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2303 S MICHIGAN Avenue # 507 Chicago, IL ^$ 3,500

2303 S MICHIGAN Avenue # 507

^$ 3,500

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Recently Listed

2303 S MICHIGAN Avenue # 507

Chicago, IL, 60616

^$ 3,500

Bedrooms2 Baths2.0

2303 S MICHIGAN Avenue # 507, Chicago, IL 60616 - Image 1

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Property for Rent in Chicago, IL

for $3,500 with 2 bedrooms and 2 full baths. This property was built in 1910.

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.

Rental Active

Price

^$ 3,500

Bedrooms

Full Bath

Taxes

^$ 0

Style

Condo

Year Built

1910

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12707618

Features

General

Living Area 0

Sewer Public Sewer Storm Sewer

Heating Natural Gas Forced Air

Cooling Central Air

Possession Immediate

Appliances Range Microwave Dishwasher Refrigerator Washer Dryer Disposal

Garage Spaces 1

Construction Materials Brick

Year Built 1910

Electric Circuit Breakers

Township South Chicago

Unit Number 507

County Cook

Property Type Residential Lease Residential Lease

Association Amenities Elevator in Residence Storage Sundeck Ceiling Fan Elevator(s)

Subdivision Name Motor Row Lofts

Rent Includes Cable TV Scavenger Exterior Maintenance Lawn Care Snow Removal Internet

Total Rooms 5

Full Baths 2

Status Active

Directions South Michigan Avenue East of 23rd Street between Michigan & Indiana.

City Chicago

High School District 299

MLS Area CHI - Near South Side

Availability Date 2026-07-16

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Sub Type Condo

Interior

Interior Amenities 1st Floor Bedroom 1st Floor Full Bath Beamed Ceilings Open Floorplan Granite Counters

Basement None

Flooring Hardwood Carpet

Furnished Y/N No

Total Fireplaces 1

Fireplace Features Gas Log

Total Stories 5

Half Baths 0

Laundry Features Washer Hookup In Unit

Total Bedrooms 2

Room Type Deck

Total Baths 2

Bedrooms Possible 2

Total Number of Units 52

Exterior

Parking Features Heated Garage Yes Garage Owned Attached Garage

Water Source Lake Michigan Public

Total Parking 1

Lot Dimensions COMMON

Waterfront Y/N N

* Excluded Features

List By

Coldwell Banker Realty

Broker

paulette.edwards@cbexchange.com

Nearby

Trends
Schools

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/16/2026	$3,500		Listed Price

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2303 S MICHIGAN Avenue # 507, Chicago, IL, 60616 is a Property for Rent at $3,500. 2303 S MICHIGAN Avenue # 507 has 2 bedrooms, 2.0 baths, and was built in 1910. The property's zip code is 60616 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 7/22/2026.

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2303 S MICHIGAN Avenue # 507

Property for Rent in Chicago, IL

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