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1631 MONROE ST Evanston, IL 60202
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Key Details
Sold Price $870,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12407378
Style Georgian
Bedrooms 9
Year Built 1927
Annual Tax Amount $13,981
Tax Year 2023
Property Sub-Type Two to Four Units
Property Description
Rare opportunity to invest in this restored & renovated, stately Evanston 3-Flat! Start fresh with new tenants at the estimated rental rates of $2,250 per unit or more. ------ Originally built in 1928, with fine exterior and interior details and flourishes, the owner just completed a multi-year renovation to create beautiful open kitchens, renovated bathrooms, hardwood flooring throughout, restored ceilings & walls, all new plumbing & lighting fixtures, including ceiling fans and more. ------ All three kitchens feature quartz counters, brand new stainless-steel appliances including built-in microwaves & dishwashers. The restoration includes mostly new windows, a new roof, new rear concrete walk-way, and a gravel driveway for parking. Each unit has 3 bedrooms, a large living room, and a full-size, separate dining room, that opens up to the kitchen, plus an unheated, fully enclosed bonus room for storage, relaxation, or full-time seasonal use. ------ The renovation includes new electric service to the building and all new wiring to each unit. Also, plumbing lines to each unit were replaced. The ground level garage space(2) are now used for storage on one side and laundry on the other side. A new owner can obtain coin/pay operated laundry machines or regular laundry machines to be installed at the supply, drain, gas, and electric line connections. ------ Since the building has been vacant for 2+ years, we do not have reliable estimates for utilities and maintenance, however, minimal lawn care is needed and the tenants pay their own cooking gas and electric. The single basement, boiler serves radiator heat to each unit. ------ You or your tenants will enjoy a convenient lifestyle with easy access to the Crown Recreation Center and Library, Washington Elementary School, 4 Suns Juice Bar, Walgreens, Food4Less, Valli Grocery & more.
Location
State IL
County Cook
Area Evanston
Zoning MULTI
Interior
Heating Natural Gas, Steam, Radiator(s)
Equipment CO Detectors, Ceiling Fan(s), Water Heater-Gas
Exterior
Community Features Curbs, Sidewalks, Street Lights, Street Paved
Roof Type Rubber
Building
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Brick
New Construction false
New Construction false
Schools
Elementary Schools Washington Elementary School
Middle Schools Nichols Middle School
High Schools Evanston Twp High School
School District 65 , 65, 202
Others
Special Listing Condition List Broker Must Accompany
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Altran Payne • Compass
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Chris Buckely
IL/IN/MI Managing Broker | License ID: IN- RB17001753 | IL- 477013311
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