2251 Monroe Street, Near West Side, Chicago, Illinois 60612
$779,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 10 |
| Baths: | 5 |
| Year Built: | 1865 |
| Property Taxes: | $10,455 |
| Days On Market: | 1978 |
| Lot Size: | 0,09 |
Description
Incredible opportunity to own Meticulously Rehabbed TURNKEY 2-Flat (w/ Garden Unit) in FAST APPRECIATING Near West Side. Perfect for the OWNER INVESTOR to live in the MASSIVE 2F Apartment and have rents your PAY MORTGAGE! A investor can rent that unit out at market rate and achieve an 8%+ CAP RATE! ($6,150/mo rental income) There is nothing you need to do as within last 5 years IMPROVEMENTS include; Plumbing COMPLETELY RE-DONE from the street in, New FURNACES/AC UNITS + DUCT-WORK, Electrical Supply, HARDWOOD FLOORING, Roof Sealed, MASSIVE DECKS, Condo Quality FINISHED UNITS, & MORE! This is a UNICORN in an AMAZING LOCATION; Walk to BLUE LINE, Groceries, PARKS, Restaurants... Convenient to MEDICAL CENTER, UIC, & Only 6 MIN DRIVE to SEARS/WILLIS TOWER. UNIT 2 (5 bed/2bath): Owner (Market Rent $2700/MO) UNIT 1 (4 bed/2bath): $2500/MO Lease Ends 7/27/21 GARDEN (1bed/1bath): $950/MO Lease Ends 8/31/20 (Tenant would like to Renew) (Seller makes no representation of non-conforming garden unit)
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1865 | |
| Full | |
| — | |
| No | |
| 0.09 |
| Cook | |
| — | |
| — / — | |
| — | |
| Lake Michigan | |
| Public Sewer | |
| 10770711 | |
| 17181070050000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 12 Dec, 2013 | Sold | $387,500 | MRED MLS |
| 7 Nov, 2013 | Under contract | $429,000 | MRED MLS |
| 23 Oct, 2013 | Listed for sale | $429,000 | MRED MLS |
| 16 Sep, 2020 | Sold | $779,000 | MRED MLS |
| 31 Jul, 2020 | Under contract | $779,000 | MRED MLS |
| 17 Jul, 2020 | Listed for sale | $779,000 | MRED MLS |
Room Specifics
Total Bedrooms: 10
Bedrooms Above Ground: 10
Bedrooms Below Ground: 0
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Full Bathrooms: 5
Bathroom Amenities: Separate Shower,European Shower,No Tub
Bathroom in Basement: 0
Rooms: Foyer,Utility Room-Lower Level
Basement Description: Finished
Other Specifics
| — | |
| Concrete Perimeter | |
| — | |
| Deck, Breezeway | |
| Fenced Yard | |
| 2698 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| Park, Curbs, Gated, Sidewalks, Street Lights, Street Paved | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2013 | $3,211 |
| 2020 | $10,455 |
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Listing Provided By
North Clybourn Group, Inc.
