1500 W Monroe Street #727

Chicago,IL 60607

$ 399000

3 Beds

2.5 Baths

2200 SqFt


Key Details

Property Type Condo

Sub Type Condo,Penthouse

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $181

MLS Listing ID 12372173

Bedrooms 3

Full Baths 2

Half Baths 1

HOA Fees $991/mo

Year Built 2001

Annual Tax Amount $14,743

Tax Year 2023

Lot Dimensions COMMON

Property Sub-Type Condo,Penthouse

Property Description

Property is condemned and deemed uninhabitable for the foreseeable future. Extensive water damage from frozen pipe bursts that has caused significant interior damage. The building also has severe structural damage, including a compromised foundation and structure. Entry and access to the entire stack of condominium units is restricted by city of chicago department of buildings. A special assessment is currently active on the HOA dues, and another special assessment is potentially imminent. Property is being sold as-is, with no warranties, repairs, or occupancy permitted. Not suitable for rehab without interior reconstruction or demolition. GC and sub-contractors must be licensed, insured and approved by the association. Buyer to assume all responsibility for inspections, code compliance, and HOA obligations. May require Union contractors.

Location

State IL

County Cook

Rooms

Basement None

Interior

Interior Features 1st Floor Bedroom,1st Floor Full Bath,Storage,Built-in Features,Walk-In Closet(s),Open Floorplan,Dining Combo

Heating Natural Gas,Forced Air

Cooling Central Air

Flooring Hardwood

Fireplaces Number 1

Fireplaces Type Gas Starter

Fireplace Y

Appliance Range,Microwave,Dishwasher,Refrigerator,Washer,Dryer,Disposal,Stainless Steel Appliance(s)

Laundry Washer Hookup,Main Level,In Unit

Exterior

Exterior Feature Balcony,Roof Deck

Garage Spaces 1.0

Community Features Door Person,Elevator(s),Receiving Room

View Y/N true

Building

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

Elementary Schools Skinner Elementary School

High Schools Wells Community Academy Senior H

School District 299,299,299

Others

Pets Allowed Cats OK,Dogs OK,Size Limit

HOA Fee Include Water,Parking,Insurance,Exterior Maintenance,Lawn Care,Scavenger,Snow Removal

Ownership Condo

Special Listing Condition None

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