4XXX W Monroe St, Chicago, IL 60624
$314,700
Basics
- Bedrooms: 5
- Bathrooms: 2
- Area: 2378 sq ft
- Lot size: 3025 sq ft
Description
-
Description:
Solid brick 2-unit opportunity in West Garfield Park with clear value-add potential and the possibility to create a third unit.
Property Details
- 2-Unit Brick Building (Potential 3rd Unit)
- Unit 1: 2 Bedrooms / 1 Bathroom
Unit 2: 3 Bedrooms / 1 Bathroom - Basement: Unfinished
Approx. 7 Ft Ceiling Height - Tenant Occupied
Condition
- Property is in livable condition with value-add potential.
- Basement offers opportunity to convert into a third unit (buyer to verify zoning and compliance).
Financial Snapshot
- Asking Price: $314,700
- Estimated ARV: ~$420,000
Investment Potential
- Strong value-add opportunity in a high-activity investor area.
- Ability to increase income through renovation and potential unit expansion.
- Close proximity to I-290 with convenient access to downtown Chicago.
- West Garfield Park continues to see redevelopment and investor demand, supporting long-term upside.
- Buyer to perform all due diligence.
Contact
For all inquiries, showing requests, or additional information, please call 1-888-775-4570 or email sales@sharpedgeproperty.com.
Location
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