1500 West Monroe Street 523, Chicago, IL

$300,000

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2

Beds

2

Baths

About 1500 West Monroe Street 523

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 of 1500 West Monroe Street 523

MLS® # 12442545
Price $300,000
Bedrooms 2
Bathrooms 2.00
Full Baths 2
Acres 0.00
Year Built 2001
Type Residential
Sub-Type Attached Single
Status Active

Community Information

Address 1500 West Monroe Street 523
Area CHI - Near West Side
City Chicago
County Cook
State IL
Zip Code 60607

Amenities

Amenities On Site Manager/Engineer, Receiving Room, Security Door Lock(s)
Parking Spaces 1
Parking Garage Door Opener, Heated Garage, On Site, Garage Owned, Attached, Garage
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Appliances Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer
Heating Natural Gas, Forced Air
Cooling Central Air
Fireplace Yes
# of Fireplaces 1
# of Stories 7
Has Basement Yes
Basement None

Exterior

Exterior Brick, Stone, Limestone

School Information

District 299

Additional Information

Days on Market 64
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 680
HOA Fees Freq. Monthly

Listing Details

Office@properties Christie's International Real Estate
Contact Info312-254-0200

Listing Map

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