2 Days Ago
Location
1620 S Michigan Ave, Chicago, IL 60616, USA|South Loop
Tour 1620 S Michigan Ave
Contact
S.G.R.
Nearby rentals
Renter hub
Property management
Apartments for rent ChicagoApartments for rent LakeviewApartments for rent Near North SideApartments for rent Near West SideApartments for rent LoopApartments for rent UptownApartments for rent Rogers ParkApartments for rent Lincoln SquareApartments for rent EdgewaterApartments for rent Lincoln ParkApartments for rent South LoopApartments for rent Hyde ParkApartments for rent Logan SquareApartments for rent South ShoreApartments for rent EvanstonApartments Near Me
Houses for rent ChicagoHouses for rent DeerfieldHouses for rent SchaumburgHouses for rent GlenviewHouses for rent ManhattanHouses for rent Forest ViewHouses for rent Coal CityHouses for rent River GroveHouses for rent AuroraHouses for rent NapervilleHouses for rent PalatineHouses for rent Oak LawnHouses for rent LisleHouses for rent Arlington HeightsHouses for rent Forest ParkHouses for rent near me
Property Overview
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
Middle school nearby- More space
- Images Available
Great for
Eco living
Social life
Amenities for 1620 S Michigan Ave, South Loop
Features
| Hardwood Floor | Walk-in Closet |
Appliances
| Dishwasher | In-Unit Laundry |
| Microwave |
Community
| Onsite Laundry |
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
Advertisement
About 1620 S Michigan Ave
Sweet deal!
This listing is 20% below the median price for 1 bedroom apartments in South Loop.
Highly-desired large 1 bed/1 bath unit with floor-to-ceiling windows & unobstructed west & park views. Features hardwood floors, granite countertops, open concept kitchen with newer appliances, walk-in closet, large bedroom with new flooring/bathroom, & in-unit laundry. The building is located in the heart of the South Loop, direct access to the lakefront on 18th St, Soldier Field, parks, museums, dining, shops, & easy public transportation. Rent includes WiFi, cable, & all utilities except electric. Come see it today!
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 1620 S Michigan Ave compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.3 mile away
- More space
- The 1-bedroom is 160 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this address
- Walk-in closet
- More closet space on average
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
Address details
| Neighborhood | South Loop |
|---|---|
| Zip code | 60616 |
| Type | Condo for rent |
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in South Loop
1-bedroom apartments at 1620 S Michigan Ave cost about 20% less than the average rent price for 1-bedroom apartments in Chicago.
Median rents as of May 30 2026.
South Loop
Chicago
| Month | Median Rent |
|---|---|
| June 2024 | $2,344 |
| July 2024 | $2,354 |
| August 2024 | $2,210 |
| September 2024 | $2,235 |
| October 2024 | $2,200 |
| November 2024 | $2,118 |
| December 2024 | $1,961 |
| January 2025 | $1,932 |
| February 2025 | $1,991 |
| March 2025 | $2,036 |
| April 2025 | $2,050 |
| May 2025 | $2,040 |
| June 2025 | $2,012 |
| July 2025 | $2,172 |
| August 2025 | $2,064 |
| September 2025 | $1,986 |
| October 2025 | $1,940 |
| November 2025 | $1,952 |
| December 2025 | $1,950 |
| January 2026 | $1,997 |
| February 2026 | $2,041 |
| March 2026 | $2,232 |
| April 2026 | $2,219 |
| May 2026 | $2,257 |
| Month | Median Rent |
|---|---|
| June 2024 | $2,313 |
| July 2024 | $2,294 |
| August 2024 | $2,297 |
| September 2024 | $2,252 |
| October 2024 | $2,272 |
| November 2024 | $2,280 |
| December 2024 | $2,207 |
| January 2025 | $2,194 |
| February 2025 | $2,212 |
| March 2025 | $2,236 |
| April 2025 | $2,288 |
| May 2025 | $2,380 |
| June 2025 | $2,364 |
| July 2025 | $2,507 |
| August 2025 | $2,429 |
| September 2025 | $2,383 |
| October 2025 | $2,321 |
| November 2025 | $2,200 |
| December 2025 | $2,232 |
| January 2026 | $2,273 |
| February 2026 | $2,324 |
| March 2026 | $2,393 |
| April 2026 | $2,427 |
| May 2026 | $2,430 |
Affordability calculator
Can I afford to live at 1620 S Michigan Ave?
Bedrooms
1 bedroomRent-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
$78,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $78,000 annually to afford this 1-bedroom monthly rent price of $1,950.
For more information on rent affordability, visit our rent calculator.
Schools near 1620 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
Chicago Commons Guadalupano Family Center
1814 s paulina ave
chicago, IL, 60608
PKPublic
Bronzeville Classical Elementary School
8 w root st
chicago, IL, 60609
K-6Public
A-
Rudolph Elementary Learning Center
1628 w washington blvd
chicago, IL, 60612
PK, K-7Public
C+
Advertisement
Internet available near 1620 S Michigan Ave
Getting around Chicago near 1620 S Michigan Ave
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
4/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 1620 S Michigan Ave, Chicago
Groceries
9/10
At least one supermarket within a 5-minute walk
Shopping
8/10
Wide variety of shops within a few minutes' walk
Cafes
8/10
Several cafés within a few minutes’ walk
Restaurants
9/10
Exceptional variety of restaurants within a few minutes’ walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
9/10
Very 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 1620 S Michigan Ave
South Loop Market
1720 S Michigan Ave
Mariano's
1615 S Clark St
Lafrique Market
2011 S State St
Southloop Market
2135 S Michigan Ave
Alfa Foods
1300 S Wabash Ave
Happy Cleaners
1720 S Michigan Ave
Bates Design Inc
2031 S Indiana Ave
Executees Inc
61 W 15th St
Bintasagale
2031 S Clark St
Succezz By B&Vdot Inc
2214 S Michigan Ave
Dunkin'
1575 S Michigan Ave
Overflow Coffee Bar
1550 S State St
Overflow Coffee
1449 S Michigan Ave
Momentum Coffee
1900 S State St
Starbucks
1615 S Clark St
16th Street Bar
75 E 16th St
M Lounge
1520 S Wabash Ave
Weather Mark Tavern
1503 S Michigan Ave
Triad Sushi Lounge
1933 S Indiana Ave
Victory Tap
1416 S Michigan Ave
Tea Pot Brew Bakery
1802 S Wabash Ave
Murray's Cheese
1615 S Clark St
Sweet Bean
1152 S Wabash Ave
Molly's Cupcake
1150 S Wabash Ave
Eldo Bakery
227 W Cermak Rd
Fred Anderson Park
Fred Anderson Park
Margaret Hie Ding Lin Park
Dog Park
Chicago Women's Park and Gardens
Dunkin'
1575 S Michigan Ave
Spoke & Bird
205 E 18th St
La Cantina Grill
1911 S Michigan Ave
M Lounge
1520 S Wabash Ave
Weather Mark Tavern
1503 S Michigan Ave
Michigan / 18th Street
King Drive, Bronzeville / Union Station, Cottage Grove
Michigan / 16th Street
Cottage Grove, King Drive, Bronzeville / Union Station, Cottage Grove Express
Michigan / 18th Street
Bronzeville / Union Station, Cottage Grove, King Drive
Michigan / 16th Street
King Drive, Cottage Grove Express, Bronzeville / Union Station, Roosevelt, Cottage Grove
Indiana / 16th Street
Roosevelt
18th St.
Metra Electric
McCormick Place
South Shore Line, Metra Electric, South Shore Line
Museum Campus / 11th St.
South Shore Line, South Shore Line
Museum Campus/11th St.
Metra Electric
27th St.
Metra Electric
Cermak-McCormick Place
Green Line, Green Line
Cermak-Chinatown
Red Line, Red Line
Roosevelt
Green Line, Orange Line, Orange Line, Green Line
Roosevelt
Red Line, Red Line
Harrison
Red Line, Red Line
Compare similar properties nearby
Woodlawn Terrace
Our team has verified this companyKenwood • 4726 S Woodlawn Ave
Studio–2 Beds
$1,170–$2,154
- dogs and cats ok
- fitness center
- on-site laundry
The Blackwood
Our team has verified this companyHyde Park • 5200 S Blackstone Ave
1–2 Beds
$1,685–$2,385
- dogs and cats ok
- fitness center
- on-site laundry
Eugenie Terrace on the Park
Our team has verified this companyLincoln Park • 1730 N Clark St
Studio–3 Beds
$2,305–$6,740
- dogs and cats ok
- fitness center
- on-site laundry
Millennium on LaSalle
Our team has verified this companyLoop • 29 S La Salle St
Studio–2 Beds
$2,505–$5,294
- dogs and cats ok
- fitness center
- on-site laundry
Regents Park
Our team has verified this companyKenwood • 5035 S East End Ave
Studio–3 Beds
$1,740–$3,505
- dogs and cats ok
- fitness center
- on-site laundry
13thirteen Randolph Street Lofts
Our team has verified this companyNear West Side • 1313 W Randolph St
Studio–2 Beds
$2,009–$3,200
- dogs and cats ok
- fitness center
- on-site laundry
Landmark West Loop
Our team has verified this companyNear West Side • 1035 W Van Buren St
Studio–3 Beds
$2,245–$5,610
- dogs and cats ok
- fitness center
- on-site laundry
One East Delaware
Our team has verified this companyNear North Side • 1 E Delaware Pl
Studio–2 Beds
$2,319–$4,832
- dogs and cats ok
- fitness center
- on-site laundry
Woodlawn Terrace
Our team has verified this companyKenwood • 4726 S Woodlawn Ave
Studio–2 Beds
$1,170–$2,154
- dogs and cats ok
- fitness center
- on-site laundry
The Blackwood
Our team has verified this companyHyde Park • 5200 S Blackstone Ave
1–2 Beds
$1,685–$2,385
- dogs and cats ok
- fitness center
- on-site laundry
Eugenie Terrace on the Park
Our team has verified this companyLincoln Park • 1730 N Clark St
Studio–3 Beds
$2,305–$6,740
- dogs and cats ok
- fitness center
- on-site laundry
Millennium on LaSalle
Our team has verified this companyLoop • 29 S La Salle St
Studio–2 Beds
$2,505–$5,294
- dogs and cats ok
- fitness center
- on-site laundry
Regents Park
Our team has verified this companyKenwood • 5035 S East End Ave
Studio–3 Beds
$1,740–$3,505
- dogs and cats ok
- fitness center
- on-site laundry
13thirteen Randolph Street Lofts
Our team has verified this companyNear West Side • 1313 W Randolph St
Studio–2 Beds
$2,009–$3,200
- dogs and cats ok
- fitness center
- on-site laundry
Landmark West Loop
Our team has verified this companyNear West Side • 1035 W Van Buren St
Studio–3 Beds
$2,245–$5,610
- dogs and cats ok
- fitness center
- on-site laundry
One East Delaware
Our team has verified this companyNear North Side • 1 E Delaware Pl
Studio–2 Beds
$2,319–$4,832
- dogs and cats ok
- fitness center
- on-site laundry
Check availability
Studio apartment rentals in South Loop1592 listings
1592 listings
Studio apartment rentals in Chicago1592 listings
1592 listings
1 Bedroom apartment rentals in Chicago3160 listings
3160 listings
2 Bedroom apartment rentals in Chicago3081 listings
3081 listings
3 Bedroom apartment rentals in Chicago1454 listings
1454 listings
2 Bedroom house rentals in Chicago127 listings
127 listings
3 Bedroom house rentals in Chicago178 listings
178 listings
Advertisement