2823 W Monroe Street Chicago, IL ^$ 349,000

2823 W Monroe Street

^$ 349,000

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Recently Listed New Construction

2823 W Monroe Street

Chicago, IL, 60612

^$ 349,000

Bedrooms-- Baths0.0

Monthly Estimate*

^$ 2,204

2823 W Monroe Street, Chicago, IL 60612 - Image 1

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2823 W Monroe Street, Chicago, IL 60612 - Image 7

Lots and Land for sale in Chicago, IL

for $349,000.

Permit-ready 8-unit development site about 1 mile west of the United Center. Three contiguous RT-4 parcels totaling 6,981 SF (approx. 56.25 x 124.1) with a complete architect's permit set for a 4-story building of eight 3-bed/2-bath units of approx. 1,374 SF each. By-right design: two ground-floor Type A units allow 8 units with no zoning change. Type III-A, non-sprinklered construction to keep costs down. Four parking pad spaces off the alley. Transit-served, about 0.4 mi to the California Green/Pink Line. Building permit application filed Sept 2026. Nearby: the $7B 1901 Project now under construction around the United Center, new 8-flats permitted on Madison, and steady new 3-flat construction. Skip 12+ months of design and permitting. Offering memorandum, plat of survey and plans excerpt attached. All three parcels sold together.

Lots and Land Active

Price

^$ 349,000

Property Type

Lots and Land

Taxes

^$ 2,106

Style

Multi-Family

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12771915

Features

General

Sewer Public Sewer

Utilities Electricity Nearby Natural Gas Nearby Water Nearby

Possession Closing

Township West Chicago

Tax Year 2025

Current Use Multi-Family

Ownership Fee Simple

Additional Parcels Description 16131090160000 16131090140000

County Cook

Property Type Land Land

Status New

Directions From Madison St & California Ave: S on California to Monroe St W (right) on Monroe. Lots on S side of street just W of California.

City Chicago

High School District 299

MLS Area CHI - East Garfield Park

Tax Annual Amount 2106.37

Additional Parcels Y/N Y

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Exterior

Total Parking 0

Lot Dimensions 56.25 x 124.1

Road Surface Type Asphalt

Frontage Length 56.25

Frontage Type City Street Alley Access

Waterfront Y/N N

Interior

Total Baths 0

* Excluded Features

List By

Devise Property Group Llc

Broker

damondance@gmail.com

Affordability Calculator

$2,379

Per Month

Monthly Principal & Interest: $2,204
Monthly Property Taxes: $176
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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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Nearby

Trends
Schools

Lots and land listings in Chicago, IL

Average List Price ^$166,625

Percent of Sale Price 52%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/29/2026	$349,000		Listed Price

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2823 W Monroe Street, Chicago, IL, 60612 is a Lots and Land for sale at $349,000. 2823 W Monroe Street has 0.0 baths. The property's zip code is 60612 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 9/29/2026.

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2823 W Monroe Street

Lots and Land for sale in Chicago, IL

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