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Listed by Michael Savegnagoof Legacy Properties, A Sarah Leonard Company
$ 442,000
Est. payment /mo
Active Under Contract
1250 N Monitor Avenue Chicago, IL 60651
4 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12523569
Bedrooms 4
Year Built 1919
Annual Tax Amount $4,853
Tax Year 2023
Lot Dimensions 31 X 124.2
Property Sub-Type Two to Four Units
Property Description
Turn-key, fully renovated legal 2-unit with extra finished basement space and endless rental upside! This property underwent a full renovation in 2021, including new copper plumbing, central air HVAC systems in each unit, two separate hot water tanks, refinished hardwood floors, updated kitchens and baths with modern tile and fixtures, fresh interior paint throughout, and a new 2-car garage. Truly a clean, low-maintenance investment from day one. Both units are 2 bed / 1 bath layouts featuring a spacious living room, dining room, and kitchen. Strong income in place with one tenant MTM and the other leased through 8/26-perfect for both investors and owner-occupants. The finished basement adds tremendous value, offering a full bathroom, two rooms with closets, laundry, and open flex space. Ideal for future expansion-explore creating a 3rd unit or duplexing down to increase finished square footage and maximize rental revenue. Come see this clean, well-maintained property with strong cash flow and even stronger potential-don't miss it!
Location
State IL
County Cook
Community Curbs, Sidewalks, Street Lights, Street Paved
Zoning MULTI
Rooms
Basement Finished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N true
Roof Type Flat
Building
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
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