2324 W Monroe Street Chicago, IL $ 849,900
2324 W Monroe Street
$ 849,900
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2324 W Monroe Street

Chicago, IL, 60612
$ 849,900
Bedrooms9 Baths6.0 Sq 4,900

Monthly Estimate*

$ 5,649

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Multi-Family Home for sale in Chicago, IL

for $849,900 with 9 bedrooms and 6 full baths. This 4,900 square foot home was built in 1897.

Welcome to this fantastic investment opportunity in Chicago, IL 60612! This multi-unit property was a full permited gut renovation and features 3 units, with one of them being a highly successful Airbnb that grosses approximately $60,000 a year. After deducting professional management, cleaning costs, and fees, the net income to the owner is estimated at around $36,000 annually all furniture and picture will be included in the sale. In addition to its profitable rental income potential, this property also boasts tastefully furnished interiors that will impress guests and tenants alike. The modern design and amenities make it an attractive place to stay for visitors looking to experience all that Chicago has to offer. Located in a thriving neighborhood with easy access to transportation, dining, and entertainment options, this property is truly a gem for savvy investors looking to expand their real estate portfolio. Don't miss out on this incredible opportunity - schedule a showing today!

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Multi-Family Contingent

Price

$ 849,900

Bedrooms

9

Full Bath

6

Property Type

Multi-Family

Taxes

$ 15,258

Style

Brownstone

Year Built

1897

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12038434

Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Roof Rubber
Exterior Features Deck Breezeway
Zoning MULTI
Architectural Style Brownstone
Year Built 1897
Township Hyde Park
Tax Year 2022
Percent Ownership Fee Simple
Gross Income 93480
Community Features Park Sidewalks Street Lights
County Cook
Net Operating Income 74622
Insurance Expense 2400
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 18
Status Contingent
Directions South on Western left on Monroe
City Chicago
High School District 299
MLS Area CHI - Near West Side
Waterfront Y/N N
Street Name Monroe
Tax Annual Amount 15258.59
Trash Expense 600
Water Sewer Expense 600
Virtual Tour https://real.vision/2324-west-monroe-street?o=u
Days on Market 24
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Full English Finished Concrete (Basement)
Street Suffix Street
Total Bedrooms 9
Total Baths 6
Bedrooms Possible 9
Bathrooom Separate Shower Soaking Tub
Full Baths Building 6
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Assigned
Lot Features Corner Lot
Water Source Lake Michigan
Total Parking 3
Foundation Details Concrete Perimeter
Lot Dimensions 2 965
Other Equipment CO Detectors Ceiling Fan(s) Sump Pump Multiple Water Heaters Water Heater-Electric
Exterior Brick
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* Excluded Features
List By
Dream Town Real Estate

Broker

mitirpatel@gmail.com;mitirpatel@dreamtown.com

Email

Affordability Calculator

$6,920
Per Month
82%
18%
0%
Monthly Principal & Interest
$5,649
Monthly Property Taxes
$1,272
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/14/2024$849,900 Listed Price

Map


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2324 W Monroe Street, Chicago, IL, 60612 is a Multi-Family Home for sale at $849,900 with 4,900 sqft. 2324 W Monroe Street has 9 bedrooms, 6.0 baths, and was built in 1897. The property's zip code is 60612 which is in Chicago, IL