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2303 S Michigan Ave Unit 507 , Chicago, IL 60616
$3,200
Est. Payment: $17.29/mo
2 Bed
2 Bath
Status: rented | Days on site: 75
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12293 - 107531,117948,167144
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House Description

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.

Highlights

Listed by Paulette Edwards , 773-837-0383 and Sybil Martin , (773) 491-7217 Coldwell Banker Realty , 773-451-1200. Midwest Real Estate Data mls logo

Property Type

Residential Lease

Year Built

1910

County

Cook

Area

CHI - Near South Side

Neighborhood

Motor Row Lofts

School District

299

Listing ID

12707618

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Air Cond:Central Air
Fireplaces:Gas Log
Floor:Hardwood,Carpet
Other:
  • ▪ Additional:1st Floor Bedroom, 1st Floor Full Bath, Beamed Ceilings, Open Floorplan, Granite Counters, No
Water:Lake Michigan,Public

Exterior Features

Lot Dimensions:COMMON
Garage Capacity:1
Sewer:Public Sewer,Storm Sewer
Parking Features:Heated Garage,Yes,Garage Owned,Attached,Garage
Principal Interest
$17
Taxes
$2

Home Price

$3,200

Loan Details

30 yrs
7.148%

Down Payment

20%
$640
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$17.29

Principal

Taxes

Principal Taxes HOA Total
Monthly $17.29 $2.04 $0.00 $19.33
Yearly $207.44 $24.48 $0.00 $231.92
Total $6,223.30 $734.40 $0.00 $6,957.70
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Chicago, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-11-02T23:24:05.000Z

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