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6 Properties Within 0.5 miles of: 1631 Monroe, Evanston

1631 Monroe
Evanston, IL 60202

  • 9 Beds
  • Built In 1927
Price

$880,000

Est Payment
$5,830 / month (details)  
Taxes
$13,981  
Beds
9  
Rooms
13  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
35' X 123'  
Built
1927  
Neighborhood
Evanston  
MLS
#12407378
Status
Active (0 days)

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 lower level has former garage spaces, which 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 existing washer/dryer 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.

Property Map

Property Details

Utilities

  • Heating Natural Gas, Steam, Radiator(s)
  • Cooling
  • Water Lake Michigan, Public
  • Sewer Public Sewer

Additional Information

Parking
3 Parking Spaces, Off Alley, On Site, Owned, Parking included in price
Schools
Evanston Twp High School (202), Nichols Middle School (65), Washington Elementary School (65)

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

07-01-2025 Listed at $880,000
Last Modified 7/1/25 1:01 PM

Nearby Transportation

  • Bus 206 0.2 mi
  • Bus 93 0.2 mi
  • Bus 97 0.3 mi
  • Bus 201 0.5 mi
  • Bus 49B 0.9 mi
  • Bus 11 1.1 mi
  • Union Pacific North 0.9 mi
  • Purple Line 0.9 mi
  • I 94 West 3.0 mi
  • I 94 East 3.1 mi
  • Hwy 41 North 4.9 mi
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