2705 N Monitor Avenue
Chicago, IL, 60639 $ 510,000
Bedrooms5 Baths3.0 Monthly Estimate*
$ 3,140
for $510,000 with 5 bedrooms and 3 full baths. This home was built in 1953 on a lot size of 0.09.
Located in the sought-after Belmont Cragin neighborhood, this well-maintained multi-unit 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. Unit 1 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. Unit 2 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, kitchen, 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. Don't miss this exceptional opportunity!
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FeaturesGeneralSewer Public Sewer
Heating Natural Gas
Possession Negotiable Specific
Roof Asphalt
Zoning MULTI
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 N
Property Type Residential Income Two to Four Units
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 N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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InteriorBasement Finished Exterior Entry Full
Total Bedrooms 5
Room Type Utility Room-Lower Level
Total Baths 3
Bedrooms Possible 5
Full Baths Building 3
Half Baths Building 0
Total Number of Units 2
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ExteriorParking 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 N
Other Equipment CO Detectors Ceiling Fan(s) Sump Pump
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* Excluded FeaturesList Bybrokertarsica@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,140
- Monthly Property Taxes
- $653
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyMulti-family listings in Chicago, IL
Average List Price $618,421
Percent of Sale Price 21%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/18/2026 | $510,000 | | Listed Price |