Corcoran Urban Real Estate
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39 Properties Within 0.5 miles of: 4051 W Monroe, Chicago

4051 W Monroe
Chicago, IL 60624

  • 8 Beds
  • Built In 1901
Price

$549,900

Est Payment
$3,279 / month (details)  
Taxes
$5,243  
Beds
8  
Rooms
16  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
25 x 121  
Built
1901  
Neighborhood
West Garfield Park  
MLS
#12745765
Status
Active

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 Map

Property Details

Utilities

  • Heating Natural Gas
  • Cooling
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Parking
2 Garage Spaces, Yes, Detached, Garage
Schools
District 299

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Nearby Transportation

  • Bus 20 0.1 mi
  • Bus 53 0.1 mi
  • Bus 126 0.2 mi
  • Bus 7 0.4 mi
  • Bus 82 0.9 mi
  • Bus 54 0.9 mi
  • Bus 12 0.9 mi
  • Bus 57 1.0 mi
  • Bus 66 1.1 mi
  • Bus 52 1.1 mi
  • Union Pacific West 1.2 mi
  • Blue Line 0.4 mi
  • Green Line 0.4 mi
  • I 290 West 0.5 mi
  • I 290 East 0.6 mi
  • I 55 South 3.6 mi
  • I 55 North 3.7 mi
  • I 90 West 3.7 mi
  • I 94 West 3.7 mi
  • I 90 East 3.7 mi
  • I 94 East 3.7 mi
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