5+ Days Ago
Highlights
Pet Friendly
Location
1171 S Michigan Ave, Chicago, IL 60605, USA|Loop
Tour 1171 S Michigan Ave
Contact
Molly Fortune
TurboTenant
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Property Overview
Located in a vibrant area, this property offers convenient parking options and is ideal for those seeking easy access to local amenities. Its prime location is excellent for urban living, with proximity to shops, dining, and cultural attractions. The overall design and features cater well to individuals looking for a dynamic lifestyle in the heart of Chicago.
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
- Walk-in closet
Great for
Social life
Pet owners
Wellness
Amenities for 1171 S Michigan Ave, Loop
Apartment Amenities
| Air Conditioning | Dryer |
| Freezer | Hardwood Floor |
| Walk-in Closet |
Appliances
| Dishwasher | In-Unit Laundry |
| Microwave | Range/Oven |
| Refrigerator |
Building
| Cats OK | Controlled Building |
| Dogs OK | Fitness Center |
| Onsite Laundry | Security Cameras |
| Wall |
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
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 1171 S Michigan Ave
Property Id: 1595093 Stainless steel appliances, hardwood flooring and walk in closets are few of the many luxury details. Feet from Super Target, Trader Joe's. To Apply: $50 application fee and $300 administration fee for background and credit checks. To qualify all applicants must have: -Ability to provide proof of income with past 2 paystubs or 3 months of bank statements that are (minimum&total) 3x amount of market rent. -Minimum credit score of 650 with no delinquencies (Co-signers are allowed for assistance in approval). For me to better assist you, please have the answers to the following questions: When is your move date?(is it flexible, if so how far in either direction) Any pets? Need parking? Budget(just rent)? What neighborhoods are you primarily interested in? When are you available for a showing? My service is FREE to you! If this option does not work for you, I would be happy to find one that does. For fastest response, please call or text Molly at 312-805-6567!:)
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 1171 S Michigan Ave, Chicago, IL 60605, USA compares to other nearby properties.
Positives
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- Elementary school nearby
- There is an elementary school 0.2 mile away
- Walk-in closet
- Rentals here may include more closet space than average
Address details
| Neighborhood | Loop |
|---|---|
| Zip code | 60605 |
| Type | Condo for rent |
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Rent trends in Loop
studio apartments at 1171 S Michigan Ave cost about 3% more than the average rent price for studio apartments in Chicago.
Median rents as of Sep 6 2025.
Loop
Chicago
| Month | Median Rent |
|---|---|
| September 2023 | $1,523 |
| October 2023 | $1,502 |
| November 2023 | $1,507 |
| December 2023 | $1,565 |
| January 2024 | $1,595 |
| February 2024 | $1,627 |
| March 2024 | $1,926 |
| 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 | $1,450 |
| Month | Median Rent |
|---|---|
| September 2023 | $2,055 |
| October 2023 | $2,021 |
| November 2023 | $1,903 |
| December 2023 | $1,902 |
| January 2024 | $1,926 |
| February 2024 | $1,928 |
| March 2024 | $2,511 |
| 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 | $2,201 |
Affordability calculator
Can I afford to live at 1171 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
$90,600/yr
With your selected rent-to-income ratio, you'd ideally want to make $90,600 annually to afford this studio monthly rent price of $2,265.
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.| Bath | |||||
|---|---|---|---|---|---|
| 7 months ago | $1,898 | Studio | 1 bath | ||
| 11 months ago | $1,674 | Studio | 1 bath | ||
| 8 years ago | $1,507 | 1 bed | 1 bath |
Schools near 1171 S Michigan Ave
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+
Skinner North Elementary School
640 w scott st
chicago, IL, 60610
K-8Public
A-
Thomas Early Childhood Center
3625 s hoyne ave
chicago, IL, 60609
PKPublic
Kellman Corporate Community Elementary School
3030 w arthington st
chicago, IL, 60612
PK, K-8Public
C-
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Internet available near 1171 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 1171 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 1171 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 1171 S Michigan Ave
Sky Grocer
1259 S Michigan Ave
Trader Joe's
1147 S Wabash Ave
Jewel-Osco
1224 S Wabash Ave
Lakeview Market Inc
1118 S Michigan Ave
Alfa Foods
1300 S Wabash Ave
A'neie's Accents & Accessories
1237 S Michigan Ave
H&M
150 W Roosevelt Rd
LOFT Stores
150 W Roosevelt Rd
Target
1154 S Clark St
Melt DeSigns Inc
47 W Polk St
Dunkin'
1231 S Wabash Ave
Stan's Donuts
26 E Roosevelt Rd
Dunkin'
22 E Roosevelt Rd
Overflow Coffee Bar
1312 S Wabash Ave
Bridgeport Coffee House
150 W Roosevelt Rd
AO Hawaiian Hideout
1315 S Wabash Ave
Square One
1400 S Michigan Ave
Victory Tap
1416 S Michigan Ave
Honey Berry Pancakes & Cafe
901 S State St
Weather Mark Tavern
1503 S Michigan Ave
Molly's Cupcake
1150 S Wabash Ave
Sweet Bean
1152 S Wabash Ave
Tea Pot Brew Bakery
1802 S Wabash Ave
GNC
1228 S Canal St
TNS Pop Shop
Daniel Webster Park
Mary Richardson Jones Park
Coliseum Park
Dearborn Park
Cotton Tail Park
Subway
1212 S Michigan Ave
Parent Petroleum
1221 S Wabash Ave
TCBY
1221 S Wabash Ave
Urban Counter
1221 S Wabash Ave
Jimmy John's
1250 S Michigan Ave
Michigan / Roosevelt
Cottage Grove, Cottage Grove Express, King Drive, Bronzeville / Union Station
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18th St.
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Roosevelt
Green Line, Orange Line, Orange Line, Green Line
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Red Line, Red Line
Harrison
Red Line, Red Line
Lasalle
Blue Line, Blue Line
Harold Washington Library
Purple Line, Brown Line, Orange Line, Pink Line
Other units at this address
1171 S Michigan Ave, Chicago, IL
1171 S Michigan Ave Chicago, IL
Occupied
1378
1 Bed
1 Bath
$1,507
High Ceilings • In-Unit Laundry • Dishwasher • Hardwood Floor • Air Conditioning
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