1537 S MICHIGAN AVE — Rent Intelligence for South Loop, Chicago

South Loop · Chicago, IL

Current rent range

$1,862 – $4,577 / mo

5 bedroom bands tracked · sampled from recent listings

Leave a review

★★★★★0.00 reviews

Verified reviewsMAOwned byMARIA ARIAS1 bldg

1537 S MICHIGAN AVE

Chicago, IL

HPD violations2last 7 years · class A, B, C

Evictions filed0last 7 years

Tenant reviews0no reviews yet

Rent-stab units—no coverage

Building age—year unknown

311 complaints0last 7 years

01 / 10

Rental intelligence.

Neighborhood Median Rent

South Loop · March 2026

Studio

$2,190/mo

1 BR

$2,340/mo

2 BR

$2,640/mo

3 BR

$3,390/mo

4 BR

$3,980/mo

Compare this building's listings above against the neighborhood medians.

Seasonal Pattern

Best & worst months to sign a lease

Cheapest

September

Most expensive

February

JFMAMJJASOND

Potential savings: ~9% by timing your move to September.

Units Historic Rent 1 listing

2 Bed$3,2001 listing

Neighborhood Rent Range South Loop

Studio

$1,845

$1,845

1 Bed

$2,100

$2,100

2 Bed

$3,800

$3,800

3 Bed

$3,390

$2,882 – $3,898

4 Bed

$3,980

$3,383 – $4,577

Range (P25 – P75)MedianBased on recent listings in South Loop

01 / 09

Rental intelligence.

01b / 09

Rent trends.

Downtown Chicago

Quarterly market rent, 2014–2026 (latest = Q1 2026 forecast)

Asking rent

$3,087

current quarter

Effective rent

—

per bedroom only

YoY change

4.3%

asking, vs 1 yr ago

10-year change

27%

asking, since ~'16

Asking rent per bedroom type — switch tabs to see each with effective (concession-net) rent.

01b / 09

Rent trends.

02 / 10

Violations, 311, & more.

hpd · dob · 311 · acris
last 7 years

Violation & Complaint Trends

Monthly counts over the last 7 years · all data sources

Improving

HPDTop Violations

2 total

All HPD violations
2

311Top Complaints

0 total

Graffiti Removal Request
6
Water Quality Concern
1
Sewer Cleaning Inspection Request
1

DOBTop Filings

2 total

DOB Violations
2

EvictionsEvictions

0 filed

Evictions filed
0

Recent records

Last 7 years

—NO RECORDS—
No HPD records on file in the last 7 years.

See all 2 HPD records

02 / 09

Violations, 311, & more.

05 / 10

The landlord.

MARIA ARIAS

Portfolio of 1 building

Portfolio-level grade reflects the landlord's buildings across the city, weighted by unit count. Individual building grades may differ.

View full landlord profile

buildings

4.9

avg score / 5

portfolio grade

nearby owned

Ownership timeline · this building

ACRIS deeds and regulatory filings

nowMARIA ARIASOwner of record per HPD registration.

05 / 09

The landlord.

06 / 09

Location & daily life.

07 / 10

About this area.

South Loop · 60605

Neighborhood overview

South Loop→

Vibe · top buildings · landlords · schools · transit

Crime in 60605

See full breakdown→

Incident type · 6-month trend · vs. Chicago average

Rent trends in South Loop

Median rent & comparables→

1BR & 2BR averages · month-over-month · current listings

Nearby neighborhoods to explore

Loop· 0.63 mi Loop· 1.09 mi Loop· 1.28 mi West Loop· 1.43 mi South Loop· 1.44 mi

08 / 10

History of the building.

construction · ownership · permits

1970198019902000201020202030

now

Current owner: MARIA ARIAS

Registered owner on file.

Recent Activity

10 events

311MEDIUMApr 5, 2025
Graffiti Removal Request — No details available
311MEDIUMMay 25, 2024
Graffiti Removal Request — No details available
311MEDIUMMay 23, 2024
Graffiti Removal Request — No details available
311MEDIUMJan 4, 2024
Water Quality Concern — No details available
311MEDIUMAug 6, 2021
Graffiti Removal Request — No details available
311MEDIUMAug 5, 2021
Graffiti Removal Request — No details available
311MEDIUMSep 18, 2019
Sewer Cleaning Inspection Request — No details available
311MEDIUMAug 31, 2019
Graffiti Removal Request — No details available
DOBMEDIUMJun 4, 2012
DOB Violation — OBTAIN PERMIT BEFORE SIGN WORK
DOBMEDIUMApr 19, 2012
DOB Violation — OBTAIN PERMIT BEFORE SIGN WORK

07 / 09

History of the building.

10 / 10

Frequently asked questions.

10 / 10

Chicago-specific insights.

Rent Comparison

Studio
This building: $1,862 – $2,519
19% aboveArea: $1,845
1 Bed
This building: $1,989 – $2,691
11% aboveArea: $2,100
2 Bed
This building: $2,244 – $3,036
31% belowArea: $3,800
3 Bed
This building: $2,882 – $3,898
—Area: —
4+ Bed
This building: $3,383 – $4,577
—Area: —

Review Summary

0 reviews

0.0 / 5

Mixed feedbackBased on 0 reviews

Read all 0 reviews →

Neighborhood Vibe

South Loop stretches from Museum Campus to Printer's Row, blending condo towers with converted loft buildings. The lakefront trail is steps away, and the neighborhood's restaurant scene along Wabash keeps improving.

LakefrontLoft LivingGrowingDiverseWalkable

Energy Score

No energy benchmarking on file.

Walkability & Transit

Car-dependentTransit score · 4 nearby stops

Nearest TransitBus · 1 min walk

Nearby Stops4

Bus

Estimated from nearby transit stop data

Nearby Transit

BUS

Michigan & 16th StreetX43412
0.0 mi1 min
Michigan & 16th Street43X41
0.1 mi1 min
Indiana & 15th Place12
0.1 mi1 min
Indiana & 16th Street12
0.1 mi2 min

Nearby Schools & Colleges

No schools within 0.8 mi on file.

At a glance

RLTO protectedNo

Similar Buildings

64 W 17TH ST

64 W 17TH ST, Chicago, IL

Chicago

View building

1040 S PLYMOUTH CT

1040 S PLYMOUTH CT, Chicago, IL 60605

Chicago

View building

1155 S STATE ST

1155 S STATE ST, Chicago, IL

South Loop

View building

719 S CLARK ST

719 S CLARK ST, Chicago, IL 60605

Chicago

View building

820 S CLARK ST

820 S CLARK ST, Chicago, IL 60605

Chicago

View building

08 / 09

Similar buildings nearby.

Building record last updated 22 days ago. Sourced from HPD, DOB, 311, and Lucid Rents data syncs.