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    1250 N Monitor Ave Chicago, IL 60651

    Under Contract
    For Sale
    $442,000

    Residential Income - Chicago, IL

    Days on Market:
    9
    Last Refresh:
    Dec 13 at 9:06 pm

    Property Features for 1250 N Monitor Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    APN
    16052260170000
    Parking
    2

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1919
    Roof type
    Flat
    Architectural style
    Other

    LEGACY PROPERTIES, A SARAH LEONARD COMPANY (224) 999-9100 [email protected]

    Listing agent Michael Savegnago (224) 999-9100 License #475207603

    Listing date Dec 5, 2025

    MLS# 12523569 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Chicago Legal 2-Unit

    This is a fully renovated legal 2-unit property with extra finished basement space. The 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, and fresh interior paint throughout. A new 2-car garage was also added. Both units feature 2 bed / 1 bath layouts with a spacious living room, dining room, and kitchen. Strong income is in place, with one tenant on a month-to-month lease and the other leased through 8/26. The finished basement includes a full bathroom, two rooms with closets, laundry, and open flex space. The property is located in Chicago, IL.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7721281
    Latitude
    41.903566

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    FAQs

    What type of property is this?
    Duplex - Turn-key investment property with rental upside in Chicago, IL.
    Where is this duplex located?
    The property is located at 1250 N Monitor Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $442,000.
    What are key features of this property?
    This property features: - Fully renovated in 2021 with new copper plumbing, HVAC, and updated kitchens/baths.; - Legal 2-unit property with strong rental income potential.; - Finished basement with full bathroom and flexible space, offering expansion possibilities.
    (224) 999-9100
    Request Owner's contact information
    1250 N Monitor Ave Chicago, IL 60651
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    Chicago, IL 60651
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1250 N Monitor Ave Chicago, IL 60651
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