4418 N Albany Avenue, Chicago, IL 60625

Chicago
Local realty services provided by:Better Homes and Gardens Real Estate Connections
4418 N Albany Avenue,Chicago, IL 60625
$825,000
  • 8 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: james michaels
Office: fathom realty il
MLS#:12750088
Source:MLSNI

Price summary

  • Price:$825,000

About this home

Family owned 30+ years, Legal 3-Unit Opportunity in Albany Park offering income and outstanding long-term upside. In ADU upside district , where Chicago's permanent Additional Dwelling Unit ordinance (effective April 2026) now permits ADUs by-right. Buyers may have a path to explore building additional coach house in rear for additional living space as a conforming ADU, adding a possible additional income stream. First and Second floor with spacious units featuring desirable 3-bedroom layouts, creating strong tenant demand and premium rental potential. Full 2 bedroom 3 bath legal unit in lower level. Red Hot Albany Park that Investors will appreciate. Owner-occupants will also love the opportunity to live in one unit while generating income from the others. May also be an excellent condo conversion project. Tenants pay their own utilities, helping keep expenses low and returns strong. The property includes a 2-car garage plus additional parking on side of garage, adding...

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Home facts

  • Year built:1916
  • Listing ID #:12750088
  • Updated:September 28, 2026 at 08:19 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:5
  • Full bathrooms:5
  • Rooms Total:20
  • Basement Description:Finished, Full

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Asphalt, Rubber
  • Year built:1916
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Lake Michigan
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$825,000
  • Tax amount:$13,272 (2025)

Parking

  • Total parking spaces:2
  • Parking description:Detached Garage, Garage
  • Garage:Yes
  • Garage spaces:2
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