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5+ Days Ago
Highlights
Pet Friendly
Location
1407 S Michigan Ave #CONVERTIBLE, Chicago, IL 60605, USA|South Loop
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Amenities for 1407 S Michigan Ave, South Loop
Apartment Amenities
| Balcony | Central Air - Yes |
| Flooring Hardwood Only | Hardwood Floor |
Appliances
| Dishwasher | Dishwasher-All |
| Gas Range | Laundry W/D In Unit |
Building
| Cats OK | Dogs OK |
| EV Charging | Fitness Center |
| High Rise | No Smoking |
| Onsite Laundry |
Grounds
| Garage Parking | Pool (Out Door) |
Other
| Dogs-No Weight Limit | Luxury 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.
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About 1407 S Michigan Ave
Take advantage of this trendy South Loop gem, offering state-of-the-art amenities! Enjoy this luxury building with an incredible deck featuring an outdoor pool, cabanas, outdoor fire pits, BBQ grills and stunning lake views. An expansive fitness center with an outdoor workout area, yoga studio, basketball court and equipped with locker rooms and sauna fulfills all your workout needs. Impressively curated, each unit features in-unit W/D, stunning custom kitchen finishes with quartz and stainless steel appliances. Just a short walk away, Roosevelt offers the CTA red line, Trader Joe’s, Jewel and many additional shopping options, including a Target at Roosevelt Collection. You won’t ever go hungry with all the restaurant options in the area as well! Plenty of parks are within walking distance, including Webster Park just east of the building and you’re a 10-minute walk to Grant Park. Dogs and cats are welcome (contact us for the breed and weight restrictions) and private parking is available at an additional cost. Disclaimer: Hotspot Rentals LLC is an Illinois-licensed real estate brokerage (License #481.011892) operating as a virtual office in compliance with the Illinois Real Estate License Act of 2000 (225 ILCS 454/5-45 d). Our Designated Managing Broker, Dorothy Moody (#471.006436), oversees all licensed activities, record keeping, and supervision of sponsored licensees. Office of Record (mailing address only): 1307 N Bell Ave, Chicago IL 60622. You can reach us at **** or (312) 782-8404. Disclaimer: PRICING COULD BE NET EFFECTIVE OF SPECIALS, please ask if there is one. Photos may not be of exact unit available and may be of various model units and various vacant units. Apartment availability and lease terms may vary. Pricing, availability, and specials are subject to change at any time and without notice. Please note that the price may be net effective of a special or concession that the building is currently running. Information is believed to be accurate, however, is subject to errors and omissions. HotSpot Rentals services the following neighborhoods: South Loop, Printers Row, Near North, River North, Gold Coast, West Loop, Fulton River District, West Loop Gate, The Loop, Streeterville, Lakeshore East, New East Side, Old Town, Medical District, University Village, Near North, River West, Lincoln Park South, Lakeview, Uptown, Ukrainian Village, Wicker Park, Edgewater, Ravenswood, Bronzeville, Logan Square
Address details
| Neighborhood | South Loop |
|---|---|
| Zip code | 60605 |
| Type | Apartment for rent |
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Rent trends in South Loop
1-bedroom apartments at 1407 S Michigan Ave cost about 15% less than the average rent price for 1-bedroom apartments in South Loop.
Median rents as of Mar 28 2026.
South Loop
Chicago
| Month | Median Rent |
|---|---|
| April 2024 | $2,140 |
| 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 | $1,940 |
| November 2025 | $1,952 |
| December 2025 | $1,950 |
| January 2026 | $1,997 |
| February 2026 | $2,041 |
| March 2026 | $2,232 |
| Month | Median Rent |
|---|---|
| April 2024 | $2,281 |
| 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 | $2,321 |
| November 2025 | $2,200 |
| December 2025 | $2,232 |
| January 2026 | $2,273 |
| February 2026 | $2,324 |
| March 2026 | $2,393 |
Schools near 1407 S Michigan Ave
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
Rudolph Elementary Learning Center
1628 w washington blvd
chicago, IL, 60612
PK, K-7Public
C+
Ruben Salazar Bilingual Center
160 w wendell st
chicago, IL, 60610
PK, K-8Public
C+
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Internet available near 1407 S Michigan Ave
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 1407 S Michigan Ave #CONVERTIBLE
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
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 1407 S Michigan Ave #CONVERTIBLE, Chicago
Groceries
9/10
At least one supermarket within a 10-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
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
9/10
Very large amount of park space within a few minutes' walk
Nightlife
10/10
Exceptional variety of bars right within a few minutes’ walk
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