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4918 N Monticello Avenue , Chicago, IL 60625

$674,999
  • 4918 N Monticello Avenue , Chicago, IL 60625 Main Photo

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New to the Market New
BEDS9 BATHS3 full MLS#12713376
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

Property Description

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.

4918 N Monticello Avenue | MLS# 12713376

This multi-family property located at 4918 N Monticello Avenue , Chicago, IL 60625 is currently listed for sale with an asking price of $674,999. N Monticello Avenue is located within the District 299 school district. Search Chicago real estate on www.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Finished, Full
Basement: Yes
Garage: 2
Heating: Natural Gas, Forced Air
Lot Size: 35 X 125
Roof Type: Rubber
Taxes: $11,691
Year Built: 1916

Feature Descriptions

Additional rooms: Den, Enclosed Porch, Utility Room-Lower Level
Bath Features: Soaking Tub
Exterior: Brick
Lot Dimensions: 35 X 125
Parcel#: 13113190290000
Parking: Garage Door Opener, Garage, Yes, Garage Owned, Detached, Assigned, Owned
Sewer: Public Sewer
Total Rooms: 20
Township: Jefferson
Water: Lake Michigan, Public

Local Schools

School District: District 299

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty
Agency Phone: 708-424-4000

Shown By

Agency Title: Gambino Realtors
Agency Phone: 815-282-2222

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Estimated Payment

$ 4,237.19 per month $3,066.06 Principal & Interest $974.25 Property Tax $196.87 Homeowner's Insurance

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