4051 W Monroe Street, Chicago, IL 60624

$449,900.00
  • 4051 W Monroe Street, Chicago, IL 60624 Main Photo

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Active
BEDS8 BATHS3 full MLS#12762987
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full
Garage: 2
Heating: Gas
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

Local Schools

School District: District 299

Listed By / Shown By

Listed By

Agency Name: Baird & Warner

Shown By

Agency Name: The Real Estate Group Inc
Agent Name: Traci Buttrum, Realtor/Broker Owner
Agent Phone: Primary: (309) 267-2359

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Estimated Payment

$ 2,357.66 per month $1,789.61 Principal & Interest $436.83 Property Tax $131.22 Homeowner's Insurance

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