The Value is in the Land: 1000 W. Monroe

1000 W. Monroe, in March of this year [John Morris]
Last week, demolition began on these 19th century twin Italianate three-flats to make way for the new condo building.

1029 W. Madison [John Morris]

1000 W. Monroe [John Morris/Chicago Patterns]

1000 W Monroe replacement building, via Redfin
The places with charm give way to residences with listing descriptions like this one:
Announcing 1000 W Monroe, an exclusive development with 12 individual residences. Designed by the architects of the Godfrey Hotel among other renowned structures, these finely appointed homes are bringing luxury to the heart of the West Loop. Compelling architecture and thoughtful space planning combine to create uniquely personable homes. Expansive floor plans allow for space to create your ideal living area complete with an east facing balcony. All residences are appointed with exceptional lifestyle accoutrements, such as custom cabinetry, Wolf, Sub-Zero, and Bosch appliances. Grand master suite with porcelain bath and separate vanity area features Kohler, Grohe and Duravit fixtures. All bedrooms are generous in size, each with it’s own walk-in closet. Surround yourself in abundant comfort and brilliant style.
At just over a million dollars for a unit, the economic incentives to replace historic structures for high-end modernist replacements is compelling.

1000 W Monroe [John Morris/Chicago Patterns]

[John Morris/Chicago Patterns]

[John Morris/Chicago Patterns]

[John Morris/Chicago Patterns]
This building’s promotional paragraph need a proofreader. Check the spelling!!!