4322 N Monticello Avenue
Chicago, IL, 60618
$499,000
5 Beds
3 Baths
0 SqFt
0 Acres
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$499,000
4322 N Monticello Avenue
Chicago, IL, 60618
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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 Details

Price:
$499,000
MLS #:
MRD12696057
Status:
Active Under Contract
Beds:
5
Baths:
3
Type:
Multi Family
Neighborhood:
chiirvingpark
Listed Date:
Jul 6, 2026
Year Built:
1896
Chi – Irving ParkChiirvingpark

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Construction Materials
Brick
Garage Spaces
3
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
3
Parking Total
3

Financial

Tax Year
2024
Taxes
$8,717
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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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Current real estate data for Multi Family in Chicago as of Aug 25, 2026
1,418
Multi Family Listed
83
Avg DOM
$529,873
Avg List Price

Community

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Property Summary

    4322 N Monticello Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60618. It is listed for $499,000 To schedule a showing of MLS#mrd12696057 at 4322 N Monticello Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
4322 N Monticello Avenue
Chicago, IL