Address
2705 N Monitor Avenue, Chicago, IL
Price
$ 520,000
Property Attributes
- MLS#12647778
- TypeMulti-Family
- Listing Status Active
- CountyCOOK
- CityChicago
- AreaCHI - Belmont Cragin
- NeighborhoodBelmont Cragin
- Zip60639
- Style
- Year Built1953
- Taxes$ 7838
- Price$ 520,000
- Bedrooms5
- Full Bathrooms3
- Half Bathrooms0
- Lot Size0.09 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Located in the sought-after Belmont Cragin neighborhood, this well-maintained property offers an incredible opportunity for both owner-occupants and savvy investors alike! Situated in the desirable 60639 area, this versatile building features spacious living arrangements, functional layouts, and excellent income potential. The main dwelling offers 3 generously sized bedrooms, 1 full bathroom, a large L-shaped living room perfect for entertaining, ample kitchen space with abundant cabinetry, and a separate eating area off the kitchen. Radiant heated floors add comfort throughout, while the covered rear deck provides a great outdoor retreat. The second floor features a very large 1-bedroom, 1-bath layout with a spacious living room, separate dining/eating area off the kitchen, radiant heat within the walls, and its own covered deck. This unit is tenant occupied, making it ideal for immediate rental income. The recently updated finished basement expands the living space even further with an additional bedroom, full bathroom, kitchenette, dining area, and a comfortable family/living room featuring a fireplace. Additional basement highlights include a large walk-in closet, oversized laundry area, mechanical room with workout/flex space, and a convenient mud room with rear entry access. Outside, enjoy a large fenced yard perfect for entertaining, gardening, or pets, along with a 2-car garage for added convenience. Ideally located near shopping, dining, and public transportation, this property combines space, flexibility, and strong investment potential in one of Chicago's established neighborhoods. This is a legal non-conforming 2 unit property. Don't miss this exceptional opportunity!
| Price History | |
|---|---|
| 5/18/2026 | Listed $510,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Natural Gas |
| Possession | Negotiable,Specific |
| Roof | Asphalt |
| Zoning | OTHER |
| Garage Spaces | 2 |
| Architectural Style | Other |
| Construction Materials | Brick |
| Year Built | 1953 |
| Township | Jefferson |
| Tax Year | 2024 |
| Ownership | Fee Simple |
| Gross Income | 12000 |
| County | Cook |
| New Construction | No |
| Property Type | Residential Income |
| Total Rooms | 10 |
| Status | Active |
| Directions | East on Diversey from Austin,turn Right onto Monitor |
| City | Chicago |
| High School District | 299 |
| MLS Area | CHI - Belmont Cragin |
| Tax Annual Amount | 7838.36 |
| Additional Parcels Y/N | No |
| Standard Status | Active |
| Middle/Junior School District | 299 |
| Elementary School District | 299 |
| Property Type | Two to Four Units |
Interior Features
| Basement | Finished,Exterior Entry,Full |
|---|---|
| Total Bedrooms | 5 |
| Room Type | Utility Room-Lower Level |
| Total Baths | 3 |
| Bedrooms Possible | 5 |
| Full Baths Building | 3 |
| Total Number of Units | 2 |
Exterior Features
| Parking Features | Garage Door Opener,Yes,Garage Owned,Detached,Garage |
|---|---|
| Water Source | Lake Michigan |
| Total Parking | 2 |
| Foundation Details | Concrete Perimeter |
| Lot Dimensions | 34 X 124 X 33 X 124 |
| Lot Size Acres | 0.09 |
| Waterfront Y/N | No |
| Other Equipment | CO Detectors,Ceiling Fan(s),Sump Pump |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 60639
Price
Taxes
Year Built
Visits
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