$300,000

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1500 Monroe Street #523 Chicago, IL, United States 60607

Don't miss an opportunity to purchase a potential huge investment in the West Loop! This 2-bedroom, 2-bathroom condo is located in the tier that is currently receiving structural repairs, which means it can't be occupied until all work is completed, with an expected completion date as early as the 2nd quarter of 2026. Along with the structural repairs, the unit will also be receiving new flooring and paint throughout. As an investment, similar units have been renting in the $3500-$4000 range, offering an almost guaranteed return on your money. For the patient owner/occupant, this is a unique situation in that you'll be avoiding the highly competitive Spring market next year and will be acquiring a very spacious home with a deeded garage parking space in one of Chicago's trendiest neighborhoods. The value is there, all you need is the patience!

Amenities

  • Bedrooms: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 0
  • Property Type: Residential
  • Year Built: 2001
  • Built in 2001
  • Home size: 0 ft2 / 0 m2
  • MLS: 12442545
  • Status: Active

Property brokered by

@properties Christie’s International Real Estate

(312) 506-0408

Get more listing details on brokerage site

Presented by Peter Diaz

  • (312) 254-0200 (Office Phone)

Contact Peter Diaz

Contact Agent

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