1045 W MONROE Street #1
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 29, 2022 | Sold | ||
| Sold | |||
| Mar 10, 2022 | Listed by Compass | $1,024,900 | |
| Listed by Compass | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Sep 22, 2021 | No longer available | - | |
| No longer available | |||
| Sep 7, 2021 | Listed by Redfin Corporation | $1,099,000 | |
| Listed by Redfin Corporation | |||
| | |||
|
Welcome home to this massive duplex-down condo situated on the beautiful tree-lined Monroe St in this highly sought-after, prime West Loop location! No detail was missed in this impeccably renovated 3 bed/3 bath duplex. This home checks all the boxes- high ceilings, hardwood floors all throughout, gorgeous open kitchen concept-perfect for entertaining. The floorplan flows perfectly with two living spaces including a private balcony off of the front living room as well as a shared rooftop space with jaw dropping views. No detail was missed in the chef-inspired kitchen with custom cabinets with gold hardware, quartz waterfall countertops, high-end appliances (Wolf-Range, built-in microwave, French-door fridge/freezer). The large primary bedroom is highlighted with a custom walk-in closet, en suite bathroom that features a steam shower, heated floors, Jacuzzi tub & dual vanity, and heated towel rack. All bathrooms were completely renovated with custom, designer selected tile. The home is complete with a 2 Car Garage including a Tesla charger, brand New Washer/dryer in unit, many new light fixtures, and a new water heater. Unbeatable location, just a short distance to incredible restaurants and nightlife, Mary Bartelme Park/Skinner Park, Mariano's, Whole Foods, Target, public transportation, and so much more! Skinner School District! Don't miss an incredible opportunity to own your dream home in the West Loop! The manager has listed the unit size as 2700 square feet.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/12/2023
|
2 Bed
|
2 Bath
|
1572 ft²
|
$699,900
2 Bed
2 Bath
1572 ft²
|
$715,000
+2.16%
01/31/2024
|
Ivona Kutermankiewicz
Berkshire Hathaway HomeServices Chicago
| |
|
03/10/2022
|
3 Bed
|
3 Bath
|
2700 ft²
|
$1,024,900
3 Bed
3 Bath
2700 ft²
|
$990,000
-3.41%
04/29/2022
|
Mark Raffaelli
Compass
| |
|
09/07/2021
|
3 Bed
|
3 Bath
|
2700 ft²
|
$1,099,000
3 Bed
3 Bath
2700 ft²
|
-
-
|
Keith Brand
Redfin Corporation
| |
|
07/31/2020
|
3 Bed
|
3 Bath
|
2700 ft²
|
$949,900
3 Bed
3 Bath
2700 ft²
|
-
-
|
-
| |
|
03/06/2020
|
2 Bed
|
2 Bath
|
1572 ft²
|
$635,000
2 Bed
2 Bath
1572 ft²
|
-
-
|
-
| |
|
08/08/2019
|
2 Bed
|
2 Bath
|
1572 ft²
|
$649,900
2 Bed
2 Bath
1572 ft²
|
-
-
|
-
| |
|
08/07/2018
|
3 Bed
|
3 Bath
|
2700 ft²
|
-
3 Bed
3 Bath
2700 ft²
|
-
-
|
-
| |
|
11/22/2010
|
2 Bed
|
2 Bath
|
1500 ft²
|
$407,500
2 Bed
2 Bath
1500 ft²
|
$384,000
-5.77%
04/27/2011
|
Cris Sallmen, ABR,CRS,SRES
Berkshire Hathaway HomeServices Chicago
| |
|
06/22/2006
|
2 Bed
|
2 Bath
|
-
|
$489,900
2 Bed
2 Bath
|
$490,500
+0.12%
07/26/2007
|
Ivona Kutermankiewicz
Berkshire Hathaway HomeServices Chicago
| |
|
06/22/2006
|
3 Bed
|
3 Bath
|
-
|
$649,900
3 Bed
3 Bath
|
$635,000
-2.29%
06/18/2007
|
Ivona Kutermankiewicz
Berkshire Hathaway HomeServices Chicago
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017