Chicago, IL 60644,4704 W Monroe ST
Chicago, IL 60644,4704 W Monroe ST
Chicago, IL 60644,4704 W Monroe ST
Chicago, IL 60644,4704 W Monroe ST
Chicago, IL 60644,4704 W Monroe ST
Chicago, IL 60644,4704 W Monroe ST
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Sat
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Sun
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Sep
$ 495,000
Est. payment | /mo

8 Beds

3 Baths

3,920 Sqft Lot


Save
$ 495,000
Est. payment | /mo
Save

8 Beds

3 Baths

3,920 Sqft Lot

Open House

Sat Sep 27, 10:00am - 12:00pm

Sun Sep 28, 10:00am - 12:00pm

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12454732

Bedrooms 8

Year Built 1913

Annual Tax Amount $4,642

Tax Year 2023

Lot Size 3,920 Sqft

Lot Dimensions 25 X 125

Property Sub-Type Two to Four Units

Property Description

Investment opportunity in the vibrant Austin Neighborhood, just blocks from Oak Park! This refurbished legal 2-flat features three rental units: two 3-bedroom/1-bath units and a garden unit with 2 bedrooms and 1 bath. Each unit boasts updated bathrooms, gourmet kitchens with stainless steel appliances, and in-unit laundry. The lower-level unit has egress and ample storage, making it ideal for buyers seeking a turnkey investment. With a current garden tenant on a month-to-month lease and no leases in the vacant units 1 and 2, the income potential is substantial-estimated at $7k per month. Healthy rental comps show rents up to $2,375 for 3-bed units without parking. This property is perfect for owner-occupants or investors looking to capitalize on a strong rental market. Each unit has separate heating and in-unit washer/dryer hookups. Please note: the legality of the garden unit is not warranted by the seller.

Location

State IL

County Cook

Area Chi - Austin

Rooms

Basement Finished, Full

Interior

Heating Natural Gas

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer, Storm Sewer

Water Lake Michigan, Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
Listed by Cierra Thurman of  Keller Williams ONEChicago 
Legacy Properties

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(224) 999-9100

managingbroker@legacypropertiesil.com

2325 Dean St, Suite 900, St Charles, Illinois, 60175, USA

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4704 W Monroe ST