3-Unit Multifamily
4051 W Monroe Street, Chicago, IL 60624
For Sale
$449,900
Three occupied apartments include a finished garden-level unit, individual heating equipment, and a two-car garage.
Property SizeContact for details
Days on Market55
Property Features for 4051 W Monroe Street
General Information
Standard status
Total Parking Spaces
Property subtype
Occupancy
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
coin-operated washer and dryer
garage
Building Details
Year Built
Tenancy
Listing Agency:
Baird & Warner
(773) 318-7945
Listed By:
Gina Purdy
(773) 775-1855
Source:
Purveyproperties
Added: Sep 17
Changed: Nov 8
Last Checked: Nov 9 at 6:20PM
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 Baird & Warner
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Built in 1901, this multifamily property contains three occupied apartments: two 3-bedroom, 1-bath units above a finished garden-level apartment with 2 bedrooms and 1 bath. The first-floor apartment was renovated in 2024, and the garden-level unit was renovated in 2026. Each unit has a separate furnace and thermostat. The garden apartment has its own hot water heater; the heaters for the upper units are in the lower-level common mechanical area. A coin-operated washer and dryer and a two-car garage are also included.
The apartments are leased on a month-to-month basis except for the garden-level unit, whose lease runs through November 2026. Tenants pay all utilities, and two tenants are long-term occupants.
The apartments are leased on a month-to-month basis except for the garden-level unit, whose lease runs through November 2026. Tenants pay all utilities, and two tenants are long-term occupants.
Key Highlights
- Three occupied units: two 3‑bedroom, 1‑bath apartments and one 2‑bedroom, 1‑bath garden unit
- First‑floor apartment renovated in 2024; garden‑level unit renovated in 2026
- Separate furnace and thermostat for each unit
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Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,080
Businesses Nearby
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Business Placement
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
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Market
Properties on Market for Multifamily properties in Chicago
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Multifamily property - Three occupied apartments include a finished garden-level unit, individual heating equipment, and a two-car garage.
Where is this multifamily property located?
The property is located at 4051 W Monroe Street Chicago, IL.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Three occupied units: two 3‑bedroom, 1‑bath apartments and one 2‑bedroom, 1‑bath garden unit; First‑floor apartment renovated in 2024; garden‑level unit renovated in 2026; Separate furnace and thermostat for each unit
