Closed

$795,000

4627 Monticello Avenue, Chicago, IL 60625
11 Beds4 Baths14 days
4627 Monticello Avenue·Chicago, IL 60625
11Bedrooms
4Bathrooms
1924Year Built
About This Home

This meticulously maintained large brick three-flat in the heart of Albany Park offers an exceptional investment opportunity. Each of the three incredibly spacious units features three bedrooms, along with a bonus tandem room that can be utilized as an office or a fourth bedroom. These units boast separate living and dining rooms, and as well as beautiful hardwood floors throughout. Additionally, a fully finished 2-bedroom, 1-bath in-law unit provides even more living space. Current rents are below market value, presenting significant potential for growth. Gas, electric, and heat are separately metered and paid for by the tenants, ensuring efficiency and ease of management. Each unit is equipped with its own central air conditioning and heating system for maximum tenant comfort. The building also offers up to six tandem parking spaces in the back. A coin-operated laundry room is conveniently available for tenants. Perfectly located near public transportation, including the Brown Line, local schools, parks, and shopping, this building offers both stability and strong growth potential-making it a truly outstanding investment opportunity.

MLS# 12280868Listed February 5, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms11
Total Bathrooms4
Total Rooms21

Size & Structure

Year Built1924
Lot Size0.090 acres

Location

CountyCook
TownshipNorth Chicago
Zip Code60625

Financial

List Price$795,000
Annual Taxes (2023)$10,034
Monthly Tax Est.$836
Parcel #13141130090000
Interior Features

Heating

Natural GasForced Air

Basement

FinishedFull
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

Off AlleyOff StreetOn SiteOwned
HOA & Community

Community Features

SidewalksStreet Lights
Tax & Financial
Annual Taxes
$10,034
Tax Year 2023
Monthly Tax Est.
$836
per month
Property Location

4627 Monticello Avenue, Chicago, IL 60625Cook County

$795,000
4627 Monticello Avenue
11 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
14 days on market
0.090 acres
$10,034/yr taxes
$5,014
estimated monthly payment
Principal & Interest
$4,178/mo
Property Tax
$836/mo
$795,000
20% — $159,000
3%50%
6.875%
3%12%
Loan Amount
$636,000
Down Payment
$159,000

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

Listed by
Forte Properties, Inc.
Agent: John Warren
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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