4918 North Monticello, Chicago IL 60625
- Units 3
- Total Beds 9
- Total Baths 3
- Taxes $11,691.83
- Payment Estimate View Mortgage Calculator
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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.
Features & Information
Key Details
- List Price $674,999
- Property Taxes $11,691.83
- Price/ Sq. Ft. Unavailable
- Year Built 1916
- Parking Type Garage,Space/s
- Status Active
Rooms
- Total Rooms 20
- Basement F
Exterior Features
-
Parking
- Parking Details Garage,Space/s
- # of Cars: 3
- # of Garage Spaces: Garage Door Opener(s),7 Foot or more high garage door
Building Information
- Number of Units 3
- Age of Building 100+ Years
- Exterior Construction Brick
- Foundation Concrete
- Heating & Cooling Gas, Forced Air
-
Units
- Unit 1 Stove, Refrigerator, Microwave
- Unit 2 Stove, Refrigerator, Microwave
- Unit 3 Stove, Refrigerator, Microwave
Location
- County Cook
- Township Jefferson
- Corporate Limits Chicago
- Directions to Property From West Ainslie Street; Then Head North On North Monticello Avenue
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 11691.83
- Tax Year 2024
- Tax Exemptions None
- Parcel Identification Number 13113190290000
Utilities
- Sewer Public
Listed by: Coldwell Banker Realty | Phone: 708.424.4000
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 7/28/2026 6:02 PM. 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 Albany Park
Steeped in a rich tradition of ethnic diversity, Albany Park is a northwest side bastion of unique grocery stores, restaurants and shopping, all nestled within a multicultural community. Residents from Korean, Mexican, Middle Eastern and former Yugoslavian descent bring their influences to one of Chicago's liveliest neighborhoods. In fact, Albany Park holds one of the highest ratios of foreign-born residents in the city, which is reflected in the local fare and youth theater projects. Area teenagers and young adults band together to form a multicultural, ensemble group that embraces today's issues and shares the stories of modern-day immigrants and working-class Chicagoans. Enjoy the international tastes of this diverse neighborhood year round, but when August arrives, get ready to join the fun at the annual Albany Park Summer Fest.
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