Erik Schwab
Corcoran Urban Real Estate
(312) 957-7984
81 Total Sales
2 in United Center
$253K - $255K Price Range
2324 W Monroe St Chicago, IL 60612
United Center Neighborhood
9
Beds
6
Baths
--
Sq Ft
2,614
Sq Ft Lot
Highlights
- Brownstone
- Property is near park
- Soaking Tub
- Deck
- Corner Lot
- 4-minute walk to Park No. 489
About This Home
As of July 2024Welcome 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!
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,259
Year Built
- Built in 1897 | Remodeled in 2019
Lot Details
- 2,614
Home Design
- Brownstone
- Brick Exterior Construction
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- Ceiling Fan
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Potential Bedrooms
- 6 Bathrooms
- Soaking Tub
- Separate Shower
Finished Basement
- English Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Parking
- 3 Parking Spaces
- Uncovered Parking
- Parking Included in Price
- Assigned Parking
Outdoor Features
- Deck
- Breezeway
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
- Multiple Water Heaters
- Electric Water Heater
Additional Features
- Corner Lot
- Property is near park
Community Details
Overview
- 3 Units
Building Details
- Insurance Expense $2,400
- Maintenance Expense $1,200
- Trash Expense $600
- Water Sewer Expense $600
- Gross Income $93,480
- Net Operating Income $74,622
Home Values in the Area
Average Home Value in this Area
Agents Specializing in United Center, IL
-
Erik Schwab
-
Jim Moore
Jim Moore
Key Realty Indiana, LLC
(219) 356-3719
112 Total Sales
1 in United Center
$459,000 Price
-
Tyler Stallings
Tyler Stallings
Corcoran Urban Real Estate
(513) 586-5876
129 Total Sales
1 in United Center
$742,500 Price
-
Kimberly Brychel
Kimberly Brychel
@properties Christie's International Real Estate
(888) 670-6671
64 Total Sales
1 in United Center
$499,000 Price
-
Darren Allen
Darren Allen
Real Broker LLC
(224) 507-1815
291 Total Sales
1 in United Center
$472,500 Price
-
Rafay Qamar
Rafay Qamar
Real Broker LLC
(833) 359-9113
1,072 Total Sales
7 in United Center
$210K - $473K Price Range
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/08/2024 07/08/24 | Sold | $840,000 | -1.2% | -- | |
| 06/04/2024 06/04/24 | Pending | -- | -- | -- | |
| 05/14/2024 05/14/24 | For Sale | $849,900 | +325.0% | -- | |
| 07/27/2016 07/27/16 | Sold | $200,000 | +0.1% | -- | View Prior Sale |
| 06/30/2016 06/30/16 | Pending | -- | -- | -- | |
| 06/15/2016 06/15/16 | For Sale | $199,900 | 0.0% | -- | |
| 06/10/2016 06/10/16 | Pending | -- | -- | -- | |
| 06/09/2016 06/09/16 | For Sale | $199,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,571 | $55,990 | $18,383 | $37,607 |
| 2024 | $10,571 | $55,990 | $18,383 | $37,607 |
| 2023 | $15,259 | $49,932 | $14,825 | $35,107 |
| 2022 | $15,259 | $73,933 | $14,825 | $59,108 |
| 2021 | $8,954 | $44,379 | $14,825 | $29,554 |
| 2020 | $6,484 | $29,010 | $10,081 | $18,929 |
| 2019 | $6,571 | $32,596 | $10,081 | $22,515 |
| 2018 | $2,890 | $14,584 | $10,081 | $4,503 |
| 2017 | $2,656 | $12,295 | $8,895 | $3,400 |
| 2016 | $3,144 | $15,695 | $8,895 | $6,800 |
| 2015 | $7,861 | $42,899 | $8,895 | $34,004 |
| 2014 | $5,389 | $29,046 | $7,412 | $21,634 |
| 2013 | $5,283 | $29,046 | $7,412 | $21,634 |
Source: Public Records
Agents Affiliated with this Home
-
Mitir Patel
Seller's Agent in 2024
Mitir Patel
Essex 312, LLC
(773) 209-4785
2 in this area
97 Total Sales
-
joey baghdadi
Buyer's Agent in 2024
joey baghdadi
Real People Realty
(312) 919-4118
1 in this area
14 Total Sales
-
Ryan Casper
Seller's Agent in 2016
Ryan Casper
eXp Realty
(773) 341-2750
116 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12038434
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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