Active

$699,999

4918 Monticello Avenue, Chicago, IL 60625
9 Beds3 Baths27 days
4918 Monticello Avenue·Chicago, IL 60625
9Bedrooms
3Bathrooms
1916Year Built
About This Home

This brick 2 unit building in Albany Park is a rare house-hacker and investor opportunity, with two spacious 3-bedroom units, a fully finished lower level, and recent big-ticket upgrades already done. Two 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 other, 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.

MLS# 12654307Listed June 10, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms9
Total Bathrooms3
Total Rooms20

Size & Structure

Garage Spaces2
Year Built1916
Lot Size35 X 125

Location

CountyCook
TownshipJefferson
Zip Code60625

Financial

List Price$699,999
Annual Taxes (2024)$11,692
Monthly Tax Est.$974
Parcel #13113190290000
Interior Features

Heating

Natural GasForced Air

Basement

FinishedFull
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Parking

YesGarage OwnedDetachedAssignedOwnedGarage
Tax & Financial
Annual Taxes
$11,692
Tax Year 2024
Monthly Tax Est.
$974
per month
Property Location

4918 Monticello Avenue, Chicago, IL 60625Cook County

$699,999
4918 Monticello Avenue
9 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
27 days on market
2-car garage
35 X 125
$11,692/yr taxes
$4,653
estimated monthly payment
Principal & Interest
$3,679/mo
Property Tax
$974/mo
$699,999
20% — $140,000
3%50%
6.875%
3%12%
Loan Amount
$559,999
Down Payment
$140,000

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

Listed by
Coldwell Banker Realty
Agent: Tina Hollins
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