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    1620 S Michigan Ave, Unit 1210 Chicago, IL 60616

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    For Lease
    $2,500 /Mo ($33 SF/Yr)

    Bright, spacious South Loop loft with west-facing views and balcony.

    Property size:
    900 SF
    Lot size:
    900 SF

    Property Features for 1620 S Michigan Ave

    General Information

    Size
    900 SF

    Building Details

    Year built
    2006

    Source: KW ONEChicago Agent Jamarber Luzaj

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    South Loop Loft with Views

    This top-floor soft loft, situated in the South Loop, features west-facing views. The 900 square foot unit includes soaring ceilings and hardwood floors in the living and dining area. The kitchen is equipped with stainless steel appliances and granite countertops. In-unit laundry is also included. A large private balcony provides sunset views. The primary suite features a walk-in closet and a bathroom with a double vanity and soaker tub. Rent includes heat, gas, A/C, cable TV, and internet; the tenant is responsible for electricity. One garage parking space is available for an additional $200 monthly fee and must be rented with the unit.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Brighter Dental Emergency Dental Service Lipeng Chen Music Music Instructor Imazaki Dojo Karate School Roger Nouneh Periodontist Avanza Strategies Educational Consultant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.624456
    Latitude
    41.8594913

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    FAQs

    What type of property is this?
    Apartment building - Bright, spacious South Loop loft with west-facing views and balcony.
    Where is this apartment building located?
    The property is located at 1620 S Michigan Ave, Unit 1210 Chicago, IL.
    What is the lease rate?
    The lease rate is $33 SF/Yr.
    What are key features of this property?
    This property features: - Spectacular west-facing views from a top-floor unit.; - Enjoy sunset views from the large private balcony.; - Rent includes heat, gas, A/C, cable TV, and internet.
    Request Owner's contact information
    1620 S Michigan Ave, Unit 1210 Chicago, IL 60616
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1620 S Michigan Ave, Unit 1210 Chicago, IL 60616
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