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$394,000 Contingent
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Property Description
Exquisitely Renovated Two-Unit Brick Beauty in the Heart of Austin Welcome to 4718 W. Monroe - a stunningly remodeled, all-brick two-flat that perfectly blends modern elegance with timeless charm. This move-in-ready property features two fully updated units, offering a total of five spacious bedrooms and two luxurious bathrooms, plus a full unfinished basement with endless potential for added living space, storage, or even a third unit. Each unit has been thoughtfully redesigned with contemporary finishes and open-concept layouts to enhance both comfort and style. Step into beautifully appointed kitchens boasting premium stainless steel appliances, sleek new cabinetry, and generous dining areas perfect for entertaining or everyday living. The bright and expansive living and dining rooms offer a warm, welcoming atmosphere, ideal for relaxing evenings or hosting guests. With updated mechanicals, new fixtures, and fresh flooring throughout, this home is truly turn-key. Outside, enjoy a private backyard and two-car garage, offering both secure parking and outdoor living space. Located in the vibrant Austin neighborhood, you're just minutes from Columbus Park, public transit, and downtown Chicago-providing exceptional convenience and lifestyle options. Whether you're an investor seeking strong rental income or a homeowner looking for extended family living, this exceptional property offers flexibility, style, and long-term value.
Full Property Details
Full Property Details for 4718 W Monroe St
General
- Price: $394,000
- Taxes: $4,219 (2023)
- Status: Contingent
- Type: Multi-Family
- Source: MRED
- MLS ID: 12540485
- Updated: 1/23/2026
- Added to Site: 64 day(s) ago
Rental Information
- Complex Features: Gated
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Austin
- County: Cook
- Township: Lake
- Driving Directions: NORTH OR SOUTH ON CICERO TO MONROE EAST TO PROPERTY
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Model: 2 FLAT
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished, Exterior Entry, Full
- Built Before 1978: Yes
- Remodeled/Updated: 2025
Unit Information
- Units in Building: 2
Manufactured Home
- Model: 2 FLAT
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 165
- Fence: Yes
- Zoning: MULTI
- Fencing (Description): Fenced
Financial Considerations
- Tax Amount: $4,219.59
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16151000320000
Listed by ExaRealty LLC
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Schools
Schools serving 4718 W Monroe St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Spencer Technology Acad Elementary School 214 North Lavergne Avenue, Chicago, IL 60644 | PK-8 | 0.5 mi |
Manley Career Academy High School 2935 West Polk Street, Chicago, IL 60612 | 12-11 | 2.3 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 4718 W Monroe St
Date
Details
Price
Change
Source
1/16/2026
Price Reduced
$394,000
-0.25%
MLS
1/05/2026
Listed
$395,000
125.71%
MLS
5/23/2025
Sold
$175,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4718 W Monroe St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,220
3%
$19,999
—
2022
$4,113
2%
$19,999
—
2021
$4,022
36%
$19,999
51%
2020
$2,959
-2%
$13,281
-12%
2019
$3,032
2%
$15,093
—
2018
$2,981
-31%
$15,093
-25%
2017
$4,311
7%
$20,027
—
2016
$4,011
9%
$20,027
—
2015
$3,670
16%
$20,027
17%
2014
$3,171
2%
$17,092
—
2013
$3,109
1%
$17,092
—
2012
$3,067
—
$17,092
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4718 W Monroe St
4718 W Monroe Street, Chicago, IL 60644 (MLS# 12540485) is a Multi-Family property with 2 units containing 5 bedrooms and 0 full bathrooms. 4718 W Monroe Street is currently listed for $394,000 and was received on January 05, 2026. Want to learn more about 4718 W Monroe Street? 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.

