Address
4051 W Monroe Street, Chicago, IL
Price
$ 499,900
Property Attributes
- MLS#12762987
- TypeMulti-Family
- Listing Status Active
- CountyCOOK
- CityChicago
- AreaCHI - West Garfield Park
- NeighborhoodGarfield Park
- Zip60624
- Style
- Year Built1901
- Taxes$ 5242
- Price$ 499,900
- Bedrooms8
- Full Bathrooms3
- Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
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.
| Price History | |
|---|---|
| 9/17/2026 | Listed $499,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Natural Gas |
| Possession | Closing |
| Garage Spaces | 2 |
| Construction Materials | Brick |
| Year Built | 1901 |
| Township | West Chicago |
| Tax Year | 2024 |
| Ownership | Fee Simple |
| County | Cook |
| New Construction | No |
| Property Type | Residential Income |
| Total Rooms | 16 |
| Status | Active |
| Directions | Pulaski (4000 W) to Monroe (100 S),west to property. |
| City | Chicago |
| High School District | 299 |
| MLS Area | CHI - West Garfield Park |
| Tax Annual Amount | 5242.91 |
| Standard Status | Active |
| Middle/Junior School District | 299 |
| Elementary School District | 299 |
| Property Type | Two to Four Units |
Interior Features
| Basement | Finished,Full |
|---|---|
| Total Bedrooms | 8 |
| Total Baths | 3 |
| Bedrooms Possible | 8 |
| Full Baths Building | 3 |
| Total Number of Units | 3 |
Exterior Features
| Parking Features | Yes,Detached,Garage |
|---|---|
| Water Source | Lake Michigan |
| Total Parking | 2 |
| Lot Dimensions | 25 x 121 |
| Waterfront Y/N | No |
| Other Equipment | Water Heater-Gas |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 60624
Price
Taxes
Year Built
Visits
