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Location

1720 South Michigan Avenue #1606, Chicago, Illinois 60616, United States|South Loop

Tour 1720 South Michigan Avenue #1606

Contact

Joe Caputo

RE/MAX Legends

(708) 902-3000

Amenities for 1720 South Michigan Avenue #1606, South Loop

Apartment Amenities

Air ConditioningBalcony
CarpetCentral Air
Hardwood FloorNatural Gas

Appliances

DishwasherIn-Unit Laundry

Grounds

Assigned Parking

Other

Four 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.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Assigned Parking

Questions about this property’s policies and fees?

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About 1720 South Michigan Avenue #1606

HomeHouses in ChicagoSouth Loop 1720 South Michigan Avenue #1606, Chicago, Illinois 60616, United States

Property Status: Active Opportunity awaits to live in the South Loop with an east facing, unobstructed Lake Michigan and Soldier Field View. This 2 bedroom, 1 bathroom shared with the primary bedroom, has a living room and kitchen with the lake view as well. New white kitchen cabinets and granite countertops just installed as well as a new dishwasher. All stainless steel appliances, floor to ceiling windows, hardwood floors in the living room and kitchen and carpet in both bedrooms. There is a balcony accessible off of the living room as well as the primary bedroom. In-unit washer and dryer and a great indoor corner parking space on the 6th floor. Included in the rental price is heat, air conditioning, cable, cooking gas, water and a 24 hour door person. Many restaurants, shops, grocery stores (Jewel and Trader Joe's), bars and the L at Roosevelt Rd and expressways are in the area. Office Phone: (630) 216-8000 Copyright © 2025 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: MREDIL|MLS Listing No. 12530966

Go to property website

Address details

NeighborhoodSouth Loop
Zip code60616
TypeHouse for rent

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Rent trends in South Loop

2-bedroom apartments at 1720 South Michigan Avenue #1606 cost about 5% less than the average rent price for 2-bedroom apartments in South Loop.

Median rents as of Dec 6 2025.
South Loop
Chicago
A table of 2-bedroom apartment rental data trends in Chicago
MonthMedian Rent
December 2023$2,700
January 2024$2,724
February 2024$2,722
March 2024$2,929
April 2024$2,662
May 2024$2,648
June 2024$2,764
July 2024$2,862
August 2024$2,702
September 2024$2,706
October 2024$2,704
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$2,350
A table of 2-bedroom apartment rental data trends in South Loop
MonthMedian Rent
December 2023$3,033
January 2024$2,992
February 2024$3,026
March 2024$3,033
April 2024$2,899
May 2024$2,995
June 2024$2,978
July 2024$3,020
August 2024$2,932
September 2024$2,978
October 2024$2,949
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$2,998

Affordability calculator

Can I afford to live at 1720 South Michigan Avenue #1606?

Bedrooms

2 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

$114,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $114,000 annually to afford this 2-bedrooms monthly rent price of $2,850.
For more information on rent affordability, visit our rent calculator.

Schools near 1720 South Michigan Avenue #1606

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+

Skinner North Elementary School

640 w scott st

chicago, IL, 60610

K-8Public
A-

Thomas Early Childhood Center

3625 s hoyne ave

chicago, IL, 60609

PKPublic

Ariel Elementary Community Academy

1119 e 46th st

chicago, IL, 60653

PK, K-8Public
C-
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Internet available near 1720 South Michigan Avenue #1606

Getting around Chicago near 1720 South Michigan Avenue #1606

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 South Michigan Avenue #1606, Chicago

Groceries

8/10
At least one supermarket within a 15-minute walk

Shopping

8/10
Wide variety of shops within a few minutes' walk

Cafes

7/10
Several 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

8/10
Several bars within a few minutes’ walk

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