Properties

Features
: Forced Air , Natural Gas
: Full , Finished
: Assigned , Detached , Garage , Owned , Garage Owned , Yes
: Public Sewer
Address Map
US
IL
Cook
Chicago
60625
Monticello
4918
Avenue
W88° 16' 48.5''
N41° 58' 14.8''
From West Ainslie Street; then head North on North Monticello Avenue
CHI - Albany Park
N
MULTI
Neighborhood
299
299
299
Additional Information
: Brick
2
35 X 125
: Public , Lake Michigan
Coldwell Banker Realty
Tina Hollins
Financial
11691.83
Listing Information
888493
87918
Active
2026-07-15T09:28:03Z
MRED
: List Broker Must Accompany
2026-07-01T05:05:48Z
Property Description

This brick 2 unit building in Albany Park is a rare house-hacker and investor opportunity, with two spacious 3-bedroom units, a fully finished lower level, and recent big-ticket upgrades already done. Two 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 other, 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.

Residential Income For Sale

4918 N Monticello Avenue, Chicago, Illinois 60625

  • Bedrooms : 9
  • Bathrooms : 3
$699,999
Listing ID#12654307
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Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 12654307
Price : $699,999
Bedrooms : 9
Rooms : 20
Bathrooms : 3
Year Built : 1916
Listing Status : Active
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