4918 N Monticello Avenue
Chicago, IL, 60625 $ 699,999
Bedrooms9 Baths3.0 Monthly Estimate*
$ 4,420
for $699,999 with 9 bedrooms and 3 full baths. This home was built in 1916.
This brick 2 unit building in Albany Park is a rare house-hacker and investor opportunity, with two spacious 3-bedroom units, a fully finished lower level, and recent big-ticket upgrades already done. Two large 3 bedroom units, each with a primary bedroom, formal dining, sunlit living room, and a bright sun room. Market rent runs approximately $2,300 to $2,600 per unit. Expansive finished lower level with its own kitchen and full bath, perfect for extended-family living, a private guest suite, or generous owner space. NEW building roof and NEW garage roof, so the major capital expenses are already handled. Detached garage plus an additional parking pad, opening the door to extra parking rental income. On-site coin-operated laundry for another stream of supplemental revenue. ADU upside: Zoned multi-unit residential, where Chicago's permanent Additional Dwelling Unit ordinance (effective April 2026) now permits ADUs by-right. Buyers may have a path to explore legalizing additional living space as a conforming ADU, adding a potential third income stream. Buyer to verify ADU eligibility and approvals with the City of Chicago Steps to the CTA Brown Line, Kedzie and Lawrence dining and shopping, Ronan Park, and the Chicago River trail, with fast access to downtown and the expressways. Albany Park is one of the city's most in-demand rental corridors, and tenants want to be here. Live in one unit, rent the other, and let parking and laundry pad your bottom line. Whether you are building generational wealth, buying your first investment, or growing a portfolio, this is the kind of Albany Park building that does not last. Schedule your private showing today.
See more
FeaturesGeneralSewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Zoning MULTI
Garage Spaces 2
Construction Materials Brick
Year Built 1916
Township Jefferson
Tax Year 2024
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 20
Status Active
Directions From West Ainslie Street; then head North on North Monticello Avenue
City Chicago
High School District 299
MLS Area CHI - Albany Park
Tax Annual Amount 11691.83
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
See more
InteriorBasement Finished Full
Total Bedrooms 9
Room Type Den Enclosed Porch Utility Room-Lower Level
Total Baths 3
Bedrooms Possible 9
Bathroom Soaking Tub
Full Baths Building 3
Half Baths Building 0
Total Number of Units 2
See more
ExteriorParking Features Yes Garage Owned Detached Assigned Owned Garage
Water Source Lake Michigan Public
Total Parking 3
Lot Dimensions 35 X 125
Waterfront Y/N N
See more
* Excluded FeaturesList ByColdwell Banker RealtyBroker
info@tinahollins.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,420
- Monthly Property Taxes
- $974
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Chicago, IL
Average List Price $618,447
Percent of Sale Price 12%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/2/2026 | $699,999 | | Listed Price |