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$359,000
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Property Description
Phenomenal opportunity to own a spacious 3-bedroom, 2-bathroom residence in the historic Mentor Building, ideally situated at the vibrant corner of State and Monroe Streets in the heart of downtown Chicago! Just a five-minute walk to every CTA "L" line, this exceptional location offers unparalleled convenience with world-class dining, shopping, entertainment, and cultural attractions right outside your door. This beautifully maintained home features an open-concept floor plan with soaring ceilings, rich hardwood floors, fresh paint, and oversized windows that flood the space with natural light. The well-appointed kitchen boasts stainless steel appliances, new stone counters, abundant cabinetry, and a large center island with seating, making it perfect for both everyday living and entertaining. Step outside to the private balcony, ideal for summer grilling while enjoying partial views of Lake Michigan. The spacious primary suite offers a private ensuite bathroom, while the second bedroom features a custom Elfa closet system for exceptional storage and organization. A versatile third provides the perfect space for a home office, guest room, or flex space to suit your needs. Additional conveniences include in-unit laundry and a dedicated storage locker. Residents enjoy an array of desirable building amenities, including a fitness center, bike storage, individual storage lockers, and a shared rooftop deck with spectacular panoramic city views. Rental parking available nearby. Located just moments from Millennium Park, the Art Institute of Chicago, the Chicago Symphony Orchestra, the Theatre District, Palmer House, the lakefront, and countless restaurants and shops, this home offers the ultimate downtown lifestyle. Don't miss this rare opportunity to own a remarkable home in one of Chicago's most historic buildings!
Full Property Details
Full Property Details for 6 E Monroe St #1503
General
- Price: $359,000
- HOA FEE: $1,282/month
- Taxes: $6,417 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12727060
Interior
- Basement: None
- Interior Features: Storage
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: Soaking Tub
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Elevator in Residence, Exercise Room, Storage, On-Site Manager/Engineer, Sundeck, Security Door Lock(s), Service Elevator(s)
- Other Features: Commuter Bus, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Off Site, Leased, Detached, Garage
Location
- Area: CHI - Loop
- County: Cook
- Township: South Chicago
- Driving Directions: Corner of Monroe and State across from the Palmer House.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- Elementary School: South Loop Elementary School
- Middle School: South Loop Elementary School
- High School: Phillips Academy High School
- Private School: Phillips Academy High School
Community
- Assoc. Fees Include: Heat, Air Conditioning, Water, Gas, Insurance, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal, Internet
- Mgmt. Company: Rosen Management
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Condo, High-Rise (7 or More Stories)
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Foundation: Brick/Mortar
- Roof: Other
- Sub-Flooring: Hardwood
- Entry Floor Number: 15
- Stories/Levels: 17
- Square Feet: 1,500
- Sq. Ft. Source: Estimated
- Year Built: 1906
- Built Before 1978: Yes
Unit Information
- Units in Building: 39
Lot Features
- Lot Dimensions: COMMON
Water Features
- Water View: Yes
- Water Front View: Front of Property
Financial Considerations
- Lease Price: $300
- Association Fee: $1,282
- Assoc Fee Freq.: Monthly
- Assessment Year: 1906
- Tax Amount: $6,417.94
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Special Conditions: List Broker Must Accompany
- Property ID: 17151000311036
Listed by Compass
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Schools
Schools serving 6 E Monroe St #1503
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
South Loop Elementary School 1212 South Plymouth Court, Chicago, IL 60605 | PK-8 | 1 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 3.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 6 E Monroe St #1503
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,426
—
$33,494
-9%
2023
$7,426
3%
$36,952
—
2022
$7,187
2%
$36,952
—
2021
$7,037
2%
$36,952
13%
2020
$6,874
2%
$32,839
-8%
2019
$6,766
2%
$35,767
—
2018
$6,648
-5%
$35,767
3%
2017
$7,018
-3%
$34,647
—
2016
$7,272
9%
$34,647
—
2015
$6,669
11%
$34,647
13%
2014
$6,008
2%
$30,579
—
2013
$5,891
-12%
$30,579
-13%
2012
$6,678
—
$34,997
—
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
Estimate the Cost for 6 E Monroe St #1503
6 E Monroe Street #1503, Chicago, IL 60603 (MLS# 12727060) is a Condo property with 3 bedrooms and 2 full bathrooms. 6 E Monroe Street #1503 is currently listed for $359,000 and was received on August 07, 2026. Want to learn more about 6 E Monroe Street #1503? Do you have questions about finding other Condo real estate for sale in The Loop? You can browse all The Loop real estate or contact a Coldwell Banker agent to request more information.

