2526 W Monroe ST new

Chicago,IL 60612

$ 619000

6 Beds

3 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12488165

Bedrooms 6

Year Built 1880

Annual Tax Amount $7,621

Tax Year 2023

Lot Size 3,049 Sqft

Property Sub-Type Two to Four Units

Property Description

Discover the Pinnacle of Urban Living at 2526 W Monroe Welcome to an extraordinary investment opportunity at 2526 W Monroe, perfectly situated in the vibrant and highly sought-after Near West Side neighborhood of Chicago. This prime property is poised for exponential growth, mere minutes from the iconic United Center and the groundbreaking $7 billion redevelopment initiative that's transforming the city's landscape into a hub of innovation and luxury. Ideal for savvy investors or discerning families, this multi-unit gem offers unparalleled versatility-whether you're seeking a lucrative rental portfolio or a generous residence with built-in income streams. The expansive second- and third-floor duplex boasts five spacious bedrooms and two full bathrooms, thoughtfully designed for modern family living or premium tenant appeal. Complementing this is the inviting first-floor unit, featuring two bedrooms and one bathroom, ready to generate immediate incomes. First floor unit is large enough to add a 3rd bedroom to boost rental performance. Adding to its allure, the current owner has secured approved architectural plans for an Accessory Dwelling Unit (ADU), unlocking tremendous value-add potential in one of Chicago's most dynamic and desirable enclaves. Seize this rare chance to elevate your real estate portfolio-contact us today to arrange a private viewing and claim your stake in Chicago's thriving future!

Location

State IL

County Cook

Area Chi - Near West Side

Zoning MULTI

Interior

Heating Natural Gas

Exterior

Garage Spaces 2.0

Building

Dwelling Type Two to Four Units

Building Description Brick,Frame, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick,Frame

New Construction false

Schools

School District 299 ,299, 299

Others

Special Listing Condition None

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