1500 W MONROE Street #523 Chicago IL 60607 MLS #MRD12442545

MLS #MRD12442545 image #0
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!

Property Details

Price:
$300,000
MLS #:
MRD12442545
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Neighborhood:
CHI – Near West Side
Listed Date:
Aug 11, 2025
Year Built:
2001
Parking TotalChi – Near West SideChi – Near West Side

Schools

School District:
299

Interior

Appliances
Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Fireplaces Total
1
Flooring
Hardwood
Heating
Natural Gas, Forced Air
Laundry Features
Washer Hookup

Exterior

Association Amenities
On Site Manager/Engineer, Receiving Room, Security Door Lock(s)
Construction Materials
Brick, Stone, Limestone
Parking Features
Garage Door Opener, Heated Garage, On Site, Garage Owned, Attached, Garage
Parking Spots
1

Financial

HOA Fee
$680
HOA Frequency
Monthly
HOA Includes
Water, Insurance, Doorman, Exterior Maintenance, Scavenger
Tax Year
2023
Taxes
$7,146

Listing Agent & Office

Peter Diaz
@properties Christie’s International Real Estate

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