1244 W Monroe Street #7
About This Property
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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 |
|---|---|---|---|
| Jul 19, 2024 | Sold | ||
| Sold | |||
| Jun 23, 2024 | In contract | - | |
| In contract | |||
| Jun 17, 2024 | Listed by Compass | $599,995 | |
| Listed by Compass | |||
| | |||
|
Welcome to this sun-drenched 2-bedroom + den, 2-bath townhome in a prime West Loop location, right across the street from Skinner School and Skinner Park! As you enter this townhome community, you are welcomed by a beautiful, lush courtyard that offers a feeling of privacy all while being in the middle of it all! The spacious 1580 sq ft, 3-level townhome with an attached 2-car garage offers an abundance of natural sunlight with soaring ceilings, beautiful Brazilian cherry hardwood floors, York maple kitchen cabinets, granite countertops, a breakfast bar, premium stainless steel appliances, upgraded light fixtures, and a large / private outdoor space with new Trex Decking right off the kitchen, perfect for summer BBQs or a cup of coffee in the morning. Upstairs are two spacious bedrooms with large windows, ample closet space, and an in-unit washer/dryer. The downstairs den makes for a perfect home office or flex space; with one full bathroom, the possibilities are endless! Unbeatable Central West Loop location! Steps from award-winning schools Skinner West Elementary and Whitney Young High School, public transportation, parks, shopping, and the hottest restaurants in West Loop! An amazing space with an amazing value, make it yours today!!
| |||
| Jan 23, 2019 | Sold | ||
| Sold | |||
| Jul 2, 2018 | Listed by Compass | $494,900 | |
| Listed by Compass | |||
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