Brick Two-Flat with ADU
New
For Sale
$347,900
3311 W Monroe St, Chicago, IL 60624
RM-5 zoning and a full unfinished basement support continued residential redevelopment of this two-unit property.
Property SizeContact for details
Lot Size0.10 Acres
Days on Market3
Property Features for 3311 W Monroe St
General Information
Standard status
Active
Lot size
0.10 Acres
Property subtype
Multi-Family
Zoning
RM-5
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Building Details
Year Built
1897
Buildings
1
Construction
brick
Listing Agency:
Compass
(773) 469-1025
Listed By:
Vanessa Smith · License #475171665
Source:
Saladinosells
Added: Aug 29
Last Checked: Aug 30 at 7:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
Investment Insights
Based on property information with market context.
Built in 1897, this brick duplex has completed exterior work that includes a new roof, new back porch, stabilized masonry, and new City of Chicago water service. Interior framing and blocking are in place for a planned three-bedroom, two-bath layout on each floor, while the full unfinished basement offers additional interior area. Architectural plans and on-site materials may convey with the sale.
The property occupies an extra-long 25ft x 180.65ft lot and carries RM-5 zoning. The property is eligible for at least one ADU per the city's website. Located on W Monroe St in Chicago's East Garfield Park, it is near schools, public transit, and downtown. The owner of the adjacent vacant lot is open to a separate sale negotiation.
The property occupies an extra-long 25ft x 180.65ft lot and carries RM-5 zoning. The property is eligible for at least one ADU per the city's website. Located on W Monroe St in Chicago's East Garfield Park, it is near schools, public transit, and downtown. The owner of the adjacent vacant lot is open to a separate sale negotiation.
Key Highlights
- Two‑unit brick property built in 1897
- New roof, new back porch, stabilized masonry, and new City of Chicago water service
- Interior framing and blocking completed for planned 3 bed/2 bath layouts on each floor
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
885
Businesses Nearby
Explore this area
Business Placement
Demographics for 60624, IL
37,547
Population
16,250
Households
2.3
Avg Household Size
34
Median Age
13%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
10,728
Density / Sq Mi
$32,607
Median Household Income
$30,924
Median Earnings
$1,152
Median Rent
$223,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - RM-5 zoning and a full unfinished basement support continued residential redevelopment of this two-unit property.
Where is this duplex located?
The property is located at 3311 W Monroe St Chicago, IL.
What is the asking price?
The asking price for this property is $347,900.
What are key features of this property?
This property features: Two‑unit brick property built in 1897; New roof, new back porch, stabilized masonry, and new City of Chicago water service; Interior framing and blocking completed for planned 3 bed/2 bath layouts on each floor
