2 Days Ago
Highlights
Pet Friendly
- Stainless steel appliances
- Granite countertops
- On-site parking
- Central heat and air conditioning
- Grills
- Cabanas
Location
1194 S Michigan Ave, Chicago, IL 60605, USA|Loop
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Property Overview
Situated in a vibrant neighborhood, this property features modern stainless steel appliances, granite countertops, and convenient on-site parking. It offers excellent value in terms of price and proximity to top-rated schools, pet-friendly amenities, and extensive dining options, making it ideal for those who appreciate an active social life. Additionally, the community supports wellness with various fitness facilities and outdoor spaces, enhancing the overall living experience.
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
Great for
Social life
Wellness
Pet owners
Amenities for 1194 S Michigan Ave, Loop
Apartment Amenities
| Air Conditioning | Central Heat |
| Dryer | Forced Air |
| Freezer | Hardwood Floor |
Appliances
| Dishwasher | In-Unit Laundry |
| Microwave | Range/Oven |
| Refrigerator |
Building
| Cats OK | Controlled Building |
| Dogs OK | Fitness Center |
| Roof Deck | Security Cameras |
Grounds
| Assigned 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
Parking Policy
Assigned Parking
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 |
|---|
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About 1194 S Michigan Ave
Sweet deal!
This listing is 23% below the median price for studio apartments in Loop.
Property Id: 1419330 Sitting just steps away from Grant Park, you are also just minutes away from the Shedd Aquarium, the Adler Planetarium, the Field Museum, and the Art Institute. This South Loop high-rise features an exquisite outdoor pool and sundeck, with cabanas, TVs, grills and firepits, all to enjoy the amazing Chicago summer. Tenants will also enjoy an on-site gym, dry cleaners, wine cellar, and 24-hour door staff. Many of these units include stunning views of the city or lake, and each includes central heat and air conditioning. Units have hardwood floors in the entry and kitchen, stainless steel appliances and granite countertops. 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 1194 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
Address details
| Neighborhood | Loop |
|---|---|
| Zip code | 60605 |
| Type | Condo for rent |
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Rent trends in Loop
studio apartments at 1194 S Michigan Ave cost about 23% less than the average rent price for studio apartments in Chicago.
Median rents as of Dec 13 2025.
Loop
Chicago
| Month | Median Rent |
|---|---|
| December 2023 | $1,595 |
| 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 | $1,473 |
| October 2025 | $1,495 |
| November 2025 | $1,520 |
| December 2025 | $1,495 |
| Month | Median Rent |
|---|---|
| December 2023 | $1,923 |
| 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 | $2,216 |
| October 2025 | $2,186 |
| November 2025 | $2,145 |
| December 2025 | $2,219 |
Affordability calculator
Can I afford to live at 1194 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
$69,080/yr
With your selected rent-to-income ratio, you'd ideally want to make $69,080 annually to afford this studio monthly rent price of $1,727.
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 | $1,639 |
Schools near 1194 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 1194 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 1194 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 1194 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 1194 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
Urban Counter
1221 S Wabash Ave
Jimmy John's
1250 S Michigan Ave
Burger Bar Chicago
1150 S Michigan Ave
Michigan / Roosevelt
Cottage Grove, Cottage Grove Express, King Drive, Bronzeville / Union Station
Roosevelt / Michigan / Indiana
Roosevelt, Inner Lake Shore / Michigan Express
Roosevelt / Michigan
Inner Lake Shore / Michigan Express, Roosevelt
Michigan / Roosevelt
Bronzeville / Union Station, Cottage Grove Express, 16th / 18th, Cottage Grove, King Drive
Michigan / 13th Street
Roosevelt, Cottage Grove, King Drive, Bronzeville / Union Station
Museum Campus / 11th St.
South Shore Line, South Shore Line
Museum Campus/11th St.
Metra Electric
18th St.
Metra Electric
Van Buren St.
South Shore Line, South Shore Line, 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
Lasalle
Blue Line, Blue Line
Harold Washington Library
Purple Line, Brown Line, Orange Line, Pink Line
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