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We're sorry, but this listing (1 Bed at 1400 S Michigan Avenue) is no longer available. Below are some similar listings.

South Loop Apartments for Rent

Home  »  Chicago  »  South Loop
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40 E 9th Street
South Loop, Central Chicago, Chicago
$1,900
By David Auffarth, 1 day ago
1 Bed
|
1 Bath
|
800 Sqft
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320 E 21st Street
South Loop, Central Chicago, Chicago
$1,600
By Nancy Abuali, 1 day ago
1 Bed
|
1 Bath
|
832 Sqft
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170 W Polk Street
South Loop, Central Chicago, Chicago
$2,190
By Matt Laricy, 1 day ago
1 Bed
|
1 Bath
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100 E 14th Street
South Loop, Central Chicago, Chicago
$2,450
By Mark Nessim, 1 day ago
1 Bed
|
1 Bath
|
927 Sqft
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1919 S Michigan Avenue
Prairie District, South Loop, Central Chicago, Chicago
$1,950
By Miguel Chacon, 22 hours ago
1 Bed
|
1 Bath
|
717 Sqft
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1400 S Michigan Avenue
South Loop, Central Chicago, Chicago
$2,100
By Faustino Aguilera, 1 day ago
1 Bed
|
1 Bath
|
758 Sqft
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910 S Michigan Avenue #1208
South Loop, Central Chicago, Chicago
$2,400
By Chase Miller, 1 day ago
1 Bed
|
1 Bath
|
850 Sqft
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500 S Clinton Street
South Loop, Central Chicago, Chicago
$2,050
By Nikit Tailor, 1 day ago
1 Bed
|
1 Bath
|
705 Sqft
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1400 S Michigan Avenue
South Loop, Central Chicago, Chicago
$2,100
By Thomas Campone, 1 day ago
1 Bed
|
1 Bath
|
850 Sqft
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1550 S Indiana Avenue
South Loop, Central Chicago, Chicago
$1,650
By Kevin Thornton, 22 hours ago
1 Bed
|
1 Bath
|
760 Sqft
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1464 S Michigan Avenue
South Loop, Central Chicago, Chicago
$1,975
By Kevin Thornton, 1 day ago
1 Bed
|
1.5 Bath
|
876 Sqft
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1255 S State Street
South Loop, Central Chicago, Chicago
$2,200
By Ayumi DeLoney, 1 day ago
1 Bed
|
1 Bath
|
880 Sqft
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2101 S Wabash Avenue
South Loop, Central Chicago, Chicago
$1,850
By Quentin Green III, 1 day ago
1 Bed
|
1 Bath
|
581 Sqft
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1515 S Prairie Avenue
South Loop, Central Chicago, Chicago
$2,250
By Shiree Booker, 1 day ago
1 Bed
|
1.5 Bath
|
900 Sqft
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611 S Wells Street
South Loop, Central Chicago, Chicago
$2,100
By Ryan Cherney, 5 days ago
1 Bed
|
1 Bath
|
712 Sqft
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1255 S State Street
South Loop, Central Chicago, Chicago
$2,000
By Sergio DiVincenzo, 3 days ago
1 Bed
|
1 Bath
|
610 Sqft
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1918 S Michigan Avenue
South Loop, Central Chicago, Chicago
$1,900
By Liz Melvin, 5 days ago
1 Bed
|
1 Bath
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1400 S Michigan Avenue
South Loop, Central Chicago, Chicago
$2,250
By James Fleming, 4 hours ago
1 Bed
|
1 Bath
|
751 Sqft
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320 E 21st Street
South Loop, Central Chicago, Chicago
$1,700
By Eric Frost, 4 hours ago
1 Bed
|
1 Bath
|
700 Sqft
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1529 S State Street
South Loop, Central Chicago, Chicago
$1,950
By Michael Scavo, 4 hours ago
1 Bed
|
1 Bath
|
834 Sqft
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South Loop Apartments for Rent

South Loop

About South Loop

As one of Chicago’s oldest residential neighborhoods, the South Loop has been reborn. Its prime location hosts many high-rise luxury units for sale and rent. Several of Chicago’s major attractions reside here, including McCormick Place and Soldier Field, home of the Chicago Bears. The South Loop is bound in the north by Congress Pkwy, the east by Grant Park, and in the southwest by Chinatown. South Loop encompasses Museum Campus, the beautiful Northerly Island, Dearborn Park and Printer’s Row. The CTA’s Orange, Red, and Green Lines serve the area.

Apartment Snapshot

Residents of the South Loop pay a premium rent for their places. Median rent for a one-bedroom is $1,800 but one can expect to pay well north of $2,000 for a luxury apartment and over $3,000 for a great two-bedroom rental. A majority of apartments and condos in the area are in complexes of 50 units or more.

History

The South Loop was one of Chicago’s first residential areas, and was lucky to be spared in the Great Chicago Fire in 1871. Due to its close proximity to the Loop, the area took in many of the displaced businesses and would become a business district and rail yard until the decline of passenger trains. Nearly a century later, in the vicinity of Dearborn station, 51 acres of vacant rail yard was converted into Dearborn Park. This catalyzed the development of apartments along the park, as well as the conversion of warehouses into lofts, thus attracting many middle-class residents to the area.

Atmosphere

The South Loop is known for its great amenities; there are parks and museums galore. The Museum Campus is a popular draw for tourists and for good reason. The Shedd Aquarium, Adler Planetarium, and Field Museum are all excellently curated and attract a cultured demographic to the area. Expect to encounter some crowds here, as year round events draw thousands of people and the accompanying traffic. Violent crime is low in this area, but property crimes like theft is common as can be expected in tourist areas.

Demographics

The South Loop’s many charms draw in an affluent population of about 33,381 with a median household income of $68,944. Average household size is 1.8, reflecting the high population of students and singles. People tend to rent their homes here more often than owning. More than 30% of households are families, of which almost half have children under 18. Over 80% of these families send their K-12 children to private schools.

Did You Know?

The South Loop was formerly a “vice” area, known for its many brothels, bars, and burlesque theatres.

While You’re Here

The Chicago Auto Show is the nation’s largest and hosted every February at the South Loop’s McCormick Place. For a unique date night, check out the Adler Planetarium’s ‘After Dark’ offering every third Thursday of the month for an adults only museum experience with monthly themes.

For those interested, South Loop currently has 134 residential listings advertised on the market for rent. From data that we've compiled, listings range from $2,008 in the lower quartile to $3,075 in the upper quartile. Generally speaking, the median rental price is $2,463 or $30 / ft². For those interested in renting a listing in this search area, there are currently 9 studio, 56 one-bedroom, 52 two-bedroom, 13 three-bedroom, and 4 four+ bedroom properties available for rent.
For your convenience, we've included a more detailed breakdown of rental pricing by median bedroom sizes here:
Bedrooms Rent Rent / ft²
Studio $35 $40
1 BR $2,100 $32
2 BR $2,838 $28
3 BR $4,400 $34
4+ BR $8,396 $38

We make sure to refresh our rental listings every hour in order to provide you with the newest and most up-to-date inventory available on the market.

South Loop is located within Cook County, Illinois. This area currently has 5,227,575 residents in 1,951,606 households. Out of the total population, 30.47% of the residents speak another language at home instead of English. The majority of the inhabitants in this county are currently unmarried and have a median age of 36.1.

When looking at residents older than 25, 23.68% have graduated from high school, 21.88% have a bachelor's degree, and 14.59% have obtained their master's degree or above. Employment rate is typically around 59.7% and the median income in this county is $56,902.

At least 43.37% of those living in this county rents their homes. Most residents will commute to work by car with an average commute time of 32.6 minutes.

Geographically, Cook County, Illinois is a part of the Chicago, IL - IN Urban Area. This county is currently home to 8,672,319 residents, or 3,153,810 households with a median income of $63,064. the Chicago, IL - IN Urban Area residents have a median age of 36.6 and 36.73% are currently renting their homes in the area.

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