$499,000
For Sale by Owner
Listed 26 days ago

5BR Multi-Family for Sale in Chicago, IL

4322 N Monticello Ave, Chicago, IL 60618
5 Beds
3 Bath
Built 1896
PropSlick Verified Data Key facts & insights for this exact address
1896
Year Built
$5,928
Property Tax / yr
3
Garage Spaces
Cook
County

Key Facts

Property TypeMulti-Family
Year Built1896
Garage Spaces3
Annual Property Tax$5,928

Property Description

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.

Listing description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.

Amenities and Features

Heating

Property Location

Map shows approximate location. Exact address provided to serious inquirers upon contact.

Property Research
View Full Property History on MarketTimeline
Sale history, tax records, neighborhood appreciation, and investment analysis for this address.
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