4418 N Albany Avenue
Chicago, IL, 60625
$825,000
8 Beds
5 Baths
0 SqFt
0 Acres
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$825,000
4418 N Albany Avenue
Chicago, IL, 60625
MLS #MRD12750088 image #0MLS #MRD12750088 image #1MLS #MRD12750088 image #2MLS #MRD12750088 image #3MLS #MRD12750088 image #4MLS #MRD12750088 image #5MLS #MRD12750088 image #6
Family owned 30+ years, Legal 3-Unit Opportunity in Albany Park offering income and outstanding long-term upside. In ADU upside district , where Chicago’s permanent Additional Dwelling Unit ordinance (effective April 2026) now permits ADUs by-right. Buyers may have a path to explore building additional coach house in rear for additional living space as a conforming ADU, adding a possible additional income stream. First and Second floor with spacious units featuring desirable 3-bedroom layouts, creating strong tenant demand and premium rental potential. Full 2 bedroom 3 bath legal unit in lower level. Red Hot Albany Park that Investors will appreciate. Owner-occupants will also love the opportunity to live in one unit while generating income from the others. May also be an excellent condo conversion project. Tenants pay their own utilities, helping keep expenses low and returns strong. The property includes a 2-car garage plus additional parking on side of garage, adding convenience and value for residents. Ideally located near the Brown Line, shopping, dining, and all that Albany Park has to offer. This property combines convenience, quality, and strong upside rental demand. Whether you’re expanding your portfolio or looking for a live-in investment, this is a rare opportunity to own a legal 3 with possible added ADU potential in a highly desirable neighborhood.

Property Details

Price:
$825,000
MLS #:
MRD12750088
Status:
Active
Beds:
8
Baths:
5
Type:
Multi Family
Neighborhood:
chialbanypark
Listed Date:
Sep 2, 2026
Year Built:
1916
Chi – Albany ParkChialbanypark

Schools

School District:
299

Interior

Heating
Natural Gas, Forced Air

Exterior

Construction Materials
Brick
Garage Spaces
2
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2
Roof
Asphalt, Rubber

Financial

Tax Year
2025
Taxes
$13,272
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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 Oct 02, 2026
1,373
Multi Family Listed
78
Avg DOM
$528,477
Avg List Price

Community

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Property Summary

    4418 N Albany Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60625. It is listed for $825,000 To schedule a showing of MLS#mrd12750088 at 4418 N Albany Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
4418 N Albany Avenue
Chicago, IL