2705 N Monitor Avenue
Chicago, IL, 60639
$500,000
5 Beds
3 Baths
0 SqFt
0.09 Acres
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MLS #MRD12647778 image #0
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 legal non-conforming 2 unit property. Don’t miss this exceptional opportunity!

Property Details

Price:
$500,000
MLS #:
MRD12647778
Status:
Active
Beds:
5
Baths:
3
Type:
Multi Family
Neighborhood:
chibelmontcragin
Listed Date:
May 18, 2026
Year Built:
1953
OtherChi – Belmont CraginChibelmontcragin

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Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Architectural Style
Other
Construction Materials
Brick
Fencing
Fenced
Garage Spaces
2
Parking Features
Garage Door Opener, Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2
Patio And Porch Features
Deck
Roof
Asphalt

Financial

Tax Year
2024
Taxes
$7,838

Map

Community

Market Summary

Current real estate data for Multi Family in Chicago as of Oct 08, 2026
1,350
Multi Family Listed
77
Avg DOM
$531,469
Avg List Price

Property Summary

    2705 N Monitor Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60639. It is listed for $500,000

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