Chicago, IL 60612 2324 W Monroe Street

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Presented By: Dream Town Real Estate
  • MLS# 12038434
  • 05/14/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 9
  • Baths • 6
  • SQFT • 4,900

Home Details

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!
Presented By: Dream Town Real Estate

Interior Features for 2324 W Monroe Street

Bedrooms

Bedrooms Possible9
Total Bedrooms9

Bathrooms

BathroomSeparate Shower, Soaking Tub
Full Baths Building6
Half Baths Building
Total Baths6

Other Interior Features

BasementFull, English
BasementFinished, Concrete (Basement)
Total Number of Units3

General for 2324 W Monroe Street

Architectural StyleBrownstone
CityChicago
Community FeaturesPark, Sidewalks, Street Lights
ContingencyAttorney/Inspection
CountyCook
Days on Market24
DirectionsSouth on Western, left on Monroe
Elementary School District299
Exterior FeaturesDeck, Breezeway
Gross Income93480
HeatingNatural Gas, Forced Air
High School District299
Insurance Expense2400
MLS AreaCHI - Near West Side
MaintenanceExpense1200
Middle/Junior School District299
Net Operating Income74622
New ConstructionNo
Percent OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofRubber
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount15258.59
Tax Year2022
Total Rooms18
TownshipHyde Park
Trash Expense600
Virtual TourClick here
Water Sewer Expense600
Waterfront Y/NNo
Year Built1897
ZoningMULTI

Exterior for 2324 W Monroe Street

ExteriorBrick
Foundation DetailsConcrete Perimeter
Lot Dimensions2, 965
Lot FeaturesCorner Lot
Other EquipmentCO Detectors, Ceiling Fan(s), Sump Pump, Multiple Water Heaters, Water Heater-Electric
Parking FeaturesAssigned
Total Parking3
Water SourceLake Michigan

Additional Details

Price History

Worth Clark

Price $849,900
MLS#12038434
List Date 05/14/2024
Property Type Contingent
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