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Rental Deal of the Month: 65 E. Monroe in the Loop

Longing for views of the lake and Millennium Park? This 2-bedroom rental at 65 E. Monroe in the Loop is for you.

The listing says it’s “never been lived in”.

It has hardwood floors in the living area and carpet in the bedrooms. The kitchen has stainless steel appliances and granite counter tops.

The listing says it’s 1628 square feet.

Other east facing two bedroom units in the building that are for sale, such as Unit #4425, are slightly smaller and on the market for $799,500 (plus $50k extra for the parking.)

Is this a rental deal?

Thorton Properties has the rental listing. See the pictures here.

Unit #4221: 2 bedrooms, 2 baths, 1628 square feet

  • Sold in August 2009 for $775,000
  • Currently listed as a rental for $2500 a month (parking extra)
  • Lake views
  • Millennium Park views

This entry was posted on Tuesday, January 12th, 2010 at 2:23 pm and is filed under Loop. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

13 Responses to “Rental Deal of the Month: 65 E. Monroe in the Loop”

  1. Another landlord losing their ass. I think there’s a pattern here.

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  2. That is a deal, maybe when the owner starts skipping payments to arrange a short sale, you can skip out on your payments too

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  3. Month to month lease, I’m guessing?

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  4. I worked in the building recently on a mid 30’s floor and the views are nothing short of spectacular, even better higher up I’d imagine. Seems like a reasonable price.

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  5. I really had high hopes for the Park monroe after i read/saw/imagined the roof top courtyard that the second floor PH’s opened up to.

    saw some floor plans on the website this summer and was disappointed in the mccrapbox mentality they went with.
    got greedy and tried to jam as many east facing units as possible.

    well if you can get them to include the parking at $2500 for a good view. it seems not that bad.

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  6. The oven and microwave built into the wall without cabinetry just looks odd. I’d prefer the oven be built in under the gas cook top and the micro in the island.

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  7. yup, seems like a good deal

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  8. place looks great, am paying more for less right now (albeit a bit better location, for me, anyway).

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  9. wow! Overpaid in August and then a few months later offers dramatically cheap rent. This should be renting for over 3K/month. Someone likes burning money.

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  10. Are you sure this isn’t a 1-month teaser rate bait-and-switch?

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  11. Definitely a deal. Makes me think something else is going on here.

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  12. No balcony; no place to catch a smoke.

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  13. what ever happened to this flop of development?

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