1240 W Monroe Street #5
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 |
|---|---|---|---|
| May 12, 2023 | Sold | ||
| Sold | |||
| Apr 6, 2023 | Listed by RE/MAX of Naperville | $615,000 | |
| Listed by RE/MAX of Naperville | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 27, 2020 | In contract | - | |
| In contract | |||
| Jun 24, 2020 | Listed | $550,000 | |
| Listed | |||
| | |||
|
PLEASE CLICK ON 3D TOUR FOR A VIRTUAL WALK THROUGH. What an amazing opportunity to own a townhome in the heart of the hot West Loop!!! This home features an ATTACHED 2 car garage and across the street from the infamous Skinner Elementary School! A tri-level townhome with 2 bedrooms plus a large den on the main level. Many upgrades to the unit including high efficiency windows throughout, recently remodeled bathroom, custom built wall in living room with electric fireplace, built out closets, granite counters, tons of kitchen cabinet space, stainless steel appliances, balcony off the kitchen, spacious bedrooms and a large den that could be used as an office, made into an additional living space or even converted to a third bedroom. LOW MONTHLY ASSESSMENTS! Complex features a quiet, charming courtyard. Walking distance to 2 parks for children, 2 dog parks, tennis courts, restaurant row and all of the restaurants/retail booming in fulton market. Do not miss out on this opportunity!
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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 |
|---|---|---|---|---|---|---|---|
|
07/14/2025
|
2 Bed
|
2 Bath
|
1651 ft²
|
$620,000
2 Bed
2 Bath
1651 ft²
|
$615,000
-0.81%
08/22/2025
|
Luke Blahnik
@properties Christie's International Real Estate
| |
|
04/06/2023
|
2 Bed
|
2 Bath
|
-
|
$615,000
2 Bed
2 Bath
|
$615,000
05/12/2023
|
Sophia Su
RE/MAX of Naperville
| |
|
04/19/2022
|
2 Bed
|
2 Bath
|
1935 ft²
|
$599,990
2 Bed
2 Bath
1935 ft²
|
-
-
|
Melanie Giglio
Compass
| |
|
12/17/2020
|
2 Bed
|
2 Bath
|
2030 ft²
|
$549,000
2 Bed
2 Bath
2030 ft²
|
$549,000
05/06/2021
|
Jeffrey Lowe
| |
|
06/24/2020
|
2 Bed
|
2 Bath
|
-
|
$550,000
2 Bed
2 Bath
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017