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2324 W Monroe Street Chicago, IL 60612
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Key Details
Sold Price $840,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12038434
Sold Date 07/08/24
Style Brownstone
Bedrooms 9
Year Built 1897
Annual Tax Amount $15,258
Tax Year 2022
Lot Dimensions 2,965
Property Description
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!
Location
State IL
County Cook
Community Park, Sidewalks, Street Lights
Zoning MULTI
Rooms
Basement Full, English
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Exterior Feature Deck, Breezeway
Waterfront false
View Y/N true
Roof Type Rubber
Parking Type Assigned
Building
Lot Description Corner Lot
Foundation Concrete Perimeter
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Yousif Baghdadi • Real People Realty Inc