Nearby rentals
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Property management
Pet Friendly
With a prime location on S Michigan Ave, the property offers a range of appealing features, including a 24-hour fitness center, outdoor pool, and business center. Ideal for residents who enjoy modern amenities, it features floor-to-ceiling windows and stainless steel appliances. Grilling stations provide a perfect space for outdoor gatherings, enhancing the overall living experience.
Things you’ll love
Elementary school nearbyFireplaceImages availableGreat for
Pet owners
Work-from-home
Social lifeApartment Amenities
| Air Conditioning | Dryer |
| Fireplace | Freezer |
| Hardwood Floor | Heat Pump |
| High Ceilings | Vaulted Ceiling |
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Microwave |
| Range/Oven | Refrigerator |
Tech
| Cable Ready | Wired For Internet |
Building
| Business Center | Cats OK |
| Controlled Building | Dogs OK |
| Fitness Center | Residents Lounge |
| Security Cameras |
Grounds
| Fenced Yard | Garage Parking |
| Lawn | Off-Street Parking |
| Outdoor Space | Swimming Pool |
Neighborhood
| Near Parks |
One-time.
One-time. Refundable.
Contact for more information on pet policy.
Questions about this property’s policies and fees?
| Lease terms | 12+ months |
|---|
Apartments in ChicagoSouth Loop 1240 South Michigan Avenue, Chicago, Illinois 60605, United StatesProperty Id: 1958238 Available ASAP 3 Bedroom Penthouse. Will rent quickly only 1 available. For the quickest response, please call/text Jack O'Brien @ 773-414-4222 Befitting the glory of Chicago's architectural history, this gorgeous high-rise has a modern urban feel highlighted by curved glass with sweeping city and lake views. With exceptional access to transit, you are 5 minutes to the Metra, CTA Red, Orange and Green Lines as well Lake Shore Drive and I-55. When you don't want to leave, head to the rooftop and enjoy the outdoor pool, hot tub, fireplace lounge and grilling stations with dining terrace. You also have a 24-hour fitness center, game room and business center to keep you occupied. The property is 100% non-smoking and offers 24-hour security door staffing and emergency maintenance. Urban luxury well describes these apartment homes, with open layouts and spacious rooms highlighted by floor-to-ceiling windows. Kitchens inspire with stainless steel appliances and granite countertops; many units even offer glass and wood front cabinets.
How 1240 S Michigan Ave, Chicago, IL 60605, USA compares to other nearby properties.
Positives
| Neighborhood | South Loop |
|---|---|
| Zip code | 60605 |
| Type | Apartment for rent |
3-bedroom apartments at 1240 South Michigan Avenue cost about 1% more than the average rent price for 3-bedroom apartments in Chicago.
| Month | Median Rent |
|---|---|
| December 2023 | $2,904 |
| January 2024 | $2,900 |
| February 2024 | $2,763 |
| March 2024 | $3,086 |
| April 2024 | $3,047 |
| May 2024 | $3,130 |
| June 2024 | $3,237 |
| July 2024 | $3,286 |
| August 2024 | $3,019 |
| September 2024 | $3,002 |
| October 2024 | $2,997 |
| November 2024 | $2,921 |
| December 2024 | $2,891 |
| January 2025 | $2,880 |
| February 2025 | $2,917 |
| March 2025 | $2,888 |
| April 2025 | $2,911 |
| May 2025 | $2,944 |
| June 2025 | $2,961 |
| July 2025 | $2,986 |
| August 2025 | $2,854 |
| September 2025 | $2,699 |
| October 2025 | $2,650 |
| November 2025 | $2,839 |
| December 2025 | $2,625 |
| Month | Median Rent |
|---|---|
| December 2023 | $6,170 |
| January 2024 | $6,177 |
| February 2024 | $6,380 |
| March 2024 | $5,936 |
| April 2024 | $4,913 |
| May 2024 | $4,850 |
| June 2024 | $4,899 |
| July 2024 | $4,597 |
| August 2024 | $4,249 |
| September 2024 | $4,431 |
| October 2024 | $4,758 |
| November 2024 | $4,732 |
| December 2024 | $4,500 |
| January 2025 | $4,659 |
| February 2025 | $4,770 |
| March 2025 | $4,863 |
| April 2025 | $4,626 |
| May 2025 | $4,994 |
| June 2025 | $4,608 |
| July 2025 | $5,288 |
| August 2025 | $4,393 |
| September 2025 | $4,898 |
| October 2025 | $4,695 |
| November 2025 | $4,525 |
| December 2025 | $4,292 |
Can I afford to live at 1240 South Michigan Avenue?
Bedrooms
3 bedroomsRent-to-income ratio
30%
$170,000/yr
| Bath | |||||
|---|---|---|---|---|---|
| Last month | $3,995 | 3 bed | 3 bath | ||
| 5 months ago | $4,150 | 3 bed | 3 bath | ||
| 2 years ago | $2,544 | 2 bed | 2 bath | ||
| 8 years ago | $2,234 | 2 bed | 2 bath |
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South Loop | Chicago, IL
Occupied
2 Beds
2 Baths
$2,234
Hardwood Floor • Dishwasher • In-Unit Laundry • High Ceilings • Air Conditioning
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