1631 Monroe St Evanston, IL 60202
Estimated payment $6,048/month
Highlights
- Very Popular Property
- Georgian Architecture
- Enclosed patio or porch
- Nichols Middle School Rated A-
- Lower Floor Utility Room
- Ceiling Fan
About This Home
Rare opportunity to invest in this restored & renovated, stately Evanston 3-Flat! Start fresh with new tenants at the estimated rental rates of $2,250 per unit or more. ------ Originally built in 1928, with fine exterior and interior details and flourishes, the owner just completed a multi-year renovation to create beautiful open kitchens, renovated bathrooms, hardwood flooring throughout, restored ceilings & walls, all new plumbing & lighting fixtures, including ceiling fans and more. ------ All three kitchens feature quartz counters, brand new stainless-steel appliances including built-in microwaves & dishwashers. The restoration includes mostly new windows, a new roof, new rear concrete walk-way, and a gravel driveway for parking. Each unit has 3 bedrooms, a large living room, and a full-size, separate dining room, that opens up to the kitchen, plus an unheated, fully enclosed bonus room for storage, relaxation, or full-time seasonal use. ------ The renovation includes new electric service to the building and all new wiring to each unit. Also, plumbing lines to each unit were replaced. The ground level garage space(2) are now used for storage on one side and laundry on the other side. A new owner can obtain coin/pay operated laundry machines or regular laundry machines to be installed at the supply, drain, gas, and electric line connections. ------ Since the building has been vacant for 2+ years, we do not have reliable estimates for utilities and maintenance, however, minimal lawn care is needed and the tenants pay their own cooking gas and electric. The single basement, boiler serves radiator heat to each unit. ------ You or your tenants will enjoy a convenient lifestyle with easy access to the Crown Recreation Center and Library, Washington Elementary School, 4 Suns Juice Bar, Walgreens, Food4Less, Valli Grocery & more.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,981
Year Built
- Built in 1927 | Remodeled in 2024
Lot Details
- Lot Dimensions are 35' x 123'
- Paved or Partially Paved Lot
Home Design
- Georgian Architecture
- Brick Exterior Construction
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- Ceiling Fan
- Lower Floor Utility Room
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Potential Bedrooms
- 3 Bathrooms
Parking
- 3 Parking Spaces
- Off Alley Parking
- Parking Included in Price
Outdoor Features
- Enclosed patio or porch
Schools
- Washington Elementary School
- Nichols Middle School
- Evanston Twp High School
Utilities
- Radiator
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Lake Michigan Water
- Gas Water Heater
Community Details
- 3 Units
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | For Sale | $880,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12407378
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