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$480,000

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,038 Sq. Ft.
  • 1 Car Garage
  • Updated 3 days ago
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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 Young 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.

Full Property Details for 1228 W Monroe St #504

General

  • Price: $480,000
  • HOA FEE: $389/month
  • Taxes: $8,650 (2024)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12539421
  • Updated: 1/13/2026
  • Added to Site: 15 day(s) ago

Interior

  • Basement: None
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Humidifier
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bathroom Features: Double Sink

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Shared Amenities: Elevator(s), Security Door Lock(s)
  • Equipment: Intercom

Exterior

  • Exterior Features: Balcony

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Features: Garage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage

Location

  • Area: CHI - Near West Side
  • County: Cook
  • Township: West Chicago
  • Driving Directions: Monroe, west of Racine, to the address

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299
  • Elementary School: Skinner Elementary School
  • Middle School: Skinner Elementary School
  • High School: Wells Community Academy Senior H
  • Private School: Wells Community Academy Senior H

Community

  • Assoc. Fees Include: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Pets Allowed: Yes
  • Pets: Cats OK, Deposit Required, Dogs OK, Number Limit
  • Pet Restrictions: Cats OK, Deposit Required, Dogs OK, Number Limit, / 999lbs.
  • Mgmt. Company: Westward Management Group

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Structure Type: Condo
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Sub-Flooring: Hardwood
  • Entry Floor Number: 5
  • Stories/Levels: 5
  • Square Feet: 1,038
  • Sq. Ft. Source: Other
  • Year Built: 2006

Unit Information

  • Units in Building: 34

Lot Features

  • Lot Dimensions: COMMON

Animals

  • Animals Allowed: Cats OK, Deposit Required, Dogs OK, Number Limit

Financial Considerations

  • Association Fee: $389
  • Assoc Fee Freq.: Monthly
  • Parking Included: Yes
  • Assessment Year: 2006
  • Tax Amount: $8,650.62
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Condo
  • Special Conditions: List Broker Must Accompany
  • Property ID: 17171050731030

Listed by Youmu Ventures Llc

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— 1228 W Monroe St #504 —

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  • Youmu Ventures Llc

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Be ready to buy your new home!

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Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1228 W Monroe St #504

School District:Chicago Public School District 299
NameGradesDistance
Skinner Elementary School
111 South Throop Street, Chicago, IL 60607
PK-50.1 mi
Brown W Elementary School
54 North Hermitage Avenue, Chicago, IL 60612
K-50.7 mi
Wells Community Academy High School
936 North Ashland Avenue, Chicago, IL 60622
9-111.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1228 W Monroe St #504 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/02/2026
Listed
$480,000
16.5%
MLS
3/27/2023
Sold
$412,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1228 W Monroe St #504

Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,702
13%
$36,377
—
2022
$6,802
2%
$36,377
—
2021
$6,667
2%
$36,377
12%
2020
$6,562
-8%
$32,463
-9%
2019
$7,162
2%
$35,530
—
2018
$7,041
21%
$35,530
32%
2017
$5,818
8%
$26,934
—
2016
$5,395
9%
$26,934
—
2015
$4,936
41%
$26,934
43%
2014
$3,494
-6%
$18,830
-8%
2013
$3,727
1%
$20,492
—
2012
$3,677
—
$20,492
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1228 W Monroe St #504

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1228 W Monroe Street #504, Chicago, IL 60607 (MLS# 12539421) is a Condo property with 2 bedrooms and 2 full bathrooms. 1228 W Monroe Street #504 is currently listed for $480,000 and was received on January 02, 2026. Want to learn more about 1228 W Monroe Street #504? Do you have questions about finding other Condo real estate for sale in Near West Side? You can browse all Near West Side real estate or contact a Coldwell Banker agent to request more information.

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