House for rent

3 Days Ago

1720 S Michigan Ave
1720 S Michigan Ave, Chicago, IL 60616, USA

Monthly rent	$2,399–$3,000
Beds	2
Baths	1–2
Sqft	785–1,250

House for rent

3 Days Ago

1720 S Michigan Ave
1720 S Michigan Ave, Chicago, IL 60616, USA

House for rent

Monthly rent	$2,399–$3,000
Beds	2
Baths	1–2
Sqft	785–1,250

1720 S Michigan Ave
1720 S Michigan Ave, Chicago, IL 60616, USA

House for rent

Monthly rent	$2,399–$3,000
Beds	2
Baths	1–2
Sqft	785–1,250

3 Days Ago

2 Bed 1 bath unit

Address details

Units	104
Units available	4
Neighborhood
City
Zip code	60616

Property Overview

Featuring a modern kitchen with stainless steel appliances and floor-to-ceiling windows, this property offers a private balcony and in-unit laundry for enhanced convenience. Located just a short distance from a top-rated middle school, it presents excellent value, ranking in the 78.79 percentile for value compared to other nearby listings. With an extensive collection of 345 photos, prospective renters can gain a comprehensive view of the space.

Things you’ll love

Middle school nearby
Less expensive
Central heat

Great for

Pet owners

Highlights

private balcony
hardwood floors
modern kitchen
floor-to-ceiling windows

Units

1720 S Michigan Ave, Chicago, IL

1720 S Michigan Ave Chicago, IL

Show occupied

New Listing

2609

2 Beds

1 Bath

785 sqft

$2,399

Hardwood Floor • Dishwasher • In-Unit Laundry

Available

308

2 Beds

2 Baths

1,250 sqft

$2,850

Hardwood Floor • Dishwasher • Assigned Parking • In-Unit Laundry

New Listing

2708

2 Beds

2 Baths

1,100 sqft

$2,950

Balcony • Dishwasher • Assigned Parking • In-Unit Laundry • Air Conditioning • On-Site Laundry

New Listing

2603

2 Beds

1 Bath

– sqft

$3,000

Balcony • Dishwasher • Assigned Parking • In-Unit Laundry • Air Conditioning • Central Heat

Occupied

816

1 Bed

1 Bath

– sqft

$1,450

Balcony • Dishwasher • In-Unit Laundry • Carpet • Hardwood Floor • High Ceilings

Listed by Cogent Real Estate, LLC

Days on market: 4380

AGENTS: Call about co-op! If you have any questions or would like to schedule a showing, please call Lori at 773-697-4474. (Please, no emails or texts.) SOUTH LOOP: 8th floor of modern highrise building, 1BR/1BA condo! Incredible western exposure and city views! This one wonât last, folks! Unit features a lofty, open layout with a modern kitchen including granite countertops (including the island), stainless steel appliances (refrigerator with ice maker, stove, dishwasher and microwave), track lighting, stackable washer and dryer, a wall hall closet, hardwood floors, high ceilings, and the western wall is all glass and has a large sliding glass door leading you to the huge deck with room to spare! The queen-sized bedroom has plush, tan carpeting, a wall closet and a slightly exposed western wall to let in extra sunlight with doors leading to either hallway or bathroom. And, the generously-sized bathroom, with deep and wide soaker tub, has two doors connecting to the bedroom or the hallway. The elevator building with 24-hour concierge also has bike storage, and a preferable, rarely available and easy indoor garage parking spot is available for $150 per month. Tenant only pays electric-heat, cooking gas, hot water, basic cable and WiFi are all included!! Near South Loop Market, South Coast Sushi, Jewel, tons of public transportation and greenspace (including Museum Campus) and all the Roosevelt shopping you can handle! Living Room/Kitchen: 15-1/2 x 20 Bedroom: 11-1/2 x 10 Bathroom: 5-1/2 x 10 Balcony: 16-1/2 x 14-1/2 Excellent credit and background checks required (no collections, bankruptcies or evictions accepted). 1 year lease. First monthâs rent and 50% non-refundable move-in fee due at lease signing (includes association move-in fee). 1 (only) cat okay for an additional $200 non-refundable fee. (Sorry, no dogs.) Tenant pays only electricity. Call Lori at 773-697-4474/no emails or texts. Available now and easy to show! Cogent Real Estate, LLC â an IL licensed broker ChicagoApartmentsOnline.net

Occupied

2806

2 Beds

1 Bath

900 sqft

$1,900

Hardwood Floor • Carpet

Listed by Todd Hague

Days on market: 3471

1720 S Michigan Ave Apt 2806 Chicago IL 60616 Walking through the front door, you'll love the open and airy feeling of this 2 bedrooms, 1 bathroom, 900 sq ft home. Our recent updates on this already beautiful property have made this house perfect for you, whether you love to relax with family or entertain with friends. At this price it's a fantastic value, so apply now before it's too late! Please be aware that this home allows pets but with restrictions (Pit Bulls, Staffordshire Terriers, German Shepherds and Dobermans are not permitted in the Premises). Please review our Altisource Rental Homes pet policy on our website for more information. Condominiums and neighborhood Home Owner Associations may have additional restrictions. Please note that this property is part of a Homeowners Association (HOA). • HOA application fee of $250 may need to be paid by the Altisource-approved tenant, which is reimbursable upon presentation of receipt. • Upon submission of all requirements requested by the HOA, the HOA may take up to 30 days to review a tenant's application. • Move in date is subject to final review and approval of governing HOA. Additional information may be required. • HOA requires security deposit of $350. • Maximum of 2 pets allowed per unit. Tenant is responsible for any pool maintenance: Please refer to the lease for specific tenant responsibilities in the Tenant FAQs portion. Click here to take a Visual tour of this property Click Here to Apply Today! Upon approval, you will have 72 hours to sign the lease and pay a deposit equivalent to one month's rent. In order to secure the home and take it off the market, we require both the fully paid deposit and lease signed by ALL applicants. For property inquiries, please call our leasing center available 24 hours a day, 7 days a week! Altisource Rental Homes leasing@altisourcerentals.com 855-662-8987 Broker Firm Name: 1st Cornerstone Realty Inc Broker Name: Todd Hague Contact Phone: (773)-561-0062 Email: toddh@mfsloans.com

Amenities for 1720 S Michigan Ave

Some units at this address have these amenities. View unit details for more information.

Building

Dogs Ok
Cats Ok
On-Site Management
Fitness Center
Elevator
Garage Parking
On-Site Laundry
Storage
Outdoor Space
Door Person
Wheelchair Accessible
Roof Deck
Package Service
Concierge Service
Business Center
Dry Cleaning Service
Controlled Access
Swimming Pool

Unit Amenities

Hardwood Floor
Dishwasher
In-Unit Laundry
Balcony
Assigned Parking
Air Conditioning
Central Heat
Microwave
On-Site Laundry
High Ceilings
Carpet
Walk-In Closets
Ceiling Fan
Furnished

Policies at 1720 S Michigan Ave

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

About 1720 S Michigan Ave

Home

Houses in Chicago

South Loop

1720 S Michigan Ave #2609, Chicago, IL 60616, USA

Check out this fantastic property located at 1720 S Michigan Ave in the heart of Chicago's South Loop! This 103-unit building offers a spacious 2-bedroom floorplan, ranging in size from 1100 to 1250 square feet. Residents can enjoy top-notch amenities, including a private balcony, hardwood floors, modern kitchen with stainless steel appliances and granite countertops, in-unit laundry, and floor-to-ceiling windows. The building also features a range of convenient amenities, including a balcony patio, central heat, elevator, high-speed internet, package storage, and on-site laundry. Plus, with its proximity to top-rated schools, including an A-rated elementary and middle school, this property is a great choice for those who value education. One of the biggest advantages of this property is its excellent location, providing easy access to all that the South Loop has to offer.

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Address details

Units	104
Units available	4
Neighborhood
City
Zip code	60616

1720 S Michigan Ave #2609 is great for:

Pet owners

Outdoor spaces are available at this property
6 dog parks within 1 mile
6 pet grooming services nearby
5 pet hospitals in the area

Property highlights

How 1720 S Michigan Ave, Chicago, IL 60616, USA compares to other nearby properties.

Positives

Middle school nearby: There is a middle school 0.2 mile away
Less expensive: Some rentals at this address are cheaper than similar listings nearby
Central heat: This address offers a climate controlled environment
Elevator: Improved accessibility features
Extra Storage: Upgraded in-unit features
Images available: There are at least 10 photos of this address
Package service: More secure storage for delivery
Walk-in closet: Rentals here may include more closet space than average

Considerations

Greater distance from high schools: The nearest high school is farther than 1 mile away
Greater distance from grade schools: The nearest elementary school is farther than 0.5 mile away

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Rent trends in Chicago

If you decide to upgrade your space, you can expect 2-bedrooms at 1720 S Michigan Ave #2609 to be 9% less than the average for similarly sized apartments in South Loop.

Median rents as of Oct 25 2025.

South Loop

Chicago

A table of studio rental data trends in Chicago
Month	Median Rent
November 2023	$1,511
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

A table of studio rental data trends in South Loop
Month	Median Rent
November 2023	$2,003
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

Affordability calculator

Can I afford to live at 1720 S Michigan Ave?

Bedrooms

2 bedrooms

Rent-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

$116,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $116,000 annually to afford this 2-bedrooms median monthly rent price of $2,900.

For more information on rent affordability, visit our rent calculator.

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Rent history

Check out the past listing prices for monthly rent at 1720 S Michigan Ave, Chicago, IL.
			Bath
This month	$2,100	1 bed	1 bath
This month	$3,000	2 bed	1 bath
This month	$2,285	2 bed	1 bath
Last month	$2,150	2 bed	1 bath
Last month	$2,700	2 bed	1 bath
2 months ago	$3,250	2 bed	2 bath
2 months ago	$2,800	2 bed	1 bath
2 months ago	$2,200	1 bed	1 bath
3 months ago	$2,700	2 bed	1 bath
3 months ago	$2,300	1 bed	1 bath