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Fully Gut-Rehabbed 3-Unit Triplex
For Sale
$549,900
Pending

4434 W Monroe Street, Chicago, IL 60624

Turnkey legal 3-unit triplex with three 3-bedroom layouts, in-unit laundry, and comprehensive mechanical upgrades.

Property SizeContact for details
Days on Market78

Property Features for 4434 W Monroe Street

General Information

Standard status Pending
Total Parking Spaces 3
Property subtype Multi-Family

Additional Details

Multifamily Units 3

Amenities

stainless steel appliance package
in-unit washer/dryer
recessed lighting
vinyl flooring
European tilt-and-turn windows with light privacy tint
rear wood porch
landscaped with turf

Building Details

Year Built 1903
Listing Agency: Chicagoland Brokers, Inc.
Listed By: Damian Wojcik · License #475179660
Source: Chicago-home-listings.kw
Added: Jun 24 Changed: Sep 8 Last Checked: Aug 25 at 9:32AM

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 Chicagoland Brokers, Inc.

Investment Insights

Based on property information with market context.

Fully gut-rehabbed, legal 3-unit triplex presented as nearly new from top to bottom while preserving the existing foundation and masonry shell. Each unit features 3 bedrooms and 1 bathroom with an open-concept kitchen/living/dining layout, a full stainless-steel appliance package, and in-unit washer/dryer. Improvements include a new roof, new framing, plumbing, and electrical with 400-amp service, along with a 1.5-inch new water service. Each unit also has a high-efficiency furnace and a tankless water heater. Interior finishes include modern kitchens and updated baths, recessed lighting, vinyl flooring throughout, and European tilt-and-turn windows with light privacy tint.

Exterior updates include upgraded masonry, a new rear wood porch, and a 3-car parking pad accessed off the alley. The front and rear yard are landscaped with turf.

Offered for sale as a turnkey property with three separate, renovated units under one roof at 4434 West Monroe Street, Chicago, IL 60624.

Key Highlights

  • Legal 3‑unit triplex built in 1903, fully gut‑rehabbed with major upgrades throughout
  • Each unit offers 3 bedrooms, 1 bathroom, plus open‑concept kitchen/living/dining with a full stainless appliance package
  • In‑unit washer/dryer in each of the three units

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Gym & Fitness Center Skin Care Clinic (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.

Lease Details

3
Residential units

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
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Frequently Asked Questions

What type of property is this?
Triplex - Turnkey legal 3-unit triplex with three 3-bedroom layouts, in-unit laundry, and comprehensive mechanical upgrades.
Where is this triplex located?
The property is located at 4434 W Monroe Street Chicago, IL.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Legal 3‑unit triplex built in 1903, fully gut‑rehabbed with major upgrades throughout; Each unit offers 3 bedrooms, 1 bathroom, plus open‑concept kitchen/living/dining with a full stainless appliance package; In‑unit washer/dryer in each of the three units
More about this property
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