What’s the Market Like for a 2/2 in the West Loop? 1200 W. Monroe
The Metro, at 1200 W. Monroe, is a midrise building built in 2003 in what used to be the far edge of the West Loop but now is closer to the center of action thanks to a further push of building to the west.

At the corner of Monroe and Racine the east facing units have downtown views.
This 2-bedroom unit is a west facing unit and has been on the market for a year.
It has hardwood floors in the main living space.
The kitchen, which is open to the living space, has granite counter tops and stainless steel appliances.
It has central air, washer/dryer in the unit and garage parking is available.
This unit is listed $20,000 under its 2006 purchase price.
These units were originally sold as starter condos. Does this make a good starter condo in today’s market?
Stacy Braack at Southport Sotheby’s has the listing. See the pictures here.
Unit #413: 2 bedrooms, 2 baths, no square footage listed
- Sold in July 2003 for $278,500
- Sold in May 2006 for $335,000
- Neither sales shows deeded parking included
- Originally listed in April 2010
- Was listed in September 2010 for $304,900
- Reduced
- Currently listed for $285,000 (plus $25,000 for parking)
- Assessments of $382 a month (includes a/c, doorman, cable, gas)
- Taxes of $3641
- Central Air
- Washer/Dryer in the unit
- Bedroom #1: 12×11
- Bedroom #2: 10×10
- Living room: 15×16
- Kitchen: 13×8













