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About the Listing 27867 - 247911,264809,888068
Classic Chicago Greystone two-flat in West Garfield Park-delivered with full architectural plans, drawings, and permits-showcasing a brand-new roof, all-new electrical (awaiting final city approval), and all-new plumbing (city passed). Each residence-4BR/2BA up and 3BR/2BA down-spans approximately 1,600 sq ft with soaring ceilings, gorgeous brand-new hardwood floors (paper-protected), new bathrooms, and in-unit laundry hookups (plus a hookup in the basement). Kitchens are new; cabinets/materials are on hand to finish the first-floor kitchen. The walkout basement is huge-approximately 2,100 sq ft-with 7.5-ft ceilings, a freshly poured level concrete floor, two exits, and a full bathroom already in place-excellent upside to add living space or pursue a legal third unit (subject to city approval). That would yield roughly 5,300 sq ft of finished living area-rare at this price point. Light cosmetics remain upstairs; finish those touches and you've got a turn-key building with immediate equity. Pro-forma rents: ~$2,400+ for renovated 4BR/2BA, ~$1,800+ for 3BR/2BA; complete the basement as a 2BR to command ~$1,800+ and reach ~$6,000/month across three units-or live in one and let the other two cover the lion's share of your mortgage and expenses (ideal for FHA 203(k)/renovation financing). ARV ~$486,000 based on nearby renovated sales. Bonus 2-car garage and easy access to I-290 and CTA; close to parks, the Garfield Park Conservatory, and a quick commute to the West Loop/Downtown. Seller isn't distressed-just focused on other projects-offering a savvy buyer the chance to finish quickly and capture serious upside.
Listing Highlights for 4339 W Monroe St
Status
Pending
Days on Site
26
Property Type
Multi-Family
MLS ®
12451898
Year Built
1903
Total Square Footage
0
Lot/Acreage
25 x 139
Interior Details
- Bedrooms: 7
- Bathrooms: 5 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished,Full,Walk-Out Access
- Other:
- Water: Lake Michigan,Public
Exterior Details
- Garage Capacity: 2 car
- Parking Spaces: 2
- Lot Dimensions: 25 x 139
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Garage Door Opener,On Site,Garage Owned,Detached,Garage
Financial Details
- Tax Amount: $2,117
- Taxes w/Assessments: N/A
- Tax/Property ID: 16152040070000
- Tax Year: 2023
Payment Calculator
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Listing Location
Questions About..
4339 W Monroe St Chicago, IL 60624
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