NOT LISTED FOR SALE

6 E Monroe St Unit 1401 Chicago, IL 60603

The Loop Neighborhood

Estimated Value: $207,000 - $228,000

1 Bed
1 Bath
700 Sq Ft
$635/ mo HOA Fee

Last Sold August 26, 2022

Last sale price $199,000 $284 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,109/month

19 Days on Market

Highlights

  • Fitness Center
  • 1-minute walk to Monroe Station (Red Line)
  • Sundeck
  • South Loop Elementary School Rated 9+
  • Wood Flooring
  • 5-minute walk to Pritzker Park

About This Home

As of August 2022

Spacious corner one bedroom/one bath located in the historic Mentor Building. Large living space features high ceilings with oversized windows allowing for tons of natural light. Intimate building: only 39 residences or offices. Completely remodeled and building conversion in 2001. This unit features include hardwood floors, open kitchen with granite island/breakfast bar, stainless steel appliances, in-unit washer/dryer, central air, balcony with a built in gas line, gas fireplace, large main bedroom with an oversized bathroom, plenty of storage throughout including an additional full size storage cage in building. Building features newly remodeled fitness center and common roof deck. Great walking location: located in the heart of the loop walk to State Street shopping, The Art Institute, Millennium Park, Theatre District, the Lakefront, Michigan Ave shopping, restaurants & cafes, and many options of public transportation. Several garage rental options in the area. This is thee most upgraded unit in the building! Nothing to do but move in. All units have a special assessment starting Sept 1. Brick/facade work. Please call management company for further info, contact info is listed on the MLS. The amount for this unit is $11,251.73. Monthly increase of $160.09 @ 5.2% interest should you choose to opt to pay monthly.

Last Agent to Sell the Property

Rose Alvarez

Compass License #475123384 Listed on: 07/14/2022

Compass

Last Buyer's Agent

Tierney O'Brien

Baird & Warner License #475190549

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,089

Year Renovated

  • 2001

Lot Details

  • 3,790

HOA Fees

  • $635 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 700 Sq Ft Home
  • Fireplace With Gas Starter
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Ogden Elementary
  • Wells Community Academy Senior H High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, air conditioning, water, insurance, exercise facilities, exterior maintenance, scavenger, snow removal
  • 39 Units
  • Mike Lo Bono Association, Phone Number (773) 313-0020
  • Property managed by ROSEN MANAGEMENT
  • 17-Story Property

Amenities

  • Sundeck
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,089

Year Renovated

2001

Lot Details

3,790 Sq Ft Lot

HOA Fees

$635 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 14
  • Rehab Year: 2001
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 17
  • Year Renovated: 2001

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 700
  • Room Type: No additional rooms
  • Stories Total: 17
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 635
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, Storage, Sundeck
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: ROSEN MANAGEMENT
  • Management Contact Name: MIKE LO BONO
  • Management Phone: 773-313-0020X14
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Insurance, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal

Schools

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

Lot Info

  • Additional Parcels: No
  • 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: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3089.27
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Aug 22, 2022
Sold by
Morgantini Spencer
Bought by
Parise Nadine
Seller's Agent
Rose Alvarez
Compass
Buyer's Agent
Tierney O'Brien
Baird & Warner
List Price
$199,000
Sold Price
$199,000
Views
9
Current Estimated Value
$219,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,052
Avg. Annual Appreciation
2.73%
Original Mortgage
$149,250
Outstanding Balance
$143,379
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$75,673

Purchase Details

Closed on
Sep 13, 2001
Sold by
Mentor Building Llc
Bought by
Morgantini Spencer
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Parise Nadine $199,000 Proper Title
Morgantini Spencer $146,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parise Nadine $149,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2022 08/26/22 Sold $199,000 0.0% $284 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $199,000 -- $284 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $4,007 $16,796 $1,288 $15,508
2024 $4,007 $16,796 $1,288 $15,508
2023 $3,158 $18,152 $1,205 $16,947
2022 $3,158 $18,152 $1,205 $16,947
2021 $3,102 $18,152 $1,205 $16,947
2020 $3,089 $16,467 $940 $15,527
2019 $3,035 $17,935 $940 $16,995
2018 $2,982 $17,935 $940 $16,995
2017 $3,142 $17,374 $778 $16,596
2016 $3,122 $17,374 $778 $16,596
2015 $2,839 $17,374 $778 $16,596
2014 $2,508 $15,333 $716 $14,617
2013 $2,447 $15,333 $716 $14,617
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11464061

Midwest Real Estate Data (MRED)

APN: 17-15-100-031-1031

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