3617 Monroe St

Lansing, IL 60438

$195,000
Price
4
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Description

Positioned on a desirable corner lot in the established community of Lansing, this income-producing 3-bedroom, 2-bath ranch presents a compelling opportunity for investors seeking stable cash flow and portfolio growth. The property is tenant occupied with $1,950/month in rental income, offering immediate revenue from day one. With a finished basement and efficient layout, the home provides strong rental appeal and long-term tenant demand in the South Suburban rental market. Interior features include...Positioned on a desirable corner lot in the established community of Lansing, this income-producing 3-bedroom, 2-bath ranch presents a compelling opportunity for investors seeking stable cash flow and portfolio growth. The property is tenant occupied with $1,950/month in rental income, offering immediate revenue from day one. With a finished basement and efficient layout, the home provides strong rental appeal and long-term tenant demand in the South Suburban rental market. Interior features include hardwood and wood-laminate flooring, a convenient main-level bedroom and full bathroom, and a finished basement that expands usable living space ideal for recreation, storage, or flexible tenant use. Additional highlights include a fenced yard, a 3-season room, and a detached garage. The location offers excellent accessibility near retail, dining, and daily conveniences, with quick connectivity to Interstate 94 providing a direct commute to surrounding suburbs and Chicago. Investor Advantage: This property can also be acquired individually or as part of a larger portfolio package, with three additional performing rental properties available, creating an opportunity for investors seeking scale, efficiency, and immediate income across multiple assets.
  1. Listed by Christopher Anthony • Keller Williams ONEChicago
    P: (312)-804-0693 C: (312)-804-0693 christopheranthony@kw.com;ChristopherAnthony@kw.com
  2. Listed by Alexie Rivero • Keller Williams ONEChicago
    P: (773)-749-8318 alexierivero@gmail.com;alexierivero@kw.com

Property Details for 3617 Monroe Street

Area
Lansing
Township
Thornton
Ownership
Fee Simple
Num Of Garage Spaces
1.0
Num Of Parking Spaces
1.0
Parking Included in Price
Yes
Air Conditioning Type
None
Heat/Fuel
Natural Gas
LISTING UPDATED: 03/20/2026 05:56 PM

Property Details for 3617 Monroe Street

StatusNew
MLS #12594305
Days on Market5
Taxes$5,957 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeDetached Single / 1 Story
Year Built1953
Lot Size0.12 AC / 5,227 SF
CountyCook County
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Location

Listing Courtesy of Keller Williams ONEChicago
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Building Information for 3617 Monroe Street

Stories-Year Built1953Building Size-Lot Size0.12 AC / 5,227 SF

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$1,443 per month

30 year fixed, 6.11% Interest

Principal and Interest

$946

Property Taxes

$496

HOA Dues

$0

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Property Information for 3617 Monroe Street

General Information
School Information
  • Elementary School District: 158
  • Elementary School: Coolidge Elementary School
  • Jr High Middle School: Memorial Junior High School
  • High School District: 215
  • High School: Thornton Fractnl So High School
  • Middle Or Junior School District: 158
Addtl Parking Information
  • Parking Details: Off Alley, Garage Door Opener, Yes, Garage Owned, Detached, Garage
Taxes and HOA Information
  • Association Fee Frequency: Not Applicable
  • Association Fee Includes: None
  • Master Association Fee Frequency: Not Required
  • Additional Parcels: Yes
Property Information
Interior Features
  • Num Of Rooms: 8
  • Bedrooms Total: 2
  • Bedrooms (Below Grade): 2
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Basement Type: Finished, Full
  • Bedrooms Possible: 4
  • Air Conditioning: None
  • Basement Bathrooms: No
  • Room Type: No additional rooms
  • Num of Baths: 2.0
Exterior Features
  • Type: 1 Story
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan, Public
  • Appliances: Range, Refrigerator
  • Other Equipment: CO Detectors, Sump Pump
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 71-80 Years
  • Type Detached: 1 Story
  • Total Sq Ft: 0
  • Aprox Total Finished Sq Ft: 0
  • Total Finished and Unfin Sq Ft: 0
  • Lot Size: Less Than .25 Acre
  • Lot Size Source: County Records
  • Lot Dimensions: 40x134
  • Other Structures: Shed(s)
  • Waterfront: No
  • Disability Access and/or Equipped: No
  • Exterior Building Type: Frame
  • Construction: Frame
  • General Information: None
  • Living Area Source: Not Reported
  • Assessor Square Footage: 1008
Property and Assessments
  • Buyer Financing: Cash
  • Public Document Count: 2
  • Document Date: 2026-03-20T18:50:48
  • Photos Count: 6
  • Rural: N
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Main
  • Room Type: Master Bedroom
  • Master Bedroom Bath: None
  • Master Bedroom Dimensions: 14X13
Bedroom #2 Information
  • 2nd Bedroom Level: Main
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 13X11
Bedroom #3 Information
  • 3rd Bedroom Level: Basement
  • Room Type: Bedroom 3
  • Bedroom #3 Room Dimensions: 13X12
Bedroom #4 Information
  • 4th Bedroom Level: Basement
  • Room Type: Bedroom 4
  • Bedroom #4 Room Dimensions: 13X12
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Dimensions: COMBO
Family Room Information
  • Family Room Level: Basement
  • RoomType_FR: Family Room
  • Family Room Dimensions: 22X14
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 15X13
Laundry Information
  • Laundry Level: Basement
  • Room Type: Laundry
  • Laundry Dimensions: 15X17
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 19X13

Property History for 3617 Monroe Street

DateEvent & SourcePriceAppreciation
Mar 20, 2026

Listed (Active)

MRED #12594305

$195,000—
Dec 18, 2024

Cancelled

MRED #12094532

$130,410—
Jun 25, 2024

Listed (Active)

MRED #12094532

$130,410—
DateEvent & SourcePrice
03/20/2026

Listed (Active)

MRED #12594305

$195,000
12/18/2024

Cancelled

MRED #12094532

$130,410
06/25/2024

Listed (Active)

MRED #12094532

$130,410

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3617 Monroe Street

Taxable ValueLand$1,708Additions$1,538Total$3,246
Tax Record2023$1,571 ($131 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,008 SqFtAbove Grade Finished SqFt1,008 SqFtStories1Lot Size4,020 SqFtStyleSingle Family ResidenceYear Built1953CountyCOOKAPN30-32-204-012

Schools near 3617 Monroe Street

This home is within Lansing School District 158.
Rating
School
Type
Grades
Distance
Lester Crawl Primary Center
Public - PK to 1
Coolidge Elementary School
Public - K to 5
Memorial Jr High School
Public - 6 to 8
Thornton Fractional South High School
Public - 9 to 12
Rating
School
Distance
Lester Crawl Primary Center
PublicPK to 1

Coolidge Elementary School
PublicK to 5

Memorial Jr High School
Public6 to 8

Thornton Fractional South High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 3617 Monroe Street, Lansing, IL 60438

3617 Monroe Street is a single family home for sale in Lansing, IL 60438. This property was listed for sale on March 20, 2026 by Keller Williams ONEChicago, it's currently listed at $195,000. This listing's school districts are Thornton Fractional Twp Hsd 215 School District, Lansing School District 158. Nearby schools include Lester Crawl Primary Center, Coolidge Elementary School and Memorial Jr High School. 3617 Monroe Street is a 4-bed, 2-bath, single family home built in 1953.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams ONEChicago

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 03/20/2026 05:56 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.