$599,900
Active
4 Days Online
9 Beds0 Baths0 SQFT
Active

4918 N Monticello Avenue Chicago, IL 60625

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Prime investment opportunity centered in the vibrant Albany Park neighborhood. This 35ft wide multi unit is situated on a hyper-residential block just steps from entertainment, shops, restaurants and CTA on Lawrence and Foster Avenues. The brick building features two spacious units, each with three bedrooms, one bathroom, den, separate living and dining areas, a generously sized kitchen, abundant light and hardwood floors. Enclosed rear stairwell provides additional storage for each unit. Two car garage with additional parking pad provides ample parking for each unit. Unit 1 kitchen has been renovated with new cabinets, quartz countertop, sink, back splash, range, and LVP flooring all in up to the minute color schemes. Unit 2 has a long term tenant with room for improvement in both finish and rental rate. Owner does not represent the legality of the basement. Ability to duplex down would allow for an even more exceptional owners unit. Each unit comes with its own dedicated parking space, and residents can enjoy the charming fully fenced in green space in front, offering a pleasant outdoor area. This is an ideal property for those looking to invest in a thriving community with strong rental demand. Additionally, conveniently close to the parks, Chicago River and vast green spaces of North Park and Northeastern Illinois Universities. Further updates include: water tank (2022), Mini-split in basement (2023), coin laundry (2023), updated electrical panels for each unit, basement and common area (2022). Survey available upon request. Each unit has individual gas and electric service.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyCook
  • Taxes$9,408
  • HOA/Condo/Coop Fees$0
  • Days on Site3 Days
  • MLS StatusActive
  • MLS ID Number12165350
  • Home Size Source N/A
  • Year Built1916
  • Lot Size Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Assigned
  • Parking Spaces 3
  • Basement Full
  • Water PublicLake Michigan
  • Property Sub Type Multi Family
  • Garage Spaces 2
  • General Information None
  • Garage Detached
  • Rooms Total 20
  • Lot Size Less Than .25 Acre
  • Parking Total 3

Interior Features

  • Heating Natural GasForced Air
  • Room Types DenEnclosed PorchUtility Room- Lower Level

Exterior Features

  • Waterfront Property No

Community Features

  • Township Jefferson
  • MLS Area CHI - Albany Park

Schools

School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$2,905
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