$300,000

beds

baths

1500 W Monroe Street #523

Chicago, Illinois 60607

Active / MLS #12442545 / Loft / Near West Side

Listing information updated 8/18/2025 at 9:23am

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!

Full Features

Exterior Type:

Brick,Stone,Limestone

Basement:

None

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Natural Gas, Forced Air

Appliances:

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

Main Level Primary Bedroom:

Yes

Fireplace:

Yes

Pool:

Age:

21-25 Years

Parking Type:

Garage - Garage Door Opener,Heated Garage,On Site,Garage Owned,Attached,Garage

Parking Spaces:

Garage:

Attached

Room Count:

Water Front:

Square Feet:

N/A

Pet Information:

Cats OK, Dogs OK

Common Area Amenities:

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

Room Information

Living Room:

18x13 - Main

Dining Room:

10x10 - Main

Kitchen:

13x10 - Main

Family Room:

N/A

Primary Bedroom:

16x11 - Main Level

2nd Bedroom:

15x12 - Main

3rd Bedroom:

N/A

4th Bedroom:

N/A

Balcony/Porch/Lanai:

10x06 - Main Level

Foyer:

06x08 - Main Level

Laundry:

N/A Level

Taxes & Assessments

Tax Amount:

$7,145

Tax Year:

2023

Assessments:

$680 / month

Location

Zip Code:

60607

City:

Chicago

County:

Cook

Schools

School District(s):

299

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Exterior Type:

Brick,Stone,Limestone

Basement:

None

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Natural Gas, Forced Air

Appliances:

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

Main Level Primary Bedroom:

Yes

Fireplace:

Yes

Pool:

Age:

21-25 Years

Parking Type:

Garage - Garage Door Opener,Heated Garage,On Site,Garage Owned,Attached,Garage

Parking Spaces:

Garage:

Attached

Room Count:

Water Front:

Square Feet:

N/A

Pet Information:

Cats OK, Dogs OK

Common Area Amenities:

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

Living Room:

18x13 - Main

Dining Room:

10x10 - Main

Kitchen:

13x10 - Main

Family Room:

N/A

Primary Bedroom:

16x11 - Main Level

2nd Bedroom:

15x12 - Main

3rd Bedroom:

N/A

4th Bedroom:

N/A

Balcony/Porch/Lanai:

10x06 - Main Level

Foyer:

06x08 - Main Level

Laundry:

N/A Level

Tax Amount:

$7,145

Tax Year:

2023

Assessments:

$680 / month

Zip Code:

60607

City:

Chicago

County:

Cook

School District(s):

299

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: @PROPERTIES

Listing Office Phone: 312.254.0200

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 8/18/2025 at 9:23am. 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. Some listings have been excluded from this website.