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Location

S Michigan Ave #5001, Chicago, IL 60605, USA|Loop

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Our team has verified this company

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3 Beds

$5,150

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2741-43 N. Southport

Our team has verified this company

Lincoln Park • 2741 N Southport Ave

3 Beds

$5,150

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Near North Side • 1312 N Clybourn Ave

3 Beds

$4,950

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The 808 Cleveland

Our team has verified this company

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3 Beds

$5,229

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5320-5326.5 S. Drexel Boulevard

Our team has verified this company

Lower West Side • 5320-5326 5320-5326.5 S. Drexel Boulevard

3 Beds

$2,699–$4,720

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200 E Illinois St, Chicago, IL, 60611

Our team has verified this company

Near North Side • 200 E Illinois St

3 Beds

$5,784

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2127 W Division St #1, Chicago, IL, 60622

Our team has verified this company

West Town • 2127 W Division St #1

3 Beds

$4,695

featured image of 220 W Scott St #G

220 W Scott St #G, Chicago, IL, 60610

Our team has verified this company

Near North Side • 220 W Scott St #G

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Rent trends in Loop

3-bedroom apartments at S Michigan Ave #5001 cost about 9% less than the average rent price for 3-bedroom apartments in Loop.

Median rents as of May 9 2026.
Loop
Chicago
A table of 3-bedroom apartment rental data trends in Chicago
MonthMedian Rent
May 2024$3,195
June 2024$3,237
July 2024$3,286
August 2024$3,019
September 2024$3,002
October 2024$2,997
November 2024$2,921
December 2024$2,891
January 2025$2,880
February 2025$2,917
March 2025$2,888
April 2025$2,911
May 2025$2,944
June 2025$2,961
July 2025$2,986
August 2025$2,854
September 2025$2,699
October 2025$2,650
November 2025$2,839
December 2025$2,640
January 2026$2,649
February 2026$2,751
March 2026$2,932
April 2026$2,985
May 2026$3,000
A table of 3-bedroom apartment rental data trends in Loop
MonthMedian Rent
May 2024$5,199
June 2024$6,009
July 2024$9,335
August 2024$9,245
September 2024$9,236
October 2024$8,857
November 2024$8,141
December 2024$5,258
January 2025$4,793
February 2025$4,875
March 2025$5,076
April 2025$5,227
May 2025$5,975
June 2025$5,939
July 2025$6,146
August 2025$6,389
September 2025$6,444
October 2025$6,032
November 2025$5,307
December 2025$5,329
January 2026$5,420
February 2026$5,793
March 2026$5,803
April 2026$5,884
May 2026$5,947

Schools near S Michigan Ave #5001

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+

Bridgeport Child Development Center

3053 s normal ave

chicago, IL, 60616

PKPublic

Rudolph Elementary Learning Center

1628 w washington blvd

chicago, IL, 60612

PK, K-7Public
C+

Chicago Commons Guadalupano Family Center

1814 s paulina ave

chicago, IL, 60608

PKPublic
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Internet available near S Michigan Ave #5001

Neighborhood

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 S Michigan Ave #5001

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 S Michigan Ave #5001, Chicago

Groceries

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

Shopping

10/10
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

9/10
At least one elementary school within a 10-minute walk

High schools

9/10
At least one high school within a 10-minute walk

Parks

10/10
Exceptionally 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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