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modified
5+ Days Ago

Location

1340 S Michigan Ave, Chicago, IL 60605, USA|South Loop

Floor plans

1 bed1 bed1 bath850 sqft
2 bed2 bed1 bath1,250 sqft
2 bed2 bed2 bath1,500 sqft

Available rentals nearby

featured image of 1000 S Michigan Ave

1000M Apartments

Our team has verified this company

Loop • 1000 S Michigan Ave

1–2 Beds

$3,643–$6,869

featured image of 29 S La Salle St

Millennium on LaSalle

Our team has verified this company

Loop • 29 S La Salle St

1–2 Beds

$2,882–$5,152

featured image of 525 S Dearborn St

525 S Dearborn Street

Our team has verified this company

Loop • 525 S Dearborn St

2 Beds

$2,850–$2,950

featured image of 4726 S Woodlawn Ave

Woodlawn Terrace

Our team has verified this company

Kenwood • 4726 S Woodlawn Ave

1–2 Beds

$1,599–$2,154

featured image of 1 E Delaware Pl

One East Delaware

Our team has verified this company

Near North Side • 1 E Delaware Pl

1–2 Beds

$2,877–$4,832

featured image of 537 S Dearborn St

537 S Dearborn Terminals Building

Our team has verified this company

Loop • 537 S Dearborn St

1–2 Beds

$1,950–$2,950

featured image of 5035 S East End Ave

Regents Park

Our team has verified this company

Kenwood • 5035 S East End Ave

1–2 Beds

$1,850–$2,955

featured image of 1035 W Van Buren St

Landmark West Loop

Our team has verified this company

Near West Side • 1035 W Van Buren St

1–2 Beds

$2,716–$5,610

featured image of 1000 S Michigan Ave

1000M Apartments

Our team has verified this company

Loop • 1000 S Michigan Ave

1–2 Beds

$3,643–$6,869

featured image of 29 S La Salle St

Millennium on LaSalle

Our team has verified this company

Loop • 29 S La Salle St

1–2 Beds

$2,882–$5,152

featured image of 525 S Dearborn St

525 S Dearborn Street

Our team has verified this company

Loop • 525 S Dearborn St

2 Beds

$2,850–$2,950

featured image of 4726 S Woodlawn Ave

Woodlawn Terrace

Our team has verified this company

Kenwood • 4726 S Woodlawn Ave

1–2 Beds

$1,599–$2,154

featured image of 1 E Delaware Pl

One East Delaware

Our team has verified this company

Near North Side • 1 E Delaware Pl

1–2 Beds

$2,877–$4,832

featured image of 537 S Dearborn St

537 S Dearborn Terminals Building

Our team has verified this company

Loop • 537 S Dearborn St

1–2 Beds

$1,950–$2,950

featured image of 5035 S East End Ave

Regents Park

Our team has verified this company

Kenwood • 5035 S East End Ave

1–2 Beds

$1,850–$2,955

featured image of 1035 W Van Buren St

Landmark West Loop

Our team has verified this company

Near West Side • 1035 W Van Buren St

1–2 Beds

$2,716–$5,610

Rent trends in South Loop

Median rents as of May 30 2026.
South Loop
Chicago
A table of studio rental data trends in Chicago
MonthMedian Rent
June 2024$1,761
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
December 2025$1,495
January 2026$1,496
February 2026$1,516
March 2026$1,657
April 2026$1,637
May 2026$1,684
A table of studio rental data trends in South Loop
MonthMedian Rent
June 2024$2,012
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
December 2025$2,027
January 2026$2,070
February 2026$2,105
March 2026$2,094
April 2026$2,128
May 2026$2,131

Schools near Aviation Lofts

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

Ruben Salazar Bilingual Center

160 w wendell st

chicago, IL, 60610

PK, K-8Public
C+

Rudolph Elementary Learning Center

1628 w washington blvd

chicago, IL, 60612

PK, K-7Public
C+
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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 1340 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
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 1340 S Michigan Ave, Chicago

Groceries

9/10
At least one supermarket within a 5-minute walk

Shopping

9/10
Wide variety of shops within a few minutes' walk

Cafes

9/10
Wide 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

6/10
At least one high school within a 20-minute walk

Parks

10/10
Exceptionally large amount of park space within a few minutes’ walk

Nightlife

10/10
Exceptional variety of bars right within a few minutes’ walk

Explore the area around 1340 S Michigan Ave

Alfa Foods
1300 S Wabash Ave
Sky Grocer
1259 S Michigan Ave
Jewel-Osco
1224 S Wabash Ave
Trader Joe's
1147 S Wabash Ave
Lakeview Market Inc
1118 S Michigan Ave

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