The Beacon

The Beacon

1400 S Michigan Ave, Chicago, IL 60605

4.1
Excellent

"South Loop's newest and best — the neighborhood is finally catching up to the building."

Ratings Breakdown

Amen.4.3Loc.4.0Value3.9Mgmt4.2Views4.2Cond.4.9Winter3.8
Amenities4.3
Location4.0
Value3.9
Mgmt4.2
Views4.2
Condition4.9
Winter ❄️3.8
Winter Score: 3.8/5

Upper Level's exclusive rating for Chicago winter survivability — indoor parking, pedway access, CTA proximity, and wind exposure.

The Rundown

The Beacon is one of the newest rentals in the South Loop, completed in 2021. The building is well-designed and well-maintained. The amenities are solid. The management is responsive. The South Loop location is improving steadily.

The building is a good choice for South Loop renters who want a new building with solid amenities at a price below the more established neighborhoods.

Who Lives Here

Young professionals who want South Loop living in a new building. People who work at the Museum Campus or in the South Loop.

The Neighborhood

South Loop — Grant Park, the Museum Campus, and the lakefront are close.

What You Get

Outdoor poolFitness centerYoga studioRooftop terraceCo-working spacesDoorman/Concierge 24/7Dog runBike storageEV chargingPackage lockers

Elevator Experience

More WaitLess Wait
Moderate Wait90 units/elevator
5
Passenger Elevators
2
Service Elevators
452
Total Units
90
Units/Elevator

Upper Level Intel

🟢 Win

South Loop Is Improving

The South Loop has been improving steadily for years. New restaurants, coffee shops, and retail are opening regularly. The neighborhood is catching up to the building.

The Good & The Not-So-Good

Wins

  • New building (2021) — everything is in good condition
  • Solid amenity package
  • Good management
  • Competitive rents for a new building

Watch Out

  • South Loop still has some rough edges
  • No pedway access
  • Roosevelt CTA is a 10-minute walk

The Verdict

4.1
Excellent — The Beacon

The Beacon is a solid new rental in an improving neighborhood. Good for South Loop believers who want a new building at a competitive price.

Getting Out of Chicago

Nearest CTA Station
Roosevelt (Red/Orange/Green) — 0.5mi
🚂
Union Station
Amtrak · Metra BNSF, Heritage Corridor, SWS
🚶20 minwalk
8 minbike
8 mindrive
🚂
Ogilvie Transportation Center
Metra UP-NW, UP-N, UP-W
🚶22 minwalk
9 minbike
9 mindrive
🚂
Millennium Station
Metra Electric, South Shore Line
🚶12 minwalk
5 minbike
5 mindrive
🚂
LaSalle Street Station
Metra Rock Island District
🚶14 minwalk
6 minbike
6 mindrive
✈️
O'Hare International
Red Line north to Blue Line
55 minRed Line north to Blue Line
30 mindrive
Check live traffic
✈️
Midway Airport
Orange Line (Roosevelt)
35 minOrange Line (Roosevelt)
20 mindrive
Check live traffic

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Quick Facts4.1 ★
Year Built
2021
Floors
38
Total Units
452
Type
Rental
Architect
Solomon Cordwell Buenz
Developer
Golub & Company
Management
Draper & Kramer
Rent Range
$2,000–$5,500/mo
Unit Sizes
Studios–3BR
Pets
Allowed (2 pets, 75lb limit)
Parking
Attached garage ($220/mo)
EV Charging
Yes
Nearest CTA
Roosevelt (Red/Orange/Green) — 0.5mi
Pedway
No
Bike Storage
Yes
Short-Term Rental
Not permitted

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