LKV Realty
Logo
$499,000
$2,400Reward *
4322 N Monticello Avenue, Chicago, IL 60618Listing ID 12696057

4322 N Monticello Avenue, Chicago, IL 60618

Contingent
CHI - Irving Park
Time on site: 42 daysLast updated: Jul 28, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
5
Bathrooms
Bathrooms
3
Days on Site
Days on Site
42
Heating
Heating
Natural Gas
Year Built
Year Built
1896
Garages
Garages
3
Parking
Parking
Yes, Garage Owned, Detached, Garage

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.

Property Information

Property Details

Location

Address
4322 N Monticello Avenue
County
Cook
City
Chicago
Zip Code
60618
Subdivision
CHI - Irving Park
School District
299
MLS Area
CHI - Irving Park

Interior Features

Beds and Baths

Bedrooms
5

Building

Building Information

Year Built
1896
Construction
Brick

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$8,717
Tax Year
2024
Compass, (773) 466-7150

Market Report for 60618

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MRED
MRED logo

Based on information submitted to the MLS GRID as of 17 Aug 2026, 07:41 AM UTC. 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. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MRD895176 • MRD1008504