IL > Chicago
Chicago, IL 60607,1500 W MONROE Street #523
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HomeSmart Connect

HomeSmart Connect

+1(847) 495-5000
Listed by Peter Diazof @properties Christie's International Real Estate
$ 300,000
Est. payment | /mo

2 Beds

2 Baths

Save
$ 300,000
Est. payment | /mo
Save

2 Beds

2 Baths

Key Details

Property Type Condo

Sub Type Condo,Condo-Loft

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12442545

Bedrooms 2

Full Baths 2

HOA Fees $680/mo

Year Built 2001

Annual Tax Amount $7,145

Tax Year 2023

Lot Dimensions COMMON

Property Sub-Type Condo,Condo-Loft

Property Description

Don't miss an opportunity to purchase a potential huge investment in the West Loop! This 2-bedroom, 2-bathroom condo is located in the tier that is currently receiving structural repairs, which means it can't be occupied until all work is completed, with an expected completion date as early as the 2nd quarter of 2026. Along with the structural repairs, the unit will also be receiving new flooring and paint throughout. As an investment, similar units have been renting in the $3500-$4000 range, offering an almost guaranteed return on your money. For the patient owner/occupant, this is a unique situation in that you'll be avoiding the highly competitive Spring market next year and will be acquiring a very spacious home with a deeded garage parking space in one of Chicago's trendiest neighborhoods. The value is there, all you need is the patience!

Location

State IL

County Cook

Rooms

Basement None

Interior

Heating Natural Gas, Forced Air

Cooling Central Air

Flooring Hardwood

Fireplaces Number 1

Fireplace Y

Appliance Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer

Laundry Washer Hookup

Exterior

Garage Spaces 1.0

Community Features On Site Manager/Engineer, Receiving Room, Security Door Lock(s)

View Y/N true

Building

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick,Stone,Limestone

New Construction false

Schools

School District 299, 299, 299

Others

Pets Allowed Cats OK, Dogs OK

HOA Fee Include Water,Insurance,Doorman,Exterior Maintenance,Scavenger

Ownership Condo

Special Listing Condition None

Midwest Real Estate Data (MRED) VOW
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
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1500 W MONROE Street #523