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  5. 1240 W Monroe Street
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1240 W Monroe Street

1240 W Monroe Street, Chicago, IL, 60607

YEAR BUILT

2006

# STORIES

3

# TOTAL UNITS

6

UNIT SIZE RANGE

1,980-2,080 sqft

Description

1240 W Monroe Street stands in Chicago, near the intersection of W Madison St and S Ashland Ave. The building offers a view typical of urban areas, with easy access to city life and amenities. The Chicago River flows nearby, providing a scenic backdrop. This low-rise structure has a total of 3 stories. The building consists of 6 units. Each unit spans between 1,980 to 2,080 square feet, providing ample space. Each unit includes 2 bedrooms, which suits various lifestyles. Construction completed in 2006, giving it a modern appeal in design and layout. Recent pricing shows units range from $594,000 to $615,000. The average price closed at $615,000. The price per square foot stands at $373. On average, units spend about 39 days on the market, reflecting interest in this area. Nearby grocery stores like Cicero Quick Mart and 7-Eleven handle daily shopping needs. Local educational facilities, such as Intercultural Montessori, provide options for families. These amenities add convenience and support for those living in the building. With 2 bedrooms in each unit, this setup meets diverse living arrangements. The building design combines low-rise architecture with a sense of community. The overall structure contributes to the neighborhood's character while offering easy access to urban life and nearby attractions.

Building ImageMLS ID #12397224
Building ImageMLS ID #12397224
Building Image
Building ImageView Listing

1240 W Monroe Street

1240 W Monroe Street, Chicago, IL, 60607

YEAR BUILT

2006

# STORIES

3

# TOTAL UNITS

6

UNIT SIZE RANGE

1,980-2,080 sqft

Description

1240 W Monroe Street stands in Chicago, near the intersection of W Madison St and S Ashland Ave. The building offers a view typical of urban areas, with easy access to city life and amenities. The Chicago River flows nearby, providing a scenic backdrop. This low-rise structure has a total of 3 stories. The building consists of 6 units. Each unit spans between 1,980 to 2,080 square feet, providing ample space. Each unit includes 2 bedrooms, which suits various lifestyles. Construction completed in 2006, giving it a modern appeal in design and layout. Recent pricing shows units range from $594,000 to $615,000. The average price closed at $615,000. The price per square foot stands at $373. On average, units spend about 39 days on the market, reflecting interest in this area. Nearby grocery stores like Cicero Quick Mart and 7-Eleven handle daily shopping needs. Local educational facilities, such as Intercultural Montessori, provide options for families. These amenities add convenience and support for those living in the building. With 2 bedrooms in each unit, this setup meets diverse living arrangements. The building design combines low-rise architecture with a sense of community. The overall structure contributes to the neighborhood's character while offering easy access to urban life and nearby attractions.

Next

Description

1240 W Monroe Street stands in Chicago, near the intersection of W Madison St and S Ashland Ave. The building offers a view typical of urban areas, with easy access to city life and amenities. The Chicago River flows nearby, providing a scenic backdrop. This low-rise structure has a total of 3 stories. The building consists of 6 units. Each unit spans between 1,980 to 2,080 square feet, providing ample space. Each unit includes 2 bedrooms, which suits various lifestyles. Construction completed in 2006, giving it a modern appeal in design and layout. Recent pricing shows units range from $594,000 to $615,000. The average price closed at $615,000. The price per square foot stands at $373. On average, units spend about 39 days on the market, reflecting interest in this area. Nearby grocery stores like Cicero Quick Mart and 7-Eleven handle daily shopping needs. Local educational facilities, such as Intercultural Montessori, provide options for families. These amenities add convenience and support for those living in the building. With 2 bedrooms in each unit, this setup meets diverse living arrangements. The building design combines low-rise architecture with a sense of community. The overall structure contributes to the neighborhood's character while offering easy access to urban life and nearby attractions.

1240 W Monroe Street Market Stats Last 12 months

Avg. Listed Price$620,000($376/Sqft.)
Avg. Sale Price$615,000($373/Sqft.)
Year over year list price0.00%
Year over year sale price 0.00%
Total Listings1 Listed
Total sold1 Sold
Average Days on Market39 days
Average HOA fees per sqft$10 /monthly
Next

Market Stats

Year over year list price0.00%
Year over year sale price0.00%
Total Listings1 Listed
Total sold1 Sold
Average Days on Market39 days
Average HOA fees per sqft$10 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

1240 W Monroe Street Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 77165122392025-08-22
MLS#: 12397224 		Closed$615,000
Unit 55-22362023-05-12
MLS#: 11753676 		Closed$615,000
Unit 99193522522022-07-08
MLS#: 11407102 		Closed$594,000
Unit 5
5

2 Beds

2 Baths

0 sqft

DateStatusPrice
2023-05-12Closed$615,000
MLS#: 11753676
Days On Market36
Unit 7
7

2 Beds

2 Baths

1651 sqft

DateStatusPrice
2025-08-22Closed$615,000
MLS#: 12397224
Days On Market39
Unit 9
9

2 Beds

2 Baths

1935 sqft

DateStatusPrice
2022-07-08Closed$594,000
MLS#: 11407102
Days On Market52
View Complete Unit Listing HistorySource By: MRED

Amenities

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
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Amenities

Balcony

Balcony

Policies

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
1240 W Monroe Street$373/sqft.$10 /sqft.
1240 W Monroe St$373/sqft.$10 /sqft.
1244 W Monroe Ave$384/sqft.$8 /sqft.
1244 W Monroe Street$384/sqft.$8 /sqft.
1228 W Monroe St$386/sqft.$4 /sqft.
1229 W Madison St$429/sqft.$8 /sqft.

Nearby Schools

1240 W Monroe Street is located in West Loop, Chicago, with 50+ schools available within a 2-mile radius. Families benefit from convenient access to nearby educational institutions supporting daily routines. Short travel distances help reduce commute time for students. This education-friendly location enhances overall community appeal.

Intercultural Montessori Language School

--
Private|Grades PK–8
114 S Racine Ave|0.1 miles away

Montessori Academy of Chicago

--
Private|Grades PK–8
1335 W Randolph St|0.23 miles away

Young Magnet High School

A+
Public|Grades 7–12
211 S Laflin St|0.31 miles away

Jackson a Elementary Language Academy

A+
Public|Grades KG–8
1340 W Harrison St|0.42 miles away

Rudolph Elementary Learning Center

--
Public|Grades PK–7
1628 W Washington ...|0.53 miles away

Hope Learning Academy

C-
Public|Grades KG–5
1628 W Washington ...|0.53 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
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Description

1240 W Monroe Street is located in West Loop, Chicago, with 50+ schools available within a 2-mile radius. Families benefit from convenient access to nearby educational institutions supporting daily routines. Short travel distances help reduce commute time for students. This education-friendly location enhances overall community appeal.

Intercultural Montessori Language School

--
Private|Grades PK–8
114 S Racine Ave|Less than 1 Mile Away

Montessori Academy of Chicago

--
Private|Grades PK–8
1335 W Randolph St|Less than 1 Mile Away

Young Magnet High School

A+
Public|Grades 7–12
211 S Laflin St|Less than 1 Mile Away

Jackson a Elementary Language Academy

A+
Public|Grades KG–8
1340 W Harrison St|Less than 1 Mile Away

Rudolph Elementary Learning Center

--
Public|Grades PK–7
1628 W Washington ...|Less than 1 Mile Away

Hope Learning Academy

C-
Public|Grades KG–5
1628 W Washington ...|Less than 1 Mile Away

W. Brown Elementary School

D-
Public|Grades KG–8
54 N Hermitage Ave|Less than 1 Mile Away

Crane Technical Preparatory High School

--
Public|Grades 12–12
|Less than 1 Mile Away

Galileo Elementary Math & Science Schol Acd

B
Public|Grades KG–8
820 S Carpenter St|Less than 1 Mile Away

Frances Xavier Warde School

--
Private|Grades PK–8
120 S Desplaines S...|Less than 1 Mile Away

Noble St Charter Rauner College Preparatory

A
Public|Grades 9–12
1337 W Ohio St|Less than 1 Mile Away

Otis Elementary School

D+
Public|Grades KG–8
525 N Armour St|Less than 1 Mile Away

Yccs-Virtual High School

--
Public|Grades 9–12
1900 W Van Buren S...|Less than 1 Mile Away

STEM Magnet Academy Elementary School

A-
Public|Grades KG–8
1522 W Fillmore St|Less than 1 Mile Away

Ogden Intermediate High School

A
Public|Grades 9–12
1250 W Erie St|Less than 1 Mile Away

St Ignatius College Preparatory

--
Private|Grades 9–12
1076 W Roosevelt R...|Less than 1 Mile Away

Suder Montessori Elementary Magnet School

D-
Public|Grades PK–8
2022 W Washington ...|Less than 1 Mile Away

Noble St Charter-Chicago Bulls Preparatory

A+
Public|Grades 9–12
2040 W Adams St|1.03 Miles Away

Noble St Charter-Golder College Preparatory

A
Public|Grades 9–12
1454 W Superior St|1.07 Miles Away

J. Smyth Elementary School

D
Public|Grades KG–8
1059 W 13th St|1.09 Miles Away

Children of Peace School

--
Private|Grades PK–8
1900 W Taylor St S...|1.11 Miles Away

Wolcott School

--
Private|Grades 9–12
524 N Wolcott Ave|1.13 Miles Away

Dett Elementary School

F
Public|Grades PK–8
2131 W Monroe St|1.15 Miles Away

Talcott Elementary School

C+
Public|Grades KG–8
1840 W Ohio St|1.16 Miles Away

Urban Prairie Waldorf School

--
Private|Grades PK–8
1310 S Ashland Ave|1.17 Miles Away

Urban Prairie

--
Private|Grades PK–8
1310 S Ashland Ave|1.17 Miles Away

Chicago Technology Academy High School

B
Public|Grades 9–12
1301 W 14th St|1.21 Miles Away

Simpson Academy High School for Young Women

--
Public|Grades 6–12
1321 S Paulina St|1.23 Miles Away

Devry Advantage Academy High School

A+
Public|Grades 11–12
1900 W Lawrence Av...|1.24 Miles Away

Il Center for Rehab & Education-R

--
Public|Grades 4–12
1950 W Roosevelt R...|1.28 Miles Away

Crane Medical Preparatory High School

B+
Public|Grades 9–12
2245 W Jackson Blv...|1.30 Miles Away

St Malachy Elementary School

--
Private|Grades PK–8
2252 W Washington ...|1.31 Miles Away

Chicago Hope Academy

--
Private|Grades 9–12
2189 W Bowler St|1.35 Miles Away

Noble St Charter-Noble Campus

A+
Public|Grades 9–12
1010 N Noble St|1.36 Miles Away

Wells Community Academy High School

F
Public|Grades 9–12
936 N Ashland Ave|1.37 Miles Away

Noble St Charter-Uic College Preparatory

A+
Public|Grades 9–12
1231 S Damen Ave|1.38 Miles Away

Irving Elementary School

C
Public|Grades KG–8
749 S Oakley Blvd|1.40 Miles Away

Intrinsic 2 Charter High School

--
Public|Grades 9–12
79 W Monroe St Ste...|1.45 Miles Away

Mitchell Elementary School

A-
Public|Grades PK–8
2233 W Ohio St|1.49 Miles Away

St Procopius School

--
Private|Grades PK–8
1625 S Allport St|1.49 Miles Away

Ombudsman Chicago West

--
Public|Grades 9–12
2401 W Congress Pk...|1.50 Miles Away

Pilsen Elementary Community Academy

D
Public|Grades PK–8
1420 W 17th St|1.52 Miles Away

Iyc Chicago

--
Public|Grades 6–12
136 N Western Ave|1.53 Miles Away

Phoenix Military Academy High School

A
Public|Grades 9–12
145 S Campbell Ave|1.54 Miles Away

Acero Charter School Network - Bartolome de las Casas

D
Public|Grades KG–8
1641 W 16th St|1.54 Miles Away

Jungman Elementary School

C+
Public|Grades PK–8
1746 S Miller St|1.56 Miles Away

Holy Trinity High School

--
Private|Grades 9–12
1443 W Division St|1.57 Miles Away

Yccs-Innovations of Arts Integr High School

--
Public|Grades 9–12
17 N State St|1.61 Miles Away

Changing Oasis

--
Private|Grades 11–12
2532 W Warren Blvd|1.61 Miles Away

Noble St Charter-Muchin College Preparatory

A+
Public|Grades 9–12
1 N State St|1.62 Miles Away

Transit

With nearby public transportation, 1240 W Monroe Street offers strong connectivity across Chicago. Access to Bus, Metro within a 2-mile radius supports efficient commuting. Reliable transit routes improve travel convenience for residents. This location provides practical urban accessibility.

1633 W Madison

0.51 miles away|10 min walk

18th

1.66 miles away|32 min walk

18th Street & Ashland

1.62 miles away|32 min walk

18th Street & Blue Island

1.57 miles away|31 min walk

18th Street & Carpenter

1.59 miles away|31 min walk

18th Street & Damen

1.82 miles away|35 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

With nearby public transportation, 1240 W Monroe Street offers strong connectivity across Chicago. Access to Bus, Metro within a 2-mile radius supports efficient commuting. Reliable transit routes improve travel convenience for residents. This location provides practical urban accessibility.

1633 W Madison

0.51 miles away|10 min walk

18th

1.66 miles away|32 min walk

18th Street & Ashland

1.62 miles away|32 min walk

18th Street & Blue Island

1.57 miles away|31 min walk

18th Street & Carpenter

1.59 miles away|31 min walk

18th Street & Damen

1.82 miles away|35 min walk

18th Street & Halsted

1.67 miles away|33 min walk

18th Street & Hoyne

1.89 miles away|37 min walk

18th Street & Laflin

1.59 miles away|31 min walk

18th Street & Leavitt

1.96 miles away|38 min walk

18th Street & Paulina (Pink Line)

1.67 miles away|32 min walk

18th Street & Peoria

1.64 miles away|32 min walk

18th Street & Racine

1.57 miles away|31 min walk

18th Street & Sangamon

1.62 miles away|32 min walk

18th Street & Throop

1.57 miles away|30 min walk

18th Street & Wolcott

1.77 miles away|34 min walk

18th Street & Wood

1.7 miles away|33 min walk

1900 W Van Buren

0.85 miles away|17 min walk

2102 W Ogden

1.26 miles away|25 min walk

2609 W Jackson

1.72 miles away|33 min walk

300 W Division

1.96 miles away|38 min walk

311 W Division

1.97 miles away|38 min walk

320 N LaSalle

1.44 miles away|28 min walk

321 N LaSalle

1.46 miles away|28 min walk

327 W Roosevelt

1.5 miles away|29 min walk

333 S Franklin Street (Chicago)

1.24 miles away|24 min walk

350 S. Clark Street (Chicago)

1.45 miles away|28 min walk

530 W Grand

1.07 miles away|21 min walk

700 W Chicago

1.26 miles away|25 min walk

900 W Harrison

0.62 miles away|12 min walk

900 W Roosevelt

1.04 miles away|20 min walk

900 W Taylor

0.92 miles away|18 min walk

Adams & Canal

0.99 miles away|20 min walk

Adams & Clark

1.42 miles away|28 min walk

Adams & State

1.57 miles away|31 min walk

Adams & S. Wacker

1.14 miles away|22 min walk

Adams & Wabash

1.69 miles away|33 min walk

Adams/Wabash

1.68 miles away|33 min walk

Adams & Wells

1.27 miles away|25 min walk

AM Michigan & Randolph (Chicago)

1.77 miles away|34 min walk

Ashland & 14th Street

1.27 miles away|25 min walk

Ashland & 15th Street

1.37 miles away|27 min walk

Ashland & 18th Street

1.61 miles away|31 min walk

Ashland & Adams

0.43 miles away|9 min walk

Ashland & Augusta

1.38 miles away|27 min walk

Ashland & Blackhawk

1.87 miles away|36 min walk

Ashland & Carroll

0.63 miles away|13 min walk

Ashland & Cermak

1.98 miles away|38 min walk

Ashland & Cermak/Blue Island

1.99 miles away|39 min walk

Ashland & Chicago

1.14 miles away|22 min walk

The Neighbourhood: West Loop

West Loop, located in Cook County, IL, is a vibrant and bustling neighborhood that seamlessly blends historic charm with modern amenities. Known for its trendy restaurants and lively nightlife, the area attracts food enthusiasts and socialites alike. Residents enjoy close proximity to renowned art galleries and unique boutiques, fostering an enriching cultural experience. Green spaces and parks provide a refreshing counterbalance to urban living. Convenient public transportation options and major expressway access make commuting simple and efficient. West Loop offers a dynamic urban lifestyle that appeals to a variety of residents.

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Neighbourhood Description

West Loop, located in Cook County, IL, is a vibrant and bustling neighborhood that seamlessly blends historic charm with modern amenities. Known for its trendy restaurants and lively nightlife, the area attracts food enthusiasts and socialites alike. Residents enjoy close proximity to renowned art galleries and unique boutiques, fostering an enriching cultural experience. Green spaces and parks provide a refreshing counterbalance to urban living. Convenient public transportation options and major expressway access make commuting simple and efficient. West Loop offers a dynamic urban lifestyle that appeals to a variety of residents.

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1240 W Monroe Street Demographics

Age Demographics

0–14 Years

9.68%

15–29 Years

30.99%

30–44 Years

38.62%

45–59 Years

13.08%

60+ Years

7.63%

Commute

17.46%

Transit

27.43%

Walk

29.45%

Drive

2.23%

Bike

Housing Ownership

39.12%

Owner Occupied

60.88%

Rental Units

Household Types

Single Family
12.14%
Multi Family
1.4%
Single Person
49.94%
Multi Person
50.06%

Average Income

Household:$11,142,776.34 /yr

Individual:$7,930,176.77 /yr

Education

Bachelors Degree43.84%
High School College5.08%
Diploma2.81%
Post Graduate39.49%
Others8.79%
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Education

Diploma2.81%
Post Graduate39.49%
Others8.79%
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    1240 W Monroe Street
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