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
Other Rooms
- Total Rooms: 5
- Balcony/Porch/Lanai, Foyer
- Balcony/Porch/Lanai: 10 x 06
- Balcony/Porch/Lanai Level: Main
- Entry Foyer Dimensions: 06 x 08
- Living Room Dimensions: 18 x 13
- Entry Foyer Level: Main
- Living Room Level: Main
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Appliances
- Yes
- Laundry Features: Washer Hookup
- Washer Dryer Hookup: Yes
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Natural Gas, Forced Air
- Number of Fireplaces: 1
Kitchen and Dining
- Dining Area Dimensions: 10 x 10
- Dining Area Level: Main
- Kitchen Dimensions: 13 x 10
- Kitchen Level: Main
Interior Features
- Flooring: Hardwood
- Window Features: Screens
Land Info
- Additional Parcels Description: 17171010451297
- Additional Parcels: Yes
Garage and Parking
- Garage Spaces: 1
- Parking Features: Garage Door Opener, Heated Garage, On Site, Garage Owned, Attached, Garage
- Parking Total: 1
Homeowners Association
- Association: Yes
- Association Amenities: On Site Manager/Engineer, Receiving Room, Security Door Lock(s)
- Association Fee: 680
- Association Fee Frequency: Monthly
- Association Fee Includes: Water, Insurance, Doorman, Exterior Maintenance, Scavenger
- Calculated Total Monthly Association Fees: 680
- Pets Allowed: Cats OK, Dogs OK
- Cats Allowed: Yes
- Dogs Allowed: Yes
School Information
- Elementary School District: 299
- High School District: 299
- Middle or Junior School District: 299
Amenities and Community Features
Other Property Info
- Annual Tax Amount: 7145.90
- Source Listing Status: Active
- County: Cook
- Directions: MONROE WEST OR RACINE TO 1500 WEST
- Tax Year: 2023
- Ownership: Condo
- Source Property Type: Residential
- Property Subtype: condo
- Parcel Number: 17171010451148
- Township: West Chicago
- Management Company: First Residential
- Property Subtype: Attached Single
- Source System Name: C2C
Building and Construction
- Year Built: 2001
- Construction Materials: Brick, Stone, Limestone
- Entry Level: 5
- Property Age: 24
- Levels or Stories: 7
- Structure Type: Condo, Condo-Loft
Utilities
- Sewer: Public Sewer
- Water Source: Lake Michigan