Downtown Chicago Condos in the Park Monroe Have Much to Offer for an Exceptional Price

The View from the Park Monroe in Chicago's City Center

The View from The Park Monroe in downtown Chicago.

There’s a saying in real estate we all know too well: location, location, location. Location is everything. A coveted location is the icing on the cake of a Chicago real estate deal.

One downtown Chicago building stands above others, with spectacular views, beautiful units and that all-important location: The Park Monroe. At 65 E Monroe, these Chicago condos overlook Millennium Park, starting on the 42nd floor so each features a breathtaking view.

The best in Chicago real estate
The location of the Park Monroe means everything is right outside residents’ front doors, if not within the building. These Chicago condos are at the heart of some of the city’s best cultural and entertainment options: around the corner from the famed Art Institute; steps from Millennium and Grant parks; and a short walk from the Chicago cultural center, Symphony Center, the Magnificent Mile, Navy Pier and the beach. It’s everything one could hope for in downtown Chicago living.

Within the building is also the Park Monroe Club on the penthouse level, a private retreat exclusively for residents, offering state-of-the-art fitness center, swimming pool, spa and sundeck, DVD theater, and an entertainment suite. Perched atop the building is also an expansive rooftop garden with dramatic lakefront views—one of the Park Monroe’s signature features.

Getting a deal on downtown Chicago condos

Another thing that stands out at The Park Monroe is the luxury living at exceptional prices. For example, a 1,942 square foot unit with a lake view is available at the stunning price of $566 per square foot. A few other examples of Chicago condos in the Park Monroe that are currently available:

Residence type Square footage Unit price Price per sq. ft.
1 bd, 1 ba with city views 925 $299,500 $323
1 bd, 1.5 ba with city views 1,043 $349,500 $335
2 bd, 2 ba with city/lake views 1,462 $599,500 $410
2 bd, 2 ba with city/lake views 1,453 $599,500 $412
2 bd, 2 ba with city/lake views 1,514 $629,500 $416
2 bd, 2 ba with city/lake views 1,357 $729,500 $538
2 bd, 2 ba with city/lake views 1,529 $799,500 $523
2 bd + den, 2 ba with lake views 2,060 $999,500 $485
2 bd + den, 2 ba with lake views 1,955 $1,049,500 $537
2 bd + den, 2 ba with lake views 1,942 $1,099,500 $566

There aren’t many Chicago condos that deliver this price per square foot without skimping on other details that the Park Monroe offers: 10-foot ceilings, floor-to-ceiling glass windows, exceptional finishes like rich hard wood floors, granite counter tops and stainless steel appliances, and a recessed private terrace.

Deals in Chicago New Construction
Not only is now a great time to buy Chicago new construction properties, but the special pricing at the Park Monroe makes it particularly well-timed to get a great deal. Among available units, pricing has been reduced anywhere from 18% to 34% from previous costs, an exceptionally reasonable discount for one of the best spots for luxury living in the city. A building with this many features and amenities would cost much more in other major U.S. cities like New York or San Francisco, but the right buyer and the right timing can make for an amazing real estate deal in this market.

To experience the Park Monroe’s views and see available units firsthand, give me a call at 312-264-5853 or email me at ssalnick@dreamtown.com.

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