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| Monthly rent | $1,850–$2,750 |
|---|---|
| Beds | 1–2 |
| Baths | 1–2 |
| Sqft | 650–1,200 |
2 Bed 2 bath unit
| Units | 104 |
|---|---|
| Units available | 4 |
| Neighborhood | |
| City | |
| Zip code | 60616 |
Featuring high-end stainless steel appliances and floor-to-ceiling windows, this property combines luxury with practical living. It ranks in the 90th percentile for value in the area and offers an impressive 148 photos for prospective renters. With access to outdoor spaces and numerous nearby dog parks, grooming services, and pet hospitals, it is particularly accommodating for pet owners.
Things you’ll love
Great for
New Listing
1 Bed
1 Bath
$1,850
In-Unit Laundry • Dishwasher • Hardwood Floor • Balcony
Available
2 Beds
1 Bath
$2,350
High Ceilings • In-Unit Laundry • Assigned Parking • Hardwood Floor • Balcony
Available
2 Beds
1 Bath
$2,400
High Ceilings • In-Unit Laundry • Walk-In Closets • Dishwasher • Hardwood Floor • Balcony
New Listing
2 Beds
2 Baths
$2,750
Walk-In Closets • On-Site Laundry • Balcony • Hardwood Floor
Some units at this address have these amenities. View unit details for more information.
Questions about this property’s policies and fees?
Don't miss this fantastic opportunity to live in the heart of Chicago's South Loop at 1620 S Michigan Ave! This 104-unit property offers 1- and 2-bedroom apartments, ranging from 650 to 1200 square feet. Enjoy high-end finishes like stainless steel appliances, hardwood floors, and granite countertops, as well as floor-to-ceiling windows and stunning city views from your private balcony. Take advantage of convenient amenities, including an elevator, high-speed internet, on-site laundry, and garage parking. Plus, with utilities included, you'll have one less thing to worry about. And, with top-rated schools nearby, you'll be surrounded by the best of Chicago's education system. As a bonus, this pet-friendly property offers a unique downtown living experience with 10 ft ceilings and ample closet space.
| Units | 104 |
|---|---|
| Units available | 4 |
| Neighborhood | |
| City | |
| Zip code | 60616 |
How 1620 S Michigan Ave, Chicago, IL 60616, USA compares to other nearby properties.
Positives
Considerations
1-bedroom apartments here are priced 16% lower than 1-bedrooms in South Loop.
If you decide to upgrade your space, you can expect 2-bedrooms at 1620 S Michigan Ave ##904 to be 16% less than the average for similarly sized apartments in South Loop.
| Month | Median Rent |
|---|---|
| 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 | $1,473 |
| October 2025 | $1,495 |
| November 2025 | $1,506 |
| Month | Median Rent |
|---|---|
| December 2023 | $2,051 |
| January 2024 | $2,087 |
| February 2024 | $2,098 |
| March 2024 | $2,111 |
| April 2024 | $2,093 |
| May 2024 | $2,007 |
| June 2024 | $2,014 |
| July 2024 | $2,073 |
| August 2024 | $1,979 |
| September 2024 | $1,998 |
| October 2024 | $2,084 |
| November 2024 | $2,017 |
| December 2024 | $1,937 |
| January 2025 | $1,892 |
| February 2025 | $1,930 |
| March 2025 | $1,935 |
| April 2025 | $1,951 |
| May 2025 | $2,032 |
| June 2025 | $2,075 |
| July 2025 | $2,136 |
| August 2025 | $2,086 |
| September 2025 | $2,092 |
| October 2025 | $2,053 |
| November 2025 | $1,940 |
Can I afford to live at 1620 S Michigan Ave?
Bedrooms
Rent-to-income ratio
30%
$74,000/yr
| Bath | |||||
|---|---|---|---|---|---|
| This month | $2,300 | 2 bed | 1 bath | ||
| Last month | $2,300 | 2 bed | 1 bath | ||
| Last month | $2,300 | 2 bed | 1 bath | ||
| Last month | $2,900 | 2 bed | 2 bath | ||
| Last month | $2,300 | 2 bed | 1 bath | ||
| 3 months ago | $2,500 | 2 bed | 1 bath | ||
| 3 months ago | $2,500 | 2 bed | 1 bath | ||
| 3 months ago | $2,500 | 2 bed | 1 bath | ||
| 5 months ago | $1,795 | 1 bed | 1 bath |
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