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!
Closed
$840,000
2324 W Monroe St, Chicago, IL 60612
9beds
--sqft
Multi Family
Built in 1897
-- sqft lot
$887,600 Zestimate®
$--/sqft
$1,843 Estimated rent
Home value
$887,600
$790,000 - $994,000
$1,843/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: July 11, 2024 at 01:01am
Listing courtesy of:
Mitir Patel 773-326-6500,
Dream Town Real Estate
Bought with:
Yousif Baghdadi
Real People Realty Inc
Source: MRED as distributed by MLS GRID,MLS#: 12038434
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
- Full bathrooms: 6
Bathroom
- Features: Separate Shower, Soaking Tub
Heating
- Natural Gas, Forced Air
Appliances
- Included: Multiple Water Heaters, Electric Water Heater
Features
- Basement: Finished,Concrete,Full,Daylight
Property
Parking
- Total spaces: 3
- Parking features: Assigned, On Site, Owned
Features
- Patio & porch: Deck
- Exterior features: Breezeway
Lot
- Size: 2,965 sqft
- Features: Corner Lot
Details
- Parcel number: 17181000290000
- Zoning: MULTI
- Special conditions: None
- Other equipment: Ceiling Fan(s), Sump Pump
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Brownstone
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Rubber
Condition
- New construction: No
- Year built: 1897
- Major remodel year: 2019
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s)
Community
- Community features: Park, Sidewalks, Street Lights
Location
- Region: Chicago
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 2/5/2025 | Sold | $840,000 |
Source: Public Record | ||
| 7/8/2024 | Sold | $840,000-1.2% |
Source:  MRED as distributed by MLS GRID #12038434 | ||
| 6/6/2024 | Contingent | $849,900 |
Source: MRED as distributed by MLS GRID #12038434 | ||
| 5/14/2024 | Listed for sale | $849,900+324.9% |
Source: MRED as distributed by MLS GRID #12038434 | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $10,571 -30.7% | $49,932 -32.5% |
| 2022 | $15,259 +70.4% | $73,933 +66.6% |
| 2021 | $8,954 +38.1% | $44,379 +53% |
Find assessor info on the county website
Neighborhood: Near West Side
Nearby schools
GreatSchools rating
- 2/10Dett Elementary SchoolGrades: PK-8Distance: 0.2 mi
- 1/10Marshall Metropolitan High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$887,600
2% more+ $17,752
With Zillow Showcase(estimated)
$905,352