950 W Monroe ST #607 Chicago, IL 60607 Sold on 08/27/2025

$300,000

$300,000

2 Beds2 Baths1,109 SqFt

Key Details

Sold Price $300,000

Property Type Condo

Sub Type Condo

Listing Status Sold

Purchase Type For Sale

Square Footage 1,109 sqft

Price per Sqft $270

MLS Listing ID 12358622

Sold Date 08/27/25

Bedrooms 2

Full Baths 2

HOA Fees $364/mo

Rental Info No

Year Built 2005

Annual Tax Amount $4,531

Tax Year 2023

Lot Dimensions COMMON

Property Sub-Type Condo

Property Description

City Of Chicago Affordable Home Program makes this a great opportunity to own a 2 bedroom 2 bath spacious south facing soft loft with balcony and in unit laundry at below market price in a prime West Loop walk to everything location. Building has on site manager, door staff, exercise room, business center, parking garage and 7-Eleven store. No showings without buyers qualification and approval certificate from the city of Chicago and pre approval from the lender. This is an income-restricted City of Chicago Affordable Housing (TIF) unit. Buyer must be at or below 120% HUD household income guidelines and be approved by DOH staff prior to placing an offer. For a household of 1 person, the household gross income cannot exceed $100,800; and for a household of 2 persons, the household gross income cannot exceed $115,200. At time of closing, buyer must agree to sign an Affordable Housing Covenant and Agreement with resale restrictions. Please download information and documents from the MLS listing.