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    2526 W Monroe St Chicago, IL 60612

    Sponsored
    For Sale
    $619,000

    Residential Income - Chicago, IL

    Lot size:
    0.07 Acres
    Days on Market:
    89
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 2526 W Monroe St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    APN
    16132020300000
    Parking
    2
    Lot size
    0.07 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1880
    Architectural style
    Other

    Keller Williams Chicago ONEChicago (312) 216-2422 [email protected]

    Listing agent Giancarlo Chavez (312) 216-2422 License #475156074

    Listing date Oct 9, 2025

    MLS# 12488165 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chicago Multifamily Investment Opportunity

    Located in the Near West Side neighborhood of Chicago, this multi-unit property at 2526 W Monroe presents an investment opportunity. The property is situated minutes from the United Center and a $7 billion redevelopment initiative. The second- and third-floor duplex includes five bedrooms and two full bathrooms. The first-floor unit features two bedrooms and one bathroom, with the potential to add a third bedroom. Approved architectural plans for an Accessory Dwelling Unit (ADU) are secured, offering additional value-add potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6899843
    Latitude
    41.8804176

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    FAQs

    What type of property is this?
    Apartment building - Multi-unit property near United Center with ADU potential.
    Where is this apartment building located?
    The property is located at 2526 W Monroe St Chicago, IL.
    What is the asking price?
    The asking price for this property is $619,000.
    What are key features of this property?
    This property features: - Prime location in Chicago's Near West Side, near the United Center and a $7 billion redevelopment project.; - Multi-unit property featuring a spacious 5-bedroom duplex (2nd/3rd floor) and a 2-bedroom unit (1st floor) for immediate income.; - Approved architectural plans for an Accessory Dwelling Unit (ADU) offer significant value-add potential.
    (312) 869-1888
    Request Owner's contact information
    2526 W Monroe St Chicago, IL 60612
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    Chicago, IL 60612
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2526 W Monroe St Chicago, IL 60612
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