4051 W Monroe St., Chicago, IL 60624

4051 W Monroe St., Chicago, IL 60624
Photo 1 of 23
$499,900
Beds Baths Sq. Ft. Taxes Built
8 0 $5,242.91 1901

Est. Monthly Payment:

$3,430($2,993 + $437 taxes*)

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**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.
Listing courtesy of Gina Purdy, Baird & Warner