1940 N Monticello Avenue
Chicago, IL, 60647
$830,000
8 Beds
4 Baths
0 SqFt
0 Acres
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$830,000
1940 N Monticello Avenue
Chicago, IL, 60647
MLS #MRD12454278 img 0MLS #MRD12454278 img 1MLS #MRD12454278 img 2MLS #MRD12454278 img 3MLS #MRD12454278 img 4MLS #MRD12454278 img 5MLS #MRD12454278 img 6MLS #MRD12454278 img 7MLS #MRD12454278 img 8MLS #MRD12454278 img 9MLS #MRD12454278 img 10MLS #MRD12454278 img 11MLS #MRD12454278 img 12MLS #MRD12454278 img 13MLS #MRD12454278 img 14MLS #MRD12454278 img 15MLS #MRD12454278 img 16MLS #MRD12454278 img 17MLS #MRD12454278 img 18MLS #MRD12454278 img 19MLS #MRD12454278 img 20MLS #MRD12454278 img 21MLS #MRD12454278 img 22MLS #MRD12454278 img 23MLS #MRD12454278 img 24MLS #MRD12454278 img 25MLS #MRD12454278 img 26MLS #MRD12454278 img 27MLS #MRD12454278 img 28MLS #MRD12454278 img 29MLS #MRD12454278 img 30MLS #MRD12454278 img 31MLS #MRD12454278 img 32MLS #MRD12454278 img 33MLS #MRD12454278 img 34MLS #MRD12454278 img 35MLS #MRD12454278 img 36MLS #MRD12454278 img 37MLS #MRD12454278 img 38MLS #MRD12454278 img 39MLS #MRD12454278 img 40MLS #MRD12454278 img 41MLS #MRD12454278 img 42MLS #MRD12454278 img 43MLS #MRD12454278 img 44MLS #MRD12454278 img 45MLS #MRD12454278 img 46MLS #MRD12454278 img 47
Welcome to 1940 N Monticello Ave – a beautifully renovated legal 2-flat with a non-conforming garden unit, located just steps from the 606 Bloomingdale Trail and all that Logan Square has to offer. This property is the perfect blend of vintage charm and modern convenience, featuring comprehensive updates from top to bottom. Each unit boasts stylish finishes, updated plumbing and electrical, newer windows, and three modern kitchens with stainless steel appliances. The building offers 4 updated bathrooms, a newer roof (2022 overlay), exterior wall insulation, and updated mechanicals, including a new furnace and condenser for the first floor unit, plus two mini splits for the garden unit. The 2nd floor unit has 4 beds/2 baths and is currently vacant but was previously rented for $2700/mo, while the 2 bed/1 bath garden unit brings in $2,000/month as a fully furnished rental (mid-term rental leased through August), providing excellent income from day one. The spacious 2 bed/1 bath first-floor unit is currently owner-occupied and can be delivered vacant, making it ideal for house hacking or increasing your rental income potential. Additional features include a 2-car garage, carport, and a prime location close to parks, restaurants, cafes, and public transportation. Whether you’re a seasoned investor or a first-time buyer looking to live in one unit and rent out the others, this property offers flexibility, stability, and long-term value in one of Chicago’s most sought-after neighborhoods.

Property Details

Price:
$830,000
MLS #:
MRD12454278
Status:
Active
Beds:
8
Baths:
4
Address:
1940 N Monticello Avenue
Type:
Multi Family
Neighborhood:
CHI – Logan Square
City:
Chicago
Listed Date:
Aug 24, 2025
State:
IL
ZIP:
60647
Year Built:
1912

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Construction Materials
Vinyl Siding
Parking Features
No Garage, On Site, Garage Owned, Detached, Garage
Parking Spots
2

Financial

Tax Year
2023
Taxes
$7,980
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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1940 N Monticello Avenue
Chicago, IL