$795,000
4627 N Monticello Avenue
Chicago, IL, 60625
This meticulously maintained large brick three-flat in the heart of Albany Park offers an exceptional investment opportunity. Each of the three incredibly spacious units features three bedrooms, along with a bonus tandem room that can be utilized as an office or a fourth bedroom. These units boast separate living and dining rooms, and as well as beautiful hardwood floors throughout. Additionally, a fully finished 2-bedroom, 1-bath in-law unit provides even more living space. Current rents are below market value, presenting significant potential for growth. Gas, electric, and heat are separately metered and paid for by the tenants, ensuring efficiency and ease of management. Each unit is equipped with its own central air conditioning and heating system for maximum tenant comfort. The building also offers up to six tandem parking spaces in the back. A coin-operated laundry room is conveniently available for tenants. Perfectly located near public transportation, including the Brown Line, local schools, parks, and shopping, this building offers both stability and strong growth potential-making it a truly outstanding investment opportunity.
Property Details
Price:
$795,000
MLS #:
MRD12280868
Status:
Active Under Contract
Beds:
11
Baths:
4
Address:
4627 N Monticello Avenue
Type:
Multi Family
Neighborhood:
CHI – Albany Park
City:
Chicago
Listed Date:
Feb 5, 2025
State:
IL
ZIP:
60625
Year Built:
1924
Schools
School District:
299
Interior
Heating
Natural Gas, Forced Air
Exterior
Community Features
Sidewalks, Street Lights
Parking Features
Off Alley, Off Street
Parking Spots
6
Financial
Tax Year
2023
Taxes
$10,034
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
More About DebraMortgage Calculator
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4627 N Monticello Avenue
Chicago, IL
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