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$ 549,900
Est. payment /mo
New
4051 W Monroe ST Chicago, IL 60624
8 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12745765
Bedrooms 8
Year Built 1901
Annual Tax Amount $5,242
Tax Year 2024
Lot Dimensions 25 x 121
Property Sub-Type Two to Four Units
Property Description
**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.
Location
State IL
County Cook
Area Chi - West Garfield Park
Rooms
Basement Finished, Full
Interior
Heating Natural Gas
Equipment Water Heater-Gas
Fireplace N
Exterior
Garage Spaces 2.0
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Gina Purdy of Baird & Warner
Cecil Sabu
Designated Managing Broker & Loan Originator License ID: 471.019943 | NMLS ID: 2111992