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5415 W Monroe St Chicago, IL 60644

Under Contract
For Sale
$220,000

Residential Income - Chicago, IL

Lot size:
0.09 Acres
Days on Market:
32
Last Refresh:
Dec 14 at 7:06 pm

Property Features for 5415 W Monroe St

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active Under Contract
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Bedrooms
6
APN
16161040140000
Parking
2
Lot size
0.09 Acres

Utilities

Heating system
Other (Heating)

Building Details

Year built
1915
Architectural style
Other

Real People Realty (708) 634-0103 [email protected]

Listing agent Sharon Moore (708) 634-0103 License #471008080

Listing date Nov 13, 2025

MLS# 12494426 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

Austin Two-Flat with Renovation Potential

Located in the Austin area of Chicago, this two-flat building presents an opportunity for investors, rehabbers, or owner-occupants seeking a project with long-term value. The property is situated blocks away from Columbus Park, schools, public transportation, and the I-290 expressway, with convenient access to a nearby suburb and police station. Each unit features three bedrooms and one full bathroom, offering generous living space. The building includes a full, unfinished basement that is duplexed from the first floor, along with a two-car garage. The 0.09-acre lot provides additional space. While the property requires a complete renovation, it has the potential for significant value appreciation in the area. The property is being sold as-is and is suitable for conventional, cash, or FHA 203k financing.
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 Nail Salon Clothing Store 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
-87.7602104
Latitude
41.8790916

FAQs

What type of property is this?
Duplex - Two-unit building in Austin neighborhood, ideal for renovation.
Where is this duplex located?
The property is located at 5415 W Monroe St Chicago, IL.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: - High ARV Potential: Estimated post-renovation value upwards of $500k.; - Desirable Location: Situated in the Austin area, near Columbus Park, schools, public transportation, and I290.; - Spacious Units: Each unit features 3 bedrooms and 1 full bath.
More about this property
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