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1620 Monroe Street, Evanston, IL 60202
This well-maintained, solid brick 3 unit building is situated in a highly sought-after Evanston location and is fully occupied-perfect for investors or owner-occupants looking to generate rental income. First and Second floor units offer spacious layouts featuring 3 bedrooms, 2-full bathrooms, a bright front living room, and an open-concept kitchen and dining area. Garden unit is a comfortable 2 bedroom, 1 bathroom apartment with an open kitchen and living space. Each unit has separate utilities, providing convenience and efficiency for tenants. Common coin-operated laundry in the lower level for additional income and three off-alley exterior parking spaces. Whether you're looking for a steady income-generating asset or you're an owner occupant that wants to collect rent, this property offers versatility and potential. Don't miss out on this prime opportunity-schedule your showing today! SOLD AS-IS. MULTIPLE OFFERS, HIGHEST AND BEST DUE BY TUESDAY, JANUARY 14. 10AM.
Overview for 1620 Monroe Street, Evanston
Number of Units3
Taxes$13,412
Sq. Footage-
Lot Size-
Bedrooms8
Bathrooms5
Laundry-
Neighborhood
Unit Floor Level-
Property StatusClosed
Property TypeTwo to Four Units
MLS #12256607
List DateJan 08, 2025
Days on Market7
List Price$689,900
Closed DateMar 04, 2025
Investment Details for 1620 Monroe Street, Evanston
| Unit # | Floor Level | Sq Ft | Rooms | Beds | Baths | Sec Deposit | Rent | Lease Exp |
|---|---|---|---|---|---|---|---|---|
| Unit #1 | 1 | 0 | 6 | 3 | 2 | $1,450 | $1,509 | 8/25 |
| Unit #2 | 2 | 0 | 6 | 3 | 2 | $1,450 | $1,509 | 07/25 |
| Unit #3 | G | 0 | 5 | 2 | 1 | $1,300 | $1,300 | 04/25 |
Financial Info for 1620 Monroe Street, Evanston
- Gross Income$49,200
- Annual Net Operating Income-
- Other IncomeCoin Laundry
- Other Expense-
- Janitor Expense-
- Water Expense-
- Repairs / Decor Expense-
- Fuel Expense-
- Trash Expense-
- Manager Expense-
- Electricity Expense-
- Insurance Expense-
Interior Features for 1620 Monroe Street, Evanston
Bathroom Information
- # of Baths: 5
Heating and Cooling
- Heating Fuel: Natural Gas, Forced Air 0
School information for 1620 Monroe Street, Evanston
- Elementary School-
- Elementary School District65
- Middle or Junior School-
- Middle or Junior School District65
- High School-
- High School District201
Payment Calculator for 1620 Monroe Street, Evanston
Exterior, Parking & Pets for 1620 Monroe Street, Evanston
- Lot Size35 X 123
- OwnershipFee Simple
- Built before 1978Yes
- Age61-70 Years
- ExteriorBrick
- RoofFlat
- Community FeaturesSidewalks, Street Lights
- PoolNo Private
- WaterfrontNo
- Parking
- # Of Cars: 3
- Parking details: Space/s
- Included in Price (At Least 1 Space)
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Neighborhood for 1620 Monroe Street, Evanston
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Evanston
Located just 12 miles north of Downtown Chicago, Evanston is one of Chicagoland’s closest suburbs to the Windy City and perhaps most widely recognized for being home to Northwestern University. Prospective home buyers love Evanston for its lively downtown and easy access to the Lake Michigan shoreline, and its collection of stately historic homes positioned on quiet, tree-lined streets help make it the perfect place to find your forever home.
Schools near 1620 Monroe Street, Evanston
| School Information | Type | Grades | Rating |
|---|---|---|---|
Washington Elementary School  0.3 ml | Public | KG-5 |   5 |
Chute Middle School 0.3 ml | Public | 6-8 | 4 |
Dawes Elementary School 0.4 ml | Public | KG-5 | 6 |
Rice Childrens Center 0.5 ml | Public | 1-8 | NR |
Oakton Elementary School 0.6 ml | Public | KG-5 | 4 |
Facts for 1620 Monroe Street, Evanston
773-985-7700
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Fulton Grace Realty are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.