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128 N Menard Ave
Multi-Family
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$550,000

128 N Menard Ave, Chicago

53% below median
8 bd·4 ba·0 sqft
Built 1962West Side

128 N Menard Ave, Chicago, IL

8 bd · 4 ba · 0 sqft Multi-Family listed at $550,000, built in 1962 in the West Side neighborhood.

About this home

Solid 4-Unit in Prime Austin Location! Each unit offers 2 bedrooms, 1 bathroom, hardwood floors, and a private basement-ideal for storage and laundry. Separate heating and water heaters for each unit. Tenants pay all utilities. Extra land in front allows for potential future parking expansion. Live in one unit and rent out the others-perfect for owner-occupants or investors. Strong rental market in a high-demand area. FHA financing available Excellent investment opportunity! Annual rents $72,000

Property details

Price
$550,000
Bedrooms
8
Bathrooms
4
Year built
1962
Type
Multi-Family
Days on market
204
Est. property tax
$11,440/yr · $953/mo · 2.08% IL avg

Estimated monthly payment

Down payment20% ($110,000)
Interest rate6.75%
Principal & Interest$2,854
Property Tax$504
Insurance$150
Total$3,508/mo

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Price history

$574K$433K$292K$325K on Feb 23 (Initial list)$315K on Feb 23 (Price change)$315K on Mar 23 (Sold)$550K on Oct 25 (Initial list)
$325K · Feb 23$550K · Oct 25
  1. Oct 3, 2025$550,000Initial list price
  2. Mar 31, 2023$315,000Sold
  3. Feb 24, 2023$315,000Price change
  4. Feb 20, 2023$325,000Initial list price

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 60644)

This neighborhood is primarily renter-occupied (28% owner-occupied). Median age is 35.6; 6% hold a bachelor's degree; median household income is $34,177.

Median income
$34,177
Median age
35.6
Owner-occupied
28.3%
Bachelor's degree
6.1%
Census median home value
$225,100

Source: US Census Bureau American Community Survey 5-year estimates.

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