$835,000
4706 N Monticello Avenue
Chicago, IL, 60625
This all-brick, 4-unit building in the heart of Albany Park offers a fantastic investment opportunity. With two 2-bedroom units and two 1-bedroom units, each already rented through next year, you’ll enjoy immediate cash flow with minimal turnover. Updated over the years and lovingly maintained. Tenants enjoy convenient amenities, including an assigned outdoor parking spot and indoor storage space for each unit. The community laundry facility located in the basement is an added convenience. Situated less than half a mile from the Brown Line and with easy access to I-94, this property offers excellent connectivity to downtown Chicago. Nearby shopping, restaurants, and entertainment ensure the building’s appeal to renters for years to come. Zoned RT-4, this property allows for flexibility and growth, making it an excellent long-term investment. Don’t miss out on this rare opportunity!
Property Details
Price:
$835,000
MLS #:
MRD12219659
Status:
Active Under Contract
Beds:
6
Baths:
4
Address:
4706 N Monticello Avenue
Type:
Multi Family
Neighborhood:
CHI – Albany Park
City:
Chicago
Listed Date:
Dec 2, 2024
State:
IL
ZIP:
60625
Schools
School District:
299
Elementary School:
Haugan Elementary School
High School:
Roosevelt High School
Interior
Heating
Natural Gas, Forced Air
Exterior
Community Features
Park, Curbs, Sidewalks, Street Lights, Street Paved
Other Structures
Garage(s)
Parking Features
Assigned
Parking Spots
4
Roof
Rubber, Flat
Financial
Tax Year
2023
Taxes
$11,767
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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4706 N Monticello Avenue
Chicago, IL
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