1228 W Monroe St Unit 504 Chicago, IL 60607
West Loop NeighborhoodEstimated payment $3,710/month
Highlights
- Lock-and-Leave Community
- Wood Flooring
- Stainless Steel Appliances
- Skinner Elementary School Rated A
- Elevator
- 2-minute walk to Skinner Park
About This Home
A spacious and sun-filled top-floor 2-bedroom, 2-bath condo in the heart of Chicago's coveted West Loop. This is a rare investment opportunity with a strong existing tenant lease already in place at $3,500/month until May 31, 2026. Property Highlights * Top-floor unit with excellent natural light and quiet privacy * 2 spacious bedrooms & 2 full bathrooms * Modern open-concept kitchen & living area * In-unit washer & dryer * Pet-friendly building * Low-maintenance investment with stable income Location Perks - Heart of West Loop Live or invest in one of Chicago's most vibrant and desirable neighborhoods. This unit is: * Steps from renowned restaurants, trendy cafes, and boutique shopping on Randolph St. & Madison St. * Walking distance to Skinner West Elementary, Whitney Young Magnet High School, and top-tier private schools * Easy access to public transit, parks, and expressways * Minutes from Fulton Market, Google HQ, and downtown Chicago This property is ideal for investors looking for stable returns in a high-demand area, or future owner-occupants who want to secure a premium unit while collecting income. Don't miss this exceptional opportunity in one of Chicago's most dynamic and upscale communities.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,651
Year Built
- Built in 2006
HOA Fees
- $389 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Parking Available
- Garage Door Opener
- Parking Included in Price
Home Design
- Entry on the 5th floor
- Brick Exterior Construction
Interior Spaces
- 1,038 Sq Ft Home
- Family Room
- Combination Dining and Living Room
- Intercom
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
- Dual Sinks
Laundry
- Laundry Room
- Dryer
- Washer
Schools
- Skinner Elementary School
- Wells Community Academy Senior H High School
Utilities
- Central Air
- Humidifier
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Balcony
- Additional Parcels
Community Details
Overview
- Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 34 Units
- Sarah Corrasco Association, Phone Number (773) 828-9971
- Property managed by Westward Management Group
- Lock-and-Leave Community
- 5-Story Property
Amenities
- Elevator
Pet Policy
- Limit on the number of pets
- Pet Deposit Required
- Dogs and Cats Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,702 | $39,490 | $2,408 | $37,082 |
| 2024 | $7,702 | $39,490 | $2,408 | $37,082 |
| 2023 | $6,802 | $36,378 | $1,321 | $35,057 |
| 2022 | $6,802 | $36,378 | $1,321 | $35,057 |
| 2021 | $6,667 | $36,377 | $1,320 | $35,057 |
| 2020 | $6,562 | $32,463 | $1,320 | $31,143 |
| 2019 | $7,162 | $35,530 | $1,320 | $34,210 |
| 2018 | $7,041 | $35,530 | $1,320 | $34,210 |
| 2017 | $5,818 | $26,934 | $1,165 | $25,769 |
| 2016 | $5,395 | $26,934 | $1,165 | $25,769 |
| 2015 | $4,936 | $26,934 | $1,165 | $25,769 |
| 2014 | $3,494 | $18,830 | $990 | $17,840 |
| 2013 | $3,727 | $20,492 | $990 | $19,502 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/01/2026 03/01/26 | Pending | -- | -- | -- | |
| 01/02/2026 01/02/26 | For Sale | $480,000 | 0.0% | $462 / Sq Ft | |
| 06/02/2024 06/02/24 | Rented | $3,500 | 0.0% | -- | |
| 04/28/2024 04/28/24 | Under Contract | -- | -- | -- | |
| 04/26/2024 04/26/24 | Off Market | $3,500 | -- | -- | |
| 04/22/2024 04/22/24 | For Rent | $3,500 | +6.1% | -- | |
| 05/27/2023 05/27/23 | Rented | $3,300 | 0.0% | -- | |
| 05/14/2023 05/14/23 | Under Contract | -- | -- | -- | |
| 05/04/2023 05/04/23 | Off Market | $3,300 | -- | -- | |
| 04/16/2023 04/16/23 | For Rent | $3,300 | 0.0% | -- | |
| 04/14/2023 04/14/23 | Sold | $412,000 | -1.7% | $397 / Sq Ft | View Prior Sale |
| 03/14/2023 03/14/23 | Pending | -- | -- | -- | |
| 03/14/2023 03/14/23 | For Sale | $419,000 | 0.0% | $404 / Sq Ft | |
| 03/09/2023 03/09/23 | Pending | -- | -- | -- | |
| 03/09/2023 03/09/23 | For Sale | $419,000 | +1.7% | $404 / Sq Ft | |
| 03/05/2023 03/05/23 | Off Market | $412,000 | -- | -- | |
| 12/08/2022 12/08/22 | For Sale | $419,000 | +1.0% | $404 / Sq Ft | |
| 05/30/2019 05/30/19 | Sold | $415,000 | -3.5% | $400 / Sq Ft | View Prior Sale |
| 04/11/2019 04/11/19 | Pending | -- | -- | -- | |
| 03/25/2019 03/25/19 | For Sale | $430,000 | -- | $414 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Special Warranty Deed | $412,000 | Fidelity National Title | |
| Warranty Deed | $412,000 | Fidelity National Title | |
| Warranty Deed | $415,000 | Chicago Title | |
| Warranty Deed | $460,000 | Attorneys Title Guaranty Fun | |
| Special Warranty Deed | $364,000 | Ctic |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $309,000 | New Conventional | |
| Previous Owner | $332,000 | New Conventional | |
| Previous Owner | $391,000 | Construction | |
| Previous Owner | $345,000 | Purchase Money Mortgage |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12539421
APN: 17-17-105-073-1030
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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