$785,000
PENDING

The Montgomery 500 W Superior St Unit 1508 Floor 15 Chicago, IL 60654

River North Neighborhood

Estimated payment $6,524/month

Total Views 1,289
3 Beds
2.5 Baths
1,480 Sq Ft
$530 Price per Sq Ft

Highlights

  • Doorman
  • Wood Flooring
  • Sundeck
  • Fitness Center
  • Party Room
  • 3-minute walk to Ward A Montgomery Park Chicago

About This Home

This exquisite 3-bedroom, 2.1-bath residence at The Montgomery offers refined modern luxury with expansive north-facing city views and glimpses of Lake Michigan beyond. Exceptionally high ceilings, floor-to-ceiling windows, and solid concrete construction create a remarkably quiet, light-filled living environment. Since 2017, the seller has made significant improvements throughout the home. The fully renovated kitchen features all-new custom cabinetry, appliances, and fixtures, the removal of a hallway wall to enhance flow, and a dramatic waterfall countertop. Built-in dining cabinetry with integrated lighting adds both function and architectural interest. Additional updates include refinished and re-stained hardwood floors, wood flooring added to all three bedrooms, glass transom to 3rd bedroom, new designer lighting throughout and extensive custom storage. The spacious primary suite is a true retreat with amazing North views, offering generous custom closets by Closet Works and a spa-like renovated bath with a fully tiled walk-in shower. The second bedroom, with floor-to-ceiling windows, is well-sized and privately situated. The fully enclosed third bedroom-currently styled as a den- maintains natural light while providing privacy, along with a very large closet and excellent storage. The second full bath has been fully updated including flooring, along with the updated powder room and in-unit laundry to complete the unit. The Montgomery is one of River North's most distinguished full-service luxury buildings, known for its architectural pedigree, high service level, and exceptional management with long-term door and maintenance staff. Amenities include 24-hour door staff, on-site management and maintenance, fitness center, party room, bike room, additional storage, and beautifully maintained common areas, including a landscaped "north lawn" with seating areas, grills, and fire pits. The building is pet-friendly, including large dogs, and features a private, secure dog run-one of the largest in the city. Ideally located to the Loop, Chicago Riverwalk, Michigan Avenue, Montgomery Park, and neighborhood favorites including East Bank Club, BIAN private club, Target, Mariano's, Whole Foods, AMC and premier dining-this is modernist luxury living at its finest. Attached garage parking available for $35,000.

Listing Agent

Deborah Ballis

Compass License #475136564 Listed on: 02/03/2026

Compass

Co-Listing Agent

Nicole Niermeyer

Compass License #475164641

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,919

Year Built

  • Built in 1972 | Remodeled in 2005

Lot Details

  • Additional Parcels

HOA Fees

  • $1,570 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Deeded Parking

Home Design

  • Entry on the 15th floor
  • Stone Siding

Interior Spaces

  • 1,480 Sq Ft Home
  • Built-In Features
  • Family Room
  • Living Room
  • Formal Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, parking, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 250 Units
  • Peter Mcgregory Association, Phone Number (872) 777-1124
  • High-Rise Condominium
  • Property managed by First Service Res
  • 28-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Party Room
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

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

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,919

Year Built

Built in 1972 | Remodeled in 2005

Lot Details

0 Sq Ft Lot

HOA Fees

$1,570 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • EntryLevel: 15
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Year Built: 1972
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2005
  • New Construction Y/N: No
  • Actual Status: Contingent
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: UnderContract
  • Property Sub Type: Condos
  • Stories: 28
  • Year Renovated: 2005

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Interior Amenities: Storage, Built-in Features, Walk-In Closet(s)
  • LivingArea: 1480
  • Room Type: Walk In Closet
  • Stories Total: 28
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Glass, Stone
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Yes, Deeded, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • 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: 1570
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Receiving Room, Service Elevator(s), Valet/Cleaner
  • Association Fee Frequency: Monthly
  • Management: Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Res
  • Management Contact Name: Peter McGregory
  • Management Phone: 872-777-1124

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Parking, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 10919.04
  • Tax Year: 2024
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 250

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $11,411 $53,209 $6,890 $46,319
2024 $11,411 $53,209 $6,890 $46,319
2023 $11,102 $57,400 $5,556 $51,844
2022 $11,102 $57,400 $5,556 $51,844
2021 $10,873 $57,399 $5,556 $51,843
2020 $11,423 $54,381 $4,286 $50,095
2019 $11,173 $59,043 $4,286 $54,757
2018 $10,984 $59,043 $4,286 $54,757
2017 $10,683 $53,001 $3,514 $49,487
2016 $10,115 $53,001 $3,514 $49,487
2015 $9,232 $53,001 $3,514 $49,487
2014 $7,755 $44,367 $2,857 $41,510
2013 $7,591 $44,367 $2,857 $41,510
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2026 02/22/26 Pending -- -- --
02/03/2026 02/03/26 For Sale $785,000 -- $530 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $692,500 Attorney
Warranty Deed $590,000 First American Title
Special Warranty Deed $500,000 Cti
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $425,000 Adjustable Rate Mortgage/ARM
Previous Owner $472,000 Purchase Money Mortgage
Previous Owner $449,900 Fannie Mae Freddie Mac
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12547565

Midwest Real Estate Data (MRED)

APN: 17-09-114-021-1125

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