ok
- fitness center
- garage parking
Check availability
Studio apartment rentals in Loop1483 listings
1483 listings
2 Bedroom apartment rentals in Loop3113 listings
3113 listings
Studio apartment rentals in Chicago1483 listings
1483 listings
1 Bedroom apartment rentals in Chicago3010 listings
3010 listings
2 Bedroom apartment rentals in Chicago3113 listings
3113 listings
3 Bedroom apartment rentals in Chicago1357 listings
1357 listings
2 Bedroom house rentals in Chicago140 listings
140 listings
3 Bedroom house rentals in Chicago146 listings
146 listings
Advertisement