1250 N Monitor Ave Chicago, IL 60651
Austin NeighborhoodEstimated payment $2,738/month
About This Home
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!
Listing Agent
Legacy Properties, A Sarah Leonard Company License #475207603 Listed on: 11/24/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,853
Year Built
- Built in 1919 | Remodeled in 2021
Lot Details
- Lot Dimensions are 31 x 124.2
- Paved or Partially Paved Lot
Parking
- 2 Car Garage
Home Design
- Flat Roof Shape
- Brick Exterior Construction
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 3 Bathrooms
Basement
- Basement Fills Entire Space Under The House
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
- Gas Water Heater
Community Details
- 2 Units
- Gross Income $42,000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/24/2025 11/24/25 | For Sale | $442,000 | +4.5% | -- | |
| 04/25/2022 04/25/22 | Sold | $423,000 | +1.0% | -- | View Prior Sale |
| 03/15/2022 03/15/22 | Pending | -- | -- | -- | |
| 03/09/2022 03/09/22 | For Sale | $419,000 | +58.1% | -- | |
| 06/03/2021 06/03/21 | Sold | $265,000 | +6.0% | -- | View Prior Sale |
| 05/03/2021 05/03/21 | For Sale | -- | -- | -- | |
| 05/03/2021 05/03/21 | Pending | -- | -- | -- | |
| 04/28/2021 04/28/21 | For Sale | $250,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12523569
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