About This Home

This 8-bedroom, 3-bathroom single family at 4051 W. Monroe Street in Chicago, IL is listed for $449,900. Built in 1901, on a N/A lot.

Key Features

  • Built in 1901

Property Details

3 full
1901
Listing 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.

Monthly Cost Estimate

$2,406/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,950
Insurance$131

Estimates only. Actual payments may vary.

Location

4051 W. Monroe Street

Chicago, IL 60624

Questions & Answers

This 8-bedroom, 3-bathroom single family at 4051 W. Monroe Street is listed at $449,900. The estimated monthly payment is $2,406 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1901.

This property is listed by Gina Purdy.

GP

Gina Purdy

Agent at Baird & Warner Real Estate

Listed by Baird & Warner Real Estate · Broker phone: 7737751855 · Broker website

MLS# 12762987· Source: Baird & Warner Real Estate· 45 days on PropertySimple

Copyright © 2026 Baird & Warner Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4051 W. Monroe Street, Chicago, IL 60624

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