ClosedPrice Reduced

$475,000

$495,000
4704 Monroe Street, Chicago, IL 60644
8 Beds3 Baths59 days
4704 Monroe Street·Chicago, IL 60644
8Bedrooms
3Bathrooms
1913Year Built
About This Home

MOTIVATED SELLER! 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.

MLS# 12454732Listed August 27, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms3
Total Rooms11

Size & Structure

Year Built1913
Lot Size0.090 acres

Location

CountyCook
TownshipWest Chicago
Zip Code60644

Financial

List Price$475,000
Original Price$495,000
Annual Taxes (2023)$4,642
Monthly Tax Est.$387
Parcel #16151000380000
Interior Features

Heating

Natural Gas

Basement

FinishedFull
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public SewerStorm Sewer

Water Source

Lake MichiganPublic
Tax & Financial
Annual Taxes
$4,642
Tax Year 2023
Monthly Tax Est.
$387
per month
Price Reduced by $20,000
Original list price: $495,000
Property Location

4704 Monroe Street, Chicago, IL 60644Cook County

$475,000
4704 Monroe Street
8 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
59 days on market
0.090 acres
$4,642/yr taxes
Price reduced $20,000
$2,883
estimated monthly payment
Principal & Interest
$2,496/mo
Property Tax
$387/mo
$475,000
20% — $95,000
3%50%
6.875%
3%12%
Loan Amount
$380,000
Down Payment
$95,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Keller Williams ONEChicago
Agent: Cierra Thurman
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