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Location

1440 S Michigan Ave #317, Chicago, IL 60605, USA|South Loop

Tour 1440 S Michigan Ave #317

Contact

Matthew Williams

Vesta Preferred Realty

(773) 645-4455

Amenities for 1440 S Michigan Ave #317, South Loop

Apartment Amenities

BalconyCentral Air
DenHardwood Floor
Natural Gas

Appliances

DishwasherIn-Unit Laundry

Building

Five Floors

Grounds

Garage ParkingStorage

Other

Five 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

No pets allowed.

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About 1440 S Michigan Ave #317

HomeHouses in ChicagoSouth Loop 1440 S Michigan Ave #317, Chicago, IL 60605, USA

Property Status: Active Available Now. Newly refreshed and ready! Incredible South Loop location for this upgraded 1bedroom/1bathroom Plus Den home with washer/dryer in-unit. Reserved garage Parking available for $200 per month. The home features hardwood flooring throughout, stainless steel appliances, a large balcony and washer/dryer in unit. The den space is off of the living and can be made more private with dividers. 3 to 4 blocks to public transportation, Grocery stores, and Grant Park. Rental rate includes storage, basic cable, internet, and water. 12-month lease term minimum. The owner will hold a One and a half Month rent equivalent security deposit during the lease term. The association has applicable move-in fee and refundable deposit. Sorry, no pets. Office Phone: (773) 645-4455 Copyright © 2025 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: MREDIL|MLS Listing No. 12491833

Go to property website

Address details

NeighborhoodSouth Loop
Zip code60605
TypeHouse for rent

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Rent trends in South Loop

1-bedroom apartments at 1440 S Michigan Ave #317 cost about 10% less than the average rent price for 1-bedroom apartments in South Loop.

Median rents as of Oct 4 2025.
South Loop
Chicago
A table of 1-bedroom apartment rental data trends in Chicago
MonthMedian Rent
October 2023$2,010
November 2023$2,050
December 2023$2,116
January 2024$2,165
February 2024$2,174
March 2024$2,319
April 2024$2,180
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$1,990
A table of 1-bedroom apartment rental data trends in South Loop
MonthMedian Rent
October 2023$2,213
November 2023$2,252
December 2023$2,309
January 2024$2,292
February 2024$2,236
March 2024$2,212
April 2024$2,271
May 2024$2,359
June 2024$2,326
July 2024$2,294
August 2024$2,297
September 2024$2,252
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$2,346

Affordability calculator

Can I afford to live at 1440 S Michigan Ave #317?

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

$84,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $84,000 annually to afford this 1-bedroom monthly rent price of $2,100.
For more information on rent affordability, visit our rent calculator.

Schools near 1440 S Michigan Ave #317

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+

Skinner North Elementary School

640 w scott st

chicago, IL, 60610

K-8Public
A-

Thomas Early Childhood Center

3625 s hoyne ave

chicago, IL, 60609

PKPublic

Ariel Elementary Community Academy

1119 e 46th st

chicago, IL, 60653

PK, K-8Public
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 1440 S Michigan Ave #317

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 1440 S Michigan Ave #317, 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

8/10
Wide 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

7/10
At least one high school within a 15-minute walk

Parks

9/10
Very large amount of park space within a few minutes' walk

Nightlife

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

Explore the area around 1440 S Michigan Ave #317

South Loop Market
1720 S Michigan Ave
Alfa Foods
1300 S Wabash Ave
Sky Grocer
1259 S Michigan Ave
Jewel-Osco
1224 S Wabash Ave
Mariano's
1615 S Clark St

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