$375,000
4339 W Monroe Street
Chicago, IL, 60624
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.
Property Details
Price:
$375,000
MLS #:
MRD12451898
Status:
Active Under Contract
Beds:
7
Baths:
5
Type:
Multi Family
Neighborhood:
chiwestgarfieldpark
Listed Date:
Aug 21, 2025
Year Built:
1903
Schools
School District:
299
Interior
Heating
Natural Gas, Forced Air
Exterior
Architectural Style
Greystone
Construction Materials
Brick, Stone
Parking Features
Garage Door Opener, On Site, Garage Owned, Detached, Garage
Parking Spots
2
Financial
Tax Year
2023
Taxes
$2,117
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
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Current real estate data for Multi Family in Chicago as of Sep 03, 2025
1,483
Multi Family Listed
83
Avg DOM
$499,030
Avg List Price
Community
- Address4339 W Monroe Street Chicago IL
- CityChicago
- CountyCook
- Zip Code60624
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Property Summary
- 4339 W Monroe Street Chicago IL is a Multi Family for sale in Chicago, IL, 60624. It is listed for $375,000 To schedule a showing of MLS#mrd12451898 at 4339 W Monroe Street in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
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4339 W Monroe Street
Chicago, IL
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