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2661 W Monroe Street Chicago, IL 60612 • Multi Unit - Multiple • Active

  • 2661 W Monroe Street, Chicago, IL 60612 Main Photo

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Description

**NEW CONSTRUCTION | LUXURY 3-UNIT | EXCEPTIONAL INCOME POTENTIAL!** An exciting opportunity to own a stunning, newly constructed three-unit property situated on an oversized corner lot, just minutes from the United Center and the highly anticipated **1901 Project**. Thoughtfully designed with modern luxury, generous living space, and investment potential in mind, this property stands apart! Each of the **three expansive 3-bedroom, 2-bath residences** offers an impressive open-concept layout with 9-foot ceilings, contemporary finishes, and spacious living areas designed for comfort and entertaining. The beautifully appointed kitchens feature **quartz countertops, black stainless steel appliances, 42-inch cabinetry, under-cabinet LED lighting, and oversized islands** that create the perfect gathering space. Additional highlights include LED lighting throughout, all-electric appliances, and convenient in-unit washer/dryer. The primary suites offer a spa-inspired experience with **72-inch double vanities, oversized walk-in showers, and luxurious bathroom finishes**. Outside, the oversized corner lot is complemented by wrought-iron fencing and exterior parking with prewired EV charging capability. Beyond the impressive finishes, the income potential is equally attractive, with **projected rents of approximately $2,800 per unit-an estimated $8,400 monthly or $100,800 annually in gross rental income at full occupancy**. Conveniently located near the United Center, The 1901 Project, downtown Chicago, public transportation, and major expressways. **Three luxury residences. Nine bedrooms. Six bathrooms. One exceptional opportunity!** Whether expanding an investment portfolio or exploring owner-occupancy with rental income potential, 2661 W Monroe delivers the space, style, and possibilities worth exploring.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 9
Bathrooms: 6
County: Cook
Listed By:
Fulton Grace Realty 773-698-6648
MRED MLS
$1,079,999
Est. $8,763/mo
9beds
6baths
Active
BEDS9 BATHS6 full MLS#12792923
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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Ruhl&Ruhl Realtors
563.441.1776

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2661 W Monroe Street, Chicago, IL 60612.

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Loan Type FHA 30 Year Fixed15 Year FixedVA 30 year fixed
Purchase Price $1,079,999$1,079,999$1,079,999
Down Payment $37,800$270,000$0
Monthly Mortgage Amount $6,966$6,945$7,433
Taxes $1503$1503$1503
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $648$0$0
Monthly Estimated Total $9,432$8,763$9,251

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