535 N Michigan Avenue #1505

in Michigan Terrace
$2,400 / month Available now
1
beds
1
baths
850
sq ft
Now
move-in

About this rental

Bright & spacious Magnificent Mile one bedroom with city views. Wood flooring throughout. Brand new A/C unit in living room. Full amenity building features indoor pool & hot tub, state of the art fitness center, party room, roof top sundeck that wraps around the entire building for full 360-degree views, 24-hour door staff, receiving room, storage lockers, dry cleaners, laundry room & bike room. Heat, A/C, water, cable and internet included in assessments! Valet parking available for rent. Amazing Magnificent Mile location is close to Northwestern Memorial Hospital, Michigan Ave. shopping, restaurants, Lake Michigan, Navy Pier, Lake Shore Dr, public transportation, Whole Foods, Trader Joes, Target, Eataly! Available early July No pets allowed.

Lease terms

The lease basics for this unit.

AvailabilityNow
Lease length12 months
Security deposit$3,600 (1.5 mo)
FurnishedNo

Amenities

Shared amenities included with the lease.

In the building
  • 24/7 Front Desk
  • Fitness Center
  • Pool

Property details

Systems and finishes for this unit, straight from MRED.

HeatingIndv Controls, Zoned
CoolingCentral Air

Rent calculator

Most owners want gross income of about 3× the monthly rent. Drop in your income to see where you land.

$
$2,400/mo $14,400/mo

Bringing a roommate or co-signer? Add their income above — owners count combined household income toward the 3× rule.

Monthly rent$2,400 / mo
Income needed (3× rent)$7,200 / mo
Your gross income$7,200 / mo
You meet the 3× rule 3.0× rent

This owner also looks for a credit score of 650+ (around the New Eastside average). Close on either number? A larger deposit or a guarantor usually does the trick — just ask Mino.

About 535 N MICHIGAN Avenue

A look at the building this rental is in.

535 N MICHIGAN Avenue— Michigan Terrace

4 for rent · 1 for sale · River North condo · 33 floors · built 1962
24/7 Front Desk, Fitness Center, Pool.
View all units

Where it is

FAQ

Where does this listing come from?

Straight from the Midwest Real Estate Data (MRED) MLS, refreshed regularly. This is an individually-owned condo the owner is leasing out, so lease terms and pet rules are set by the owner — we surface the specifics here and confirm before you tour.

Is there a broker fee?

No. Dibze represents you, the renter — not the owner. You won't pay us a broker fee, and there's no fee just to tour or apply.

How does the application work?

Start a rental application and we email you a secure link. A soft credit check to start; the per-adult screening fee isn't charged until the owner accepts your application.

More rentals in this building

Other units currently leasing at 535 N MICHIGAN Avenue.

Listed by Julius Dickens · Baird & Warner · (312) 242-1000 · MLS #MRD12691186 · MRED
Mino Conenna
Mino Conenna
Licensed IL broker · Chicago condo specialist
Online now · replies in minutes

Tour this rental

Unit #1505 — pick a time. Mino confirms the same day.

Free · No application fee to tour · Cancel anytime

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