1244 West Monroe Street #6
About This Property
The manager has listed the unit size as 1651 square feet.
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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.
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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 |
|---|---|---|---|
| Nov 4, 2024 | Sold | ||
| Sold | |||
| Sep 11, 2024 | In contract | - | |
| In contract | |||
| Aug 27, 2024 | Listed | $624,995 | |
| Listed | |||
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West Loop is the Best Loop! Welcome to 1244 W Monroe Street, a private and serene gated community in an unbeatable location, just steps from award-winning schools Skinner West Elementary and Whitney Young High School, public transportation, parks, shopping, and the hottest restaurants in the West Loop! This 1,651 sq ft, 3-level townhome offers a highly desirable floor plan. As you step inside, you are greeted by a first-level den, perfect for an in-law suite or home office, with easy access from the 2-car attached garage. The spacious second floor boasts abundant natural sunlight, an oversized bathroom, soaring ceilings, beautiful maple floors, 42" kitchen cabinets, granite countertops, a breakfast bar, premium stainless steel appliances (including a newer refrigerator), and a 15' balcony with private unobstructed park views. This is one of only four townhomes in the community with these stunning park views. The top level offers two spacious bedrooms with large windows, ample closet space, and a newer in-unit washer/dryer. Notable upgrades include a convenient Nest thermostat and a newer A/C & HVAC system to name a few! Unbeatable Central West Loop location! Live in the heart of it all-make it yours today!
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| Mar 18, 2022 | Sold | ||
| Sold | |||
| Mar 14, 2022 | Listed | $615,000 | |
| Listed | |||
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|
West Loop! This is what you have been waiting for! Tri- level townhome In a gated community in an amazing location across the street from the park! Walk into your first level open den/office space with built in closets and attached 2 car garage. Then head up to the 2nd level which includes a large living room and dining room combo with beautiful dark stained maple floors that lead out to a 15' balcony with beautiful park views perfect for summer entertaining. This is only one of four townhomes that is not obstructed and has these park views! Kitchen features 42" cabinets, granite countertops and stainless steel appliances but we are about to start renovation with refinishing the cabinets, adding quartz countertops and leveling out the breakfast bar so you have an opportunity to purchase at this price or wait for the work to be finished as the price will be increasing. A full bath is also conveniently located on this level as well. Top level includes 2 spacious and light-filled bedrooms. Updated bathroom w/double vanity & tub w/8" Glacier Bay shower head. In-unit washer & dryer. Contemporary light fixtures and Nest thermostat. New A/C & HVAC was installed in 2017. A++ location! Close to great restaurants on Randolph St and Madison, Fulton Market District, Greektown, coffee shops & nightlife. Minutes to shopping, Mariano's, Whole Foods, Target, CTA, Green/Pink/Blue 'L' and major expressways. Across the street from Skinner school district.
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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 |
|---|---|---|---|---|---|---|---|
|
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
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017