4704 West Monroe Street, Chicago, IL

$475,000

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8

Beds

3

Baths

0.09

Acres

About 4704 West Monroe Street

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.

Scheduled Open Houses

  • Sunday, Oct 12th, 12:00pm - 2:00pm

Features of 4704 West Monroe Street

MLS® # 12454732
Price $475,000
Bedrooms 8
Bathrooms 3.00
Acres 0.09
Year Built 1913
Type Residential Income
Sub-Type Two to Four Units
Status Active

Community Information

Address 4704 West Monroe Street
Area CHI - Austin
City Chicago
County Cook
State IL
Zip Code 60644

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement Yes
Basement Finished, Full

Exterior

Exterior Brick

School Information

District 299

Additional Information

Days on Market 47
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams ONEChicago
Contact Info312-216-2422

Listing Map

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