Updated 2 Hours Ago
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2300 S Michigan Ave #714, Chicago, IL 60616, USA|South Loop
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Amenities for 2300 S Michigan Ave #714, South Loop
Features
| Balcony | Central Air |
| Natural Gas | Walk-in Closet |
Appliances
| In-Unit Laundry |
Community
| Exterior Type: Brick | Laundry Room |
Grounds
| 2 Parking Spaces | Garage 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.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
About 2300 S Michigan Ave #714
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. 12803424
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 2300 S Michigan Ave #714 cost about 9% more than the average rent price for 2-bedroom apartments in South Loop.
Median rents as of Oct 31 2026.
South Loop
Chicago
| Month | Median Rent |
|---|---|
| November 2024 | $2,599 |
| 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 |
| October 2026 | $2,667 |
| Month | Median Rent |
|---|---|
| November 2024 | $2,959 |
| 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 |
| October 2026 | $3,300 |
Affordability calculator
Can I afford to live at 2300 S Michigan Ave #714?
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
$143,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $143,000 annually to afford this 2-bedrooms monthly rent price of $3,575.
For more information on rent affordability, visit our rent calculator.
Schools near 2300 S Michigan Ave #714
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-
Getting around Chicago near 2300 S Michigan Ave #714
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 #714, Chicago
Groceries
9/10
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
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
9/10
Exceptional variety of bars right within a few minutes’ walk
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