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4704 W Monroe Street, 
Chicago, IL 60644

$495,000


8

Beds


3

Baths


-

Sq Ft


Multi-Family

Active

Listed by

Cierra Thurman

Keller Williams Onechicago

Last updated:

August 27, 2025, 04:38 PM

MLS#

12454732

Source:

MLSNI

About This Home

4704 W Monroe Street

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.

Home Facts

Multi-Family

3 Baths

8 Bedrooms

Built in 1913

Price Summary

495,000

MLS #:

12454732

Last Updated:

August 27, 2025, 04:38 PM

Added:

6 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3


Structure

Structure

Year Built:

1913


Lot

Lot Size (Sq. Ft):

3,920


Finances & Disclosures

Finances

Price:

$495,000

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