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Location

2300 S Michigan Ave #409, Chicago, IL 60616, USA|South Loop

Tour 2300 S Michigan Ave #409

Contact

Elaine Ramirez

(844) 243-9393 ext. 4087

Amenities for 2300 S Michigan Ave #409, South Loop

Features

BalconyCentral Air
Natural GasWalk-in Closet

Appliances

In-Unit Laundry

Community

Exterior Type: BrickLaundry Room

Grounds

2 Parking SpacesGarage Parking
Storage

Other

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.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
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About 2300 S Michigan Ave #409

HomeHouses in Chicago 2300 S Michigan Ave #409, Chicago, IL 60616, USA

Property Status: Active Incredible opportunity at The Shelby! Spacious 2-bedroom, 2-bath unit to call your new home. Enjoy top-tier finishes including stainless steel appliances, granite countertops, contemporary espresso cabinetry, in-unit washer/dryer, and a private balcony. The home is brightened by floor-to-ceiling windows and features ample storage with walk-in closets. Professionally managed building offering comfort, style, and unbeatable urban accessibility. Located in Chicago's vibrant South Loop, steps from CTA Green, Red & Orange Lines, near Lake Shore Drive, Grant Park, museums, dining, and shopping. Discover your new home in a prime location. Limited time offers and leasing incentives that are truly unheard of are currently available for new residents. Covered parking is $240.00 per month, and uncovered parking is $175.00 per month*Photos are of similar units* Office Phone: (630) 359-1173 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. 12651816

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 2300 S Michigan Ave #409 cost about 3% less than the average rent price for 2-bedroom apartments in South Loop.

Median rents as of May 16 2026.
South Loop
Chicago
A table of 2-bedroom apartment rental data trends in Chicago
MonthMedian Rent
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$2,348
January 2026$2,436
February 2026$2,425
March 2026$2,537
April 2026$2,503
May 2026$2,560
A table of 2-bedroom apartment rental data trends in South Loop
MonthMedian Rent
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$2,983
January 2026$3,019
February 2026$3,075
March 2026$3,156
April 2026$3,141
May 2026$3,192

Affordability calculator

Can I afford to live at 2300 S Michigan Ave #409?

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

$126,160/yr

With your selected rent-to-income ratio, you'd ideally want to make $126,160 annually to afford this 2-bedrooms monthly rent price of $3,154.
For more information on rent affordability, visit our rent calculator.

Schools near 2300 S Michigan Ave #409

National Teachers Academy

55 w cermak rd

chicago, IL, 60616

PK, K-8Public
B

Bridgeport Child Development Center

3053 s normal ave

chicago, IL, 60616

PKPublic

Bronzeville Classical Elementary School

8 w root st

chicago, IL, 60609

K-6Public
A-

Chicago Commons Guadalupano Family Center

1814 s paulina ave

chicago, IL, 60608

PKPublic

Ariel Elementary Community Academy

1119 e 46th st

chicago, IL, 60653

PK, K-8Public
C-
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Internet available near 2300 S Michigan Ave #409

Getting around Chicago near 2300 S Michigan Ave #409

Walking

9/10
No car? No problem. Everything you need is within a few blocks.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

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 2300 S Michigan Ave #409, Chicago

Groceries

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

Shopping

7/10
Several shops within a few minutes’ walk

Cafes

6/10
Several cafés within a few minutes’ walk

Restaurants

8/10
Variety of restaurants within a few minutes' walk

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

10/10
At least one high school within a 5-minute walk

Parks

8/10
Very large amount of park space within a few minutes' walk

Nightlife

6/10
Some bars within a few minutes’ walk

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