4051 W Monroe ST, Chicago, IL 60624
4051 W Monroe ST, Chicago, IL 60624
4051 W Monroe ST, Chicago, IL 60624
23
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$499,900
Est. payment /mo
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8 Beds
3 Baths
Active

4051 W Monroe ST Chicago, IL 60624

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John Barnak III

John Barnak III

+1(630) 439-6385

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12762987

Bedrooms 8

Year Built 1901

Annual Tax Amount $5,242

Tax Year 2024

Lot Dimensions 25 x 121

Property Sub-Type Two to Four Units

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.

Location

State IL

County Cook

Area Chi - West Garfield Park

Rooms

Basement Finished, Full

Interior

Heating Natural Gas

Equipment Water Heater-Gas

Fireplace N

Exterior

Garage Spaces 2.0

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Gina Purdy of  Baird & Warner 

NEARBY SCHOOL & BUSINESS

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John Barnak III

John Barnak III

Broker License ID: 471019889

+1(630) 439-6385

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4051 W Monroe ST

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