4918 N Monticello Avenue, Chicago, IL 60625
Local realty services provided by:Better Homes and Gardens Real Estate Connections
4918 N Monticello Avenue,Chicago, IL 60625
$674,999
- 9 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: tina hollins
Office: coldwell banker realty
MLS#:12713376
Source:MLSNI
Price summary
- Price:$674,999
About this home
MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST DUE SUNDAY, 9/27 by 12pm. This brick multi-unit building in Albany Park is a rare house-hacker and investor opportunity, with 3 spacious 3-bedroom units, a fully finished lower level, and recent big-ticket upgrades already done. These large 3 bedroom units, each with a primary bedroom, formal dining, sunlit living room, and a bright sun room. Market rent runs approximately $2,300 to $2,600 per unit. Expansive finished lower level with its own kitchen and full bath, perfect for extended-family living, a private guest suite, or generous owner space. NEW building roof and NEW garage roof, so the major capital expenses are already handled. Detached garage plus an additional parking pad, opening the door to extra parking rental income. On-site coin-operated laundry for another stream of supplemental revenue. ADU upside: Zoned multi-unit residential, where Chicago's permanent Additional Dwelling Unit ordinance (effective April 2026) now permits ADUs by-right. Buyers may have a path to explore legalizing additional living space as a conforming ADU, adding a potential third income stream. Buyer to verify ADU eligibility and approvals with the City of Chicago Steps to the CTA Brown Line, Kedzie and Lawrence dining and shopping, Ronan Park, and the Chicago River trail, with fast access to downtown and the expressways. Albany Park is one of the city's most in-demand rental corridors, and tenants want to be here. Live in one unit, rent the others, and let parking and laundry pad your bottom line. Whether you are building generational wealth, buying your first investment, or growing a portfolio, this is the kind of Albany Park building that does not last. Schedule your private showing today....
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Home facts
- Year built:1916
- Listing ID #:12713376
- Updated:November 12, 2026 at 10:01 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:20
- Bathrooms Description:Soaking Tub
- Basement Description:Finished, Full
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Rubber
- Year built:1916
- Foundation Description:Concrete Perimeter
Utilities
- Water:Lake Michigan, Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$674,999
- Tax amount:$11,692 (2024)
Parking
- Total parking spaces:3
- Parking description:Assigned, Detached Garage, Garage
- Garage:Yes
- Garage spaces:2
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