4751 W Monroe St - Multi-Family FOR SALE


Chicago, IL 60644- West Garfield Park
$649,000 USD
312-286-0427
4751 W Monroe St, Chicago, IL for Sale
$649,000 USD
Multi-Family - FOR SALE
1/20
null | 8.4% Cap Rate

4751 W Monroe St
Chicago, IL 60644
West Garfield Park


OVERVIEW

Fully Rehabbed & Investment; gut-rehabbed 3-unit building in Austin, redesigned for durability and modern living. Each of the three spacious, condo-style units features 3 bedrooms and high-end finishes throughout. This property was fully rebuilt with city-approved plans and permits (available upon request). Property Highlights: Fully Permitted Gut Rehab: All-new mechanicals, including individual high-efficiency water heaters and separate electrical panels for each unit. Modern Interiors: Beautifully appointed kitchens with contemporary cabinetry and sleek finishes. Outdoor & Security: Newly constructed 2025 wooden deck with private front and rear access, fresh parking pad, and new perimeter fencing. Efficient Operations: Separate utilities allow for streamlined expense management and clear accounting. Investment Potential: Strategically located with a high-demand 3BR unit mix, this turn-key property offers significant long-term upside and is ready for immediate occupancy. This building is compliant with all local housing standards and is available for all qualified residents.

FOR SALE DETAILS

PRICE

$649,000 USD

PRICE/SF

$197 USD /SF

# OF UNITS

3

PRICE/UNIT

$216,333

CAP RATE

8.4%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gut Rehabbed 3-Unit in Austin

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1912

PARKING SPACES

3

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

16-15-104-002-0000

ASK ABOUT THIS PROPERTY

Lawrence DunningFulton Grace RealtyMore Info
312-286-0427

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Lawrence DunningFulton Grace RealtyMore Info
312-286-0427

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.