NOT LISTED FOR SALE

3111 W Monroe St Chicago, IL 60612

Garfield Park Neighborhood
8 Beds
2 Baths
2,246 Sq Ft
2,178 Sq Ft Lot

Last Sold July 30, 2021

Last sale price $315,000 $140 Per Sq Ft

5 Days on Market

Highlights

  • Deck
  • Porch
  • Forced Air Heating System
  • Balcony

About This Home

As of July 2021

The Perfect Turn Key Investment! If you're looking for a two unit to add to your portfolio, look no further. This property has recently been renovated and is ready and waiting to become your next Investment. This eight bedrooms and two baths is ready for someone to make a profit in cash flow every month. A four bedroom apartment in this area is going for $1400- $1600 a month x 2 units = $3200 in rent. Separate new furnaces (2020) for each unit. All new bathrooms, hardwood floors in all units. Extra clean! Stainless steel kitchen appliances in both units. Fully fenced secure yard, large functional laundry room with extra storage space in the basement. This is a well maintained SOLID BRICK BUILDING. You will not find a better investment building in this area!

Last Agent to Sell the Property

Hugo Araujo

Coldwell Banker Realty License #475175528 Listed on: 06/09/2021

Coldwell Banker Realty

Last Buyer's Agent

Elizabeth Jones

Keller Williams ONEChicago License #475171277

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,817

Year Built

  • Built in 1895

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 86 x 25

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • On-Street Parking
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Outdoor Features

  • Balcony
  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,817

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1895
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Porch
  • List Price: 319995
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned, Off Street, Side Apron
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 86 X 25
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2817.32
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2021 07/30/21 Sold $315,000 -1.6% $140 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $319,995 +52.4% $142 / Sq Ft
04/20/2018 04/20/18 Sold $210,000 -8.7% $93 / Sq Ft View Prior Sale
03/28/2018 03/28/18 Pending -- -- --
02/14/2018 02/14/18 For Sale $229,900 -- $102 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Hugo Araujo

    Seller's Agent in 2021

    Hugo Araujo

    Coldwell Banker Realty

    (773) 550-4846

    1 in this area

    170 Total Sales

    Hugo Araujo
    Section Image

  • E

    Buyer's Agent in 2021

    Elizabeth Jones

    Keller Williams ONEChicago

    1 in this area

    138 Total Sales

    Elizabeth Jones
    Section Image
  • Mark Raffaelli

    Seller's Agent in 2018

    Mark Raffaelli

    Jameson Sotheby's Intl Realty

    (312) 371-4812

    83 Total Sales

    Mark Raffaelli
    Section Image
  • Melissa Edidin

    Buyer's Agent in 2018

    Melissa Edidin

    @ Properties

    (312) 865-0004

    110 Total Sales

    Melissa Edidin
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11116408

Midwest Real Estate Data (MRED)

APN: 16131070270000

Illinois Cook County Chicago 60612 Garfield Park

3111 W Monroe St, Chicago, IL

This home is located at 3111 W Monroe St, Chicago, IL 60612 since 09 June 2021. This property was built in 1895. 3111 W Monroe St is a home located in Cook County with nearby schools including Faraday Elementary School, Marshall Metropolitan High School, and A. Locke Charter Elementary Academy.

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