Park 1500 1500 W Monroe St Unit 727 Chicago, IL 60607
West Loop NeighborhoodEstimated payment $4,378/month
Highlights
- Doorman
- Rooftop Deck
- Wood Flooring
- Skinner Elementary School Rated A-
- Open Floorplan
- 5-minute walk to Skinner Park
About This Home
Property is condemned and deemed uninhabitable for the foreseeable future. Extensive water damage from frozen pipe bursts that has caused significant interior damage. The building also has severe structural damage, including a compromised foundation and structure. Entry and access to the entire stack of condominium units is restricted by city of chicago department of buildings. A special assessment is currently active on the HOA dues, and another special assessment is potentially imminent. Property is being sold as-is, with no warranties, repairs, or occupancy permitted. Not suitable for rehab without interior reconstruction or demolition. GC and sub-contractors must be licensed, insured and approved by the association. Buyer to assume all responsibility for inspections, code compliance, and HOA obligations. May require Union contractors.
Listing Agent
Jacek Michalkiewicz
Redfin Corporation License #475143917 Listed on: 05/21/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $14,743
Year Built
- Built in 2001 | Remodeled in 2019
Lot Details
- Additional Parcels
HOA Fees
- $991 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Included in Price
Home Design
- Entry on the 7th floor
- Brick Exterior Construction
Interior Spaces
- 2,200 Sq Ft Home
- Open Floorplan
- Built-In Features
- Fireplace With Gas Starter
- Entrance Foyer
- Family Room with Fireplace
- Living Room
- Dining Room
- Loft
- Storage
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- Bathroom on Main Level
- Dual Sinks
- Shower Body Spray
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Rooftop Deck
Schools
- Skinner Elementary School
- Wells Community Academy Senior H High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 175 Units
- Tatiana Association, Phone Number (312) 666-5209
- Penthouse
- Property managed by FirstService Residential
- 8-Story Property
Amenities
- Doorman
- Elevator
- Package Room
Pet Policy
- Pet Size Limit
- Dogs and Cats Allowed
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 | $522 | $3,144 | $130 | $3,014 |
| 2023 | $509 | $2,465 | $71 | $2,394 |
| 2022 | $509 | $2,465 | $71 | $2,394 |
| 2021 | $497 | $2,465 | $71 | $2,394 |
| 2020 | $573 | $2,562 | $71 | $2,491 |
| 2019 | $565 | $2,804 | $71 | $2,733 |
| 2018 | $556 | $2,804 | $71 | $2,733 |
| 2017 | $422 | $1,954 | $62 | $1,892 |
| 2016 | $391 | $1,954 | $62 | $1,892 |
| 2015 | $358 | $1,954 | $62 | $1,892 |
| 2014 | $327 | $1,761 | $25 | $1,736 |
| 2013 | $320 | $1,762 | $26 | $1,736 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/21/2025 05/21/25 | Pending | -- | -- | -- |
| 05/21/2025 05/21/25 | For Sale | $399,000 | 0.0% | $181 / Sq Ft |
| 05/01/2019 05/01/19 | Rented | $4,900 | -2.0% | -- |
| 04/22/2019 04/22/19 | For Rent | $5,000 | 0.0% | -- |
| 07/20/2018 07/20/18 | Sold | $632,500 | -1.2% | $288 / Sq Ft |
| 06/15/2018 06/15/18 | Pending | -- | -- | -- |
| 06/01/2018 06/01/18 | For Sale | $640,000 | -- | $291 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Burnet Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $546,000 | New Conventional | |
| Previous Owner | $442,750 | Future Advance Clause Open End Mortgage |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12372173
APN: 17-17-101-045-1663
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