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Highlights

  • Pet Friendly

Location

S Michigan Ave #1318, Chicago, IL 60605, USA|South Loop

Tour S Michigan Ave #1318

Contact

Alice Chen

Michael Scavo Group - Compass

(847) 630-5162

Amenities for S Michigan Ave #1318, South Loop

Apartment Amenities

Air ConditioningFireplace
Hardwood FloorHigh Ceilings
Large ClosetsView
Window Coverings

Appliances

DishwasherEfficient Appliances
Gas RangeIn-Unit Laundry
Washer and Dryer

Tech

Cable ReadyElectronic Thermostat

Building

Cats OKDogs OK

Grounds

Storage
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 S Michigan Ave #1318

HomeApartments in ChicagoSouth Loop S Michigan Ave #1318, Chicago, IL 60605, USA

S Michigan Ave #1318 cost $5,681 per month. A couple amenities for this apartment include but are not limited to: air conditioning and high ceilings. Located at S Michigan Ave #1318, Chicago, IL 60605, USA, this unit has 3 bedrooms and 2 bathrooms. Based on the average rent price of 3 bedrooms in Chicago, renting this apartment is 89% more expensive per month.Other available apartments to lease near Chicago around the same price include but are not limited to: 509 W Briar Pl #2ndFL, 3727 N Ashland Ave #3, 700 S Loomis St #1, 220 E Illinois St #2-2


S Michigan Ave #1318 is great for:

Pet owners

  • 6 dog parks within 1 mile
  • 6 pet grooming services nearby
  • 6 pet hospitals in the area
  • 13 pet supply stores near the property

Address details

NeighborhoodSouth Loop
Zip code60605
TypeApartment for rent

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Rent trends in South Loop

3-bedroom apartments at S Michigan Ave #1318 cost about 23% more than the average rent price for 3-bedroom apartments in South Loop.

Median rents as of May 16 2026.
South Loop
Chicago
A table of 3-bedroom apartment rental data trends in Chicago
MonthMedian Rent
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 South Loop
MonthMedian Rent
June 2024$4,899
July 2024$4,597
August 2024$4,249
September 2024$4,431
October 2024$4,758
November 2024$4,732
December 2024$4,500
January 2025$4,659
February 2025$4,770
March 2025$4,863
April 2025$4,626
May 2025$4,994
June 2025$4,608
July 2025$5,288
August 2025$4,393
September 2025$4,898
October 2025$4,695
November 2025$4,525
December 2025$4,288
January 2026$4,401
February 2026$4,500
March 2026$4,500
April 2026$4,272
May 2026$4,231

Affordability calculator

Can I afford to live at S Michigan Ave #1318?

Bedrooms

3 bedrooms

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

$227,240/yr

With your selected rent-to-income ratio, you'd ideally want to make $227,240 annually to afford this 3-bedrooms monthly rent price of $5,681.
For more information on rent affordability, visit our rent calculator.

Schools near S Michigan Ave #1318

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 S Michigan Ave #1318

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 S Michigan Ave #1318

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 S Michigan Ave #1318, 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

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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