4051 W Monroe St

Chicago, IL 60624
  • $549,900

    Price
  • 8

    Bed
  • 3

    Bath
  • 0

    SqFt

About the Listing 8005 - 85384

**Solid investment opportunity in West Garfield Park!** This 2-flat with a finished garden-level unit offers three occupied units and strong income potential. The first-floor unit features 3 bedrooms and 1 bath, was renovated in 2024, and currently rents for $1,200/month MTM, due on the 15th. The second-floor 3-bedroom, 1-bath unit rents for $950/month MTM, due on the 1st. The newly renovated 2026 garden-level unit offers 2 bedrooms and 1 bath and rents for $925/month, with the current lease expiring November 2026. Tenants pay all utilities. Each unit has its own furnace and thermostat. The garden unit has its own hot water heater located within the unit, while the hot water heaters serving the first and second floors are located in the common mechanical area on the lower level. Two tenants are long-term. Coin-operated washer and dryer generate approximately $30/month in additional income. Two-car garage included.

Listing Highlights

Status Active
Days on Site 2
Property Type Multi-Family
MLS ® 12745765
Year Built 1901
Total Square Footage 0
Lot/Acreage 25 x 121
County Cook
School District 299

Interior Details

  • Bedrooms: 8
  • Bathrooms: 3 Full
  • Appliances: Water Heater-Gas
  • Air Cond:
  • Heating: Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Finished,Full
  • Other:
  • Water: Lake Michigan

Exterior Details

  • Garage Capacity: 2 car
  • Parking Spaces: 2
  • Lot Dimensions: 25 x 121
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Yes,Detached,Garage

Financial Details

  • Tax Amount: $5,243
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 16152070480000
  • Tax Year: 2024

Payment Calculator

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4051 W Monroe St Chicago, IL 60624

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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