**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.
Listed By
Agency Name: Baird & Warner
Agency Phone: 773-775-1855
Shown By
Agency Title: Gambino Realtors
Agency Phone: 815-282-2222
Estimated Payment
$ 3,095.04 per month $2,497.82 Principal & Interest $436.83 Property Tax $160.39 Homeowner's Insurance
4051 W Monroe Street | MLS# 12745765
This multi-family property located at 4051 W Monroe Street , Chicago, IL 60624 is currently listed for sale with an asking price of $549,900. W Monroe Street is located within the District 299 school district. Search Chicago real estate on www.gogambino.com today.