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$500,000

Est. payment - /mo

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5 Beds

3 Baths

3,920 Sqft Lot

Price Dropped by $20K

2705 N Monitor AVE Chicago, IL 60639

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12647778

Style Other

Bedrooms 5

Year Built 1953

Annual Tax Amount $7,838

Tax Year 2024

Lot Size 3,920 Sqft

Lot Dimensions 34 X 124 X 33 X 124

Property Sub-Type Two to Four Units

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 non-conforming 2-unit property. Don't miss this exceptional opportunity!

Location

State IL

County Cook

Area Chi - Belmont Cragin

Zoning OTHER

Rooms

Basement Finished, Exterior Entry, Full

Interior

Heating Gas

Equipment CO Detectors, Ceiling Fan(s), Sump Pump

Fireplace N

Exterior

Garage Spaces 2.0

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Tarsica Roopchand of RE/MAX FUTURE

Nearby School & Business

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Park Place Realty Group LLC

Broker License ID: 888222

+1(708) 722-5106