2849 W Monroe Street, Chicago IL 60612
Property Description
**Exceptional New Construction 3-Unit Investment Opportunity!** Don't miss this beautifully newly constructed brick and Hardie siding 3-unit building, designed with modern finishes, spacious layouts, and outstanding income potential. Whether you're an investor looking for a turnkey rental property or an owner-occupant seeking additional rental income, this property is ready for immediate occupancy after closing. The **first-floor unit** features **2 spacious bedrooms, a private office/den, and 2.5 bathrooms**, offering a flexible floor plan ideal for today's lifestyle. The **second and third-floor units** each offer **2 generously sized bedrooms and 2 full bathrooms**, with open-concept living spaces filled with natural sunlight. Each unit is thoughtfully appointed with: * Beautiful 42-inch kitchen cabinets * Elegant quartz countertops * Stainless steel appliance package * Durable laminate flooring throughout * Bright, sun-filled interiors with abundant natural light * In unit laundry Hook up Minutes from the train station,and expressway. Additional property features include a rear metal porch, wrought iron fencing, a private fenced yard, and secure gated private parking for residents. This turnkey property offers excellent rental income potential and is ready to be leased immediately or occupied upon closing. Investors are welcome! **Disclosure:** Owners of the LLC are licensed Real Estate Brokers in the State of Illinois.
Features & Information
Key Details
- List Price $989,900
- Property Taxes $771
- Year Built 2026
- Status Active
- List Market Time 69
Units
-
Unit 1
- Floor 1
- Rooms 3
- Beds 2
- Baths 2.1
- Appliances Stove, Refrigerator, Dishwasher, Microwave
- Rent $0/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires 0
-
Unit 2
- Floor 2
- Rooms 3
- Beds 2
- Baths 2
- Appliances Stove, Refrigerator, Dishwasher, Microwave
- Rent $0/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires 0
-
Unit 3
- Floor 3
- Rooms 3
- Beds 2
- Baths 2
- Appliances Stove, Refrigerator, Dishwasher, Microwave
- Rent $0/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires 0
Exterior Features
-
Parking
- # of Cars: 3
Building Information
- Number of Units 3
- Age of Building NEW Ready for Occupancy
Location
- County Cook
- Township West Chicago
- Corporate Limits Chicago
- Directions to Property Sacramento Blvd To Fifth Ave East To Monroe
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
- School Name Marshall Metropolitan High Schoo
-
Property Taxes
- Tax 771
- Tax Year 2023
- Parcel Identification Number 16131090040000
Listed by Neelam Dwivedi for RAJ Realty & Investment Co. | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/24/2026 9:32 AM. 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 East Garfield Park
Picturesque gardens and organic produce markets cross paths with vintage graystones and soul food restaurants in this long established - and now re-established - west side Chicago neighborhood. East Garfield Park is probably best known for the Garfield Park Conservatory which is one of the largest in the U.S. Like taking a step into another hemisphere, the conservatory is your ticket to a lush tropical climate with 30-foot palm trees and fragrant orchids, even in the dead of winter. The rest of the 185-acre park transports visitors to a fashionable Parisian-inspired commons with grand promenades, large ponds and landscaped grounds. On the restaurant front, East Garfield Park is a jackpot of American cuisine with a twist of southern cooking thrown in. Red hots, hamburgers and fries, fried fish and chicken, macaroni and cheese, submarines, peach cobblers and any other comfort food you can think of. For a taste of East Garfield Park's retail business just head over to Madison Street for the best shopping stops.
Mortgage Calculator
- List Price${ formatCurrency(listPrice) }
- Taxes${ formatCurrency(propertyTaxes) }
- Assessments${ formatCurrency(assessments) }
- List Price
- Taxes
- Assessments
Estimated Monthly Payment
${ formatCurrency(monthlyTotal) } / month
- Principal & Interest${ formatCurrency(monthlyPrincipal) }
- Taxes${ formatCurrency(monthlyTaxes) }
- Assessments${ formatCurrency(monthlyAssessments) }
All calculations are estimates for informational purposes only. Actual amounts may vary.