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Multifamily Property with Multi Zoning
For Sale
$240,000

4418 W Monroe Street, Chicago, IL 60624

Residential Income, Chicago, IL

Property SizeContact for details
Lot Size0.25 Acres
Days on Market159

Property Features for 4418 W Monroe Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 7
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bedroom 3, Bedroom 6, Bedroom 4, Bedroom 2, Bedroom 7, Bathroom 1, Bedroom 5, Bedroom 1, Bathroom 2
Window features Screens
Patio and Porch features Deck
Basement Unfinished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions Pulaski to Munroe to West to home
Subdivision CHI - West Garfield Park
Standard status Active
APN 16151030300000
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3831

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Building Details

Year built 1905
Building materials Brick
Roof type Flat
Listing Agency: Berkshire Hathaway HomeServices American Heritage · Prudential Real Estate
Listed By: Victor Jimenez · License #IL475.157367
Added: Mar 17 Changed: Aug 20 Last Checked: Aug 22 at 4:06PM
MLS# 12590540

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

Investment Insights

Based on property information with market context.

This multifamily property is offered for sale at 4418 W Monroe Street in Chicago, Illinois 60624. The property is identified under MULTI zoning and sits on a 0.25-acre lot.

Information provided does not include building size, unit count, or interior details, but the listing classification supports its use as a residential income multifamily asset under the MULTI zoning designation. Buyers and brokers should confirm all property-specific details and current condition during due diligence.

Key Highlights

  • Brick construction home built in 1905
  • Natural gas heating
  • Flat roof

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Gym & Fitness Center (Bike/Boat/Book/etc) Store

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

1,056
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
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - For sale multifamily property in Chicago, IL (60624) on a 0.25-acre lot.
Where is this multifamily property located?
The property is located at 4418 W Monroe Street Chicago, IL.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Brick construction home built in 1905; Natural gas heating; Flat roof
More about this property
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