Condo for rent

Pet friendly

2 Days Ago

50 E 16th St
50 E 16th St, Chicago, IL 60616, USA

Monthly rent	$2,250–$2,700
Beds	Studio–1
Baths	1
Sqft	511–908

Condo for rent

Pet friendly

2 Days Ago

50 E 16th St
50 E 16th St, Chicago, IL 60616, USA

Condo for rent

Pet friendly

Monthly rent	$2,250–$2,700
Beds	Studio–1
Baths	1
Sqft	511–908

50 E 16th St
50 E 16th St, Chicago, IL 60616, USA

Condo for rent

Pet friendly

Monthly rent	$2,250–$2,700
Beds	Studio–1
Baths	1
Sqft	511–908

2 Days Ago

Studio 1 bath unit

Address details

Units	48
Units available	2
Neighborhood
City
Zip code	60616

Property Overview

Featuring 113 photos, the property stands out in the highly competitive 90.79 percentile for value per square foot. It offers excellent amenities for fitness and wellness, including an on-site gym and pool, as well as ample natural lighting. Additionally, the location promotes an active social life, with accessible public spaces and nearby outdoor areas, complemented by a pet-friendly environment with numerous parks and services.

Things you’ll love

More space
Extra Storage
Images available

Great for

Wellness
Pet owners
Social life

Highlights

Pet Friendly

Units

50 E 16th St, Chicago, IL

50 E 16th St Chicago, IL

Show occupied

New Listing

1602

Studio

1 Bath

511 sqft

$2,250

Microwave • In-Unit Laundry • Dishwasher • Fitness Center

Available

1111

1 Bed

1 Bath

908 sqft

$2,700

High Ceilings • Dishwasher • On-Site Laundry • Assigned Parking • Hardwood Floor • Balcony

Occupied

714

1 Bed

1 Bath

870 sqft

$2,300

Walk-In Closets • Air Conditioning • High Ceilings • Dishwasher • Microwave • Assigned Parking

Listed by Lisa Barroso

Days on market: 170

AVAILABLE NOW FOR SALE OR RENT! Welcome home to The Guild! Let the sun shine in as you enjoy this beautifully appointed 1bd/1bth West facing unit in one of the South Loop's premiere buildings! Private balcony and floor to ceiling windows line the combo dining/living room making this the perfect space for entertaining, or settling in to enjoy a sunset. Chef's kitchen includes stainless steel appliances including dishwasher and microwave, with soft-close cabinetry, custom shelving, quartz counters and undermount sink. Attractive entry way with built-in office nook, jack and jill bathroom doors, King-sized bedroom, walk-in closet, 10-foot ceilings, beautiful overhead lighting, and lots of storage give this condo an expansive feel. Enjoy the security of a 24 hour doorman, secure entrance, pull-up driveway, state of the art fitness center and shared 3rd floor outdoor terrace. $2300 rent includes water, gas, ac/heat, WIFI and cable through Xfinity (BYO router). You only pay electric! Prime location in heart of South Loop. Easy walk to CTA, Mariano's, Trader Joes, Target, Michigan Ave, Grant Park, Lakefront and more! In order garage parking spot available for additional $250/month. Pet-friendly, no breed restrictions. ****APPLICATION & FEES**** $65 non-refundable application fee via Westward360 application. First month's rent and one-time, non-refundable admin/move-in fee of $500 (no pets) or $750 (with pets) due at lease signing. NO SECURITY DEPOSIT. All applications and credit, income, employment and rental history reports. For best chance of qualifying applicants must have 600+ credit with no bankruptcies or evictions, and combined gross income greater than 3x the rent ($6900+/month). Applicants must attach the last two pay stubs and their ID to the application. Tenants must comply with building rules and regulations, including fees due to building HOA for all new occupants which include: $750 move-in fee paid up front with $250 refunded if there is no move damage. $100 annual dog registration fee.

Occupied

1302

1 Bed

1 Bath

900 sqft

$2,450

Air Conditioning • High Ceilings • Dishwasher • Microwave • Hardwood Floor • Balcony

Occupied

2 Beds, 1 Bath

2 Beds

1 Bath

– sqft

$2,500

Walk-In Closets • Air Conditioning • High Ceilings • Dishwasher • On-Site Laundry • Assigned Parking

Listed by Lisa Barroso MX

Days on market: 599

ZMP75530952 - AVAILABLE JUNE 1! MUST SEE! Welcome home to The Guild, a luxury condo building in the coveted South Loop Neighborhood. Modern, spacious, full amenity building! Enjoy lake views from your floor to ceiling windows and balcony in this South and East corner unit. Features include chefs kitchen with tall, white cabinetry, a hanging, lit (dimmable) pot rack over the kitchen island, quartz countertops, stainless steel appliances, hardwood floors, and 12 foot ceilings. Control the amount of natural light flooding the living space with custom window treatments and solar shades. The second bedroom is perfect for work from home and has a built-in Murphy Bed that can be stored away during the day. Enjoy the convenience of in-unit laundry and plenty of storage, including a well designed walk-in-closet that efficiently utilizes the homes vertical space and two other customized closets. The building has an expansive lobby, 24/7 doorman, state of the art fitness center, outdoor terrace with communal grills, and storage and bike locker in the garage. Rent includes storage locker, water, cooking gas, heat, cable and internet. One assigned parking spot in heated garage for $200/month. Bundled Service Fee of $42 charged monthly by the management company includes management services and general liability coverage. Positive credit reporting fee of $5/tenant also charged monthly. Pets welcomed with some restrictions and $150 pet inspection fee paid twice per year. Building is very pet friendly, across from Fred Anderson dog park. Walking distance of Lake Michigan, Museum Campus, Soldier Field, Target, Whole Foods, Trader Joes, Marianos, shopping, dining, the CTA and more. Rent includes one garage parking spot, gas, water, cable and internet!***APPLICATION & FEES***$65 non-refundable application fee via Westward360 app/lease. First month\'s rent of $2800 and one-time, non-refundable admin/move-in fee of $500 (no pets) or $750 (with pets) due within 24 hours of lease issuance. NO SECURITY DEPOSIT. To qualify applicants must have 650 or higher credit with no bankruptcies or evictions, and combined gross income greater than 3x the rent ($7500/month). Applicants must attach the last two pay stubs and their ID to the application. **The Guild HOA also charges $100/year dog registration fee and they collect a $500 refundable deposit for moves plus $250 nonrefundable move-in fee.**

Amenities for 50 E 16th St

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

Building

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

Unit Amenities

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

Policies at 50 E 16th St

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Garage Parking

Assigned Parking

Cat Policy

Allowed

Large Dog Policy

Allowed

Small Dog Policy

Allowed

Questions about this property’s policies and fees?

About 50 E 16th St

Home

Apartments in Chicago

South Loop

50 East 16th Street #1602, Chicago, Illinois 60616, United States

Interested in leasing 50 E 16th St, Chicago, IL 60616, USA? Currently, 50 E 16th St, Chicago, IL 60616, USA is available to rent or lease. It is a studio condo with 1 bathroom. Below, you can compare the rent price at 50 E 16th St, Chicago, IL 60616, USA vs overall rent prices in South Loop, IL. We have compiled nearby businesses and things to do close to 50 E 16th St, Chicago, IL 60616, USA.

Address details

Units	48
Units available	2
Neighborhood
City
Zip code	60616

50 East 16th Street #1602 is great for:

Wellness

On-site fitness center or gym
Ample windows and natural lighting
HVAC systems available onsite
Communal green spaces or garden

Pet owners

10 pet grooming services nearby
6 dog parks within 1 mile
13 pet supply stores near the property
4 pet hospitals in the area

Social life

Areas nearby are accessible by walking
This community has public spaces on site, like fitness centers or pools
Diverse age groups live in this area
The area has transit options

Property highlights

How 50 E 16th St, Chicago, IL 60616, USA compares to other nearby properties.

Positives

More space: The 1-bedroom is 176 sqft larger than other listings nearby
Extra Storage: Upgraded in-unit features
Images available: There are at least 10 photos of this address
Package service: More secure storage for delivery

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

Studio apartments at 50 East 16th Street #1602 cost about 17% more than the average rent price for studios in South Loop.

1-bedroom apartments here are priced 22% higher than 1-bedrooms in South Loop.

Median rents as of Nov 29 2025.

South Loop

Chicago

A table of studio rental data trends in Chicago
Month	Median Rent
December 2023	$1,575
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

A table of studio rental data trends in South Loop
Month	Median Rent
December 2023	$2,067
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	$1,929

Affordability calculator

Can I afford to live at 50 E 16th St?

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

$90,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $90,000 annually to afford this studio monthly rent price of $2,250.

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 50 East 16th Street, Chicago, IL.
			Bath
5 months ago	$2,300	1 bed	1 bath
6 months ago	$3,200	2 bed	2 bath
6 months ago	$3,750	2 bed	2 bath
6 months ago	$2,450	1 bed	1 bath
8 months ago	$3,900	2 bed	2 bath
8 months ago	$3,200	2 bed	2 bath
9 months ago	$2,750	2 bed	1 bath
10 months ago	$5,500	3 bed	2 bath
1 year ago	$3,800	2 bed	2 bath
1 year ago	$2,800	2 bed	2 bath

Schools near 50 East 16th Street #1602

Neighborhood

South 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 50 E 16th St

Walking

10/10

No car? No problem. Everything you need is within a few blocks.

Driving

5/10

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

9/10

Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 50 E 16th St, 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

8/10

At least one high school within a 15-minute walk

Parks

8/10

Very large amount of park space within a few minutes' walk

Nightlife

8/10

Wide variety of bars within a few minutes' walk

Explore the area around 50 E 16th St

South Loop Market

1720 S Michigan Ave

Mariano's

1615 S Clark St

Lafrique Market

2011 S State St

Alfa Foods

1300 S Wabash Ave

Jewel-Osco

1224 S Wabash Ave

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50 E 16th St50 E 16th St, Chicago, IL 60616, USA

50 E 16th St50 E 16th St, Chicago, IL 60616, USA

50 E 16th St50 E 16th St, Chicago, IL 60616, USA

Address details

Property Overview

Highlights

Units

1602

1111

1014

804

1105

804

410

610

814

711

1 Bed, 1 Bath

1314

310

311

1408

1011

314

910

1014SW

714

1302

1208

812

407

915

501

601

713

901

Unit 901

1013

2 Beds, 1 Bath

#804J

2 Beds, 2 Baths

609

1005

608

607

715

913

515

908

1304

315

0804TA

1305

1007

1107

Amenities for 50 E 16th St

Policies at 50 E 16th St

Applicants

Applicants

Applicants

Applicants

REQUIRED FEES

Move-In Fees

Move-In Fees

Security Deposit

Parking

Parking

Parking Policy

Pets

Pets

Cat Policy

Large Dog Policy

Small Dog Policy

About 50 E 16th St

Address details

50 East 16th Street #1602 is great for:

Property highlights

Get the latest listings anytime, anywhere

Rent trends in Chicago

Affordability calculator

50 E 16th St
50 E 16th St, Chicago, IL 60616, USA

50 E 16th St
50 E 16th St, Chicago, IL 60616, USA

50 E 16th St
50 E 16th St, Chicago, IL 60616, USA