4704 Monroe Street, Austin, Chicago, Illinois 60644
$475,000
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For Sale
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| Status: | Contingent |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 8 |
| Baths: | 0 |
| Year Built: | 1913 |
| Property Taxes: | $4,642 |
| Days On Market: | 67 |
| Lot Size: | 0,09 |
Description
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.
Property Specifics
| Multi-unit | |
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| — | |
| 1913 | |
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| No | |
| 0.09 |
| Cook | |
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| — / — | |
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| — | |
| 12454732 | |
| 16151000380000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 5 Sep, 2024 | Sold | $315,000 | MRED MLS |
| 15 Aug, 2024 | Under contract | $300,000 | MRED MLS |
| 17 May, 2024 | Listed for sale | $300,000 | MRED MLS |
| 24 Oct, 2025 | Under contract | $475,000 | MRED MLS |
| — | Last price change | $495,000 | MRED MLS |
| 27 Aug, 2025 | Listed for sale | $495,000 | MRED MLS |
Room Specifics
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Dimensions: —
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Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
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| 25 X 125 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2024 | $4,525 |
| 2025 | $4,642 |
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Listing Provided By
Keller Williams ONEChicago
