8 W Monroe St #1401, Chicago IL 60603
1 br 1 ba 656 sqft Single-Family Home| $229,000 |
Price reduced by $21,000
Description provided by Trulia.
Description provided by Realty Trac.
Listing Details
| Status | For Sale |
| Listing Type | Resale |
| MLS/Source ID | 07051614 |
| Price/sqft | $349 |
| Total views (as of 7/10/09) |
265 |
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 06/03/2009 | Price change | $229,000 | Jean Wright Real Estate |
| 02/08/2009 | Price change | $250,000 | Jean Wright Real Estate |
Contact info
Provided by: Jean Wright Real Estate
Inquire about this property
Street view
This property
$229,000
$229,000
Similar homes for sale
$270,750
$270,750
Recently sold homes
$232,083
$232,083
Similar homes for sale
Average listing price is $270,750
Recently sold homes
Average sales price is $232,083
| This home | ||
|---|---|---|
| Listing price: | $229,000 | |
| Compared to similar homes | ||
|---|---|---|
| Avg. listing price: | $270,750 | -15% |
| Avg. sales price: | $232,083 | -1% |
| Compared to Loop | ||
|---|---|---|
| Avg. listing price: | $524,242 | -56% |
| Avg. sales price: | $409,457 | -44% |
| Avg. price/sqft: | $1,395 | -75% |
Comparisons are relative to similar homes on Trulia and are intended as a
guide only. Home values are affected by many factors—find out more
| This home | ||
|---|---|---|
| Listing price: | $229,000 | |
| Compared to Chicago | ||
|---|---|---|
| Avg. listing price: | $463,831 | -51% |
| Avg. sales price: | $277,543 | -17% |
| Avg. price/sqft: | $121 | +188% |
Elementary
Middle
High
| SCHOOL NAME | SCHOOL TYPE | PARENT RATING | DISTANCE (mi) | TEST RATING |
|---|---|---|---|---|
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Chicago International Charter School
Chicago Public School District 299 |
Public | 0.16 | ||
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Chicago Virtual Charter School
Chicago Public School District 299 |
Public | 0.42 | ||
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Daystar School
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Private | 0.74 | ||
| five star its a wonderful school | ||||
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Frances X Warde - Osp
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Catholic | 0.84 | ||
| As a former studet, I can say that FXW was the most amazing experience of my life. I spent my entire childhood and adolesence as a member of the FXW community,… | ||||
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St Patrick School
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Catholic | 0.84 | ||
View all schools in:
Chicago Public School District 299
Proximity to this address does not guarantee enrollment eligibility. Please contact a local real estate pro for more info
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Open house times for:8 W Monroe St #1401, Chicago IL 60603 |
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Recent Q&A in Loop, Chicago, IL
| Communities near 8 W Monroe St #1401, Chicago | ||||||||||||||
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This Single-Family Home located at 8 W Monroe St, Chicago IL, 60603 is currently for sale and has been listed on Trulia for 248 days. This property is listed by Jean Wright Real Estate for $229,000. 8 W Monroe St #1401 has has 1 bed, 1 bath, and approximately 656 square feet. The property was built in 1923. 8 W Monroe St is in the Loop neighborhood in Chicago and in ZIP Code 60603. The list price of $229,000 is 56% lower than the average list price of $524,242 for Loop real estate, 43% lower than the average list price of $403,076 for 60603 real estate, and 51% lower than the average list price of $463,831 for Chicago, IL real estate. The price for this property is 44% lower than the average sales price of $409,457 for Loop, 57% lower than the average sales price of $527,009 for 60603, and 17% lower than the average sales price of $277,543 for Chicago. The price per square foot for this property is $349, which is 75% lower than the average of $1,395 for LoopThe price per square foot for this property is $349, which is 189% higher than the average of $121 for Chicago.
School information provided by OnBoard Informatics Copyright (c) 2008. Information is deemed reliable but not guaranteed.
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Pre-Foreclosure (Notice of Default or Lis Pendens)
The foreclosure process begins when a borrower/owner defaults on loan payments and the lender files a public default notice, called a Notice of Default or Lis Pendens. Buying a property in pre-foreclosure involves approaching the borrower/owner and offering to buy the property outright. Auction (Notice of Trustee Sale or Notice of Foreclosure Sale) If the loan is not reinstated by the end of the pre-foreclosure period, potential buyers can bid on the property at a public auction. Buyers often are required to pay in cash at the auction and may not have much time to research the title and condition of the property beforehand; however, a public auction often offers some of the best bargains and avoids the unpredictability of dealing directly with the borrower/owner. Bank-owned (Real Estate Owned) If the lender takes ownership of the property, either through an agreement with the owner during pre-foreclosure or at the public auction, the lender will usually want to re-sell the property to recover the unpaid loan amount. The lender will then typically clear the title and perform needed maintenance and repair; however, the potential bargain for these REO homes is typically less than a pre-foreclosure or auction property. |
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Home price comparisons are relative to similar homes on Trulia (a close match to the home you're looking at based on how close it is, property type, size, number of bedrooms and bathrooms). Home buyers should note that property value estimates are affected by many factors and should only be used as a guide. Factors affecting home values include things like:
For further advice when evaluating a home, contact a local real estate professional. |
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A similar home is a close match to the home you're looking at based on property type, number of bedrooms and bathrooms, property age, and of course how close it is. Comparing similar homes (either for sale or sold) with the home you're looking at can help you establish a context for the listing price. Simply put, it's price comparison for houses!
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