4216 W Monroe Street

Chicago, Illinois 60624
New / MLS #11299929 / Multiple Unit (2-4) / West Garfield Park
Investor Special!! Ever thought about owning your own investment property that cash flows over $58,000 a year and an NOI of over $46,000 a year ? Well look no more, presenting 4216 W. Monroe Street,100% Rehabbed ..!! Great Potential for an owner / occupant or investor. Units have been Newly Remolded and floor plans are very spacious. All mechanicals and windows have been updated in this Large Greystone 2-Unit + n- law arrangement unit building. Seller nor agent warrant legality of the n-law arrangement unit. There are 2 apartments with in-unit washer/dryers. All HUGE Units consisting of Hardwood Floors + 4 bedrooms + 1 bath + Living Room + Dining Room + 10 Feet + Ceilings. Turn-key ready for a new owner looking to live rent free or an investor looking for a great income producing investment !Each unit has individual heat - very low ownership expenses. Owner provided stoves + refrigerators + washer / dryers. Back porch is less than 8 years old + Newer Roof + Newer Windows. Spacious cement covered backyard + Plenty of off street parking. Property sold AS - IS Owner is a Real Estate Broker. Tenants rights during Covid-19 are observed. This Opportunity will be gone quick, setup your exclusive showing and good luck! Up to a 53.52% CASH ON CASH DEAL! 13.38% CAP RATE. No other deal like this right now ! Priced to sell. Motivated Sellers. Must have pre- qualification letter proof of funds before showing. (Note - Buyer Premium of 1%)

See it in person

Open House

1:00pm - 2:00pm 1/22/22

Full Features
Architecture Style: Greystone
Exterior Type: Brick,Stone
Basement: Finished
Beds Above Grade: 12
Heating System: Natural Gas
Pool: No
Age: 100+ Years
Parking Type: None
Roof Type: Flat
Room Count: 21
Water Front: No
Square Feet: N/A
Lot Size: Less Than .25 Acre
Acreage: 0.06
Taxes & Assessments
Tax Amount: $2,851
Tax Year: 2020
Zip Code: 60624
City: Chicago
County: Cook
School District(s): 299
Elementary School: N/A
Middle School: N/A
High School: N/A

Listing Office:


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