Active

$300,000

1500 MONROE

Chicago, IL 60607

2
Bedrooms
2
Bathrooms
0
Sq Ft
2001
Year Built

About This Property

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!

MLS# MRD12442545Listed 8/11/2025Residential

Property Details

Interior Features

Stories7
CoolingCentral Air
HeatingNatural GasForced Air
Garage SpacesGarage Door OpenerHeated GarageYesGarage OwnedAttachedGarage

Location & Exterior

CountyCook
Subdivision
Lot Size

School Information

Elementary
Middle School
High School

Property Location

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Property Summary

Price
$300,000
Location
Chicago, IL
Property Type
Residential
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Equal Housing Opportunity

Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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