843 W MONROE Street #2A
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 2, 2023 | Sold | ||
| Sold | |||
| Sep 3, 2023 | Listed by Redfin Corporation | $469,900 | |
| Listed by Redfin Corporation | |||
| | |||
|
This move-in ready 2 bed/2 bath condo in the ideal West Loop location has the outdoor space that you have been looking for! The enormous 500 sq. ft. private outdoor terrace is ideal for entertaining and a large covered portion is great for year-round enjoyment. 10-ft ceilings in this concrete loft offer character and a large open living space. The spacious primary bedroom suite has a walk-in closet with built in organizers and it overlooks the terrace. The following upgrades were completed in 2017: all new appliances, water heater, AC/furnace, toilets, and bathroom exhaust fans. Additional upgrades completed in 2021/22 are fresh paint, the natural oak hardwood floors were refinished and the kitchen cabinetry was professionally refinished. Additional features are in-unit laundry and a walk-in coat closet/pantry. Attached heated garage parking and an additional massive full-height storage cage are included in the list price. Pet and investor friendly boutique elevator building. Best location in the city in the heart of the West Loop with convenient access to Mary Bartelme Park, Whole Foods, Mariano's, Randolph - Restaurant Row, SOHO House, Parlour Pizza, and the Loop. Deeded Parking space P9 (17172140191087). Assigned storage cage 2A. No rental cap and 16/61 units are currently rented. $350/month HOA fee includes fast 1G internet! The entire facade was tuckpointed in 2023, there is currently a hallway renovation project in progress, HOA reserves as of 7/31/2023 are a healthy $392K, and no special assessments are currently planned or proposed. Furniture available as well.
| |||
| Aug 24, 2021 | Sold | ||
| Sold | |||
| Jun 15, 2021 | Listed by Compass | $450,000 | |
| Listed by Compass | |||
| Jun 25, 2008 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/09/2025
|
2 Bed
|
2 Bath
|
1600 ft²
|
$750,000
2 Bed
2 Bath
1600 ft²
|
$740,000
-1.33%
07/31/2025
|
Lyn Harvie
Baird & Warner
| |
|
09/03/2023
|
2 Bed
|
2 Bath
|
-
|
$469,900
2 Bed
2 Bath
|
$460,000
-2.11%
11/02/2023
|
Nicholaos Voutsinas
Redfin Corporation
| |
|
03/01/2023
|
2 Bed
|
2 Bath
|
1600 ft²
|
$650,000
2 Bed
2 Bath
1600 ft²
|
$635,000
-2.31%
05/04/2023
|
Jon Dimetros
Main Street Real Estate Group
| |
|
03/01/2023
| |
2 Bed
|
2 Bath
|
1600 ft²
|
$670,000
2 Bed
2 Bath
1600 ft²
|
-
-
|
Jon Dimetros
Main Street Real Estate Group
|
|
02/03/2022
|
3 Bed
|
2 Bath
|
2906 ft²
|
$1,300,000
3 Bed
2 Bath
2906 ft²
|
-
-
|
Matt Laricy
Americorp, Ltd
| |
|
01/27/2022
|
3 Bed
|
2 Bath
|
1596 ft²
|
$650,000
3 Bed
2 Bath
1596 ft²
|
$650,000
03/04/2022
|
Michael Mandile
Compass
| |
|
10/08/2021
|
2 Bed
|
2 Bath
|
1600 ft²
|
$652,000
2 Bed
2 Bath
1600 ft²
|
-
-
|
Chad Miller
Keller Williams ONEChicago
| |
|
06/15/2021
|
2 Bed
|
2 Bath
|
-
|
$450,000
2 Bed
2 Bath
|
$440,000
-2.22%
08/24/2021
|
Steven Kehoe
Compass
| |
|
05/12/2021
|
2 Bed
|
2 Bath
|
1100 ft²
|
$465,000
2 Bed
2 Bath
1100 ft²
|
$445,000
-4.30%
06/28/2021
|
Christopher Mundy
@properties Christie's International Real Estate
| |
|
01/21/2008
|
2 Bed
|
2 Bath
|
-
|
$350,000
2 Bed
2 Bath
|
$365,000
+4.29%
06/25/2008
|
David Wolf
Wolf Residential Group LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017