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Updated 2 hours ago

1400 S Michigan Ave

VERIFIED

Chicago, IL

Studio
1 Bath

650 Sq. Ft.

Available Now
Studio • 1 Bath
$1,800
650 ft2
1 Available
-
$1,800
Available Now
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Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
93
Walker's Paradise
Transit Score®
92
Rider's Paradise
Bike Score®
93
Biker's Paradise
Amenities
In-unit Laundry
Pool
Cable Included
Hardwood Floors
Water Included
Dishwasher
Central A / C
Elevator
Property details
Description

Welcome to 1400 S Michigan Ave, Unit 500! This spacious, east-facing studio is available for rent now. The rent includes cooking gas, heat, air conditioning, water, access to the pool, trash service, a 24-hour doorman, exercise facilities, cable, and one storage locker S258. Inside, you’ll find two outdoor balconies on either side of the living room, stainless steel appliances (including a dishwasher, microwave, gas cooktop, fridge, and garbage disposal), hardwood floors in the main living area, granite countertops, ample closet space, and an in-unit washer and dryer. Window shades are also included, making this a perfect move-in ready space. The furniture in the photos are virtual staging, so they don’t come with the unit. This full-amenity building offers a 24-hour doorman, an outdoor pool, a sundeck, and a party room on the 7th floor. Additionally, the exercise room and storage are conveniently located in the basement. Just steps away from public transportation, the lakefront, museum campus, and an array of restaurants and shopping options, this unit offers both comfort and convenience. Fees: $75 per applicant, $350 move in/ out to building (non-refundable) each way, $300 refundable move deposit to building, 1 month refundable security deposit to owner. Requirements : monthly incomes combined have to show 3 times the rent $1800x 3= $5400 before taxes. Credit score 700 or higher required.  No previous eviction records and bankruptcy. No pets.

Additional Details
Contact Name: Chih-Hao Yang
Total Unit Count: 1
Last Updated: Updated 2 hours ago
Contact Number: (217) 819-8009
Property manager information
Fulton Grace Realty
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 1400 S Michigan Ave by bedroom type below.
Studio
Suggested income:
$64,800
per year
Rent report

1400 S Michigan Ave Rent vs. Chicago Average

 1400 S Michigan Ave      Chicago Average
Studio
$1,800
$1,626
$0
$600
$1,200
$1,800
$2,400

1400 S Michigan Ave is asking 11% more than the average studio apartment in Chicago.

If you upsized to an average priced Chicago 1 bedroom apartment, you would pay 19% more per month.

1400 S Michigan Ave provides 33% more square footage than the average Chicago studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
1400 S Michigan Ave
Studio $1,800 $2.80 $5,400
Chicago Average
Studio $1,626 $3.30 $4,878
1BR $2,015 $2.80 $6,044
2BR $2,493 $2.50 $7,480
3BR $3,059 $2.40 $9,177
4BR $3,359 $2.00 $10,077

Availability in Chicago

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 3,693 1BR units on the market in Chicago. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
20% 38% 30% 10% 2%
Available Units in Chicago
Studio 1,940
1BR 3,693
2BR 2,847
3BR 944
4BR 174
Location
Nearby Colleges
Campus Buildings and Attractions
Distance Walking Biking Driving
(Future) Student Center 0.7 mi 13 min 4 min 1 min
Columbia College Library 0.7 mi 13 min 5 min 1 min
Fitness Center 0.8 mi 16 min 5 min 1 min
Harold Washington Library Center 1.0 mi 20 min 6 min 2 min
Student Center East 1.8 mi 35 min 10 min 3 min
Nearby Hospitals
Name Distance
Mercy Hospital And Medical Center 1.18 mi.
Northwestern Memorial Hospital 2.13 mi.
Rehabilitation Institute Of Chicago 2.21 mi.
Nearby Fire Stations
Name Distance
Washington Fire Department 1.34 mi.
Washington Township Volunteer Fire Department 1.34 mi.
East Chicago Fire Department 1.57 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
It's 650 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are studio units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
1400 S Michigan Ave has a studio unit starting at $1,800.
Where is this property located?
This property is at 1400 S Michigan Ave in Chicago, IL. It's 6.1 miles south from the center of Chicago.
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