7625 Monroe Street
Welcome to your next great investment or owner-occupied opportunity in the heart of Forest Park! While you might see standard multi-unit buildings hitting the market, this unique property stands out by offering an incredible, flexible setup: a charming front two-flat plus a beautifully refreshed rear coach house with a fenced yard between the buildings. Coach house recently vacated after a 4-year tenancy. Front building units are on month-to-month leases. Whether you are looking to house-hack by living in the private coach house while the front units add to your income, or you want a solid, income-producing addition to your portfolio, this property is ready to deliver. All units have been consistently rented, demonstrating a proven track record of demand and income. Truly fabulous location in close proximity to Forest Park's Madison Street corridor just steps away from shops, restaurants, entertainment and vibrant community events. Parking is rented for tenants right across the street at Silverland Bakery @$60/space. This arrangement has been in place for the last 15 years. Some deferred maintenance is reflected in the price. Offered as-is.
- Starship Subs 250 ft
- Thai Time Restaurant 300 ft
- Big Boss 350 ft
- McDonald's 400 ft
- Madison Park (MP) Kitchen 600 ft
- Exit Strategy Brewing 650 ft
- Mini-Mart 300 ft
- Citgo 0.5 mi
- BP Shop 0.5 mi
- Thorntons 0.5 mi
- 7-Eleven 0.6 mi
- Jewel-Osco 0.6 mi
- Popelka Park 0.2 mi
- Washington Triangle Park 0.3 mi
- Washington Square Park 0.4 mi
- Forest Park 0.4 mi
- Veterans Memorial Park 0.4 mi
- Remembrance Park 0.4 mi
- Kribi Coffee 0.3 mi
- Starbucks 0.4 mi
- Blue Max Coffee 0.5 mi
- Black Fodder 0.5 mi
- Dunkin' 0.7 mi
- La Borra 0.9 mi
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MLS data provided through MLS GRID · MRED MLS · MLS# MRD12601682