4051 W Monroe Street Chicago, IL $ 549,900
4051 W Monroe Street
$ 549,900
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4051 W Monroe Street

Chicago, IL, 60624
$ 549,900
Bedrooms8 Baths3.0

Monthly Estimate*

$ 3,472

4051 W Monroe Street, Chicago, IL 60624 - Image 1
4051 W Monroe Street, Chicago, IL 60624 - Image 2
4051 W Monroe Street, Chicago, IL 60624 - Image 3
4051 W Monroe Street, Chicago, IL 60624 - Image 4

Multi-Family Home for sale in Chicago, IL

for $549,900 with 8 bedrooms and 3 full baths. This home was built in 1901.

**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.

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Multi-Family Active

Price

$ 549,900

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,242

Style

Year Built

1901

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12745765

Features
General
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 N
Property Type Residential Income Two to Four Units
Total Rooms 16
Status New
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
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Interior
Basement Finished Full
Total Bedrooms 8
Total Baths 3
Bedrooms Possible 8
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Yes Detached Garage
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 25 x 121
Waterfront Y/N N
Other Equipment Water Heater-Gas
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* Excluded Features
List By
Baird & Warner

Broker

gina.purdy@bairdwarner.com

Email

Affordability Calculator

$3,909
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,472
Monthly Property Taxes
$437
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/28/2026$549,900 Listed Price

Map


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4051 W Monroe Street, Chicago, IL, 60624 is a Multi-Family Home for sale at $549,900. 4051 W Monroe Street has 8 bedrooms, 3.0 baths, and was built in 1901. The property's zip code is 60624 which is in Chicago, IL