Closed

$499,000

4322 Monticello Avenue, Chicago, IL 60618
5 Beds3 Baths21 days
4322 Monticello Avenue·Chicago, IL 60618
5Bedrooms
3Bathrooms
1896Year Built
About This Home

This legal 3-unit in Albany Park sits blocks from the Kimball Brown Line in one of Chicago's most consistent rental corridors. It's surrounded by new construction that signals where this pocket is headed, offering real long-term appreciation potential for those who move early. A new electrical panel and newer garage are already in place, giving the next owner a head start on the items that matter most while leaving meaningful room to build equity through improvements on their own timeline. The garage is not currently being utilized by tenants, which means parking income is sitting on the table as an immediate opportunity for the next owner. The middle unit is vacant and ready for an owner-occupant to move right in or lease to a new tenant at current market rents, with the two additional units already occupied. Investors will find consistent tenant demand along the Kedzie and Lawrence rental corridor, which historically keeps vacancy low in a neighborhood where patient buyers have been rewarded. Owner-occupants get a rare chance to live in a vibrant, well-connected neighborhood while the other units and the garage help carry the mortgage and build long-term wealth. Jensen Park and River Park are both within the neighborhood, and Kedzie and Lawrence put dining, transit, and everyday conveniences right at the door. Sold as-is.

MLS# 12696057Listed July 6, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms5
Total Bathrooms3
Total Rooms11

Size & Structure

Garage Spaces3
Year Built1896
Lot Size3,750 sq ft

Location

CountyCook
TownshipJefferson
Zip Code60618

Financial

List Price$499,000
Annual Taxes (2024)$8,717
Monthly Tax Est.$726
Parcel #13143060320000
Interior Features

Heating

Natural Gas

Basement

None
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

YesGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$8,717
Tax Year 2024
Monthly Tax Est.
$726
per month
Property Location

4322 Monticello Avenue, Chicago, IL 60618 — Cook County

$499,000
4322 Monticello Avenue
5 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
21 days on market
3-car garage
3,750 sq ft
$8,717/yr taxes
$3,349
estimated monthly payment
Principal & Interest
$2,622/mo
Property Tax
$726/mo
$499,000
20% — $99,800
3%50%
6.875%
3%12%
Loan Amount
$399,200
Down Payment
$99,800

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

Listed by
Compass
Agent: Dan Nelson
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.