3-Bedroom with “High End Designer Finishes” in the West Loop: 1038 W. Monroe
This 3-bedroom in Carmichael Place at 1038 W. Monroe in the West Loop just came on the market.
Carmichael Place was constructed in 1999 and has 36 condo units, an elevator and heated attached garage parking.
The listing says this unit has been “completely updated and customized” in the past 5 years.
It says there are high end designer finishes throughout.
There’s a gourmet kitchen which was “completely remodeled and reconfigured” with custom white cabinets, a farmhouse sink, a tile backsplash, custom lighting, stainless steel appliances, and a massive quartz island with seating.
There are hardwood floors throughout.
The listing says the 2 bathrooms have been “completely redone” with designer tiles and high end Restoration Hardware brass finishes.
The unit has a side-by-side washer/dryer along with a new a/c and furnace.
It has central air and heated attached garage parking is included.
This property last sold in 2017 for $639,000 but has come on the market at $750,000.
The West Loop was one of the hottest neighborhoods before the pandemic hit.
Will it still get the premium?
Michael Hoover and Benjamin Lissner at Compass has the listing. See the pictures and floor plan here.
Unit #34: 3 bedrooms, 2 baths, 1500 square feet
- Sold in December 2000 for $291,500
- Sold in November 2007 for $392,000
- Sold in October 2017 for $639,000
- Currently listed for $750,000
- Assessments of $240 a month (includes parking, exterior maintenance, lawn care, scavenger, snow removal)
- Taxes of $10,891
- Central Air
- Side-by-Side washer/dryer in the unit
- Bedroom #1: 16×13
- Bedroom #2: 10×13
- Bedroom #3: 14×10
- Living/dining room: 17×20
- Kitchen: 17×10
- Foyer: 5×8
The listing description is pure comedic gold. There’s almost zero relationship between what they typed and the unit
Why bother having a pathetic dining table?
Elevator isn’t listed in the HOA fees, is it owned by those units with access?
Not seeing anywhere close to 1500sf maybe 1200sf.
“Not seeing anywhere close to 1500sf maybe 1200sf.”
Being a little generous, it’s 30×40 + the foyer, so 1250, tops. Realtor math gets you to 1300, tops.
But it’s “just a nubmer”.
Nice place to rent for a couple. Not an unreasonable alternative (based on monthly cost) to renting if someone else is putting up the 20% down. I’d rather rent and save the $150k for a longer term residence (but I hate moving, so…)
LOL…..This isn’t even 1100 SF . . . based on adding up the measurements . . . .and it is less than 1000 SF of livable space (excl. closets / foyer). That roof deck is shared? So no private outdoor space other than the rinky dink grill balcony? The garage must be shared if there is no picture of it, no?
The real-tease is hilarious. Apparently working in random caps and the words “Massive” “Completely re-done” “Restoration Hardware” blah blah blah.
beautiful rehab, nicely staged
Should be double the 2000 price, unless the West Loop gets a special bump that other GZ hoods aren’t.
Not a fan of this development, but the neighborhood is really growing on me. I’ve walked around there a lot over the last few years and could actually see myself living there at some point. It’s lively, walkable, friendly, and family-oriented (although my kids are almost grown). There’s also a decent mix of old and new architecture. And Halsted is far more of a useful street than 10 or 20 years ago when it was just Greek restaurants, a strip club, and few bars. Not to mention the Randolph Street restaurant scene.
“Not a fan of this development, but the neighborhood is really growing on me.”
Me too, Dan #2. I wish they would put in a movie theater because, otherwise, there’s not a lot of “entertainment” there other than bars/restaurants.
I don’t know if you’ve heard but the Alderman is letting developers put in some residential buildings in Fulton Market now so that could really liven up that area and really add to the whole vibe of the area further.
I hope the Randolph Street restaurants survive the next few months. It’s not looking good. I fear for them.
“Should be double the 2000 price, unless the West Loop gets a special bump that other GZ hoods aren’t.”
Again, how could anyone who lives in Chicago be THIS out of the loop?
Of COURSE it gets a “special bump” that other GZ neighborhoods don’t. It has for several years now. It’s the hottest neighborhood in the city where developers are selling out buildings with units all starting at prices over $1 million.
But is that still the case during the pandemic?
We shall see.