Park 1500 1500 W Monroe St Unit 409 Floor 4 Chicago, IL 60607
West Loop NeighborhoodEstimated payment $2,316/month
Highlights
- Doorman
- Open Floorplan
- Granite Countertops
- Skinner Elementary School Rated A
- Wood Flooring
- 5-minute walk to Skinner Park
About This Home
Unit 409 in the Park 1500 Lofts offers modern living in the heart of the West Loop, just minutes from parks, restaurants, and public transit. This spacious residence features soaring cathedral ceilings, dramatic floor-to-ceiling windows, and rich, neutral, exposed brick that brings warmth and character throughout. The open-concept kitchen is outfitted with 42" wood cabinetry, stainless steel appliances, granite countertops, and a breakfast bar with seating-perfect for entertaining. Step outside on to your private balcony, ideal for morning coffee or to unwind from the days events. This professionally managed, elevator building offers secured entry, situated near some of the city's best conveniences. Close to Skinner Park and Union Park, with access to green space, athletic facilities, and community events. Rush University Medical Center, UIC, and Stroger Hospital are all nearby. Explore the countless dining, shopping and cultural offerings in the West Loop and nearby Fulton Market, with easy access to public transportation and expressways. This is an Investor-friendly building and the unit is currently leased through June 2026, offering immediate rental income in a highly desirable location. AC unit and garbage disposal were just replaced-2025.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,007
Year Built
- Built in 2003
HOA Fees
- $421 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Included in Price
Home Design
- Entry on the 4th floor
- Brick Exterior Construction
Interior Spaces
- Open Floorplan
- Beamed Ceilings
- Family Room
- Living Room
- Dining Room
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Additional Parcels
Community Details
Overview
- Association fees include water, insurance, doorman, exterior maintenance, scavenger
- 326 Units
- Manager Association, Phone Number (877) 999-6491
- Property managed by FirstService Residential Services
- 7-Story Property
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
Additional Features
- Doorman
- Resident Manager or Management On Site
Map
About Park 1500
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $3,485 | $20,408 | $845 | $19,563 |
| 2023 | $3,375 | $19,776 | $463 | $19,313 |
| 2022 | $3,375 | $19,776 | $463 | $19,313 |
| 2021 | $3,318 | $19,775 | $463 | $19,312 |
| 2020 | $3,025 | $16,638 | $463 | $16,175 |
| 2019 | $2,979 | $18,209 | $463 | $17,746 |
| 2018 | $2,928 | $18,209 | $463 | $17,746 |
| 2017 | $2,012 | $12,690 | $408 | $12,282 |
| 2016 | $2,042 | $12,690 | $408 | $12,282 |
| 2015 | $1,845 | $12,690 | $408 | $12,282 |
| 2014 | $1,646 | $11,441 | $167 | $11,274 |
| 2013 | $1,603 | $11,441 | $170 | $11,271 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/11/2025 10/11/25 | Price Changed | $297,000 | +6.1% | -- |
| 10/01/2025 10/01/25 | For Sale | $280,000 | 0.0% | -- |
| 08/01/2017 08/01/17 | Rented | $1,900 | 0.0% | -- |
| 06/29/2017 06/29/17 | Off Market | $1,900 | -- | -- |
| 06/20/2017 06/20/17 | For Rent | $1,900 | +2.7% | -- |
| 07/28/2016 07/28/16 | Rented | $1,850 | 0.0% | -- |
| 07/08/2016 07/08/16 | Under Contract | -- | -- | -- |
| 07/06/2016 07/06/16 | Price Changed | $1,850 | -2.6% | $2 / Sq Ft |
| 06/29/2016 06/29/16 | For Rent | $1,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $230,000 | Chicago Title Insurance Comp | |
| Special Warranty Deed | $163,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $184,000 | Unknown | |
| Previous Owner | $130,100 | No Value Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12484922
APN: 17-17-101-045-1107
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