Zumper
modified
Updated 5+ Days Ago

Highlights

  • Pet Friendly

Location

S Michigan Ave #716, Chicago, IL 60605, USA|South Loop

Tour S Michigan Ave #716

Contact

Alice Chen

Michael Scavo Group - Compass

(847) 630-5162

Amenities for S Michigan Ave #716, South Loop

Apartment Amenities

Engineered Hardwood FloorHardwood Floor
Over-Sized Private BalconySpacious Walk-In Closet
Walk-in Closet

Appliances

In-Unit Laundry

Building

Cats OKDogs OK
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 #716

HomeApartments in ChicagoSouth Loop S Michigan Ave #716, Chicago, IL 60605, USA

S Michigan Ave #716 cost $2,230 per month. A couple amenities for this apartment include but are not limited to: in-unit laundry and hardwood floor. Located at S Michigan Ave #716, Chicago, IL 60605, USA, this unit is a studio andhas 1 bathroom. Based on the average rent price of studio in Chicago, renting this apartment is 35% more expensive per month.Other available apartments to lease near Chicago around the same price include but are not limited to: 5736 N Winthrop Ave Apt 48


S Michigan Ave #716 is great for:

Pet owners

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

Address details

NeighborhoodSouth Loop
Zip code60605
TypeApartment for rent

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Rent trends in South Loop

studio apartments at S Michigan Ave #716 cost about 4% more than the average rent price for studio apartments in South Loop.

Median rents as of Aug 15 2026.
South Loop
Chicago
A table of studio rental data trends in Chicago
MonthMedian Rent
August 2024$1,675
September 2024$1,682
October 2024$1,630
November 2024$1,568
December 2024$1,501
January 2025$1,483
February 2025$1,495
March 2025$1,520
April 2025$1,512
May 2025$1,502
June 2025$1,531
July 2025$1,580
August 2025$1,516
September 2025$1,473
October 2025$1,495
November 2025$1,520
December 2025$1,495
January 2026$1,496
February 2026$1,516
March 2026$1,657
April 2026$1,637
May 2026$1,684
June 2026$1,691
July 2026$1,658
August 2026$1,650
A table of studio rental data trends in South Loop
MonthMedian Rent
August 2024$1,960
September 2024$1,998
October 2024$2,084
November 2024$2,017
December 2024$1,937
January 2025$1,892
February 2025$1,930
March 2025$1,935
April 2025$1,951
May 2025$2,032
June 2025$2,075
July 2025$2,136
August 2025$2,086
September 2025$2,092
October 2025$2,053
November 2025$1,929
December 2025$2,027
January 2026$2,070
February 2026$2,105
March 2026$2,094
April 2026$2,128
May 2026$2,131
June 2026$2,145
July 2026$2,164
August 2026$2,143

Affordability calculator

Can I afford to live at S Michigan Ave #716?

Bedrooms

Studio

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

$89,200/yr

With your selected rent-to-income ratio, you'd ideally want to make $89,200 annually to afford this studio monthly rent price of $2,230.
For more information on rent affordability, visit our rent calculator.

Schools near S Michigan Ave #716

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 #716

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 #716

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 #716, Chicago

Groceries

9/10
Exceptional variety of groceries within a few minutes' walk

Shopping

9/10
Exceptional variety of shops within a few minutes’ walk

Cafes

10/10
Exceptional variety of cafés within a few minutes’ walk

Restaurants

10/10
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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