Under Contract

1228 W Monroe Street #504

Chicago, IL 60607

$480,000 $2,023/Mo

Get Pre-Approved Check your credit

Overview

Bed

Bath

1,038

Sqft

Description

A spacious and sun-filled top-floor 2-bedroom, 2-bath condo in the heart of Chicago's coveted West Loop. This is a rare investment opportunity with a strong existing tenant lease already in place at $3,500/month until May 31, 2026. Property Highlights * Top-floor unit with excellent natural light and quiet privacy * 2 spacious bedrooms & 2 full bathrooms * Modern open-concept kitchen & living area * In-unit washer & dryer * Pet-friendly building * Low-maintenance investment with stable income Location Perks - Heart of West Loop Live or invest in one of Chicago's most vibrant and desirable neighborhoods. This unit is: * Steps from renowned restaurants, trendy cafes, and boutique shopping on Randolph St. & Madison St. * Walking distance to Skinner West Elementary, Whitney Youn g Magnet High School, and top-tier private schools * Easy access to public transit, parks, and expressways * Minutes from Fulton Market, Google HQ, and downtown Chicago This property is ideal for investors looking for stable returns in a high-demand area, or future owner-occupants who want to secure a premium unit while collecting income. Don't miss this exceptional opportunity in one of Chicago's most dynamic and upscale communities.

Property Details

Property Type : Residential

Price : $480,000

AD Id : 72217378

MLS Id : MRD12539421

Beds : 2

Living Area Size : 1,038

Year Built : 2006

Garage : 1

County : Cook

Map

Features

Bedroom Information

Total Bedroom: 2 Room Types: Balcony/Porch/Lanai

Bathroom Information

Total Baths: 2 Full Baths: 2

Room Information

Rooms Total: 5

Interior Features

Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Humidifier Laundry Features: Washer Hookup, In Unit
Flooring Information

Flooring: Hardwood Construction Materials: Brick
Heating & Cooling

Heating: Natural Gas Cooling: Central Air WaterSource: Lake Michigan

Building Information

Year Built: 2006
Exterior Features

Balcony Construction Materials: Brick

Lot Information

Lot Dimensions: COMMON

Property Information

Property Type: Residential Sub Type: Attached Single Type Attached: Condo

Listing Price Information

Original List Price:$480000

Tax Information

Annual Tax: $8650.62 Tax Year: 2024 Parcel Number: 17171050731030

Parking Information

Total Parking: 1 Garage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage Is Parking Included in Price: Yes

Garage Information

Garage Space: 1

Homeowners Association Information

Included Fees: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal Included Amenities: Elevator(s), Security Door Lock(s) HOA: $389.00 Monthly

School Information

Elementary School: Skinner Elementary School Junior High School: Skinner Elementary School Senior High School: Wells Community Academy Senior H
Utility Information

Sewer: Public Sewer Water Source: Lake Michigan
Location Information

City: Chicago Direction: Monroe, west of Racine, to the address

Sell a home like this and save $28,301 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Loading, please wait...

Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
235 W Van Buren Street .., Chicago, IL, 60607	$350,000	2	2	1,066	1,066 SqFt
234 W Polk Street #2412, Chicago, IL, 60607	$650,000	2	2	1,165	1,165 SqFt
234 W Polk Street #3704, Chicago, IL, 60607	$1,075,000	2	2	1,535	1,535 SqFt
234 W Polk Street #2804, Chicago, IL, 60607	$630,000	2	2	1,111	1,111 SqFt
234 W Polk Street #2506, Chicago, IL, 60607	$425,000	1	1	740	740 SqFt
123 S Peoria Street #P2, Chicago, IL, 60607	$2,995,000	5	6	3,859	3,859 SqFt
913 W Van Buren Street .., Chicago, IL, 60607	$1,449,900	5	3	5,250	5,250 SqFt

Similar Condos To 1228 W Monroe Street #504

Nearby For Sale

Active

$750,000

Condo For Sale

401 N Wabash Avenue #1842,
Chicago, IL, 60611

Bed

Bath

Sqft

3008 W Flournoy Street #1,
Chicago, IL, 60612

Bed

Bath

Sqft

3008 W Flournoy Street #3,
Chicago, IL, 60612

Bed

Bath

1,200

Sqft

$4,350,000

Condo For Sale

363 E Wacker Drive #5801,
Chicago, IL, 60601

Bed

Bath

Sqft

401 N Wabash Avenue #86A,
Chicago, IL, 60611

Bed

Bath

4,029

Sqft

Disclaimer: The information being provided courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Midwest Real Estate Data LLC (MRED). ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of Midwest Real Estate Data LLC (MRED). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

Based on information submitted to the MLS GRID as of 06/11/2026 @ 18:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Properties displayed may be listed or sold by various participants in the MLS.
Click here for Consumer use of IDX Listings Disclaimer

Consumer use of IDX Listings Disclaimer: Based on information submitted to the MLS GRID as of 06/11/2026 @ 18:20. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Click here for DMCA Notice

DMCA Notice: The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
“The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

ByOwner last updated this listing 06/11/2026 @ 18:20

MLS: MRED #12539421 LISTED BY: Xiansong Liu, YOUMU VENTURES LLC 312-285-2082 SOURCE: Midwest Real Estate Data LLC (MRED) (Listings courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID)