2823 W Monroe Street , Chicago, IL 60612

$349,000
  • 2823 W Monroe Street , Chicago, IL 60612 Main Photo

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New to the Market New
LOT SIZE 56.25 x 124.1 MLS#12771915
STATUSNew PROPERTY TYPELand - Residential SCHOOLDistrict 299

Property Description

Permit-ready 8-unit development site about 1 mile west of the United Center. Three contiguous RT-4 parcels totaling 6,981 SF (approx. 56.25 x 124.1) with a complete architect's permit set for a 4-story building of eight 3-bed/2-bath units of approx. 1,374 SF each. By-right design: two ground-floor Type A units allow 8 units with no zoning change. Type III-A, non-sprinklered construction to keep costs down. Four parking pad spaces off the alley. Transit-served, about 0.4 mi to the California Green/Pink Line. Building permit application filed Sept 2026. Nearby: the $7B 1901 Project now under construction around the United Center, new 8-flats permitted on Madison, and steady new 3-flat construction. Skip 12+ months of design and permitting. Offering memorandum, plat of survey and plans excerpt attached. All three parcels sold together.

2823 W Monroe Street | MLS# 12771915

This land located at 2823 W Monroe Street , Chicago, IL 60612 is currently listed for sale with an asking price of $349,000. The property has approximately 0.16 Acres. W Monroe Street is located within the District 299 school district. Search Chicago real estate on www.gogambino.com today.

Property Features

Property Type: Land - Residential
Lot Size: 0.16 Acres
Taxes: $2,106

Feature Descriptions

Current Use: Multi-Family
Frontage: 56.25
Frontage Type: City Street, Alley Access
Lot Dimensions: 56.25 x 124.1
Parcel#: 16131090150000
Road Surface: Asphalt
Township: West Chicago
Utilities: Electricity Nearby, Natural Gas Nearby, Water Nearby

Local Schools

School District: District 299

Listed By / Shown By

Listed By

Agency Name: Devise Property Group LLC
Agency Phone: 312-519-9065

Shown By

Agency Title: Gambino Realtors
Agency Phone: 815-282-2222

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Estimated Payment

$ 1,862.56 per month $1,585.27 Principal & Interest $175.50 Property Tax $101.79 Homeowner's Insurance

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