2304 N Monitor Avenue, Chicago IL 60639
$650,000

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Property Description

Exceptional 3-Unit Investment Opportunity in Belmont Cragin! Whether you're looking to live in one unit while generating rental income from the others or expand your investment portfolio, this property offers outstanding value and long-term potential. This well-maintained 3-unit building features 8 total bedrooms and 3 full bathrooms, along with a full-size attic offering excellent potential for expansion into additional living space. Recent updates provide peace of mind, including a new roof (2024), central air in the second-floor unit (2023), and newer stainless steel appliances throughout. The property does not experience flooding, thanks to a professionally installed reservoir system, jet/backflow protection, and a backup sump pump designed to help prevent water intrusion. Additional features include a 2.5-car garage, ample storage, and a location convenient to parks, schools, shopping, restaurants, public transportation, and major expressways. A rare opportunity to own a solid income-producing property in one of Chicago's most sought-after neighborhoods. Schedule your showing today!

Features & Information

Key Details

  • List Price $650,000
  • Property Taxes $9,255
  • Year Built 1922
  • Status Active
  • List Market Time 7

Units

  • Unit 1

  • Floor G
  • Rooms 4
  • Beds 2
  • Baths 1
  • Appliances Stove, Refrigerator, Dishwasher
  • Rent $1,700/mo
  • Tenant Pays Electric
  • Lease Expires mo/mo
  • Unit 2

  • Floor 1
  • Rooms 6
  • Beds 3
  • Baths 1
  • Appliances Stove, Refrigerator, Dishwasher, Microwave
  • Rent $0/mo
  • Tenant Pays Electric,Gas,Heat
  • Lease Expires N/A
  • Unit 3

  • Floor 2
  • Rooms 6
  • Beds 3
  • Baths 1
  • Appliances Stove, Refrigerator, Dishwasher, Microwave
  • Rent $0/mo
  • Tenant Pays Electric,Gas,Heat
  • Lease Expires n/a

Exterior Features

  • Parking

  • # of Cars:  2

Building Information

  • Number of Units 3
  • Age of Building 100+ Years

Location

  • County Cook
  • Township Jefferson
  • Corporate Limits Chicago
  • Directions to Property Fullerton To Monitor, South To Address
  • Schools

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

  • Tax 9254.6
  • Tax Year 2024
  • Tax Exemptions Homeowner
  • Parcel Identification Number 13322020460000

Listed by Lissette Rivero for Realty of America | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 8/10/2026 11:32 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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