1500 West Monroe #523, Chicago IL 60607
- Bedrooms 2
- Bathrooms 2
- Taxes $7,145.90
- HOA $680
- Payment Estimate View Mortgage Calculator
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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!
Features & Information
Key Details
- List Price $300,000
- Property Taxes 7145.90
- Unit Floor Level 5
- Square Feet 0
- Price/ Sq. Ft. Unavailable
- Year Built 2001
- Parking Type Garage
- Status Active
Rooms
- Total Rooms 5
-
Master Bedroom
- Master Bath F
- Room Size 16X11
-
Bedroom 2
- Room Size 15X12
- Floor Level Main Level
- Flooring Carpet
-
Living Room
- Room Size 18X13
- Floor Level Main Level
- Flooring Hardwood
-
Dining Room
- Room Size 10X10
- Floor Level Main Level
- Flooring Hardwood
-
Kitchen
- Room Size 13X10
- Kitchen Type Eating Area-Breakfast Bar,Island
- Floor Level Main Level
- Flooring Hardwood
Additional Rooms
-
Additional Room 1
- Additional Room 1 Name Balcony
- Additional Room Size 10X06
- Additional Room Level Main Level
-
Additional Room 2
- Additional Room 2 Name Foyer
- Additional Room Size 06X08
- Additional Room Level Main Level
- Additional Room Flooring Hardwood
Interior Features
-
Appliances
- Appliances Included Oven/Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer
-
Heating & Cooling
- Heating Type Gas, Forced Air
-
Fireplace
- # of Fireplaces 1
Exterior Features
-
Parking
- Parking Garage
- # of Cars 1
- Garage Features Garage Door Opener(s),Heated
Building Information
- Number of Units 179
- Age of Building 21-25 Years
- Exterior Construction Brick,Stone,Limestone
- Common Area Amenities On Site Manager/Engineer, Receiving Room, Security Door Locks
- Exposure E (East),City
-
Pets
- Pets Allowed? Y
- Pet Types Cats OK,Dogs OK
Location
- County Cook
- Township West Chicago
- Corporate Limits Chicago
- Directions to Property Monroe West Or Racine To 1500 West
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District 299
-
Property Taxes
- Tax 7145.90
- Tax Year 2023
- Tax Exemptions Homeowner
- Parcel Identification Number 17171010451148
Utilities
- Sewer Sewer-Publ
Listed by Peter Diaz for @properties Christie's International Real Estate | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 8/20/2025 1:32 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore West Loop
This ultra-urban, former warehouse district is one of Chicago's hip, up-and-coming neighborhoods, just steps away from Loop. The West Loop shares corner space with fine galleries and some of the city's trendiest lofts and condominiums. The neighborhood is great for those who like being next to downtown, but enjoy a little breathing room. Even though it had its start as an industrial storage center, the West Loop is making up for lost time by infusing the area with as much active life and entertainment options as space will allow. Beginning with a couple public parks, the community is not for want of open expanses of green or recreation opportunities these days. In fact, West Loop's Union Park is more than a playground – it doubles as an annual outdoor festival venue for the popular Pitchfork Music Festival each year. West Loop is also gaining fame for its exceptional cuisine with more celebrity chefs opening up shop in the area more than any other neighborhood.
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