2705 N Monitor Avenue, Chicago IL 60639
$520,000

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

Features & Information

Key Details

  • List Price $520,000
  • Property Taxes $7,838
  • Year Built 1953
  • Status Active
  • List Market Time 108

Units

  • Unit 1

  • Floor 1
  • Rooms 6
  • Beds 3
  • Baths 1
  • Appliances Stove, Refrigerator, Washer, Dryer, Window Air Conditioner, Garage/Space, Hardwood Floors
  • Rent $0/mo
  • Tenant Pays Other
  • Lease Expires 0
  • Unit 2

  • Floor 2
  • Rooms 4
  • Beds 1
  • Baths 1
  • Appliances Stove, Refrigerator, Window Air Conditioner, Hardwood Floors
  • Rent $1,000/mo
  • Tenant Pays Electric,Gas
  • Lease Expires MTM

Exterior Features

  • Parking

  • # of Cars:  2

Building Information

  • Number of Units 2
  • Age of Building 71-80 Years

Location

  • County Cook
  • Township Jefferson
  • Corporate Limits Chicago
  • Directions to Property East On Diversey From Austin, Turn Right Onto Monitor
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 7838.36
  • Tax Year 2024
  • Tax Exemptions None
  • Parcel Identification Number 13294030210000

Listed by Tarsica Roopchand for RE/MAX FUTURE | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 9/9/2026 3:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore Belmont Central

The ethnically diverse and well-kept Belmont Central is a sizeable yet understated neighborhood, speckled with affordable housing and an international array of restaurants to suit every taste and craving. With a passionate Chamber of Commerce always on the job to enhance Belmont Central homes and businesses, this northwest Chicago neighborhood is making a name for itself. Historic houses have been passed down from generation to generation while new model condos are emerging along the residential blocks in recent years. Convenient corner stores and groceries stock the daily essentials, but Belmont Central's shopping district is the place to go for fashion, furniture, footwear and giftables. The mix of family-run establishments and national chains is right on par with the strong community values that have shaped Belmont Central into a close-knit Chicago neighborhood.

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