1631 Monroe, Evanston IL 60202
$880,000

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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 ground level garage space(2) 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 supply, drain, gas, and electric line 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.

Features & Information

Key Details

  • List Price $880,000
  • Property Taxes $13,981.02
  • Price/ Sq. Ft. Unavailable
  • Year Built 1927
  • Parking Type Space/s
  • Status New

Rooms

  • Total Rooms 13
  • Basement E

Exterior Features

  • Parking

  • Parking Details Space/s
  • # of Cars:  3

Building Information

  • Number of Units 3
  • Age of Building 91-100 Years
  • Exterior Construction Brick
  • Foundation Concrete
  • Heating & Cooling Gas, Hot Water/Steam, Radiators
  • Units

  • Unit 1 Stove, Refrigerator, Dishwasher, Microwave
  • Unit 2 Stove, Refrigerator, Dishwasher, Microwave
  • Unit 3 Stove, Refrigerator, Dishwasher, Microwave

Location

  • County Cook
  • Township Evanston
  • Corporate Limits Evanston
  • Directions to Property From Main St., Dewey Ave. South To Monroe St., East To 1631
  • Schools

  • Elementary School District 65
  • School Name Washington Elementary Sch
  • Junior High District 65
  • School Name Nichols Middle School
  • High School District: 202
  • School Name Evanston Twp High School
  • Property Taxes

  • Tax 13981.02
  • Tax Year 2023
  • Tax Exemptions None
  • Parcel Identification Number 10244090170000

Utilities

  • Sewer Sewer-Publ

Listed by Robert Parris for Manchester Realty | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 7/5/2025 8:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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