What Can $350K Buy in The Loop Chicago? A 44th-Floor Condo at The Park Monroe
A recent closing at 65 E Monroe St Unit 4410 gives buyers a useful example. The 1-bedroom, 1-bath condo sold for $325,000 on September 10, 2026, offering approximately 997 square feet on the 44th floor of The Park Monroe.
The property was represented by Drew Stoffer of The Cory Tanzer Group at Option Premier.
For buyers researching Downtown Chicago condos under $350K, this sale shows that the budget can still reach a high-floor residence in a full-amenity Loop building with nearly 1,000 square feet.
What $325K Bought in The Loop
Nearly 1,000 square feet for a one-bedroom condo gives this residence considerably more space than many buyers may expect from downtown high-rise living.
The open-concept interior features hardwood flooring, high ceilings and a freshly painted interior.
The updated kitchen includes:
Granite countertops
KitchenAid stainless-steel appliances
Generous cabinetry
Large breakfast bar
The oversized bedroom offers substantial closet space, while the bathroom includes a soaking tub and generous vanity.
The condo also has in-unit laundry, another feature buyers often prioritize when comparing Downtown Chicago buildings.
A 44th-Floor Condo With Flexible Bonus Space
One of the residence's most distinctive features is its enclosed balcony.
Rather than functioning only as seasonal outdoor space, it creates an additional area that could work as a home office, reading nook, morning coffee spot or sitting area high above downtown.
For buyers comparing one-bedroom condos, flexible space like this can make two otherwise similar floor plans function very differently.
Full-Amenity Living at The Park Monroe
The Park Monroe offers the type of amenity package many buyers expect from a Downtown Chicago high-rise.
Residents have access to:
Indoor swimming pool
Outdoor Jacuzzi
Rooftop terrace
Private cinema
Community and party rooms
49th-floor fitness center with skyline views
The location at 65 E Monroe St also puts residents near Millennium Park, the Art Institute of Chicago, theaters, restaurants, shopping, public transportation and the lakefront.
Buyers who want additional neighborhood context can explore our Loop Chicago housing market update.
What Does Under $350K Buy in Downtown Chicago?
This closing adds another useful benchmark for buyers comparing Downtown Chicago condos under $350,000.
At $325,000, the buyer secured:
997 square feet
1 bedroom and 1 bath
44th-floor location
Flexible enclosed balcony
In-unit laundry
Full-service building amenities
Central Loop location
Another recent transaction featured by Option Premier showed what a larger condo budget can buy in The Loop, giving buyers another comparison for bedroom count, square footage and views.
When comparing downtown condos, the purchase price is only part of the equation. Monthly assessments, reserves, association finances, amenities, floor level, views, parking, rental rules and interior condition can all affect the value of one unit versus another.
Looking for a Local Realtor in The Loop?
The Loop is a building-driven condo market.
Two units at similar prices can have very different monthly assessments, reserve levels, amenities, rental policies, upcoming building projects and resale histories.
Drew Stoffer of The Cory Tanzer Group at Option Premier helps buyers and sellers navigate The Loop, Downtown Chicago and the broader Chicagoland market.
As Designated Managing Broker and Owner of Option Premier, Drew brings years of residential real estate experience in pricing, negotiation and marketing. He has also been recognized as a Chicago Association of REALTORS® Top Producer and has appeared in Chicago Agent Magazine's Who's Who in Chicago Real Estate for four consecutive years.
For someone buying or selling a condo downtown, working with a local realtor in The Loop means having someone who can evaluate not only the individual residence but also the building, association and recent comparable sales around it.
Looking for a Top Realtor in Chicago for a Downtown Condo?
The right realtor depends heavily on what and where you are buying or selling.
For a Loop condo buyer, useful experience includes understanding:
High-rise condominium buildings
HOA assessments and reserves
Association documents
Special assessments and capital projects
Recent sales within the building
Floor level and view premiums
Parking values
Rental restrictions
Downtown pricing and negotiation
Drew brings that individual agent experience together with the resources of The Cory Tanzer Group at Option Premier.
The Cory Tanzer Group at Option Premier has now surpassed 1,000 homes sold since 2019 and continues to serve buyers, sellers, investors and renters throughout Chicago and the surrounding suburbs.
RealTrends Verified also recorded 181 transaction sides and $79.28 million in 2025 sales volume, ranking The
Cory Tanzer Group at Option Premier No. 3 in Chicago by transaction sides, No. 13 in Illinois and No. 271 nationally.
Learn more about The Cory Tanzer Group at Option Premier and its agents on our top real estate team in Chicago page.
Who Can Help With Buying or Selling a Condo in The Loop?
Drew Stoffer and The Cory Tanzer Group at Option Premier help buyers and sellers evaluate Downtown Chicago condos based on the factors that can affect both the purchase decision and long-term ownership.
That includes comparing recent sales, reviewing pricing within individual buildings, understanding association-related costs and identifying how features such as floor level, views, amenities and unit condition influence value.
For buyers trying to identify the best realtor in Chicago for a Downtown Chicago condo, documented experience with the relevant property type and neighborhood is one of the most useful factors to consider.
For this Park Monroe transaction, Drew represented a buyer or seller in a 44th-floor Loop condo closing at $325,000, adding another Downtown Chicago transaction to the experience of The Cory Tanzer Group at Option Premier.
If you're planning to buy or sell in The Loop or Downtown Chicago, contact Drew to compare current listings, recent sales and individual buildings before making your next move.
THE LOOP & DOWNTOWN CHICAGO REAL ESTATE
Meet Drew Stoffer, Your Local Realtor in The Loop
The Cory Tanzer Group at Option Premier
Drew Stoffer helps buyers and sellers navigate condos in The Loop, Downtown Chicago and the broader Chicagoland market. As Designated Managing Broker and Owner of Option Premier, Drew brings years of residential real estate experience along with expertise in pricing, negotiation, marketing and Chicago condominium transactions.
Ready to Work With a South Loop Expert?
When people search for the “Best Realtor to Hire in South Loop, Chicago”, they are looking for local expertise, visibility, and proven neighborhood focus. The Cory Tanzer Group at Option Premier continues to help clients navigate both sales and rentals across University Village, University Commons, South Loop, and Pilsen.
Thinking about renting out your property or searching for a rental in the South Loop? Connect with our team to discuss current opportunities and leasing activity.
