1940 North Monticello, Chicago IL 60647
- Units 3
- Total Beds 8
- Total Baths 4
- Taxes $7,980.13
- Payment Estimate View Mortgage Calculator
Request Private Showing
Property Description
Welcome to 1940 N Monticello Ave - a beautifully renovated legal 2-flat with a non-conforming garden unit, located just steps from the 606 Bloomingdale Trail and all that Logan Square has to offer. This property is the perfect blend of vintage charm and modern convenience, featuring comprehensive updates from top to bottom. Each unit boasts stylish finishes, updated plumbing and electrical, newer windows, and three modern kitchens with stainless steel appliances. The building offers 4 updated bathrooms, a newer roof (2022 overlay), exterior wall insulation, and updated mechanicals, including a new furnace and condenser for the first floor unit, plus two mini splits for the garden unit. The 2nd floor unit has 4 beds/2 baths and is currently vacant but was previously rented for $2700/mo, while the 2 bed/1 bath garden unit brings in $2,000/month as a fully furnished rental (mid-term rental leased through August), providing excellent income from day one. The spacious 2 bed/1 bath first-floor unit is currently owner-occupied and can be delivered vacant, making it ideal for house hacking or increasing your rental income potential. Additional features include a 2-car garage, carport, and a prime location close to parks, restaurants, cafes, and public transportation. Whether you're a seasoned investor or a first-time buyer looking to live in one unit and rent out the others, this property offers flexibility, stability, and long-term value in one of Chicago's most sought-after neighborhoods.
Features & Information
Key Details
- List Price $830,000
- Property Taxes $7,980.13
- Price/ Sq. Ft. Unavailable
- Year Built 1912
- Parking Type Garage
- Status Active
Rooms
- Total Rooms 16
- Basement F
Exterior Features
-
Parking
- Parking Details Garage
- # of Cars: 2
- # of Garage Spaces: None/NA
Building Information
- Number of Units 3
- Age of Building 100+ Years
- Exterior Construction Vinyl Siding
- Heating & Cooling Gas
-
Units
- Unit 1 Stove, Refrigerator, Central Air Conditioner
- Unit 2 Stove, Refrigerator, Central Air Conditioner
- Unit 3 Stove, Refrigerator, Washer, Dryer, Dishwasher, Central Air Conditioner
Location
- County Cook
- Township Jefferson
- Corporate Limits Chicago
- Directions to Property North Ave To Monticello North To Property
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 7980.13
- Tax Year 2023
- Tax Exemptions Homeowner
- Parcel Identification Number 13353050240000
Utilities
- Sewer Sewer-Publ
Listed by Michael Scanlon for eXp Realty | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 9/2/2025 3:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore Logan Square
Logan Square is a diverse, family-friendly neighborhood with a growing number of restaurants, nightlife and stores, and so much green you'll forget you're in the city. Wide, landscaped boulevards are characteristic of Logan Square – remnants of the past that continue to define the area today. Off the boulevards are a hodgepodge of residences that cover every housing preference, from old mansions to contemporary condominiums. Local eateries and cafés are favorites among Logan Square inhabitants who will find an extensive selection of dining options in all directions. A handful of bars are thrown into the mix, as are theaters and other entertainment venues. Logan Square also offers a decent assortment of retail outlets that embrace both national name brands and those of the homegrown variety. During certain months of the year Logan Square is home to one of Chicago's many farmers' markets, and for anyone who wants to skip out on the Taste of Chicago, you can come to the Taste of Logan Square for a downsized version of the massive food festival.
Mortgage Calculator
- List Price${ formatCurrency(listPrice) }
- Taxes${ formatCurrency(propertyTaxes) }
- Assessments${ formatCurrency(assessments) }
- List Price
- Taxes
- Assessments
Estimated Monthly Payment
${ formatCurrency(monthlyTotal) } / month
- Principal & Interest${ formatCurrency(monthlyPrincipal) }
- Taxes${ formatCurrency(monthlyTaxes) }
- Assessments${ formatCurrency(monthlyAssessments) }
All calculations are estimates for informational purposes only. Actual amounts may vary.
