Date
Details
Price
Change
Source
7/16/2026
Listed
$3,500
—
MLS
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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Property Description
Experience elevated city living in this breathtaking 2-bedroom, 2-bathroom penthouse loft located in the iconic Historic Motor Row Lofts. Combining timeless architectural character with modern luxury, this exceptional residence offers an unforgettable living experience in one of Chicago's most vibrant neighborhoods. Step inside to discover dramatic 18.5-foot timber ceilings, expansive industrial-style windows with custom window treatments, rich hardwood flooring, and a cozy gas fireplace that creates the perfect blend of warmth and sophistication. The spacious open-concept floor plan is designed for both everyday living and effortless entertaining. The luxurious primary suite features a generous walk-in closet and a spa-inspired en-suite bath complete with a double vanity with built-in storage and an oversized walk-in shower. A spacious second bedroom and full guest bath provide flexibility for guests, a home office, or roommates. Enjoy the convenience of an in-unit washer and dryer, then unwind outdoors on your private 18' x 9' rooftop terrace-perfect for morning coffee, evening cocktails, or entertaining under the city lights. Residents also enjoy access to a spectacular shared rooftop deck with panoramic Chicago skyline views. Ideally situated in the heart of the South Loop's historic Motor Row District, you'll be just minutes from McCormick Place, Soldier Field, the Chicago White Sox at Rate Field, Museum Campus, the lakefront, public transportation, and an outstanding selection of restaurants, cafes, breweries, and entertainment venues. This is more than a rental-it's a rare opportunity to enjoy authentic Chicago loft living with luxury finishes, exceptional outdoor space, and an unbeatable location. Showings begin on Sunday 7/19.
Full Property Details
Full Property Details for 2303 S Michigan Ave #507
General
- Rent: $3,500
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12707618
- Updated: 7/17/2026
- Added to Site: 6 day(s) ago
Rental Information
- Lease Includes: Cable TV, Scavenger, Exterior Maintenance, Lawn Care, Snow Removal, Internet
- Date Available: 7/16/2026
Interior
- Basement: None
- Interior Features: 1st-Floor Bedroom, 1st-Floor Bath, Beamed Ceilings, Open Floorplan, Granite Counters
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Gas Log
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
- Flooring: Hardwood, Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Elevator in Residence, Storage, Sundeck, Ceiling Fan, Elevator(s)
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Heated Garage, Yes, Garage Owned, Attached, Garage
Location
- Area: CHI - Near South Side
- County: Cook
- Township: South Chicago
- Subdivision: Motor Row Lofts
- Driving Directions: South Michigan Avenue East of 23rd Street between Michigan & Indiana.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Mgmt. Company: ACM Condo Management
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer, Storm Sewer
- Water: Lake Michigan, Public
Structural Information
- Structure Type: Condo
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Windows: Drapes
- Sub-Flooring: Hardwood, Carpet
- Entry Floor Number: 5
- Stories/Levels: 5
- Sq. Ft. Source: Not Reported
- Year Built: 1910
- Built Before 1978: Yes
- Remodeled/Updated: 2010
Unit Information
- Units in Building: 52
Lot Features
- Lot Dimensions: COMMON
Water Features
- Water Front Name: LAKE MICHIGAN
Financial Considerations
- Lease Price: $3,500
- Security Deposit: $3,500
- Assessment Year: 1910
- Pays Sewer: Public Sewer, Storm Sewer
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Price History for 2303 S Michigan Ave #507
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- Rental
- Active
- Updated 29 minutes ago
- 1Bed
- 1Total Bath
- 900Sq. Ft.
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2303 S Michigan Avenue #507, Chicago, IL 60616 (MLS# 12707618) is a Condo property with 2 bedrooms and 2 full bathrooms. 2303 S Michigan Avenue #507 is currently listed for rent at $3,500 and was received on July 16, 2026. This property is listed by The ME Team from our Hyde Park Office.Want to learn more about 2303 S Michigan Avenue #507? 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.