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$ 688,000

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2236 W Monroe ST Chicago, IL 60612

6 Beds

UPDATED:

08/18/2024 05:07 AM

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12005398

Bedrooms 6

Year Built 1875

Annual Tax Amount $12,067

Tax Year 2022

Lot Dimensions 7020

Property Description

Four blocks from the United Center. Get in before the developement begins. This Oversized lot (35 x 200), zoned R-5 encompasses a unique 2 units vintage Property that was demo & renovated in 2014. in 2014 all new Electric, Plumbing, Heating and Cooling Systems, Windows, Floors, Doors, & Shingle Roof was added. Both units has over 1850 sq ft of living space with the second unit duplexed up to an unfinished attic space that can be used for storage or additional living space. The First floor unit enjoys the use of a duplexed open unfinished basement with high ceilings & a roughed in space to add another bath ready for your refinishing ideas. Enjoy the convenience of a maintenance deferred property with a beautifully landscapped front yard with wrought iron fence. Bed rooms are all very spacious and will accommodate king sized bedding sets. Spacious kitchens on both floors with 42" Mahogany and Maple cabinets. Granite Kitchen counter tops and cermanic titled floors on both floors. Living areas are very generous. 1st floor unit hard wood flooring was also added in 2014. This unique property is conveniently located within a very walkable neighborhood and good public transportation. Close distance to Malcolm X College, Rush Univ Med Center, United Center, Stroger Hospital, Pete's Fresh Market, Chase Bank, Illinois Medical District, I-290 Expressway for easy access to Downtown Chicago or the Western , South & North Suburbs. Property is currently tenant occupied both with a MTM lease. Rents are: $2,049 for first floor and $1800 for second floor. total monthly rents of $3,849.00 could be higher. Long term tenants, rents have not been increased for the area. Add this oversized very desireable 2 flat to your investment portfolio for a positive income or Live in one unit and enjoy the comfort rents could afford your clients for an enjoyable Single Family style living. Large back yard leads to an open 3 car parking pad. Newer Townhomes on block selling over 1MM. Walk to Elementary school in next block. Walking distance to the United Center, Minutes to Downtown Chicago. Bring your pre approved buyers and make your offer today. This area is targeted for a 7B redevelopment project which will substantially increase the property value surrounding. Get in while you can. Don't hesitate. Make your offer today. Developers, Investors, Owner Occupants. Build your wealth today.

Location

State IL

County Cook

Area Chi - Near West Side

Zoning MULTI

Rooms

Basement Full, Walkout

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Exterior Feature Deck, Porch, Storms/Screens, Cable Access, Breezeway

Community Features Park, Sidewalks, Street Lights, Street Paved

Waterfront false

Roof Type Asphalt

Parking Type Alley Access, Rear/Side Entry

Building

Lot Description Fenced Yard

Dwelling Type Two to Four Units

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

Elementary Schools Dett Elementary School

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Gloria Spencer-McGee • Baker-Spencer Realty, LLC

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