LKV Realty
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$674,999
$3,400Reward *
4918 N Monticello Avenue, Chicago, IL 60625Listing ID 12713376

4918 N Monticello Avenue, Chicago, IL 60625

Contingent
CHI - Albany Park
Last updated: 1 day ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
9
Bathrooms
Bathrooms
3
Heating
Heating
Natural Gas, Forced Air
Year Built
Year Built
1916
Garages
Garages
2
Parking
Parking
Garage Door Opener, Garage, Yes, Garage Owned, Detached, Assigned, Owned

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

Property Information

Property Details

Location

Address
4918 N Monticello Avenue
County
Cook
City
Chicago
Zip Code
60625
Subdivision
CHI - Albany Park
School District
299
MLS Area
CHI - Albany Park

Interior Features

Beds and Baths

Bedrooms
9

Building

Building Information

Year Built
1916
Construction
Brick
Foundation
Concrete Perimeter
Roof
Rubber

Financial

Special Conditions
List Broker Must Accompany

Property Taxes

Tax Annual Amount
$11,692
Tax Year
2024
Coldwell Banker Realty, (708) 424-4000

Market Report for 60625

* 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 16 Aug 2026, 05:36 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.

MRD888493