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The Montgomery

The Montgomery

The Montgomery
Condominium Building
500 W Superior St
Chicago, IL 60654
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

245 Units
28 Stories
1972 Year Built
$27.1K - $5.0M Value Range

Available Units

For Sale
For Rent

Highlights

  • Doorman
  • Water Views
  • Steam Room
  • Fitness Center
  • Elevator
  • 3 min walk to Ward A Montgomery Park Chicago

Iconic High-Rise Living in River North

The Montgomery, designed by renowned architect Minoru Yamasaki, stands as a 28-story high-rise in the vibrant River North neighborhood of Chicago. Completed in 1972, this building houses 245 condominium units, offering a range of living spaces that cater to diverse lifestyles. Its prime location on a picturesque, tree-lined street provides residents with easy access to the Chicago River, Montgomery Ward Park, and the bustling nightlife and dining options that River North is famous for.

Diverse Layouts with Modern Comforts

The Montgomery offers a variety of floor plans, ranging from 1 to 4-bedroom layouts. One-bedroom units, spanning 912 to 1,220 square feet, typically feature 1.5 to 2 bathrooms and are priced around $700,000. These units often include floor-to-ceiling windows that flood the space with natural light, hardwood floors, and modern kitchens with high-end stainless steel appliances and quartz countertops. Two-bedroom units vary significantly in size, from 713 to 2,850 square feet, with 0 to 3.5 bathrooms. Prices for these units range from $285,000 to $1,089,000. Many of these homes boast expansive living areas, custom cabinetry, and luxurious primary suites with spa-like bathrooms featuring heated floors, rain showers, and soaking tubs. Three-bedroom units, which can be as large as 10,000 square feet, offer 2 to 4 full and 2 half bathrooms, with prices ranging from $699,000 to $7,950,000. These residences often include unique features such as custom built-ins, fireplaces, and expansive kitchens designed for both grand-scale entertaining and intimate family gatherings. The primary suites in these units are particularly noteworthy, often featuring walk-in closets, automated shades, and ensuite bathrooms with dual vanities and intricate mosaic tiling. The four-bedroom units, ranging from 4,100 to 4,700 square feet, include 3.5 to 4.5 bathrooms and are priced around $2,350,000. These homes offer spacious living areas and state-of-the-art kitchens. The primary suites are designed as serene sanctuaries, complete with spa-like bathrooms and ample closet space. Monthly HOA fees range from $100 to $7,800, covering heat, air conditioning, water, gas, insurance, security, doorman services, TV/cable, exercise facilities, exterior maintenance, lawn care, scavenger, and snow removal.

Comprehensive Amenities for Modern Living

The Montgomery offers a wide array of amenities designed to enhance the living experience of its residents. The building features a professionally landscaped patio with grill stations, a rooftop terrace, and a state-of-the-art fitness center. Residents can enjoy the convenience of a 24-hour doorman, a private dog park, and a rooftop garden with spectacular city views. Additional amenities include a sun deck, party room, fire pits, and a community roof deck. The building also boasts a private, gated, and professionally landscaped outdoor park/patio with grills and lounging furniture, creating an urban oasis for relaxation and social gatherings. For those who enjoy outdoor activities, the building offers a bike room and hospitality rooms. Business services at The Montgomery include in-unit package and dry cleaning delivery, an on-site manager, storage room, dry cleaners, maintenance services, and an in-house engineer. The building also provides 24-hour door staff, maintenance staff, and concierge services, ensuring that residents' needs are met promptly and efficiently. Heated garage parking is available, adding an extra layer of convenience for those with vehicles.

Vibrant River North Locale

River North is a dynamic neighborhood that showcases Chicago's cosmopolitan flair. Located on the edge of the Chicago Loop, this area is bustling with pedestrian traffic and offers a mix of low-rise and repurposed commercial buildings alongside sleek, modern high-rises. Residents can easily walk to a variety of destinations, including art galleries, the Chicago Riverwalk, and the House of Blues. Dining options in River North are plentiful, with establishments like Osteria Via Stato offering fine Italian dining and Stan’s Donuts & Coffee providing sweet treats. The neighborhood is also home to vibrant nightlife venues such as the House of Blues and Fame Nightclub. For grocery shopping, Whole Foods on Chicago Avenue is a convenient option. Parks and recreational areas are abundant, with the nearly 9-acre Seward Park offering outdoor fixtures, gyms, and unique sports amenities like a boxing ring. Ward Park Playground is a favorite among children, and the Riverwalk provides opportunities for boat cruises and urban kayaking adventures. River North is also well-served by educational institutions, including the Manierre Elementary School, the Ruben Salazar Bilingual Center, and Walter Payton College Preparatory High School. The neighborhood hosts events like Taste of River North, a multi-day block party in July featuring live music and food vendors.

Excellent Transit Connectivity

The Montgomery is well-connected to various transportation options, making it easy for residents to commute to downtown Chicago and other parts of the city. The Chicago & Larrabee bus stop, served by the Chicago transit line, is less than a five-minute walk away. The Chicago Avenue Station, serving the Brown and Purple Lines of The "L", is about a five-minute walk from the building. Additional nearby transit options include the Grand Avenue Station on the Blue Line, the Chicago Avenue Station on the Red Line, and the Clinton Station on the Green and Pink Lines. These stations are all within a 15 to 20-minute walk from The Montgomery, providing residents with multiple options for public transportation. For those who prefer to drive, major roads and highways such as U.S. Highway 41 and Interstate 90 are easily accessible. Chicago Midway International Airport is approximately 12 miles away, while Chicago O'Hare International Airport is about 17 miles from the building, offering convenient options for air travel. The building's location also boasts a high Walk Score, making it a walker's paradise with numerous amenities and services within easy reach. The area is very bikeable, with dedicated bike lanes and paths, and excellent transit options ensure that residents can navigate the city with ease.

Available Condos

Building Details

Recreation

  • Fitness Center
  • Park
  • Bike Trail

Outdoor Features

  • Sundeck
  • Building Patio
  • Common Area

Amenities

  • Water Views
  • Doorman
  • Restaurant
  • Steam Room
  • Public Transportation
  • Clubhouse
  • Party Room
  • Package Room
  • Bike Room
  • Community Storage Space
  • Resident Manager or Management On Site

Parking

  • 1 - 4 Garage Spaces Per Unit
  • 1 Car Attached Garage
  • Uncovered Parking
  • On-Site Parking
  • Assigned Parking
  • Valet Parking

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit Required
  • Dogs and Cats Allowed

Condo Association

  • $1,260 Monthly HOA Fees
  • Monthly HOA Fees Range from $832 - $5,193
  • Association fees include heat, air conditioning, water, gas, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
  • Julie Strickland Association, Phone Number (312) 644-6770
  • Montgomery Subdivision
  • Property managed by Draper and Kramer
  • On-Site Maintenance

Building Design

  • Elevator
  • Fire Sprinkler System
  • High-Rise Condominium
  • Lobby

Unit Features

  • Open Floorplan
  • Ceiling height of 10 feet or more
  • Laundry Room
  • Washer and Dryer Hookup
  • Balcony

Activity

Views

69

Unit Information

Beds
2 Beds
3 Beds
2 Beds
3 Beds
2 Beds
2 Beds
2 Beds
2 Beds
2 Beds
2 Beds
Baths
2 Baths
2.5 Baths
2 Baths
2.5 Baths
2 Baths
2 Baths
2 Baths
2 Baths
2 Baths
2 Baths
Sq Ft
1,200
2,354
1,170
1,655
--
1,095
1,200
1,095
--
1,141
Price
$445,000
$795,000
$445,000
$749,747
$400,000
$415,000
$499,000
$464,747
$449,500
$410,000
Price / Sq Ft
$371 / Sq Ft
$338 / Sq Ft
$380 / Sq Ft
$453 / Sq Ft
--
$379 / Sq Ft
$416 / Sq Ft
$424 / Sq Ft
--
$359 / Sq Ft
List Date
05/01/2025
05/27/2025
04/29/2025
05/26/2025
07/15/2025
04/29/2025
07/16/2025
06/04/2025
07/07/2025
07/16/2025

Unit Size and Value Ranges

Studio Units
Sq Ft Range
None Available
Est. Values
$27,137 - $1,600,316
1 Bedroom Units
Sq Ft Range
912 - 1,220
Est. Values
$389,829 - $678,465
2 Bedroom Units
Sq Ft Range
713 - 2,400
Est. Values
$326,939 - $1,290,764
3 Bedroom Units
Sq Ft Range
1,644 - 4,363
Est. Values
$619,285 - $4,982,666
4 Bedroom Units
Sq Ft Range
4,100
Est. Values
$2,180,627 - $2,439,493
All Units
Sq Ft Range
713 - 4,363
Est. Values
$27,137 - $4,982,666

Map

Area Factors

Very Bikeable

Bike Score®

84 / 100

Walker's Paradise

Walk Score®

97 / 100

Excellent Transit

Transit Score®

85 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

71 / 100

--

Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$4.4K - $284K
Range of Taxes in Building
$633 - $65,428
Range of Taxes per Sq Ft
$0.21 - $109.29

Property Tax History

Source: Public Records

Similar Condominium Buildings

Building Team

Architect
Minoru Yamasaki
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.