5+ Days Ago
Highlights
Pet Friendly
- Spacious closets
- Oversized windows
- Gleaming hardwood flooring
- Outdoor grilling
- High-end finishes
- Indoor and outdoor lounge
Location
897 S Michigan Ave, Chicago, IL 60605, USA|Loop
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Property Overview
Set along South Michigan Avenue, the home features oversized windows, gleaming hardwood floors, high-end finishes, spacious closets, and indoor/outdoor lounges with grilling areas. Strong value for money, proximity to a highly rated high school, and extensive nearby dining, parks, coworking spots, and pet services make it equally appealing for remote work, active lifestyles, socializing, and pet owners.
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
Less expensive- High school nearby
Great for
Social life
Work-from-home
Pet owners
Amenities for 897 S Michigan Ave, Loop
Features
| Dryer | Forced Air |
| Freezer | Hardwood Floor |
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Microwave |
| Range/Oven | Refrigerator |
Community
| Cats OK | Controlled Building |
| Dogs OK | Fitness Center |
| Residents Lounge | Security Cameras |
Grounds
| Assigned Parking | Hot Tub/Spa |
| Swimming Pool |
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
Parking Policy
Assigned Parking
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 897 S Michigan Ave
Sweet deal!
This listing is 12% below the median price for 1 bedroom apartments in Loop.
Property Id: 1601051 This glassy high rise offers upscale conveniences and accommodations, with the bonus of Grant Park and Lake Michigan at your doorstep. The Shops at Roosevelt Collection is a short walk, in addition to accessing Trader Joe’s and Jewel Osco along the way. Lakeshore Drive is quick access, easily connecting you to I-90/94 and I-290. The CTA redline is also a mere 5-minute walk for quick access. Upon entering each unit, you’re greeted with a large living space, gleaming hardwood flooring and oversized windows offering sweeping views of the city and park. High-end finishes with in-unit W/D and spacious closets round off each kitchen and bathroom to provide sleek, clean and streamlined apartments. Amenities included a luxurious Indoor Pool, Hot Tub, Upscale Fitness Center, Outdoor Grilling, Indoor and Outdoor Lounge, and More!!! Cats and dogs are welcome, there are breed restrictions. Parking is available at an additional cost.
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 897 S Michigan Ave compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- High school nearby
- There is a high school 0.2 mile away
Considerations
- Grow a garden indoors
- A balcony, backyard, or shared outdoor space isn't available
Address details
| Neighborhood | Loop |
|---|---|
| Zip code | 60605 |
| Type | Condo for rent |
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Rent trends in Loop
1-bedroom apartments at 897 S Michigan Ave cost about 12% less than the average rent price for 1-bedroom apartments in Chicago.
Median rents as of Apr 25 2026.
Loop
Chicago
| Month | Median Rent |
|---|---|
| May 2024 | $2,248 |
| June 2024 | $2,337 |
| 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 |
| Month | Median Rent |
|---|---|
| May 2024 | $2,453 |
| June 2024 | $2,538 |
| July 2024 | $3,364 |
| August 2024 | $2,618 |
| September 2024 | $2,591 |
| October 2024 | $2,545 |
| November 2024 | $2,483 |
| December 2024 | $2,355 |
| January 2025 | $2,381 |
| February 2025 | $2,427 |
| March 2025 | $2,485 |
| April 2025 | $2,549 |
| May 2025 | $2,602 |
| June 2025 | $2,640 |
| July 2025 | $2,725 |
| August 2025 | $2,630 |
| September 2025 | $2,564 |
| October 2025 | $2,575 |
| November 2025 | $2,449 |
| December 2025 | $2,499 |
| January 2026 | $2,504 |
| February 2026 | $2,535 |
| March 2026 | $2,652 |
| April 2026 | $2,678 |
Affordability calculator
Can I afford to live at 897 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
$93,880/yr
With your selected rent-to-income ratio, you'd ideally want to make $93,880 annually to afford this 1-bedroom monthly rent price of $2,347.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 1 year ago | $3,206 |
Schools near 897 S Michigan Ave
South Loop Elementary School
1212 s plymouth ct
chicago, IL, 60605
PK, K-8Public
B+
Ruben Salazar Bilingual Center
160 w wendell st
chicago, IL, 60610
PK, K-8Public
C+
Bridgeport Child Development Center
3053 s normal ave
chicago, IL, 60616
PKPublic
Rudolph Elementary Learning Center
1628 w washington blvd
chicago, IL, 60612
PK, K-7Public
C+
Chicago Commons Guadalupano Family Center
1814 s paulina ave
chicago, IL, 60608
PKPublic
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Internet available near 897 S Michigan Ave
Neighborhood
Loop | Chicago, IL
Getting around Chicago near 897 S Michigan Ave
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
9/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 897 S Michigan Ave, Chicago
Groceries
9/10
At least one supermarket within a 5-minute walk
Shopping
10/10
Exceptional variety of shops within a few minutes’ walk
Cafes
9/10
Exceptional variety of cafés within a few minutes’ walk
Restaurants
9/10
Exceptional variety of restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
10/10
Exceptionally large amount of park space within a few minutes’ walk
Nightlife
9/10
Exceptional variety of bars right within a few minutes’ walk
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