Updated 23 Minutes Ago
Location
1720 S Michigan Ave #2202, Chicago, IL 60616, USA|South Loop
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Amenities for 1720 S Michigan Ave #2202, South Loop
Features
| Air Conditioning | Balcony |
| Carpet | Central Air |
| Hardwood Floor |
Appliances
| In-Unit Laundry |
Grounds
| Garage Parking |
Services
| On-Site Management |
Other
| Exterior Type: Concrete | Five Rooms |
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.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 1720 S Michigan Ave #2202
Sweet deal!
This listing is 11% below the median price for 2 bedroom apartments in South Loop.
Property Status: Active Welcome to 1720 S. Michigan Ave., Unit 2202, a move-in-ready, unfurnished 2-bedroom, 1.5-bath residence offering comfortable city living. Hardwood floors extend throughout the living room, dining area, and foyer, while the kitchen features maple cabinetry, granite countertops, stainless steel appliances, and a center island that brings function and style to the heart of the home. New carpeting in the bedroom. The primary bath has been enhanced with an upgraded vanity, and an approximately 12-foot east-facing balcony extends the living space outdoors. Enjoy the convenience of an in-unit washer and dryer, along with heat, air conditioning, water, gas, TV/cable, scavenger, and internet included in the rent. Garage parking is available for an additional $200 per month. Dogs and cats are welcome, subject to a 15-pound weight limit. Residents enjoy the benefits of a full-service building with a 24-hour door person, on-site management, grocery store, and dry cleaner. Ideally situated near Lake Shore Drive, Grant Park, the Loop, public transportation, and an array of shopping and dining options. Available October 15, 2026. One-year lease. Tenant is responsible for electricity. Office Phone: (773) 639-4044 Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Source: Midwest Real Estate Data, LLC|MLS Listing No. 12773776
Address details
| Neighborhood | South Loop |
|---|---|
| Zip code | 60616 |
| Type | House for rent |
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Rent trends in South Loop
2-bedroom apartments at 1720 S Michigan Ave #2202 cost about 11% less than the average rent price for 2-bedroom apartments in South Loop.
Median rents as of Sep 26 2026.
South Loop
Chicago
| Month | Median Rent |
|---|---|
| October 2024 | $2,690 |
| November 2024 | $2,621 |
| December 2024 | $2,508 |
| January 2025 | $2,470 |
| February 2025 | $2,498 |
| March 2025 | $2,508 |
| April 2025 | $2,495 |
| May 2025 | $2,498 |
| June 2025 | $2,498 |
| July 2025 | $2,550 |
| August 2025 | $2,491 |
| September 2025 | $2,419 |
| October 2025 | $2,402 |
| November 2025 | $2,428 |
| December 2025 | $2,348 |
| January 2026 | $2,436 |
| February 2026 | $2,425 |
| March 2026 | $2,537 |
| April 2026 | $2,503 |
| May 2026 | $2,574 |
| June 2026 | $2,595 |
| July 2026 | $2,536 |
| August 2026 | $2,512 |
| September 2026 | $2,518 |
| Month | Median Rent |
|---|---|
| October 2024 | $2,932 |
| November 2024 | $2,961 |
| December 2024 | $2,849 |
| January 2025 | $2,865 |
| February 2025 | $2,947 |
| March 2025 | $3,002 |
| April 2025 | $3,023 |
| May 2025 | $3,154 |
| June 2025 | $3,237 |
| July 2025 | $3,286 |
| August 2025 | $3,168 |
| September 2025 | $3,174 |
| October 2025 | $3,099 |
| November 2025 | $2,982 |
| December 2025 | $2,983 |
| January 2026 | $3,019 |
| February 2026 | $3,075 |
| March 2026 | $3,156 |
| April 2026 | $3,141 |
| May 2026 | $3,217 |
| June 2026 | $3,251 |
| July 2026 | $3,298 |
| August 2026 | $3,283 |
| September 2026 | $3,256 |
Affordability calculator
Can I afford to live at 1720 S Michigan Ave #2202?
Bedrooms
2 bedroomsRent-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
$116,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $116,000 annually to afford this 2-bedrooms monthly rent price of $2,900.
For more information on rent affordability, visit our rent calculator.
Schools near 1720 S Michigan Ave #2202
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
Bronzeville Classical Elementary School
8 w root st
chicago, IL, 60609
K-6Public
A-
Rudolph Elementary Learning Center
1628 w washington blvd
chicago, IL, 60612
PK, K-7Public
C+
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Internet available near 1720 S Michigan Ave #2202
Getting around Chicago near 1720 S Michigan Ave #2202
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 1720 S Michigan Ave #2202, Chicago
Groceries
10/10
Exceptional variety of groceries within a few minutes' walk
Shopping
9/10
Wide variety of shops within a few minutes' walk
Cafes
10/10
Exceptional variety of cafés within a few minutes’ walk
Restaurants
9/10
Exceptional variety of restaurants within a few minutes’ walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Parks
8/10
Very 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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