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  5. 1500 W Monroe St
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1500 W Monroe St

1500 W Monroe, Chicago, IL, 60607 |Park 1500 Lofts Condominiums

YEAR BUILT

2001

# STORIES

8

# TOTAL UNITS

133

UNIT SIZE RANGE

700-2,400 sqft

Description

1500 W Monroe St is located in Chicago's West Loop neighborhood, close to the intersection of West Van Buren Street and South Ashland Avenue. The Chicago River lies nearby, adding to the area's charm. Skinner Park and Union Park provide green space within a short distance, with dining and entertainment options just around the corner. The high-rise building consists of 8 stories and includes 133 condominiums. Construction completed in 2001. Units vary in size from 700 to 2,400 square feet. There are 1, 2, and 3-bedroom options available to suit different needs. Recent unit prices range from $662,500 to $765,000. Over the past year, the average closed price for units in the building was $274,450. The lowest sold price in the last 12 months was approximately $261,250. The average price per square foot stands at $305, with units spending about 57 days on the market. Garage parking is available to residents. The building also includes a variety of amenities. There’s a doorman and building staff to assist with daily needs. Residents enjoy access to an exercise room, a tennis court, and a sun deck for relaxation. The patio spaces and bike trails cater to outdoor activities, while the receiving room offers a welcoming area for guests. The interiors showcase reliable features like high ceilings ranging from 12 to 15 feet, with timber loft designs and exposed brick. In-unit laundry facilities add to the comfort of living here. Large windows provide plenty of natural light, creating a bright atmosphere. The location supports both leisure and urban living, making it a desirable spot in Chicago.

Building ImageMLS ID #12292362
Building ImageMLS ID #12283166
Building Image
Building ImageView Listing

1500 W Monroe St

1500 W Monroe, Chicago, IL, 60607

|Park 1500 Lofts Condominiums

YEAR BUILT

2001

# STORIES

8

# TOTAL UNITS

133

UNIT SIZE RANGE

700-2,400 sqft

Description

1500 W Monroe St is located in Chicago's West Loop neighborhood, close to the intersection of West Van Buren Street and South Ashland Avenue. The Chicago River lies nearby, adding to the area's charm. Skinner Park and Union Park provide green space within a short distance, with dining and entertainment options just around the corner. The high-rise building consists of 8 stories and includes 133 condominiums. Construction completed in 2001. Units vary in size from 700 to 2,400 square feet. There are 1, 2, and 3-bedroom options available to suit different needs. Recent unit prices range from $662,500 to $765,000. Over the past year, the average closed price for units in the building was $274,450. The lowest sold price in the last 12 months was approximately $261,250. The average price per square foot stands at $305, with units spending about 57 days on the market. Garage parking is available to residents. The building also includes a variety of amenities. There’s a doorman and building staff to assist with daily needs. Residents enjoy access to an exercise room, a tennis court, and a sun deck for relaxation. The patio spaces and bike trails cater to outdoor activities, while the receiving room offers a welcoming area for guests. The interiors showcase reliable features like high ceilings ranging from 12 to 15 feet, with timber loft designs and exposed brick. In-unit laundry facilities add to the comfort of living here. Large windows provide plenty of natural light, creating a bright atmosphere. The location supports both leisure and urban living, making it a desirable spot in Chicago.

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Description

1500 W Monroe St is located in Chicago's West Loop neighborhood, close to the intersection of West Van Buren Street and South Ashland Avenue. The Chicago River lies nearby, adding to the area's charm. Skinner Park and Union Park provide green space within a short distance, with dining and entertainment options just around the corner. The high-rise building consists of 8 stories and includes 133 condominiums. Construction completed in 2001. Units vary in size from 700 to 2,400 square feet. There are 1, 2, and 3-bedroom options available to suit different needs. Recent unit prices range from $662,500 to $765,000. Over the past year, the average closed price for units in the building was $274,450. The lowest sold price in the last 12 months was approximately $261,250. The average price per square foot stands at $305, with units spending about 57 days on the market. Garage parking is available to residents. The building also includes a variety of amenities. There’s a doorman and building staff to assist with daily needs. Residents enjoy access to an exercise room, a tennis court, and a sun deck for relaxation. The patio spaces and bike trails cater to outdoor activities, while the receiving room offers a welcoming area for guests. The interiors showcase reliable features like high ceilings ranging from 12 to 15 feet, with timber loft designs and exposed brick. In-unit laundry facilities add to the comfort of living here. Large windows provide plenty of natural light, creating a bright atmosphere. The location supports both leisure and urban living, making it a desirable spot in Chicago.

1500 W Monroe St Market Stats Last 12 months

Avg. Listed Price$303,113($348/Sqft.)
Avg. Sale Price$274,450($305/Sqft.)
Year over year list priceUp Arrow0.90%
Year over year sale priceDown Arrow 7.54%
Total Listings8 Listed
Total sold5 Sold
Average Days on Market57 days
Average HOA fees per sqft$3 /monthly
Next

Market Stats

Year over year list priceUp Arrow0.90%
Year over year sale priceDown Arrow7.54%
Total Listings8 Listed
Total sold5 Sold
Average Days on Market57 days
Average HOA fees per sqft$3 /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

1500 W Monroe St Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 722722230033482019-09-30
MLS#: 10483797 		Closed$765,000
Unit 727727220033492018-07-20
MLS#: 09970491 		Closed$632,500
Unit 721721240023552016-10-13
MLS#: 09320385 		Closed$662,500
Unit 721
721

2 Beds

3 Baths

2400 sqft

DateStatusPrice
2016-10-13Closed$662,500
MLS#: 09320385
Days On Market55
Unit 722
722

3 Beds

3 Baths

2300 sqft

DateStatusPrice
2019-09-30Closed$765,000
MLS#: 10483797
Days On Market48
Unit 727
727

3 Beds

3 Baths

2200 sqft

DateStatusPrice
2018-07-20Closed$632,500
MLS#: 09970491
Days On Market49
View Complete Unit Listing HistorySource By: MRED

Amenities

One of the highlights of living at 1500 W Monroe St is the collection of amenities designed with your active lifestyle in mind. An exercise room awaits those focused on fitness, while a tennis court provides a perfect spot for weekend matches with friends. If you prefer unwinding instead, there's a sundeck and patio where you can soak in the sun. For cyclists, a dedicated bike room and nearby trails make exploring the city a breeze. All these features come together to create a fun and functional living environment!

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Amenities Description

One of the highlights of living at 1500 W Monroe St is the collection of amenities designed with your active lifestyle in mind. An exercise room awaits those focused on fitness, while a tennis court provides a perfect spot for weekend matches with friends. If you prefer unwinding instead, there's a sundeck and patio where you can soak in the sun. For cyclists, a dedicated bike room and nearby trails make exploring the city a breeze. All these features come together to create a fun and functional living environment!

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
Check Icon
Visitors Parking
Visitors Parking
Next

Amenities

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Door Person

Door Person

Security

Security

Security Door Lock(s)

Security Door Lock(s)

Tennis Court(s)

Tennis Court(s)

Sundeck

Sundeck

Patio

Patio

Receiving Room

Receiving Room

Bike Room/Bike Trails

Bike Room/Bike Trails

Storage

Storage

Service Elevator(s)

Service Elevator(s)

Balcony

Balcony

Policies

Your furry friends will feel welcome here, as cats are allowed under certain conditions, with a pet rent policy in place. However, if you're a dog lover, pets must be neutered or declawed, and additional restrictions apply. Make sure to follow the building’s guidelines regarding pets, along with deposit requirements and limits on the number of pets. This way, you can enjoy your home without worrying about unexpected policies.

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Amenities Description

Your furry friends will feel welcome here, as cats are allowed under certain conditions, with a pet rent policy in place. However, if you're a dog lover, pets must be neutered or declawed, and additional restrictions apply. Make sure to follow the building’s guidelines regarding pets, along with deposit requirements and limits on the number of pets. This way, you can enjoy your home without worrying about unexpected policies.

Pet Allowed
Check
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)
1500 W Monroe St$305/sqft.$3 /sqft.
Park 1500 Lofts Condominiums$305/sqft.$3 /sqft.
6 S Laflin St$348/sqft.$3 /sqft.
Park 1500 Lofts Condominiums$348/sqft.$3 /sqft.
36 S Ashland Avenue$162/sqft.$4 /sqft.
6 N Bishop St$612/sqft.$3 /sqft.

Nearby Schools

Discover top-rated schools located close to 1500 W Monroe St.

Young Magnet High School

A+
Public|Grades 7–12
211 S Laflin St|0.22 miles away

Rudolph Elementary Learning Center

--
Public|Grades PK–7
1628 W Washington ...|0.38 miles away

Hope Learning Academy

C-
Public|Grades KG–5
1628 W Washington ...|0.38 miles away

Montessori Academy of Chicago

--
Private|Grades PK–8
1335 W Randolph St|0.44 miles away

W. Brown Elementary School

D-
Public|Grades KG–8
54 N Hermitage Ave|0.49 miles away

Intercultural Montessori Language School

--
Private|Grades PK–8
114 S Racine Ave|0.53 miles away
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Schools

Young Magnet High School

A+
Public|Grades 7–12
211 S Laflin 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

Montessori Academy of Chicago

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

W. Brown Elementary School

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

Intercultural Montessori Language School

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

Jackson a Elementary Language Academy

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

Yccs-Virtual High School

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

Crane Technical Preparatory High School

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

Otis Elementary School

D+
Public|Grades KG–8
525 N Armour St|1.03 Miles Away

STEM Magnet Academy Elementary School

A-
Public|Grades KG–8
1522 W Fillmore St|1.09 Miles Away

Dett Elementary School

F
Public|Grades PK–8
2131 W Monroe St|1.10 Miles Away

Noble St Charter Rauner College Preparatory

A
Public|Grades 9–12
1337 W Ohio St|1.13 Miles Away

Galileo Elementary Math & Science Schol Acd

B
Public|Grades KG–8
820 S Carpenter St|1.16 Miles Away

Children of Peace School

--
Private|Grades PK–8
1900 W Taylor St S...|1.20 Miles Away

Wolcott School

--
Private|Grades 9–12
524 N Wolcott Ave|1.25 Miles Away

Crane Medical Preparatory High School

B+
Public|Grades 9–12
2245 W Jackson Blv...|1.31 Miles Away

Talcott Elementary School

C+
Public|Grades KG–8
1840 W Ohio St|1.32 Miles Away

Ogden Intermediate High School

A
Public|Grades 9–12
1250 W Erie St|1.33 Miles Away

St Malachy Elementary School

--
Private|Grades PK–8
2252 W Washington ...|1.33 Miles Away

St Ignatius College Preparatory

--
Private|Grades 9–12
1076 W Roosevelt R...|1.40 Miles Away

Noble St Charter-Golder College Preparatory

A
Public|Grades 9–12
1454 W Superior St|1.40 Miles Away

Frances Xavier Warde School

--
Private|Grades PK–8
120 S Desplaines S...|1.42 Miles Away

Il Center for Rehab & Education-R

--
Public|Grades 4–12
1950 W Roosevelt R...|1.43 Miles Away

Chicago Hope Academy

--
Private|Grades 9–12
2189 W Bowler St|1.44 Miles Away

Urban Prairie Waldorf School

--
Private|Grades PK–8
1310 S Ashland Ave|1.46 Miles Away

Urban Prairie

--
Private|Grades PK–8
1310 S Ashland Ave|1.46 Miles Away

Irving Elementary School

C
Public|Grades KG–8
749 S Oakley Blvd|1.49 Miles Away

Simpson Academy High School for Young Women

--
Public|Grades 6–12
1321 S Paulina St|1.50 Miles Away

Ombudsman Chicago West

--
Public|Grades 9–12
2401 W Congress Pk...|1.59 Miles Away

Noble St Charter-Uic College Preparatory

A+
Public|Grades 9–12
1231 S Damen Ave|1.59 Miles Away

J. Smyth Elementary School

D
Public|Grades KG–8
1059 W 13th St|1.62 Miles Away

Phoenix Military Academy High School

A
Public|Grades 9–12
145 S Campbell Ave|1.63 Miles Away

Iyc Chicago

--
Public|Grades 6–12
136 N Western Ave|1.63 Miles Away

Chicago Technology Academy High School

B
Public|Grades 9–12
1301 W 14th St|1.65 Miles Away

Mitchell Elementary School

A-
Public|Grades PK–8
2233 W Ohio St|1.66 Miles Away

Devry Advantage Academy High School

A+
Public|Grades 11–12
1900 W Lawrence Av...|1.68 Miles Away

Changing Oasis

--
Private|Grades 11–12
2532 W Warren Blvd|1.73 Miles Away

Wells Community Academy High School

F
Public|Grades 9–12
936 N Ashland Ave|1.76 Miles Away

Noble St Charter-Noble Campus

A+
Public|Grades 9–12
1010 N Noble St|1.83 Miles Away

St Nicholas Ukrainian Cathedral School

--
Private|Grades PK–8
2200 W Rice St|1.95 Miles Away

Acero Charter School Network - Bartolome de las Casas

D
Public|Grades KG–8
1641 W 16th St|1.96 Miles Away

Pilsen Elementary Community Academy

D
Public|Grades PK–8
1420 W 17th St|2.01 Miles Away

St Procopius School

--
Private|Grades PK–8
1625 S Allport St|2.05 Miles Away

Holy Trinity High School

--
Private|Grades 9–12
1443 W Division St|2.10 Miles Away

Columbus Elementary School

B
Public|Grades PK–8
1003 N Leavitt St|2.13 Miles Away

Lasalle II Lang Academy Elementary School

A
Public|Grades PK–8
1148 N Honore St|2.16 Miles Away

Near North Montessori

--
Private|Grades PK–8
1434 W Division St|2.17 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

Ashland & Adams

0.17 miles away|4 min walk

1633 W Madison

0.26 miles away|5 min walk

Ashland & Carroll

0.66 miles away|13 min walk

1900 W Van Buren

0.74 miles away|15 min walk

900 W Harrison

1.18 miles away|23 min walk

2102 W Ogden

1.33 miles away|26 min walk
Next

Transit

Ashland & Adams

0.17 miles away|4 min walk

1633 W Madison

0.26 miles away|5 min walk

Ashland & Carroll

0.66 miles away|13 min walk

1900 W Van Buren

0.74 miles away|15 min walk

900 W Harrison

1.18 miles away|23 min walk

2102 W Ogden

1.33 miles away|26 min walk

Ashland & Chicago

1.45 miles away|28 min walk

900 W Taylor

1.51 miles away|29 min walk

Ashland & 14th Street

1.61 miles away|31 min walk

900 W Roosevelt

1.63 miles away|32 min walk

Ashland & 15th Street

1.75 miles away|34 min walk

Adams & Canal

1.77 miles away|34 min walk

Ashland & Augusta

1.78 miles away|35 min walk

530 W Grand

1.79 miles away|35 min walk

2609 W Jackson

1.87 miles away|36 min walk

700 W Chicago

1.96 miles away|38 min walk

Adams & S. Wacker

1.97 miles away|38 min walk

Ashland & 18th Street

2.08 miles away|40 min walk

333 S Franklin Street (Chicago)

2.09 miles away|40 min walk

18th Street & Laflin

2.1 miles away|41 min walk

18th Street & Ashland

2.1 miles away|41 min walk

18th Street & Blue Island

2.11 miles away|41 min walk

18th

2.12 miles away|41 min walk

18th Street & Paulina (Pink Line)

2.12 miles away|41 min walk

18th Street & Throop

2.13 miles away|41 min walk

Adams & Wells

2.14 miles away|42 min walk

18th Street & Wood

2.15 miles away|42 min walk

18th Street & Racine

2.16 miles away|42 min walk

18th Street & Wolcott

2.2 miles away|43 min walk

18th Street & Carpenter

2.24 miles away|43 min walk

18th Street & Damen

2.24 miles away|43 min walk

18th Street & Hoyne

2.31 miles away|45 min walk

18th Street & Sangamon

2.33 miles away|45 min walk

Adams & Clark

2.34 miles away|45 min walk

Ashland & Cullerton

2.35 miles away|46 min walk

320 N LaSalle

2.35 miles away|46 min walk

18th Street & Peoria

2.37 miles away|46 min walk

327 W Roosevelt

2.37 miles away|46 min walk

321 N LaSalle

2.38 miles away|46 min walk

350 S. Clark Street (Chicago)

2.38 miles away|46 min walk

18th Street & Leavitt

2.39 miles away|46 min walk

18th Street & Halsted

2.42 miles away|47 min walk

Ashland & Blackhawk

2.47 miles away|48 min walk

18th Street & Oakley

2.47 miles away|48 min walk

Adams & State

2.55 miles away|49 min walk

18th Street & Western

2.58 miles away|50 min walk

1303 S California

2.58 miles away|50 min walk

1258 S California

2.59 miles away|50 min walk

Ashland & Cermak

2.59 miles away|50 min walk

Ashland & Cermak/Blue Island

2.6 miles away|50 min walk

The Neighbourhood: 1500 W Monroe St

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.

Next

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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1500 W Monroe St Demographics

Age Demographics

0–14 Years

11.63%

15–29 Years

30.45%

30–44 Years

35.57%

45–59 Years

13.46%

60+ Years

8.89%

Commute

20.49%

Transit

19.36%

Walk

34.86%

Drive

2.94%

Bike

Housing Ownership

41.34%

Owner Occupied

58.66%

Rental Units

Household Types

Single Family
16.37%
Multi Family
2.2%
Single Person
45.99%
Multi Person
54.01%

Average Income

Household:$9,921,745.55 /yr

Individual:$6,908,658.78 /yr

Education

Bachelors Degree41.69%
High School College7.48%
Diploma3.4%
Post Graduate34.48%
Others12.95%
Next

Education

Diploma3.4%
Post Graduate34.48%
Others12.95%
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    1500 W Monroe St
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13300 IL RT 47

Huntley, Illinois 60142

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