$300,000
1500 W MONROE Street #523
Chicago, IL, 60607
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
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
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Community
- Address1500 W MONROE Street #523 Chicago IL
- CityChicago
- CountyCook
- Zip Code60607
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Property Summary
- 1500 W MONROE Street #523 Chicago IL is a Condo for sale in Chicago, IL, 60607. It is listed for $300,000 and features 2 beds, 2 baths, and has approximately 0 square feet of living space, and was originally constructed in 2001. The average price per square foot for Condo listings in Chicago is $365. The average listing price for Condo in Chicago is $615,531. To schedule a showing of MLS#mrd12442545 at 1500 W MONROE Street #523 in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
1500 W MONROE Street #523
Chicago, IL
