ChicagoDowntown / Loop

Lower-priced South Loop 2-bedrooms harder to find this week

by Joe Zekas on 3/14/13

Three South Loop buildings saw their lowest-priced units rented last week, with significantly higher rents on the remaining available units.

At 1130 S Michigan, for example, the lowest priced 1-bedroom is nearly $400 higher, and the lowest-priced 2-bedroom nearly $200 higher than units available last week. At Burnham Pointe, 730 S Clark, the lowest-priced 2-bedroom is nearly $600 higher than one that was available last week. At Sky 55, 1255 S Michigan, the lowest-priced available 2-bedroom was nearly $800 higher.

At The Lex, 2138 S Michigan a 1-bedroom became available priced nearly $300 below last week’s lowest-price.

Note that this represents changes in the units available, not increased or decreased rents on the same units.

If you want to rent in the South Loop, you can see all of your managed apartment building options on YoChicago’s South Loop availability list, below. Where only a single price is listed, it’s an indication that only one unit of that type was available at the time we checked.

There are only a dozen large apartment complexes in the South Loop, and we’ve listed all of them in this Google spreadsheet, and checked what’s available for rent, and what the rents are, in all of them. The spreadsheet is accurate as of the close of business yesterday. Rents listed are for 12-month leases for apartments available now through next month. All of the buildings accept cats and dogs subject, in some cases, to weight and breed restrictions.

Our spreadsheet contains links to each building, links to videos where available, and links to near real-time availability checks for the buildings that offer that feature. The spreadsheet, which is updated weekly, also has links to several reputable major brokerage sites where you can search MLS-listed condos and townhomes available for rent.

If you’ve been searching Craigslist for South Loop apartments you already know you’re wasting a lot of time and encountering a lot of bait-and-switch ads. You’re unlikely to find anything at Craigslist that you won’t find through Yo’s list.

If you’re considering working with a rental service / finder, consider the twenty-five things rental services won’t tell you. Consult our do-not-call list for the rental services – virtually all of them – that engage in deceptive behavior, or worse. Support our Craigslist Apartment Cleanup campaign by liking our Facebook page.

We think there’s no faster or easier way to find your next apartment in the South Loop than our availability list. If you know someone who’s looking to rent in the South Loop, send them a link to this post or to the spreadsheet. If you’d prefer to rent a condo, virtually all of them are listed in the MLS and can be searched at reputable broker sites. Show your support for YoChicago by visiting the website of one of our parent firm’s clients.

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