1400 Monroe in Chicago

Name: Sales in 1400 Monroe started!
Start: 2021-07-09T11:47:52.923104+00:00
End: 2023-12-31T23:59:59+0000
Location: 1400 Monroe

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Project info

Object ID: 12865

Finished at	December 2021
Price, m²	From 6080$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 115.00 m²
Floors	7
Apartments	42
Condition	Turnkey
Construction type	Monolyth
Security	Reception
Conveniences	Parking Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

699,200$

Net profit

9,376$

Payback period

59.5 years

Avg property value increase per year

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Promos and discounts for 1400 Monroe

About the project

Located in the heart of the West Loop, 1400 Monroe is a collection of 42 luxury new-construction residences uniting residents with the neighborhood around them, integrating thoughtful design with an unmatched location.

Nestled on a tree-lined street just steps from Skinner West Elementary School, Skinner Park and the excitement of Downtown, 1400 Monroe offers private luxury living all while being moments away from Chicago’s most vibrant neighborhood.