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$2,250 -$45 (-1.96%) Price Reduced

For Rent
Active
Condo
1 Bed
1 Full Bath
1 Parking Space
1 Car Garage
Pets Allowed (Yes)
Updated 2 hours ago

Map & Location

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Property Description

Enjoy city living in this spacious and stylish 1-bedroom, 1-bath condo at 1720 S. Michigan Ave. #509 in the heart of the South Loop. Rent is $2,295/month and includes a garage parking space. This bright home features dramatic floor-to-ceiling windows, a combination of hardwood and carpet flooring, and an open-concept layout great for entertaining or working from home. The modern kitchen is equipped with granite countertops, stainless steel appliances, and ample cabinet space. Additional conveniences include in-unit laundry and central heat and air conditioning. Residents enjoy the security and convenience of a professionally managed building with a 24-hour door staff and on-site maintenance. Ideally located near the lakefront, Soldier Field, Museum Campus, parks, shopping, restaurants, nightlife, and public transportation, this home offers the best of South Loop living. Rent: $2,295/month (garage parking included). Available: July 1.

Full Property Details

Full Property Details for 1720 S Michigan Ave #509

General

Rent: $2,250
Status: Active
Type: Condo
Source: MRED
MLS ID: 12666557
Updated: 6/5/2026
Added to Site: 2 day(s) ago

Rental Information

Approvals: Credit Report, Move-In Fee, Move-Out Fee, Refundable Damage Deposit
Lease/Rent Term: 12 Months
Lease Includes: Cable TV, Heat, Water, Parking, Scavenger, Doorman, Exterior Maintenance, Snow Removal, Air Conditioning
Date Available: 7/1/2026

Interior

Basement: None

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Bedrooms

Total Bedrooms: 1

Additional Information

Shared Amenities: Bike Room/Bike Trails, Door Person, Elevator in Residence, On-Site Manager/Engineer, Security Door Lock(s), Service Elevator(s)
Other Features: Non-Smoking Unit

Parking

Garage: Yes
Attached garage: Yes
Garage Spaces: 1
Total Spaces: 1
Parking Features: Yes, Attached, Garage

Location

Area: CHI - Near South Side
County: Cook
Township: South Chicago
Driving Directions: From Roosevelt Rd Head South on Michigan Ave to property

School Information

School District: 299
Elem School District: 299
Midd School District: 299
High School District: 299

Community

Pets Allowed: Yes
Pets: Cats OK, Deposit Required, Dogs OK
Pet Restrictions: Cats OK, Deposit Required, Dogs OK, / 999lbs.

Heating & Cooling

Cooling Type: Central Air Conditioning
Heating Type: Other

Utilities

Sewer: Public Sewer
Water: Lake Michigan

Structural Information

Structure Type: Condo
Construction: Concrete
Exterior Const.: Concrete
Basement Desc.: None
Entry Floor Number: 5
Stories/Levels: 30
Sq. Ft. Source: Not Reported
Year Built: 2008

Lot Features

Lot Dimensions: COMMON

Animals

Animals Allowed: Cats OK, Deposit Required, Dogs OK

Financial Considerations

Lease Price: $2,250
Parking Included: Yes
Security Deposit: 1MO
Assessment Year: 2008
Pays Sewer: Public Sewer

Listed by Compass

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Schools

Schools serving 1720 S Michigan Ave #509

School District:Chicago Public School District 299

Name	Grades	Distance
South Loop Elementary School 1212 South Plymouth Court, Chicago, IL 60605	PK-8	0.6 mi
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653	12-11	2.4 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price History for 1720 S Michigan Ave #509 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

6/05/2026

Price Reduced

$2,250

-1.96%

MLS

6/03/2026

Listed

$2,295

—

MLS

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Lots/Land
Closed

1720 S Michigan Avenue #509, Chicago, IL 60616 (MLS# 12666557) is a Condo property with 1 bedroom and 1 full bathroom. 1720 S Michigan Avenue #509 is currently listed for rent at $2,250 and was received on June 03, 2026. Want to learn more about 1720 S Michigan Avenue #509? Do you have questions about finding other real estate for sale or rent in Near South Side? You can browse all Near South Side rentals or contact a Coldwell Banker agent to request more information.

1720 S Michigan Ave #509 Chicago, IL 60616