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4051 W Monroe Street Chicago, IL 60624

$449,900
Active / MLS# 12762987 / Multi Unit - Multiple / Chicago
8 Beds
3 Baths

**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.

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Baird & Warner Gina Purdy 773.318.7945 Email

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Estimated Payment

$ 1,725.70 per month $1,157.64 Principal & Interest $436.83 Property Tax $131.22 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full
Garage: 2
Heating: Gas
Lot Size: 0.07 Acres
Taxes: $5,242
Year Built: 1901

Feature Descriptions

Exterior: Brick
Lot Dimensions: 25 x 121
Other Equipment: Water Heater-Gas
Parcel#: 16152070480000
Parking: Yes, Detached, Garage
Sewer: Public Sewer
Total Rooms: 16
Township: West Chicago
Water: Lake Michigan

Schools

School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

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