1228 W Monroe St. #504

in 1228 W Monroe St
$480,000 Closed · 59 days on market
2
beds
2
baths
1,038
sq ft
$462
per sq ft

About this unit

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.

Property details

The facts that decide a tour — straight from MRED.

Monthly costs
HOA$389 / mo
HOA includesWater, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Annual tax$8,650 (2024)
Rules & parking
ParkingGarage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage
PetsCats OK, Deposit Required, Dogs OK, Number Limit

What it costs each month

Live estimate. Tax based on Cook County 2024 effective rate. HOA pulled from the listing.

$480,000
$
20%$96,000
6.85%
30 years
Principal & interest$2,516 / mo
HOA$389 / mo
Property tax (est.)$721 / mo
All-in monthly$3,626

Estimate. Real rate depends on your lender, credit, and reserves. We'll connect you to a Chicago-based broker once you tour.

Listing history

The MLS trail for this unit — list events and price changes only.

Jun 30, 2026 Closed sale $505,000current
Jan 2, 2026 Listed for sale $480,000

About 1228 W Monroe St.

A look at the building this unit is in.

1228 W Monroe St. building

1228 W Monroe St.— 1228 W Monroe St

West Loop condo · 5 floors · built 2006
0 for sale · 1 for rent
Rent from $3,500/mo
View the building

Where it is

FAQ

Where do these listings come from?

Straight from the Midwest Real Estate Data (MRED) MLS, refreshed regularly — the same listings your buyer's agent sees, no curated subset.

Can I work with Dibze to buy?

Yes. A licensed Chicago buyer's agent lines up tours, writes offers, and handles the close. The seller pays the commission, so it's free to you — and we rebate part of it back at closing.

Can I rent in this building?

If owners are leasing units, the For Rent tab shows them. These are individual condo owners listing through the MLS, so lease terms and pet rules vary by unit.

How is this different from Redfin or Zillow?

Same MLS feed, different model — we don't sell your contact info or turn every click into a lead. One Dibze condo expert handles your whole search and represents you, not the seller.

Listed by Xiansong Liu · YOUMU VENTURES LLC · MLS #MRD12539421 · MRED
Mino Conenna
Mino Conenna
Licensed IL broker · Chicago condo specialist
Online now · replies in minutes

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