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Two-Unit Limestone Income Property
For Sale
Contact for pricing

3919 W Monroe Street, Chicago, IL 60624

Tenant-occupied two-unit limestone building with a legal basement unit and garage for off-street parking or storage.

Property SizeContact for details
Days on Market59

Property Features for 3919 W Monroe Street

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multifamily

Building Details

Year Built 1908
Listing Agency: Crosstown Realtors, Inc.
Listed By: Dale Talsma · License #475129836
Source: Crexi
Added: Jun 28 Changed: Aug 19 Last Checked: Aug 23 at 10:48PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crosstown Realtors, Inc.

Investment Insights

Based on property information with market context.

This for-sale two-unit limestone property includes separate living spaces on the first and second floors plus a legal basement unit. The first and second floors each offer three bedrooms and one bathroom, providing two full residential units within the main building. The basement unit is configured as one bedroom with one bathroom, creating an additional income-producing space under the same ownership. The property has been maintained in very good condition, and recent work includes rear porches and stairs. A garage also supports off-street parking and/or storage, adding practical utility for occupants.

Located at 3919 W Monroe Street in Chicago, Illinois, the building’s layout supports an owner-operator or investor approach where multiple units can be managed from one address. With the property currently described as tenant occupied, prospective buyers can review the existing tenancy setup during their due diligence and plan accordingly.

For investors seeking a residential income property with three distinct units across the main floors and legal basement, this configuration offers a straightforward unit mix: two identical upper units plus a one-bedroom basement unit. For owner-occupants, the building’s structure can also support living in one unit while renting the others, subject to confirmation of leases and local requirements. The combination of maintained condition, recent exterior updates to the rear access, and an on-site garage makes the property a practical candidate for buyers evaluating an income-focused residence.

Key Highlights

  • 1908 limestone 2‑unit building with tenant occupancy
  • Includes 1st‑floor and 2nd‑floor units with 3 bedrooms and 1 bath each
  • Legal basement unit adds a 1‑bedroom, 1‑bath rental unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Kitchen & Bath Showroom Dental Office Skin Care Clinic Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,067
Businesses Nearby

Demographics for 60624, IL

37,547
Population
16,250
Households
2.3
Avg Household Size
34
Median Age
13%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
10,728
Density / Sq Mi
$32,607
Median Household Income
$30,924
Median Earnings
$1,152
Median Rent
$223,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Tenant-occupied two-unit limestone building with a legal basement unit and garage for off-street parking or storage.
Where is this duplex located?
The property is located at 3919 W Monroe Street Chicago, IL.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: 1908 limestone 2‑unit building with tenant occupancy; Includes 1st‑floor and 2nd‑floor units with 3 bedrooms and 1 bath each; Legal basement unit adds a 1‑bedroom, 1‑bath rental unit
(630) 730-9568 Call to check price and availability
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