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CondominiumResidential
Last sold for $525,000 on Jul 11, 2023

1500 W MONROE ST UNIT 718

CHICAGO, IL 60607
Building report
2
Beds
2
Baths
1,600 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1.64 ac
Lot SizeThe size of the land the home sits on, from county records.
2003
Year BuiltThe year the home was originally built, according to county records.
4
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$525,000 · Jul 11, 2023

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$8,508 (2023)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$45,139 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$1,868
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$43,271
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$43,503
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$451,390

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.36
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
70
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
69
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
40
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
CountyCook
Lot (acres)The size of the land the home sits on, from county records.1.64
HeatingThe type of heating system in the home.Forced Air
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
W. Brown Elementary SchoolB-
Middle · Grades KG–8 · 0.4 mi
H
Wells Community Academy High SchoolF
High · Grades 9–12 · 1.3 mi
E
Skinner Elementary SchoolA-
Elementary · Grades PK–5 · 2.1 mi

District: Chicago Public School District 299

Neighborhood · ZIP 60607These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.136
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.110
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.46

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.89%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.43%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.13%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.9%
PopulationHow many people live in this area.31,589
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.14,213 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$122,924
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$150,715
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.38 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.54%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1500 W Monroe St Unit 718 measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Has a bigger lot than 91% of homes in Cook County
  • Newer than 92% of homes in Cook County

How it measures up in Chicago 60607

The dot is this home. The mark in the middle is the typical home in Chicago 60607.

Living area1,600 ft²
SmallerTypical 1,692 ft²Bigger

Bigger than 46% of homes nearby

Lot size1.64 ac
SmallerTypical 0.51 acBigger

Bigger than 84% of homes nearby

Year built2003
OlderTypical 2000Newer

Newer than 60% of homes nearby

How 1500 W Monroe St Unit 718 ranks against every home in each area.
MeasureThis homeChicago 60607Cook County
Living areabigger than1,600 ft²46% of homes57% of homes
Lot sizebigger than1.64 ac84% of homes91% of homes
Year builtnewer than200360% of homes92% of homes

About 1500 W Monroe St Unit 718

When did 1500 W Monroe St Unit 718, Chicago, IL last sell?

1500 W Monroe St Unit 718, Chicago, IL last sold on Jul 11, 2023 for $525,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 1500 W Monroe St Unit 718, Chicago, IL?

1500 W Monroe St Unit 718, Chicago, IL has 2 bedrooms, 2 bathrooms, 1,600 square feet of living space and a 1.64-acre lot.

When was 1500 W Monroe St Unit 718, Chicago, IL built?

1500 W Monroe St Unit 718, Chicago, IL was built in 2003, making it 23 years old.

What schools serve 1500 W Monroe St Unit 718, Chicago, IL?

1500 W Monroe St Unit 718, Chicago, IL is assigned to W. Brown Elementary School (middle), rated B-; Wells Community Academy High School (high), rated F; Skinner Elementary School (elementary), rated A-. All sit in Chicago Public School District 299. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1500 W Monroe St Unit 718, Chicago, IL compare to other homes in Chicago 60607?

Among the 10,887 homes in Chicago 60607, it is bigger than 46% of them (1,600 ft² against a typical 1,692 ft²), its lot is bigger than 84% of them (1.64 ac against a typical 0.51 ac) and it is newer than 60% of them (2003 against a typical 2000). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1500 W Monroe St Unit 718, Chicago, IL?

The 2023 property tax bill for 1500 W Monroe St Unit 718, Chicago, IL was $8,508. The county assessed it at $45,139.

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