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$450,000
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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!
Full Property Details
Full Property Details for 1250 N Monitor Ave
General
- Sold For: $450,000
- Taxes: $4,853 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12523569
- Added to Site: 102 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Additional Information
- Equipment: Water Heater-Gas
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Austin
- County: Cook
- Driving Directions: East on North Avenue, South on Monitor
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Finished, Full
- Roof: Flat
- Year Built: 1919
- Built Before 1978: Yes
- Remodeled/Updated: 2021
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 31 x 124.2
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1919
- Tax Amount: $4,853
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16052260170000
Listed by Legacy Properties, A Sarah Leonard Company
Sold by Real People Realty
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Schools
Schools serving 1250 N Monitor Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Young Elementary School 1434 North Parkside Avenue, Chicago, IL 60651 | PK-8 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1250 N Monitor Ave
Date
Details
Price
Change
Source
2/06/2026
Sold
$450,000
1.81%
MLS
11/24/2025
Listed
$442,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1250 N Monitor Avenue, Chicago, IL 60651 (MLS# 12523569) is a Multi-Family property that was sold at $450,000 on February 06, 2026. Want to learn more about 1250 N Monitor Avenue? Do you have questions about finding other Multi-Family real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

