4918 N Monticello AVE, Chicago, IL 60625
4918 N Monticello AVE, Chicago, IL 60625
4918 N Monticello AVE, Chicago, IL 60625
32
See all 32 photos
$674,999
Est. payment /mo
Save
9 Beds
3 Baths
Active Under Contract

4918 N Monticello AVE Chicago, IL 60625

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
John Barnak III

John Barnak III

+1(630) 439-6385

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12713376

Bedrooms 9

Year Built 1916

Annual Tax Amount $11,691

Tax Year 2024

Lot Dimensions 35 X 125

Property Sub-Type Two to Four Units

Property Description

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.

Location

State IL

County Cook

Area Chi - Albany Park

Zoning MULTI

Rooms

Basement Finished, Full

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Garage Spaces 2.0

Roof Type Rubber

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Tina Hollins of  Coldwell Banker Realty 

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

John Barnak III

John Barnak III

Broker License ID: 471019889

+1(630) 439-6385

Name
Phone*
Message

By checking this box, I agree to receive recurring marketing communication from Real Broker LLC, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

By checking this box, I agree to the Terms of Service and Privacy Policy of this website.

Go tour this home

4918 N Monticello AVE

QUICK SEARCH

There are 34 quick searches