$246,000
SOLD JUL 25, 2024

6 E Monroe St Unit 1503 Chicago, IL 60603

The Loop Neighborhood
2 Beds
2 Baths
-- Sq Ft
$1,245/mo HOA Fee

Recently Sold

4% Below List Price

26 Days on Market

Highlights

  • Fitness Center
  • 1-minute walk to Monroe Station (Red Line)
  • Den
  • Lock-and-Leave Community
  • Wood Flooring
  • 5-minute walk to Pritzker Park

About This Home

As of July 2024

This spacious 2-bedroom+Den, 2-bathroom condo is located in the historic Mentor Building at the lively intersection of State and Monroe Streets, just a 5-minute walk from all el lines.This unit boasts an open floor plan, fresh paint, beautiful hardwood floors throughout, high ceilings, and abundant natural light. The kitchen features a large island with seating, ample storage, and stainless steel appliances. A balcony off the kitchen is perfect for summertime grilling and includes partial lake views! The primary bedroom includes an ensuite bath, and the second bedroom has an extensive elfa closet buildout for increased storage. The den is ideal for a home office or additional storage. In-unit washer and dryer, plus extra storage. The building offers a shared rooftop deck with incredible city views, individual storage lockers, bike storage, and a gym. Prime location, just a short walk to the symphony, Millennium Park, dining, shopping, entertainment, the Theatre District, and more! Easy access to public transit, the Art Institute, Palmer House, and the lakefront. This is a rare opportunity-don't miss out! Take a 3D Tour, CLICK on the 3D BUTTON & Walk Around. Watch a Custom Drone Video Tour, Click on Video Button!

Last Agent to Sell the Property

Matt Laricy

Americorp, Ltd License #471003711 Listed on: 06/07/2024

Last Buyer's Agent

Alexandre Stoykov

Compass License #471003645

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,187

Year Built

  • Built in 1906

HOA Fees

  • $1,245 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Leased Parking

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • Combination Dining and Living Room
  • Den
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • South Loop Elementary School
  • Phillips Academy High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, insurance, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal
  • 39 Units
  • Mike Lebono Association
  • High-Rise Condominium
  • Property managed by Rosen Management
  • Lock-and-Leave Community
  • 17-Story Property

Amenities

  • Sundeck
  • Elevator
  • Service Elevator
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,187

Year Built

Built in 1906

Lot Details

0

HOA Fees

$1,245 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Year Built: 1906
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 15
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 17

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Room Type: Balcony/Porch/Lanai, Den
  • Stories Total: 17
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • Foundation Details: Brick/Mortar
  • List Price: 257500
  • Roof: Other
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: No
  • Garage Ownership: Fee/Leased
  • Garage Type: Detached
  • Parking: Garage
  • Highest Parking Fee: 360
  • Lowest Parking Fee: 140

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Heat Pump
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 1245
  • Association Amenities: Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Sundeck, Security Door Lock(s), Service Elevator(s)
  • 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 Lebono
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: South Loop Elementary School
  • High School: Phillips Academy High School
  • Middle/Junior School: South Loop Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: Y

Rental Info

  • Lease Amount: 290
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 7187.09
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Jul 23, 2024
Sold by
Hoffman Sophia and Hoffman Robert
Bought by
Nam Debbie and Bychowski Mark Vincent
Seller's Agent
Matt Laricy
Americorp, Ltd
Buyer's Agent
Alexandre Stoykov
Compass
List Price
$257,500
Sold Price
$246,000
Premium/Discount to List
-$11,500
-4.47%
Views
151
Current Estimated Value
$293,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,593
Avg. Annual Appreciation
24.69%
Original Mortgage
$196,800
Outstanding Balance
$195,636
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$104,410

Purchase Details

Closed on
Apr 21, 2014
Sold by
Chicago Title Land Trust Company
Bought by
Hoffman Robert and Hoffman Sophia

Purchase Details

Closed on
Feb 28, 2002
Sold by
Getzendraner Susan and Rothenberg Sheribel F
Bought by
Chicago Title Land Trust Company and Trust #1110168
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $246,000 Chicago Title
Deed $255,000 Git
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $196,800 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2024 07/25/24 Sold $246,000 -4.5% --
07/04/2024 07/04/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $257,500 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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
2024 $7,426 $33,494 $2,567 $30,927
2023 $7,187 $36,954 $2,404 $34,550
2022 $7,187 $36,954 $2,404 $34,550
2021 $7,037 $36,952 $2,403 $34,549
2020 $6,874 $32,839 $1,875 $30,964
2019 $6,766 $35,767 $1,875 $33,892
2018 $6,648 $35,767 $1,875 $33,892
2017 $7,018 $34,647 $1,552 $33,095
2016 $7,272 $34,647 $1,552 $33,095
2015 $6,669 $34,647 $1,552 $33,095
2014 $6,008 $30,579 $1,429 $29,150
2013 $5,891 $30,579 $1,429 $29,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12078234

Midwest Real Estate Data (MRED)

APN: 17-15-100-031-1036