843 West MONROE Street #3A
About This Property
The manager has listed the unit size as 1600 square feet.
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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 |
|---|---|---|---|
| Mar 11, 2022 | Sold | ||
| Sold | |||
| Dec 2, 2021 | No longer available | - | |
| No longer available | |||
| Nov 30, 2021 | Listed | $652,000 | |
| Listed | |||
| | |||
|
Available now is a highly upgraded 2 bed 2 bath condo with a den, in a boutique elevator building nestled in the best part of the West Loop. The unit boasts a wide open floor plan with hardwood floors throughout, and has both northern and southern exposure from TWO private balconies, with over 400 square feet of outdoor space. The concrete construction and smart layout ensures the entire building has ample insulation for sound. The large combined living and dining room is perfect for entertaining, and features a gas fireplace surrounded by built-in cabinets, space for a dining table, easy access to the front balcony, and an amazing Chef's kitchen. The high end Chef's kitchen consists of a Sub Zero refrigerator, Wolf range, Bosch dishwasher, a wall mounted pot filler (over the range), granite counters, and a commercial grade sink and faucet. Ample cabinet storage and counter space at the large breakfast bar. Off the kitchen is a large walk-in pantry closet with a second refrigerator, and even more storage. The hallway leads past the in-unit LG washer & dryer, and then past an office nook that can easily be converted to a 3rd bedroom. The two fully enclosed bedrooms each lead to your own private outdoor oasis in the city, the enormous back balcony. The balcony is lighted, wired for power, has water, is partially covered, and was upgraded to include gas for your outdoor grill. The primary bedroom includes a custom organized walk-in closet, and an updated en-suite bathroom. The parking is indoor, attached, deeded, and heated. It also comes with ample storage in the basement with a large deeded storage room, and a separate assigned storage cage. Gigabit fiber optic internet is included in the monthly assessments. Incredible location next to Mary Bartolome Park, which includes a fountain plaza, a children's playground, a sunken dog park, an open lawn area, a viewing hill, an enclosed seating area, a large outdoor sculpture, and hosts the Green City Market. You'll find yourself situated within walking distance to Mariano's, Walgreens, Whole Foods, and everything Greek town has to offer, as well as all the Randolph, Madison, and Fulton street restaurants, shops, and bars. It's a short walk to the CTA Green or Blue line, or into the loop. If you don't feel like walking, you've got plenty of bus options as well. Super quick and easy access to I-90 / I-94, or I-290.
| |||
| Oct 8, 2021 | Listed | $652,000 | |
| Listed | |||
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