4918 N Monticello Avenue, Chicago, IL 60625
Local realty services provided by:ERA Naper Realty
4918 N Monticello Avenue,Chicago, IL 60625
$674,999
- 9 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: tina hollins
Office: coldwell banker realty
MLS#:12713376
Source:MLSNI
Price summary
- Price:$674,999
About this home
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....
Contact an agent
Home facts
- Year built:1916
- Listing ID #:12713376
- Updated:September 06, 2026 at 08:11 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:20
- Bathrooms Description:Soaking Tub
- Basement Description:Finished, Full
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Rubber
- Year built:1916
- Foundation Description:Concrete Perimeter
Utilities
- Water:Lake Michigan, Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$674,999
- Tax amount:$11,692 (2024)
Parking
- Total parking spaces:3
- Parking description:Assigned, Detached Garage, Garage
- Garage:Yes
- Garage spaces:2
New listings near 4918 N Monticello Avenue
- New
$199,900Active2 beds 2 baths2318 W Rosemont Avenue #2, Chicago, IL 60659
MLS# 12734276Listed by: RE/MAX PROFESSIONALS SELECT - New
$267,000Active4 beds 2 baths1,290 sq. ft.6511 S Ellis Avenue, Chicago, IL 60637
MLS# 12744188Listed by: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE - New
$449,000Active3 beds 1 baths1,536 sq. ft.5133 N Newcastle Avenue, Chicago, IL 60656
MLS# 12749771Listed by: COLDWELL BANKER REALTY - New
$285,000Active3 beds 2 baths1,089 sq. ft.7234 S Albany Avenue, Chicago, IL 60629
MLS# 12751278Listed by: CENTURY 21 CIRCLE - Open Mon, 11am to 2pmNew
$599,900Active7 beds 3 baths2423 N Lawndale Avenue, Chicago, IL 60647
MLS# 12721240Listed by: BAIRD & WARNER - New
$215,000Active5 beds 3 baths1,154 sq. ft.8846 S Parnell Avenue, Chicago, IL 60620
MLS# 12750305Listed by: COLDWELL BANKER REALTY - New
$95,900Active-- beds 1 baths800 sq. ft.6700 S South Shore Drive #4K, Chicago, IL 60649
MLS# 12752369Listed by: RE/MAX LOYALTY - New
$319,900Active2 beds 1 baths990 sq. ft.5455 N Sheridan Road #1015, Chicago, IL 60640
MLS# 12752436Listed by: LOHAN REALTY, INC. - New
$1,499,000Active4 beds 4 baths3726 N Ashland Avenue #PH, Chicago, IL 60613
MLS# 12752459Listed by: CHICITY REAL ESTATE - New
$299,000Active3 beds 3 baths1,480 sq. ft.122 E 49th Street #106, Chicago, IL 60615
MLS# 12752466Listed by: EXP REALTY