4322 N Monticello Avenue Chicago, IL ^$ 575,000

4322 N Monticello Avenue

^$ 575,000

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Recently Listed

4322 N Monticello Avenue

Chicago, IL, 60618

^$ 575,000

Bedrooms5 Baths3.0 Sq 2,005

Monthly Estimate*

^$ 3,587

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Multi-Family Home for sale in Chicago, IL

for $575,000 with 5 bedrooms and 3 full baths. This 2,005 square foot home was built in 1896.

Excellent investment opportunity in Albany Park! This legal 3-unit offers immediate income with plenty of upside for appreciation and improved returns. Ideal for investors seeking a value-add asset or owner-occupants looking to house hack. All three units are in solid, liveable condition, with room for cosmetic updates to increase rents and long-term equity. Strong rental demand in the area supports long-term hold strategies, while nearby new construction highlights the neighborhood's growth trajectory. The property includes a spacious backyard and potential for future improvements. Conveniently located near public transit, dining, and parks, making it attractive to tenants and future buyers alike. A rare opportunity to acquire a well-located multifamily building with significant potential to enhance value over time. Estate sale and being sold as-is.

Multi-Family Active

Price

^$ 575,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 5,928

Style

Year Built

1896

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12509762

Features

General

Sewer Public Sewer

Heating Natural Gas

Possession Closing

Garage Spaces 3

Construction Materials Brick

Year Built 1896

Township Jefferson

Tax Year 2023

Ownership Fee Simple

Gross Income 3600

County Cook

New Construction N

Property Type Residential Income Two to Four Units

Total Rooms 11

Status Active

Directions From Irving Park Rd go west of Kimball Ave turn north on Monticello Ave continue to the 4300 block property is on the east side of Monticello.

City Chicago

High School District 299

MLS Area CHI - Irving Park

Tax Annual Amount 5928

Additional Parcels Y/N N

Virtual Tour https://real.vision/4322-north-monticello-avenue?o=u

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Interior

Basement None

Total Bedrooms 5

Total Baths 3

Bedrooms Possible 5

Full Baths Building 3

Half Baths Building 0

Total Number of Units 3

Exterior

Parking Features Yes Garage Owned Detached Garage

Water Source Lake Michigan

Total Parking 3

Lot Dimensions 3 750 sq ft

Waterfront Y/N N

* Excluded Features

List By

Compass

Broker

Dan@DanLovesHouses.com

Affordability Calculator

$4,081

Per Month

Monthly Principal & Interest: $3,587
Monthly Property Taxes: $494
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$618,348

Percent of Sale Price 8%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/3/2025	$575,000		Listed Price

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4322 N Monticello Avenue, Chicago, IL, 60618 is a Multi-Family Home for sale at $575,000 with 2,005 sqft. 4322 N Monticello Avenue has 5 bedrooms, 3.0 baths, and was built in 1896. The property's zip code is 60618 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/10/2025.

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4322 N Monticello Avenue

Multi-Family Home for sale in Chicago, IL

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