$639,000
●
Townhouse -
Off Market
1244 W Monroe Street #4
Chicago, IL 60607
2 Beds
3 Baths,
1
Half Bath
1,651 Ft²
$4,281
Est. Monthly
$230
HOA / Fees
2.68%
Cap Rate
About This Property
One of a kind, 2br and 2.5 bath home, across from Skinner School,
and Skinner Park. Enter this spacious home through a quiet
charming courtyard. Renovations in the last 5 years include
new kitchen, new guest bath on 2nd level, new full bathroom added
in 2nd bedroom, and new tile shower in Primary Bedroom. Other
additions include stainless steel refrigerator, dishwasher, and
stove. All natural Oak floors on 1st and 2nd level. Enjoy
summer and fall on the large outside deck off kitchen. LOW MONTHLY
ASSESSMENTS! Walking distance to 2 dog parks, tennis courts,
restaurant row and all of the West Loop restaurants/retail and
booming Fulton market. Close to Chicago blue line and easy access
to the Kennedy & Eisenhower. Do not miss out on this opportunity!
Unit Size
1,651 Ft²
Days on Market
-
Land Size
-
Price per sqft
$387
Property Type
Townhouse
Property Taxes
$913
HOA Dues
$230
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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%.
How much can I actually make?
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.
Last updated: 3 years ago (MRED MLS #11984761)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 3, 2024 | Sold | ||
| Sold | |||
| Mar 13, 2024 | Listed by Cavan Realty Incorporated | $639,000 | |
| Listed by Cavan Realty Incorporated | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Total Number of Parking: 2
Garage Spaces: 2
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Attached
Interior Details
Bedrooms: 2
Bathrooms: 3
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Hardwood Floors, Laundry Hook-Up in Unit
Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Disposal
Rooms: 6
Basement: None
Basement Description: None
Exterior Details
Ownership: Fee Simple w/ HO Assn.
Exterior Building Type: Brick
Age: 16-20 Years
Rebuilt(Y/N): No
Parcel Number: 17171050800000
Property Type: Residential
Year Built: 2006
No Disability Access
Special Conditions: List Broker Must Accompany
Exterior Features: Balcony, Storms/Screens
Lot Features: Fenced Yard
Lot Size Dimensions: 1651
Water Source: Lake Michigan
Financial Details
Tax Year: 2022
Tax Annual Amount: $10,953
Tax Exemptions: None
Utilities Details
Cooling: Central Air
Heating: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
Township: West Chicago
Corporate Limits: Chicago
Directions: HALSTED TO MONROE, WEST ON MONROE (2 way street) TO 1244 UNIT 4
County or Parish: Cook
Elementary School District: 299
Middle Or Junior School District: 299
High School District: 299
Other Details
Association Fee Includes: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Association Fee: $230
Association Fee Freq: Monthly
Holds Earnest Money: Yes
Some Photos Virtually Staged (Y/N): No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/27/2024
|
2 Bed
|
2 Bath
|
1651 ft²
|
$624,995
2 Bed
2 Bath
1651 ft²
|
$633,000
+1.28%
11/04/2024
|
Michael Mandile
Compass
| |
|
06/17/2024
|
2 Bed
|
2 Bath
|
1589 ft²
|
$599,995
2 Bed
2 Bath
1589 ft²
|
$620,000
+3.33%
07/19/2024
|
Michael Mandile
Compass
| |
|
03/13/2024
|
2 Bed
|
3 Bath
|
1651 ft²
|
$639,000
2 Bed
3 Bath
1651 ft²
|
$639,000
05/03/2024
|
Vince McGuire
Cavan Realty Incorporated
| |
|
11/27/2022
|
2 Bed
|
2 Bath
|
1600 ft²
|
$569,900
2 Bed
2 Bath
1600 ft²
|
$535,000
-6.12%
01/18/2023
|
Paul Molinelli
Richard Cohn Real Estate
| |
|
09/26/2022
|
2 Bed
|
2 Bath
|
-
|
$549,000
2 Bed
2 Bath
|
$540,000
-1.64%
11/21/2022
|
John Casale
d'aprile properties
| |
|
03/14/2022
|
2 Bed
|
2 Bath
|
1651 ft²
|
$615,000
2 Bed
2 Bath
1651 ft²
|
$595,000
-3.25%
03/18/2022
|
Melanie Giglio
Compass
| |
|
03/17/2021
|
2 Bed
|
2 Bath
|
1651 ft²
|
$615,000
2 Bed
2 Bath
1651 ft²
|
-
-
|
-
| |
|
07/02/2018
|
2 Bed
|
2 Bath
|
1589 ft²
|
$494,900
2 Bed
2 Bath
1589 ft²
|
$475,000
-4.02%
01/23/2019
|
Kathleen Smith
Compass
| |
|
12/02/2006
|
2 Bed
|
2 Bath
|
1589 ft²
|
$459,900
2 Bed
2 Bath
1589 ft²
|
$450,000
-2.15%
01/31/2007
|
Jennifer Long
Vylla Home
|
Building Info
About West Side
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Listed by: Vince McGuire, Cavan Realty Incorporated
Last Updated: 3 years ago
Data Source: MRED, MLS# 11984761
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11984761
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