$625,000
●
Condo -
Off Market
1049 W Monroe Street #4
Chicago, IL 60607
2 Beds
2 Baths
1,575 Ft²
$735,336
RealtyHop Estimate
17.65%
Since Jul 1, 2021
IL-Chicago
Primary Model
About This Property
Click on Virtual Tour for video walkthrough. Welcome home to your
almost 1,600SF Penthouse oasis in Chicago's flourishing West Loop
that lives like a single family home. Rarely available, this
elegant home is upgraded with superior craftsmanship and luxurious
finishes. Nestled at the top of an intimate 4 condominium building,
it is the most coveted 2 bed 2 bath residence with its sprawling
rooftop deck overlooking quiet, tree-lined Monroe St as the piece
de resistance. Enjoy being sun kissed while taking in the beautiful
skyline views as you entertain with style and an abundance of space
or simply enjoy some privacy and solitude. Wolf and GE Monogram
High End Stainless Steel Appliances, Granite countertops and
beautiful 42" Maple Cabinetry are featured in this chef's kitchen.
High end details include gorgeous Crown Molding, Wainscoting and 6"
baseboards. Walnut stained Hardwood Floors throughout. Gas
Fireplace and private and secure bricked front balcony attached to
Living Room. Lives like a Single Family Home! Primary Bedroom
Ensuite features a Steam Shower with beautiful stone mosaic detail,
oversized jetted tub, Grohe fixtures and Radiant Heated Floors!
Garage Parking spot included in price! Steps away from the
beautiful Mary Bartelme Park, SoHo, Nobu, Ace Hotels, Target,
Mariano's, Whole Foods, the Morgan (Pink/Green) 'L' stop or the UIC
Halsted (Blue) 'L' stop and West Loop's famous Restaurant Row on
Randolph! Within Skinner Elementary School boundaries. Nothing to
do here but move in!
Unit Size
1,575 Ft²
Days on Market
-
Land Size
-
Price per sqft
$397
Property Type
Condo
Property Taxes
$1,029
HOA Dues
$300
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (MRED MLS #11028472)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 4, 2024 | Sold | ||
| Sold | |||
| Aug 30, 2024 | In contract | - | |
| In contract | |||
| Aug 11, 2024 | Price Decreased |
$675,000
↓ $24K
(3.4%) | |
| Price Decreased | |||
| Jul 3, 2024 | Listed by Baird & Warner | $699,000 | |
| Listed by Baird & Warner | |||
| | |||
|
Welcome to this stunning 2 bed, 2 bath home located in the heart of West Loop. New roof, brand new HVAC, new pergola installed to code, newer deck and turf. This spacious 1,575 sq ft condo boasts beautiful hardwood floors throughout, creating a warm and inviting atmosphere. The kitchen is a chef's dream with a Wolf range and plenty of counter space for meal preparation. Enjoy the convenience of having 2 outdoor spaces - a private rooftop space perfect for entertaining and a balcony to relax and unwind after a long day. The gas fireplace in the living room provides a cozy ambiance during the colder months, making this home perfect for year-round enjoyment. The primary suite features a walk-in closet and ensuite bath with a separate spa-like tub, creating a luxurious retreat within your own home. With washer and dryer in-unit, you'll have all the conveniences you need right at your fingertips. Don't miss the opportunity to make this beautiful home yours.
| |||
| Jun 15, 2021 | Sold | ||
| Sold | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Total Number of Parking: 1
Garage Spaces: 1
Garage On-Site: Yes
Garage Type: Detached
Interior Details
Bedrooms: 2
Bathrooms: 2
Full Bathrooms: 2
Interior Features: Hardwood Floors, Heated Floors, First Floor Laundry, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s), Open Floorplan, Special Millwork, Granite Counters
Appliances: Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
Rooms: 5
Fireplace Features: Attached Fireplace Doors/Screen, Gas Log, Gas Starter
Fireplaces: 1
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick, Limestone
Age: 11-15 Years
Rebuilt(Y/N): No
Parcel Number: 17172110421004
Property Type: Residential
Year Built: 2006
No Disability Access
Special Conditions: None
Exterior Features: Balcony, Deck, Roof Deck, Storms/Screens
Lot Features: Common Grounds
Lot Size Dimensions: COMMON
Water Source: Lake Michigan, Public
Financial Details
Tax Year: 2019
Tax Annual Amount: $12,349
Tax Exemptions: Homeowner
Utilities Details
Cooling: Central Air
Heating: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
Township: North Chicago
Corporate Limits: Chicago
Directions: South Side of Monroe St between Aberdeen and Morgan.
County or Parish: Cook
Elementary School District: 299
Elementary School: Skinner Elementary School
Middle Or Junior School District: 299
High School District: 299
Other Details
Association Fee Includes: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Association Fee: $300
Association Fee Freq: Monthly
Holds Earnest Money: Yes
Some Photos Virtually Staged (Y/N): Yes
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/03/2024
|
2 Bed
|
2 Bath
|
1575 ft²
|
$699,000
2 Bed
2 Bath
1575 ft²
|
$665,000
-4.86%
10/04/2024
|
Sheila Doyle
Baird & Warner
| |
|
03/23/2021
|
2 Bed
|
2 Bath
|
1575 ft²
|
$625,000
2 Bed
2 Bath
1575 ft²
|
$625,000
06/15/2021
|
Cynthia Grunst-Bednarz
d'aprile properties
| |
|
09/16/2020
|
2 Bed
|
2 Bath
|
1575 ft²
|
$635,000
2 Bed
2 Bath
1575 ft²
|
-
-
|
-
| |
|
10/17/2007
|
3 Bed
|
3 Bath
|
-
|
$609,900
3 Bed
3 Bath
|
$647,000
+6.08%
10/18/2007
|
Ivona Kutermankiewicz
Berkshire Hathaway HomeServices Chicago
| |
|
03/05/2007
|
2 Bed
|
2 Bath
|
-
|
$469,900
2 Bed
2 Bath
|
$460,000
-2.11%
03/07/2007
|
Darlene Little, ABR
Berkshire Hathaway HomeServices KoenigRubloff
| |
|
03/05/2007
|
2 Bed
|
2 Bath
|
-
|
$499,900
2 Bed
2 Bath
|
$578,500
+15.72%
03/07/2007
|
Darlene Little, ABR
Berkshire Hathaway HomeServices KoenigRubloff
|
Building Info
About West Side
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Listed by: Loreal Urso, d'aprile properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11028472
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. Some IDX listings have been excluded from this website.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11028472
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