$505,000
SOLD JUN 30, 2026

1228 W Monroe St Unit 504 Chicago, IL 60607

Chicago Area
2 Beds
2 Baths
1,038 Sq Ft
2006 Built

Sale Details

Date Sold: June 30, 2026

$487 Per Sq Ft

5% Above List Price

58 Days on Market

Highlights

  • Lock-and-Leave Community
  • Stainless Steel Appliances
  • 1 Car Attached Garage
  • Wood Flooring
  • Balcony
  • Intercom

About This Home

As of June 2026

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.

Last Agent to Sell the Property

Tony Liu

YOUMU VENTURES LLC License #471021591 Listed on: 01/02/2026

Co-Listed By

Qinyi Yu

YOUMU VENTURES LLC License #475211837

Last Buyer's Agent

Pradeep Singh

Royal Family Real Estate License #475160836

Royal Family Real Estate
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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

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,651

Year Built

Built in 2006

Lot Details

0 Sq Ft Lot

HOA Fees

$389 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 5
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2006
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Humidifier
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • LivingArea: 1038
  • Other Equipment: Intercom
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Balcony
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Washer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK, Number Limit
  • Association Fee: 389
  • Association Amenities: Elevator in Residence, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Westward Management Group
  • Management Contact Name: Sarah Corrasco
  • Management Phone: 773-828-9971

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Skinner Elementary School
  • High School: Wells Community Academy Senior H
  • Middle/Junior School: Skinner Elementary School

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 8650.62
  • Tax Year: 2024

Multi Family

  • Units in Building: 34

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2026
Closed on
Jun 29, 2026
Sold by
Bought by
Seller's Agent
Tony Liu
YOUMU VENTURES LLC
Buyer's Agent
Pradeep Singh
Royal Family Real Estate
List Price
$480,000
Sold Price
$505,000
Premium/Discount to List
$25,000
5.21%
Views
203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-49.93%
Original Mortgage
$505,000
Outstanding Balance
$505,000
Interest Rate
6.25%
Mortgage Type
VA
Estimated Equity
-$30,478

Purchase Details

Closed on
Sep 3, 2025
Sold by
Bought by

Purchase Details

Listed on
Dec 8, 2022
Closed on
Mar 27, 2023
Sold by
Bought by
Seller's Agent
Susan Morrow
Baird & Warner
Buyer's Agent
Yijun Yang
Royal Service Realty Chicago Metro Properties
List Price
$419,000
Sold Price
$412,000
Premium/Discount to List
-$7,000
-1.67%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.36%
Original Mortgage
$309,000
Interest Rate
7.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2022
Sold by
Bought by

Purchase Details

Listed on
Mar 25, 2019
Closed on
May 20, 2019
Sold by
Bought by
Seller's Agent
Debra Dobbs
Compass
Buyer's Agent
Debra Dobbs
Compass
List Price
$430,000
Sold Price
$415,000
Premium/Discount to List
-$15,000
-3.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.88%
Original Mortgage
$332,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,000
Interest Rate
3.6%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 12, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Warranty Deed $505,000 First American Title
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
Source: Public Records

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
Open $505,000 VA
Previous Owner $309,000 New Conventional
Closed $278,000 New Conventional
Previous Owner $300,000 New Conventional
Closed $332,000 New Conventional
Previous Owner $391,000 Construction
Previous Owner $345,000 Purchase Money Mortgage
Source: Public Records

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
06/30/2026 06/30/26 Sold $505,000 +5.2% $487 / Sq Ft
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
Source: Midwest Real Estate Data (MRED)

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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12539421

Midwest Real Estate Data (MRED)

APN: 17-17-105-073-1030

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