Closed

$999,900

3038 Albany Avenue, Chicago, IL 60618
7 Beds4 Baths8 days
3038 Albany Avenue·Chicago, IL 60618
7Bedrooms
4Bathrooms
1912Year Built
About This Home

Well-Maintained Brick 3-Flat + Garden Unit - Prime Chicago Investment Opportunity. Solid brick 3-flat with a garden apartment in Avondale, offering a strong blend of current cash flow and future value-add potential. The property features 3 spacious 2-bedroom / 1-bath units and a 1-bedroom / 1-bath garden apartment, making it ideal for both investors and owner-occupants. The upper units feature hardwood floors throughout, and select units have already been upgraded with newer kitchens and updated bathrooms. Additional units remain in more classic condition, presenting a clear opportunity for a buyer to increase rents through further improvements. The building has been exceptionally well maintained with many major capital improvements already completed. Some improvements include, upgraded 100 amps electrical, complete basement main plumbing overhaul in 2015, unit #1 updated in 2014, unit #2 updated in 2019. Each unit features their own laundry and separate utilities; tenants pay all their own utilities. With the heavy lifting already done, this property offers peace of mind alongside upside potential. Whether you're looking for a true armchair investment or a perfect house-hacking opportunity, this Chicago brick 3-flat checks all the boxes for long-term stability and growth all in a great location!

MLS# 12559280Listed February 9, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms7
Total Bathrooms4
Total Rooms15

Size & Structure

Garage Spaces2
Year Built1912
Lot Size0.070 acres

Location

CountyCook
TownshipWest Chicago
Zip Code60618

Financial

List Price$999,900
Annual Taxes (2024)$12,297
Monthly Tax Est.$1,025
Parcel #13251130290000
Interior Features

Heating

Natural GasBaseboard

Basement

FinishedFull
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

Garage Door OpenerYesGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$12,297
Tax Year 2024
Monthly Tax Est.
$1,025
per month
Property Location

3038 Albany Avenue, Chicago, IL 60618Cook County

$999,900
3038 Albany Avenue
7 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
8 days on market
2-car garage
0.070 acres
$12,297/yr taxes
$6,280
estimated monthly payment
Principal & Interest
$5,255/mo
Property Tax
$1,025/mo
$999,900
20% — $199,980
3%50%
6.875%
3%12%
Loan Amount
$799,920
Down Payment
$199,980

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Fulton Grace Realty
Agent: Owen Duffy
Similar Homes

You May Also Like

Keep Exploring

Find Your Perfect Home

Browse available listings in Chicago and across the North Shore.

Also popular on the North Shore

REALTOR® Logo
Equal Housing Opportunity LogoEqual Housing Opportunity

Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

Based on information submitted to the MLS GRID. 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.

© 2026 MLS GRID. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use.