3801 N Albany Avenue, Chicago, IL 60618
Local realty services provided by:Results Realty ERA Powered
3801 N Albany Avenue,Chicago, IL 60618
$575,000
- 11 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by:oscar darden
Office:dei realty llc.
MLS#:12434227
Source:MLSNI
Price summary
- Price:$575,000
About this home
Exceptional opportunity to acquire a cash-flowing 4-unit property in the high-demand Irving Park neighborhood-ideal for the savvy investor seeking strong returns and long-term equity growth. The front frame building offers three spacious 3BD/1BA units, each with separately metered utilities and tenant-paid HVAC, minimizing owner expenses and boosting income. The rear structure adds an additional 2BD/1BA unit, offering diversified rental streams and maximum revenue potential. **This well-maintained asset sits on a quiet, tree-lined residential block, surrounded by consistent rental demand and strong neighborhood fundamentals. Tenants enjoy easy access to public transportation, major highways, parks, and retail, making it easy to lease and retain quality renters. **With minimal deferred maintenance, stable occupancy, and significant upside through rent increases or light value-add updates, this is a low-risk, high-reward investment. Ideal for cash buyers, 1031 exchange participants, or portfolio investors seeking a solid income-producing property in one of Chicago's fastest-appreciating areas. Turnkey, tenant-occupied, and sold as-is-start collecting rent from day one.
Contact an agent
Home facts
- Year built:1895
- Listing ID #:12434227
- Added:53 day(s) ago
- Updated:September 30, 2025 at 07:44 AM
Rooms and interior
- Bedrooms:11
- Total bathrooms:4
- Full bathrooms:4
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1895
- Lot area:0.08 Acres
Utilities
- Water:Lake Michigan, Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$575,000
- Tax amount:$19,692 (2023)
New listings near 3801 N Albany Avenue
- New$145,000Active3 beds 3 baths2,200 sq. ft.
2666 E 73rd Street #4W, Chicago, IL 60649
MLS# 12467259Listed by: DEI REALTY LLC - New$249,000Active4 beds 2 baths
737 N Leamington Avenue, Chicago, IL 60644
MLS# 12483146Listed by: REAL BROKER, LLC - New$259,000Active4 beds 2 baths2,160 sq. ft.
1310 E 72nd Street, Chicago, IL 60619
MLS# 12483855Listed by: REALTY OF AMERICA, LLC - New$450,000Active4 beds 2 baths
3037 N Central Park Avenue N, Chicago, IL 60618
MLS# 12481476Listed by: REALTY OF AMERICA, LLC - New$365,000Active6 beds 2 baths
6660 S Michigan Avenue, Chicago, IL 60637
MLS# 12483829Listed by: HOMESMART REALTY GROUP - New$225,000Active3 beds 2 baths1,870 sq. ft.
6833 N Kedzie Avenue #1101, Chicago, IL 60645
MLS# 12483255Listed by: BAIRD & WARNER - New$325,000Active1 beds 1 baths
910 N Lake Shore Drive #1615, Chicago, IL 60611
MLS# 12483792Listed by: COLDWELL BANKER REALTY - New$410,000Active2 beds 1 baths1,050 sq. ft.
345 N Canal Street #1003, Chicago, IL 60606
MLS# 12481647Listed by: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE - New$249,900Active3 beds 2 baths1,000 sq. ft.
521 E 91st Street, Chicago, IL 60619
MLS# 12482909Listed by: BAIRD & WARNER - New$273,000Active2 beds 1 baths900 sq. ft.
7641 N Eastlake Terrace #1B, Chicago, IL 60626
MLS# 12483736Listed by: REALISTIC REALTY LLC