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$195,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 1 Car Garage
  • Updated 3 days ago
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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.

Full Property Details for 3617 Monroe St

General

  • Price: $195,000
  • Taxes: $5,957 (2024)
  • Status: Active
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12594305
  • Updated: 3/20/2026
  • Added to Site: 4 day(s) ago

Rental Information

  • Complex Features: Curbs, Sidewalks, Street Lights, Street Paved

Interior

  • Basement: Finished, F
  • Appliances: Range, Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4
  • Bedrooms(Blw Grade): 2

Additional Information

  • Equipment: Carbon Monoxide Detectors, Sump Pump

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Features: Off-Alley, Garage Door Opener, Yes, Garage Owned, Detached, Garage

Location

  • Area: Lansing
  • County: Cook
  • Township: Thornton
  • Driving Directions: Ridge Road to Wentworth to Monroe.

School Information

  • School District: 158
  • Elem School District: 158
  • Midd School District: 158
  • High School District: 215
  • Elementary School: Coolidge Elementary School
  • Middle School: Memorial Junior High School
  • High School: Thornton Fractnl So High School
  • Private School: Thornton Fractnl So High School

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan, Public

Structural Information

  • Construction: Frame
  • Exterior Const.: Frame
  • Basement: Yes
  • Basement Desc.: Finished, Full
  • Sq. Ft. Source: Not Reported
  • Year Built: 1953
  • Built Before 1978: Yes

Additional Structures

  • Other Structures: Shed(s)

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 40 x 134

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1953
  • Tax Amount: $5,957.49
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 30322040130000

Listed by Keller Williams ONEChicago

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Listing agents

— 3617 Monroe St —

  • Keller Williams ONEChicago

  • Keller Williams ONEChicago

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

Get Pre-Approved

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Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 3617 Monroe St

School Districts:Lansing School District 158, Thornton Fractional Township High School District 215
NameGradesDistance
Coolidge Elementary School, Lansing, IL
17845 Henry Street, Lansing, IL 60438
K-50.3 mi
Lester Crawl Primary Center
18300 Greenbay Avenue, Lansing, IL 60438
PK-10.8 mi
Memorial Jr High School
2721 Ridge Road, Lansing, IL 60438
6-81.2 mi
Thornton Fractnl So High School
18500 Burnham Avenue, Lansing, IL 60438
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3617 Monroe St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/20/2026
Listed
$195,000
353.49%
MLS
7/06/2018
Sold
$43,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3617 Monroe St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,052
-6%
$8,375
26%
2022
$4,304
3%
$6,622
—
2021
$4,186
8%
$6,622
—
2020
$3,885
64%
$6,622
-5%
2018
$2,374
-40%
$6,997
—
2019
$3,983
64%
$6,997
—
2017
$2,424
-2%
$6,997
7%
2016
$2,480
10%
$6,534
—
2015
$2,253
—
$6,534
—
2014
$2,244
-14%
$6,534
-17%
2013
$2,613
6%
$7,906
—
2012
$2,474
—
$7,906
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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3617 Monroe Street, Lansing, IL 60438 (MLS# 12594305) is a Single Family property with 4 bedrooms and 2 full bathrooms. 3617 Monroe Street is currently listed for $195,000 and was received on March 20, 2026. Want to learn more about 3617 Monroe Street? Do you have questions about finding other Single Family real estate for sale in Lansing? You can browse all Lansing real estate or contact a Coldwell Banker agent to request more information.

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