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Presented by: @properties Christie's International Real EstatePowered by Highrises
For Sale

$300,000

1500 W Monroe St Unit 523, Chicago, IL 60607

  • 2Beds
  • 2Baths
  • -SqFt
  • 2Beds
  • 2Baths
  • -SqFt
  • Property Type
    Condo
  • Year Built
    2001
  • HOA Fees
    $680/mo
  • On highrises
    0 Days
  • Garage
    1 Car
  • Pet Policy
    Pets OK

Property Details

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 Features

Bedrooms

  • Bedrooms: 2
  • Bedrooms Possible: 2
  • Primary Bedroom Dimensions: 16 x 11
  • Bedroom 2 Dimensions: 15 x 12
  • Primary Bedroom Level: Main
  • Bedroom 2 Level: Main

Also at 1500 W Monroe St

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Legacy Properties, A Sarah Leonard Company, LLC
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  • 1Bath
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Redfin Corporation
CONTINGENT
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1500 W Monroe St Unit 727

  • 3Beds
  • 3Baths
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Discover More

Learn more about 1500 W Monroe St Unit 523