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4704 W Monroe Street Chicago, IL $ 475,000
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$ 475,000 Get more info
4704 W Monroe Street
$ 475,000
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Share Save

4704 W Monroe Street

Chicago, IL, 60644
$ 475,000
Bedrooms8 Baths3.0

Monthly Estimate*

$ 2,963

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Multi-Family Home for sale in Chicago, IL

for $475,000 with 8 bedrooms and 3 full baths. This home was built in 1913 on a lot size of 0.09.

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.

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Multi-Family Contingent

Price

$ 475,000

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 4,642

Style

Lot Size

0.09

Year Built

1913

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12454732
Features
General
Sewer Public Sewer Storm Sewer
Heating Natural Gas
Possession Closing
Construction Materials Brick
Year Built 1913
Township West Chicago
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 11
Status Contingent
Directions CICERO TO MONROE 100 SOUTH EAST TO 4702 MONROE
City Chicago
High School District 299
MLS Area CHI - Austin
Tax Annual Amount 4642
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Full
Total Bedrooms 8
Total Baths 3
Bedrooms Possible 8
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
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Exterior
Water Source Lake Michigan Public
Total Parking 0
Lot Dimensions 25 X 125
Lot Size Acres 0.09
Waterfront Y/N N
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* Excluded Features
List By
Keller Williams Onechicago

Broker

cierra.thurman@cloud.com; cierra.thurman@kw.com

Email

Affordability Calculator

$3,350
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,963
Monthly Property Taxes
$387
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/1/2025$475,000 -4.04% Price Down
8/27/2025$495,000 Listed Price

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4704 W Monroe Street, Chicago, IL, 60644 is a Multi-Family Home for sale at $475,000 with a lot size of 0.09. 4704 W Monroe Street has 8 bedrooms, 3.0 baths, and was built in 1913. The property's zip code is 60644 which is in Chicago, IL

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