Courtesy of: Cierra Thurman, Keller Williams ONEChicago, cierra.thurman@cloud.com
Courtesy of: Cierra Thurman, Keller Williams ONEChicago, cierra.thurman@cloud.com
$475,000
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8 bed
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Lot: 0.09 Acres
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Other
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$475,000
4704 W Monroe Street MOTIVATED SELLER! Investment opportunity in the vibrant Austin Neighborhood, just blocks from Oak Park! This refurbished legal 2-flat features three rental units: two 3-bedroom/1-bath units and a garden unit with 2 bedrooms and 1 bath. Each unit boasts updated bathrooms, gourmet kitchens with stainless steel appliances, and in-unit laundry. The lower-level unit has egress and ample storage, making it ideal for buyers seeking a turnkey investment. With a current garden tenant on a month-to-month lease and no leases in the vacant units 1 and 2, the income potential is substantial-estimated at $7k per month. Healthy rental comps show rents up to $2, 375 for 3-bed units without parking. This property is perfect for owner-occupants or investors looking to capitalize on a strong rental market. Each unit has separate heating and in-unit washer/dryer hookups. Please note: the legality of the garden unit is not warranted by the seller.
Courtesy of: Cierra Thurman, Keller Williams ONEChicago, cierra.thurman@cloud.com
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