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  5. Park 1500 Lofts Condominiums
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Park 1500 Lofts Condominiums

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

YEAR BUILT

# STORIES

6

# TOTAL UNITS

264

UNIT SIZE RANGE

2,350-2,450 sqft

Description

Park 1500 Lofts Condominiums sits at 1500 W Monroe Street in Chicago. This high-rise building has six stories and offers a view of the surrounding cityscape. The nearest major intersection is W Jackson Blvd and S Damen Ave. Just a short distance away, the Chicago River adds to the neighborhood's charm. This building contains 264 condominium units. The unit sizes range from 2,350 to 2,450 square feet. Layouts include options for 1, 2, or 3 bedrooms. Prices for these units range from $662,500 to $765,000. Over the past year, the average sold price is about $274,450, while the average price per square foot is around $305. Buyers may note the building's appealing amenities. Residents can enjoy access to a park, terrace, and a receiving room. A tennis court and exercise room provide great options for staying active. The sundeck offers a nice outdoor space, and a bike room supports cycling enthusiasts. Service elevators help manage daily activities seamlessly. Dining options nearby include Mexiquenses Unidos, Pepperino Pizzeria, and Crave Kabob. These restaurants provide a variety of cuisines for those living in the area. Grocery stores and other services lie within reach, making daily errands easy to manage. Units typically spend about 57 days on the market, giving potential buyers a reasonable timeframe to consider their options. Parking may be available for residents and guests. The building combines urban living with recreational facilities, creating a balanced lifestyle for its residents.

Building ImageMLS ID #12309753
Building ImageMLS ID #12283166
Building Image
Building ImageView Listing

Park 1500 Lofts Condominiums

1500 W Monroe Street, Chicago, IL, 60607

|Park 1500 Lofts Condominiums

YEAR BUILT

# STORIES

6

# TOTAL UNITS

264

UNIT SIZE RANGE

2,350-2,450 sqft

Description

Park 1500 Lofts Condominiums sits at 1500 W Monroe Street in Chicago. This high-rise building has six stories and offers a view of the surrounding cityscape. The nearest major intersection is W Jackson Blvd and S Damen Ave. Just a short distance away, the Chicago River adds to the neighborhood's charm. This building contains 264 condominium units. The unit sizes range from 2,350 to 2,450 square feet. Layouts include options for 1, 2, or 3 bedrooms. Prices for these units range from $662,500 to $765,000. Over the past year, the average sold price is about $274,450, while the average price per square foot is around $305. Buyers may note the building's appealing amenities. Residents can enjoy access to a park, terrace, and a receiving room. A tennis court and exercise room provide great options for staying active. The sundeck offers a nice outdoor space, and a bike room supports cycling enthusiasts. Service elevators help manage daily activities seamlessly. Dining options nearby include Mexiquenses Unidos, Pepperino Pizzeria, and Crave Kabob. These restaurants provide a variety of cuisines for those living in the area. Grocery stores and other services lie within reach, making daily errands easy to manage. Units typically spend about 57 days on the market, giving potential buyers a reasonable timeframe to consider their options. Parking may be available for residents and guests. The building combines urban living with recreational facilities, creating a balanced lifestyle for its residents.

Next

Description

Park 1500 Lofts Condominiums sits at 1500 W Monroe Street in Chicago. This high-rise building has six stories and offers a view of the surrounding cityscape. The nearest major intersection is W Jackson Blvd and S Damen Ave. Just a short distance away, the Chicago River adds to the neighborhood's charm. This building contains 264 condominium units. The unit sizes range from 2,350 to 2,450 square feet. Layouts include options for 1, 2, or 3 bedrooms. Prices for these units range from $662,500 to $765,000. Over the past year, the average sold price is about $274,450, while the average price per square foot is around $305. Buyers may note the building's appealing amenities. Residents can enjoy access to a park, terrace, and a receiving room. A tennis court and exercise room provide great options for staying active. The sundeck offers a nice outdoor space, and a bike room supports cycling enthusiasts. Service elevators help manage daily activities seamlessly. Dining options nearby include Mexiquenses Unidos, Pepperino Pizzeria, and Crave Kabob. These restaurants provide a variety of cuisines for those living in the area. Grocery stores and other services lie within reach, making daily errands easy to manage. Units typically spend about 57 days on the market, giving potential buyers a reasonable timeframe to consider their options. Parking may be available for residents and guests. The building combines urban living with recreational facilities, creating a balanced lifestyle for its residents.

Park 1500 Lofts Condominiums Market Stats Last 12 months

Avg. Listed Price$304,650($348/Sqft.)
Avg. Sale Price$274,450($305/Sqft.)
Year over year list priceUp Arrow1.41%
Year over year sale priceDown Arrow 7.54%
Total Listings6 Listed
Total sold5 Sold
Average Days on Market57 days
Average HOA fees per sqft$3 /monthly
Next

Market Stats

Year over year list priceUp Arrow1.41%
Year over year sale priceDown Arrow7.54%
Total Listings6 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

Park 1500 Lofts Condominiums 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

Ready to kick back and enjoy life? Park 1500 Lofts has all the amenities you’ll adore! Whether you're focused on fitness in the well-equipped exercise room or planning a friendly match on the tennis courts, this community will keep you active and engaged. The sun-drenched sundeck and patio offer a perfect setting to unwind after a long day, while the bike room and nearby trails are perfect for cycling enthusiasts. Plus, there’s a service elevator and a receiving room to make life just a bit easier. You'll appreciate living in a neighborhood that embraces an active lifestyle.

Next

Amenities Description

Ready to kick back and enjoy life? Park 1500 Lofts has all the amenities you’ll adore! Whether you're focused on fitness in the well-equipped exercise room or planning a friendly match on the tennis courts, this community will keep you active and engaged. The sun-drenched sundeck and patio offer a perfect setting to unwind after a long day, while the bike room and nearby trails are perfect for cycling enthusiasts. Plus, there’s a service elevator and a receiving room to make life just a bit easier. You'll appreciate living in a neighborhood that embraces an active lifestyle.

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

Living at Park 1500 Lofts means you’ll also get to enjoy the pet-friendly atmosphere. With some reasonable guidelines on pet size and requirements for deposits, your furry friends can join you in your new home. It's all about creating the best living experience possible, which is evident in the building's thoughtful 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)
Park 1500 Lofts Condominiums$305/sqft.$3 /sqft.
1500 W Monroe St$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 Park 1500 Lofts Condominiums.

Young Magnet High School

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

Hope Learning Academy

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

Rudolph Elementary Learning Center

--
Public|Grades PK–7
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

Hope Learning Academy

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

Rudolph Elementary Learning Center

--
Public|Grades PK–7
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|1.10 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|1.12 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...|1.21 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|1.31 Miles Away

Ogden Intermediate High School

A
Public|Grades 9–12
1250 W Erie St|1.32 Miles Away

St Malachy Elementary School

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

Noble St Charter-Golder College Preparatory

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

St Ignatius College Preparatory

--
Private|Grades 9–12
1076 W Roosevelt R...|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...|1.44 Miles Away

Chicago Hope Academy

--
Private|Grades 9–12
2189 W Bowler St|1.45 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|1.51 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|1.60 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...|1.69 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|1.75 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|1.97 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|6 min walk

Ashland & Carroll

0.66 miles away|13 min walk

1900 W Van Buren

0.75 miles away|15 min walk

900 W Harrison

1.18 miles away|23 min walk

2102 W Ogden

1.34 miles away|26 min walk
Next

Transit

Ashland & Adams

0.17 miles away|4 min walk

1633 W Madison

0.26 miles away|6 min walk

Ashland & Carroll

0.66 miles away|13 min walk

1900 W Van Buren

0.75 miles away|15 min walk

900 W Harrison

1.18 miles away|23 min walk

2102 W Ogden

1.34 miles away|26 min walk

Ashland & Chicago

1.44 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

1.96 miles away|38 min walk

333 S Franklin Street (Chicago)

2.08 miles away|40 min walk

Ashland & 18th Street

2.08 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)

2.13 miles away|41 min walk

18th Street & Throop

2.13 miles away|41 min walk

Adams & Wells

2.14 miles away|41 min walk

18th Street & Wood

2.15 miles away|42 min walk

18th Street & Racine

2.17 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

2.25 miles away|44 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

320 N LaSalle

2.35 miles away|45 min walk

Ashland & Cullerton

2.35 miles away|46 min walk

327 W Roosevelt

2.37 miles away|46 min walk

18th Street & Peoria

2.37 miles away|46 min walk

321 N LaSalle

2.37 miles away|46 min walk

350 S. Clark Street (Chicago)

2.37 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

2.46 miles away|48 min walk

18th Street & Oakley

2.48 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

2.59 miles away|50 min walk

Ashland & Cermak

2.59 miles away|50 min walk

1258 S California

2.6 miles away|50 min walk

Ashland & Cermak/Blue Island

2.6 miles away|50 min walk

The Neighbourhood: Park 1500 Lofts Condominiums

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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Park 1500 Lofts Condominiums Demographics

Age Demographics

0–14 Years

11.6%

15–29 Years

30.44%

30–44 Years

35.62%

45–59 Years

13.46%

60+ Years

8.88%

Commute

20.47%

Transit

19.42%

Walk

34.8%

Drive

2.93%

Bike

Housing Ownership

41.31%

Owner Occupied

58.69%

Rental Units

Household Types

Single Family
16.31%
Multi Family
2.19%
Single Person
46.04%
Multi Person
53.96%

Average Income

Household:$9,938,564.72 /yr

Individual:$6,920,906.75 /yr

Education

Bachelors Degree41.72%
High School College7.45%
Diploma3.4%
Post Graduate34.53%
Others12.91%
Next

Education

Diploma3.4%
Post Graduate34.53%
Others12.91%
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    Park 1500 Lofts Condominiums
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Huntley, Illinois 60142

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