Zumper
modified
5+ Days Ago

Highlights

  • Pet Friendly

Location

Chicago, IL 60605, USA|Loop

Tour 1307 On Michigan

Contact

Molly Fortune

TurboTenant

Amenities for 1307 On Michigan, Loop

Apartment Amenities

Air ConditioningDryer
FreezerHardwood Floor
High CeilingsVaulted Ceiling

Appliances

DishwasherGarbage Disposal
In-Unit LaundryMicrowave
Range/OvenRefrigerator

Tech

Alarm SystemWired For Internet

Building

Cats OKControlled Building
Dogs OKFitness Center
Security CamerasWall

Grounds

Garage Parking

Neighborhood

Near Parks
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?

Building details

Property details

Lease terms12+ months
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About 1307 On Michigan

HomeApartments in ChicagoLoop Chicago, IL 60605, USA

Property Id: 2317688 To qualify all applicants must have: -Proof of income with past 2 paystubs or 3 months of bank statements that are (minimum&total) -3x amount of market rent. -Minimum credit score of 650 with no delinquencies (Co-signers are allowed for assistance in approval). For me to better assist you, please have the answers to the following questions: When is your move date?(is it flexible, if so how far in either direction) Any pets? Need parking? Budget(just rent)? What neighborhoods are you primarily interested in? When are you available for a showing? My service is FREE to you! If this option does not work for you, I would be happy to find one that does. For fastest response, please call or text Molly at 312-805-6567!:)


Address details

NeighborhoodLoop
Zip code60605
TypeCondo for rent

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Rent trends in Loop

1-bedroom apartments at 1307 On Michigan cost about 10% less than the average rent price for 1-bedroom apartments in Loop.

Median rents as of Mar 14 2026.
Loop
Chicago
A table of 1-bedroom apartment rental data trends in Chicago
MonthMedian Rent
March 2024$2,350
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$1,940
November 2025$1,952
December 2025$1,950
January 2026$1,997
February 2026$2,041
March 2026$2,225
A table of 1-bedroom apartment rental data trends in Loop
MonthMedian Rent
March 2024$3,475
April 2024$2,638
May 2024$2,453
June 2024$2,538
July 2024$3,364
August 2024$2,618
September 2024$2,591
October 2024$2,545
November 2024$2,483
December 2024$2,355
January 2025$2,381
February 2025$2,427
March 2025$2,485
April 2025$2,549
May 2025$2,602
June 2025$2,640
July 2025$2,725
August 2025$2,630
September 2025$2,564
October 2025$2,575
November 2025$2,449
December 2025$2,499
January 2026$2,504
February 2026$2,535
March 2026$2,663

Affordability calculator

Can I afford to live at Chicago?

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

$95,840/yr

With your selected rent-to-income ratio, you'd ideally want to make $95,840 annually to afford this 1-bedroom monthly rent price of $2,396.
For more information on rent affordability, visit our rent calculator.

Schools near 1307 On Michigan

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

Ruben Salazar Bilingual Center

160 w wendell st

chicago, IL, 60610

PK, K-8Public
C+

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+
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Internet available near 1307 On Michigan

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 IL 60605 near Chicago

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 Chicago, IL 60605

Groceries

10/10
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

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

High schools

8/10
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
Exceptional variety of bars right within a few minutes’ walk

Explore the area around Chicago

Trader Joe's
1147 S Wabash Ave
Lakeview Market Inc
1118 S Michigan Ave
Sky Grocer
1259 S Michigan Ave
Jewel-Osco
1224 S Wabash Ave
Alfa Foods
1300 S Wabash Ave

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