4051 Monroe Street, West Garfield Park, Chicago, Illinois 60624


$549,900

For Sale
Status: Active
Sqft: 0
Cost/Sqft:
Beds: 8
Baths: 0
Year Built: 1901
Property Taxes: $5,243
Lot Size: 0,00
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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 Specifics

Multi-unit
1901
No
Cook
— / —
12745765
16152070480000

Room Specifics

All Bedroom Info:
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Second Bedroom Info:
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Third Bedroom Info:
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Fourth Bedroom Info:
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Sixth Bedroom Info:
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Seventh Bedroom Info:
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Eighth Bedroom Info:
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Bathroom Info:
Full Bathrooms: 3
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
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Other Specifics

2
25 x 121
Not in DB

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Listing Provided By

Baird & Warner