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Location

1720 S Michigan Ave #1207, Chicago, IL 60616, USA|South Loop

Tour 1720 S Michigan Ave #1207

Contact

Lisa Blume

Sarasota Lakewood Ranch Ventures, LLC d/b/a Keller Williams Realty Select

(844) 335-5065 ext. 9476

Amenities for 1720 S Michigan Ave #1207, South Loop

Features

Central AirHardwood Floor
High Ceilings

Appliances

In-Unit Laundry

Community

Exterior Type: Brick

Grounds

Garage Parking

Other

Four 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.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
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About 1720 S Michigan Ave #1207

HomeHouses in Chicago 1720 S Michigan Ave #1207, Chicago, IL 60616, USA

Property Status: Active Welcome to this modern 1-bedroom, 1-bath soft loft in the heart of the South Loop, ideally located on Michigan Avenue. This bright and spacious home features 10-foot ceilings, hardwood floors, floor-to-ceiling windows, and beautiful east-facing views. The updated kitchen offers granite countertops and stainless steel appliances, while the generously sized bedroom provides ample closet space. An in-unit washer and dryer and a comfortable, move-in-ready interior add to the everyday convenience. The full-service building features a 24-hour doorperson, on-site grocery store, bike room, and rental parking available in the building's garage for $200/month. Step outside and enjoy everything the South Loop has to offer, including nearby restaurants and coffee shops, the Lakefront Trail, Soldier Field, Burnham Harbor, nightlife, and Columbia College. Convenient access to Michigan Avenue buses, the Roosevelt CTA station, Lake Shore Drive, I-90/94, and I-55 makes commuting throughout the city easy. Rent includes cooking gas, heat, water, basic cable TV, and Wi-Fi. Tenant is responsible for electricity. Don't miss this opportunity to enjoy comfortable city living in an unbeatable South Loop location with stunning lake views! Office Phone: (312) 953-5176 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. 12732194

Go to property website

Address details

NeighborhoodSouth Loop
Zip code60616
TypeHouse for rent

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Rent trends in South Loop

1-bedroom apartments at 1720 S Michigan Ave #1207 cost about 8% less than the average rent price for 1-bedroom apartments in South Loop.

Median rents as of Aug 29 2026.
South Loop
Chicago
A table of 1-bedroom apartment rental data trends in Chicago
MonthMedian Rent
September 2024$2,243
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
May 2026$2,257
June 2026$2,198
July 2026$2,192
August 2026$2,189
A table of 1-bedroom apartment rental data trends in South Loop
MonthMedian Rent
September 2024$2,253
October 2024$2,272
November 2024$2,280
December 2024$2,207
January 2025$2,194
February 2025$2,212
March 2025$2,236
April 2025$2,288
May 2025$2,380
June 2025$2,364
July 2025$2,507
August 2025$2,429
September 2025$2,383
October 2025$2,321
November 2025$2,200
December 2025$2,232
January 2026$2,273
February 2026$2,324
March 2026$2,393
April 2026$2,427
May 2026$2,430
June 2026$2,453
July 2026$2,434
August 2026$2,401

Affordability calculator

Can I afford to live at 1720 S Michigan Ave #1207?

Bedrooms

1 bedroom

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

$88,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $88,000 annually to afford this 1-bedroom monthly rent price of $2,200.
For more information on rent affordability, visit our rent calculator.

Schools near 1720 S Michigan Ave #1207

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 #1207

Getting around Chicago near 1720 S Michigan Ave #1207

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 #1207, Chicago

Groceries

10/10
Exceptional variety of groceries within a few minutes' walk

Shopping

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

Cafes

10/10
Exceptional variety of 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

9/10
Exceptional variety of bars right within a few minutes’ walk

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