4051 W Monroe Street, Chicago, IL, 60624

$549,900

8

Beds

About 4051 W Monroe Street

**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.

Additional Information: This property is located in the CHI - West Garfield Park neighborhood, IL. This 8 bedrooms two to four units property is priced at $549,900.

Facts & Features

MLS® # 12745765
Price $549,900
Bedrooms 8
Bathrooms 0.00
Taxes $5,243
Year Built 1901
Type Residential Income
Sub-Type Two to Four Units
Status Active

Community Information

Address 4051 W Monroe Street
Area CHI - West Garfield Park
City Chicago
County Cook
State IL
Zip Code 60624

Amenities

Parking Spaces 2
Parking Yes, Detached, Garage
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement Yes
Basement Finished, Full

Exterior

Exterior Brick

School Information

District 299

Additional Information

Days on Market 7
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $5,243

Listing Details

OfficeBaird & Warner

Listing Map

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