4339 West Monroe, Chicago IL 60624
$375,000

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Property Description

Classic Chicago Greystone two-flat in the fast-rising West Garfield Park, delivered with full architectural plans, drawings, and permits-a rare, high-upside opportunity nearly ready for completion. Featuring a newer roof with a fresh layer on top, all-new plumbing (city-passed), and all-new electrical (awaiting final city approval), this property offers peace of mind and major value-add potential. Each spacious unit-4BR/2BA up and 3BR/2BA down-spans approximately 1,600 sq ft with soaring ceilings, gleaming new hardwood floors, updated bathrooms, and washer/dryer hookups in every unit, including the basement, a feature tenants love for convenience and modern living. The walkout basement (approx. 2,100 sq ft with 7.5-ft ceilings and a full bath) is primed for finishing as a duplex-down or legal third unit to unlock additional income and expand total living space-perfect for a 203(k) buyer looking to finish the basement and live in it while the top two units cover or even eliminate most monthly mortgage and expenses. The home requires only minimal work to complete, with kitchen cabinets and materials for Unit 1 included, and boasts strong fundamentals and upside. After-repair value (ARV) is estimated at $456,000 as a two-unit and $505,000 with a finished basement, based on comparable sales within the past six months and within a one-square-mile radius. Pro-forma rents show strong demand, with average 4BR/2BA units renting for $2,350/month and 3BR/2BA units for $1,892/month, both based on leased units within the past 12 months and within a one-mile radius. Additional highlights include a two-car garage, convenient access to I-290 and CTA, and proximity to the United Center redevelopment zone, where investment and property values continue to climb. The seller, a professional remodeling contractor, is not distressed-just focused on other projects-and is offering a rare $10,000 closing credit, making this an ideal opportunity for house hackers and smart investors seeking a turn-key Greystone with minimal work left and maximum equity upside in one of Chicago's most promising neighborhoods.

Features & Information

Key Details

  • List Price $375,000
  • Property Taxes $2,117
  • Price/ Sq. Ft. Unavailable
  • Year Built 1903
  • Parking Type Garage
  • Status New

Rooms

  • Total Rooms 15
  • Basement F

Exterior Features

  • Parking

  • Parking Details Garage
  • # of Cars:  2
  • # of Garage Spaces:  Garage Door Opener(s)

Building Information

  • Number of Units 2
  • Age of Building 100+ Years
  • Exterior Construction Brick,Stone
  • Heating & Cooling Gas, Forced Air
  • Units

  • Unit 1 None
  • Unit 2 None

Location

  • County Cook
  • Township West Chicago
  • Corporate Limits Chicago
  • Directions to Property From I-290 (eisenhower), Exit Pulaski Rd, Go North To Monroe St, Then Turn West And Continue To 4339 W Monroe St (between Kildare Ave And Kostner Ave).
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 2117
  • Tax Year 2023
  • Parcel Identification Number 16152040070000

Utilities

  • Sewer Sewer-Publ

Listed by: Straight-A Realty, LLC | Phone: 630.288.2446
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/1/2025 3:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore West Garfield Park

Since being settled by Scandinavian and Irish immigrants in the 1870s, West Garfield Park has become a working-class neighborhood on the rise. Its convenience to downtown has attracted the interest of business-owners and residential developers, but as of now, the up-and-coming West Garfield Park is still an affordable option for first-time homebuyers, young working singles and families alike. Gradual modernization of housing is slowly giving this classic neighborhood a contemporary face-lift, although the majority of properties here are of the vintage persuasion, rather than new design. West Garfield Park is also embellished with a healthy assemblage of retailers and restaurateurs, not to mention a large number of educational academies that include a specialized charter school and college level institution.

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