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1220 South Michigan Ave.

📍 1220 South Michigan Avenue, Chicago, IL 60605

Monthly Rent

$1,960

Bedrooms

Studio

Bathrooms

1 ba

Sq Feet

575 sq ft

Updated 9 days ago

📋 Property Overview

1220 South Michigan Ave. offers Studio and 1 ba in South Loop, Chicago, Illinois. Interior space is 575 sq ft. Rent is $1,960 a month. Features in the home include microwave, extra storage, granite counters and stainless steel. The building offers on-site laundry, gym, clubhouse and dogs allowed. Pets are allowed (cats and dogs). Leases run 12 months. Availability: Available now. The Walk Score here is 95, meaning most errands can be done on foot. Transit Score is 100. Rent sits 15% below the area median ($2,300).

🚶 Getting Around

  • Walk Score95/100

    Walker's Paradise

  • Transit Score100/100

    Rider's Paradise

45 transit routes nearby

  • 36Bus
  • 9Rail
Studio · typical rent nearby$1,929

Market trend: Falling · as of August 2026

💵 Costs & Lease

Lease length
12 months
Units available
1 unit

Amounts are as published by the source and may change. Confirm before applying.

📐 Floor Plan Details

  • 1 Bed, 1.0 Bath1 bd · 1 ba · 692 sq ftNone available right now
  • 2 beds, 2 baths2 bd · 2 ba · 1,027 sq ftNone available right now
  • 1.0 BathStudio · 1 ba · 575 sq ft$1,9601 unit available

🧾 Move-in Costs & Lease

Lease length
12 months
Available
Available now
Application fee
$60 per applicant, paid to RivoRent

Property amounts are as published by the source and may change. Confirm before applying. The application fee is RivoRent's own and is the same on every listing.

🛡️ Renters Insurance — Estimated Cost

Estimated range for Illinois at $20,000 – $24,999 of personal property

$12–$15/ monthEstimate — not a quote

About $153–$175 a year.

Based on what Illinois renters actually paid: NAIC industry data for 2023 (average HO-4 premium, 686,697 policy-years), adjusted to July 2026 with the U.S. Bureau of Labor Statistics tenants' insurance index. It is a market average, not a price for this building and not a price for you.

Your own price depends most on your credit-based insurance score, your claims history and which carrier you choose. In published Ohio figures the same coverage ranges from $127 a year at excellent credit to $933 at poor credit. We do not ask for any of that, so we cannot narrow this for you.

Compare what companies charge and get a real quote

🏠 Inside the Home

  • Granite counters
  • Hardwood floors
  • Dishwasher
  • Stainless steel
  • Extra storage
  • Microwave

🏢 In the Building

  • Dogs allowed
  • Cats allowed
  • Gym
  • Pet friendly
  • On-site laundry
  • Package receiving
  • Clubhouse
  • Bike storage

✅ Who Qualifies

Must have 3x the rent in total household income (before taxes)

🐾 Pets

Pets
Allowed
Types
Cats, Dogs

✨ Features & Details

  • On-site laundry
  • Granite counters
  • Hardwood floors
  • Dishwasher
  • Pet friendly
  • Stainless steel
  • Extra storage
  • Microwave
  • Cats allowed
  • Dogs allowed
  • Clubhouse
  • Gym
  • Bike storage
  • Package receiving
  • 575 sq ft

📊 Property Facts

Walk Score
95 · Walker's Paradise
Transit Score
100 · Rider's Paradise

🎓 Nearby Schools

  • South Loop Elementary School · K-86/10 · 0.2 mi
  • Jones College Prep High School · 9-1210/10 · 0.5 mi
  • National Teachers Elementary Academy · PK-83/10 · 1.0 mi
  • Noble Academy · 97/10 · 1.1 mi
  • Muchin College Prep · 9-128/10 · 1.1 mi
  • Haines Elementary School · PK-88/10 · 1.3 mi
  • Walsh Elementary School · PK-85/10 · 1.5 mi
  • Smyth J Elementary School · PK-81/10 · 1.5 mi
  • Galileo Elementary Math & Sci Schol Acd · K-86/10 · 1.5 mi
  • Jungman Elementary School · PK-85/10 · 1.5 mi

🏡 Floor Plans

  • Floor plan 1

    Availability: available

    $1,960

❓ Frequently Asked Questions

$1,960

per month

Available Now
Studio
1 ba
575 sq ft

Use the buttons at the bottom of the screen to schedule a tour or apply online. Applications are reviewed within 1–3 business days.

💬 Questions about this property?

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