16 Hours Ago
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1720 S Michigan Ave Apt 1118, Chicago, IL 60616, USA|South Loop
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Amenities for 1720 S Michigan Ave Apt 1118, South Loop
Apartment Amenities
| Air Conditioning | Balcony |
| Carpet | Central Air |
| Den | High Ceilings |
| Natural Gas | Walk-in Closet |
Building
| Elevator | Onsite Laundry |
Services
| On-Site Management |
Other
| Exterior Type: Concrete | Exterior Type: Glass |
| Six Rooms |
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.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 1720 S Michigan Ave Apt 1118
Sweet deal!
This listing is 14% below the median price for 2 bedroom apartments in South Loop.
Property Status: Active Beautiful contemporary concrete loft with stunning views of the city skyline, lake, and Navy Pier from floor to ceiling windows. Largest floor plan in the building, with 10 ft ceilings throughout. The spacious primary suite has large windows, a walk in closet complete with built in organizer, and primary bathroom with double vanity. Primary suite and living room are both equipped with commercial-grade darkening blinds. Seller has installed custom wood cabinetry and paneling, offering an aesthetically pleasing, sound proof entryway. Laundry closet has been artfully tiled for convenience. The galley kitchen features a cozy breakfast nook, solid wood cabinets, gleaming stainless steel appliances and granite countertops. Master bedroom has an en-suite bathroom featuring brilliant white cabinets, double vanity with a marble countertop and shower/bath combo. Original walk in closet was removed and replaced with compact shelving to create a massive master bedroom that fits a king bed with room to spare. In unit laundry and spacious balcony perfect for enjoying morning coffee or evening cocktails with the city as your backdrop. Pet and investor friendly building. Monthly HOA dues include 24-hour door staff, heat, air conditioning, hot water, cable TV, and fiber optic internet in this elevator building with on-site property manager, receiving room, and bike room. Great location minutes to Grant Park, Millennium Park, Soldier Field, Lakefront Trail, & Museum Campus. Near Mariano's, Trader Joe's, shopping, and amazing restaurants! Building includes 24 hr door staff, dog run, attached grocery store, & steps from Fred Anderson Dog Park. Michigan Ave bus stop right outside & Roosevelt CTA a few blocks away. Quick access to 90-94, I-55, Lake Shore Drive. If you're looking for comfort, style, and the best view in the city, don't miss this South Loop gem! Sold as-is; will confirm exact assessment amount on Monday 3/1. Office Phone: (312) 843-3439 Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Source: Midwest Real Estate Data, LLC|MLS Listing No. 12580112
Address details
| Neighborhood | South Loop |
|---|---|
| Zip code | 60616 |
| Type | House for rent |
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Rent trends in South Loop
2-bedroom apartments at 1720 S Michigan Ave Apt 1118 cost about 14% less than the average rent price for 2-bedroom apartments in South Loop.
Median rents as of Feb 28 2026.
South Loop
Chicago
| Month | Median Rent |
|---|---|
| March 2024 | $2,976 |
| April 2024 | $2,662 |
| May 2024 | $2,648 |
| June 2024 | $2,764 |
| July 2024 | $2,862 |
| August 2024 | $2,702 |
| September 2024 | $2,706 |
| October 2024 | $2,704 |
| November 2024 | $2,621 |
| December 2024 | $2,508 |
| January 2025 | $2,470 |
| February 2025 | $2,498 |
| March 2025 | $2,508 |
| April 2025 | $2,495 |
| May 2025 | $2,498 |
| June 2025 | $2,498 |
| July 2025 | $2,550 |
| August 2025 | $2,491 |
| September 2025 | $2,419 |
| October 2025 | $2,402 |
| November 2025 | $2,428 |
| December 2025 | $2,348 |
| January 2026 | $2,436 |
| February 2026 | $2,425 |
| Month | Median Rent |
|---|---|
| March 2024 | $2,984 |
| April 2024 | $2,899 |
| May 2024 | $2,995 |
| June 2024 | $2,978 |
| July 2024 | $3,020 |
| August 2024 | $2,932 |
| September 2024 | $2,978 |
| October 2024 | $2,949 |
| November 2024 | $2,961 |
| December 2024 | $2,849 |
| January 2025 | $2,865 |
| February 2025 | $2,947 |
| March 2025 | $3,002 |
| April 2025 | $3,023 |
| May 2025 | $3,154 |
| June 2025 | $3,237 |
| July 2025 | $3,286 |
| August 2025 | $3,168 |
| September 2025 | $3,174 |
| October 2025 | $3,099 |
| November 2025 | $2,982 |
| December 2025 | $2,983 |
| January 2026 | $3,019 |
| February 2026 | $3,075 |
Affordability calculator
Can I afford to live at 1720 S Michigan Ave Apt 1118?
Bedrooms
2 bedroomsRent-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
$108,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $108,000 annually to afford this 2-bedrooms monthly rent price of $2,700.
For more information on rent affordability, visit our rent calculator.
Schools near 1720 S Michigan Ave Apt 1118
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
Bronzeville Classical Elementary School
8 w root st
chicago, IL, 60609
K-6Public
A-
Rudolph Elementary Learning Center
1628 w washington blvd
chicago, IL, 60612
PK, K-7Public
C+
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Internet available near 1720 S Michigan Ave Apt 1118
Getting around Chicago near 1720 S Michigan Ave Apt 1118
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 1720 S Michigan Ave Apt 1118, Chicago
Groceries
8/10
At least one supermarket within a 15-minute walk
Shopping
8/10
Wide variety of shops within a few minutes' walk
Cafes
7/10
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 10-minute walk
Parks
8/10
Very large amount of park space within a few minutes' walk
Nightlife
8/10
Several bars within a few minutes’ walk
Explore the area around 1720 S Michigan Ave Apt 1118
South Loop Market
1720 S Michigan Ave
Lafrique Market
2011 S State St
Mariano's
1615 S Clark St
Southloop Market
2135 S Michigan Ave
Alfa Foods
1300 S Wabash Ave
Bintasagale
2031 S Clark St
Succezz By B&Vdot Inc
2214 S Michigan Ave
A'neie's Accents & Accessories
1237 S Michigan Ave
Foot Locker
2628 S State St
Kids Foot Locker
2628 S State St
Dunkin'
1575 S Michigan Ave
Overflow Coffee Bar
1550 S State St
Starbucks
1615 S Clark St
Overflow Coffee
1449 S Michigan Ave
Momentum Coffee
2115 S State St
16th Street Bar
75 E 16th St
Triad Sushi Lounge
1933 S Indiana Ave
M Lounge
1520 S Wabash Ave
Weather Mark Tavern
1503 S Michigan Ave
Dureau Bar Restaurant
2115 S State St
Tea Pot Brew Bakery
1802 S Wabash Ave
Eldo Bakery
227 W Cermak Rd
Sunlight Cafe & Bakery
227 W Cermak Rd
Chiu Quon Bakery
2253 S Wentworth Ave
Saint Anna Bakery & Cafe
2158 S Archer Ave
Chicago Women's Park and Gardens
Margaret Hie Ding Lin Park
Battle of Fort Dearborn Park
Coliseum Park
Cotton Tail Park
Spoke & Bird
205 E 18th St
La Cantina Grill
1911 S Michigan Ave
Dunkin'
1575 S Michigan Ave
Chicago Oyster House
1933 S Indiana Ave
Triad Sushi Lounge
1933 S Indiana Ave
Michigan / 18th Street
King Drive, Bronzeville / Union Station, Cottage Grove
Michigan / 18th Street
Bronzeville / Union Station, Cottage Grove, King Drive
Michigan / 16th Street
Cottage Grove, King Drive, Bronzeville / Union Station, Cottage Grove Express
Michigan / Cullerton
King Drive, Cottage Grove, Bronzeville / Union Station
State / 18th Street
State, Archer
18th St.
Metra Electric
McCormick Place
South Shore Line, Metra Electric, South Shore Line
Museum Campus / 11th St.
South Shore Line, South Shore Line
Museum Campus/11th St.
Metra Electric
27th St.
Metra Electric
Cermak-McCormick Place
Green Line, Green Line
Cermak-Chinatown
Red Line, Red Line
Roosevelt
Green Line, Orange Line, Orange Line, Green Line
Roosevelt
Red Line, Red Line
Harrison
Red Line, Red Line
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