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modified
1 Day Ago

Highlights

  • Pet Friendly
  • Hardwood floors
  • Resident lounge
  • In-unit laundry
  • Stainless steel appliances
  • Fire pit
  • Sleek kitchen

Location

1255 S Michigan Ave #1-1-5, Chicago, IL 60605, USA|South Loop

Tour 1255 S Michigan Ave #1-1-5

Contact

pmc-logo

Dorothy Moody

Our team has verified this company

HotSpot Rentals

(312) 782-8404

Amenities for 1255 S Michigan Ave #1-1-5, South Loop

Apartment Amenities

BalconyCentral Air - Yes
Flooring Hardwood OnlyHardwood Floor

Appliances

DishwasherDishwasher-All
In-Unit LaundryLaundry W/D In Unit
Stove Electric

Building

Cats OKDogs OK
Fitness CenterHigh Rise
No SmokingOnsite Laundry

Grounds

Garage ParkingPool (Out Door)

Other

Dogs-No Weight LimitLuxury Property
Security 24 Hour Doorman
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

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

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About 1255 S Michigan Ave #1-1-5

HomeApartments in ChicagoSouth Loop 1255 S Michigan Ave #1-1-5, Chicago, IL 60605, USA

This one-bedroom, one-and-a-half-bath apartment provides extra flexibility with an additional powder room, ideal for entertaining. Inside the unit, you ll find hardwood floors, a sleek kitchen with granite counters and stainless steel appliances, in-unit laundry, and floor-to-ceiling or oversized windows that enhance the open feel of the space. The building sits prominently on Michigan Avenue in the South Loop and offers standout amenities including a rooftop pool, hot tub, fire pit, and outdoor grilling terrace. A 24-hour fitness center, comfortable resident lounge with games, conference center, and full-time door staff round out the amenity package in this smoke-free high-rise. Grant Park and nearby museums are easily accessible on foot. Both cats and dogs are welcome (there are breed restrictions for dogs), and the lakefront parks nearby are perfect for daily walks. Garage parking is available on-site for an additional fee. Befitting the glory of Chicago s architectural history,


Address details

NeighborhoodSouth Loop
Zip code60605
TypeApartment for rent

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Rent trends in South Loop

1-bedroom apartments at 1255 S Michigan Ave #1-1-5 cost about 1333% more than the average rent price for 1-bedroom apartments in South Loop.

Median rents as of Jun 13 2026.
South Loop
Chicago
A table of 1-bedroom apartment rental data trends in Chicago
MonthMedian Rent
June 2024$2,377
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
May 2026$2,257
June 2026$2,202
A table of 1-bedroom apartment rental data trends in South Loop
MonthMedian Rent
June 2024$2,309
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$2,321
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$2,445

Affordability calculator

Can I afford to live at 1255 S Michigan Ave #1-1-5?

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

$1,398,120/yr

With your selected rent-to-income ratio, you'd ideally want to make $1,398,120 annually to afford this 1-bedroom monthly rent price of $34,953.
For more information on rent affordability, visit our rent calculator.

Schools near 1255 S Michigan Ave #1-1-5

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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Internet available near 1255 S Michigan Ave #1-1-5

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 1255 S Michigan Ave #1-1-5

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 1255 S Michigan Ave #1-1-5, Chicago

Groceries

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

Shopping

9/10
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

8/10
At least one elementary school within a 15-minute walk

High schools

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

Parks

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

Nightlife

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

Explore the area around 1255 S Michigan Ave #1-1-5

Sky Grocer
1259 S Michigan Ave
Alfa Foods
1300 S Wabash 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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