4418 N Albany Avenue, Chicago IL 60625
Property Description
Legal 3-Unit Opportunity in Albany Park offering immediate income and outstanding long-term upside. First and Second floor with spacious units featuring desirable 3-bedroom layouts, creating strong tenant demand and premium rental potential. Full 2 bedroom legal unit in lower level. Red Hot Albany Park that Investors will appreciate. Owner-occupants will also love the opportunity to live in one unit while generating income from the others. Or this one may make a nice condo conversion. Tenants pay their own utilities, helping keep expenses low and returns strong. The property also includes a 2-car garage plus additional parking on side of garage, adding convenience and value for residents. Ideally located near the Brown Line, shopping, dining, and all that Albany Park has to offer, this property combines convenience, quality, and strong rental demand. Whether you're expanding your portfolio or looking for a live-in investment, this is a rare opportunity to own a legal 3-unit in a highly desirable neighborhood.
Features & Information
Key Details
- List Price $825,000
- Property Taxes $13,272
- Year Built 1916
- Status Re-activated
- List Market Time 2
Units
-
Unit 1
- Floor B
- Rooms 4
- Beds 2
- Baths 1
- Appliances Stove, Refrigerator
- Rent $1,100/mo
- Tenant Pays All
- Lease Expires MTM
-
Unit 2
- Floor 1
- Rooms 8
- Beds 3
- Baths 1
- Appliances Stove, Refrigerator
- Rent $0/mo
- Tenant Pays All
- Lease Expires MTM
-
Unit 3
- Floor 2
- Rooms 8
- Beds 3
- Baths 1
- Appliances Stove, Refrigerator
- Rent $1,600/mo
- Tenant Pays All
- Lease Expires MTM
Exterior Features
-
Parking
- # of Cars: 2
Building Information
- Number of Units 3
- Age of Building 100+ Years
Location
- County Cook
- Township Jefferson
- Corporate Limits Chicago
- Directions to Property Lawrence To Albany North To Property
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 13271.68
- Tax Year 2025
- Tax Exemptions Homeowner
- Parcel Identification Number 13131260260000
Listed by James Michaels for Fathom Realty IL | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 9/10/2026 11:02 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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