Corcoran Urban Real Estate
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19 Properties Within 0.5 miles of: 3801 N Albany, Chicago

3801 N Albany
Chicago, IL 60618

  • 11 Beds
  • Built In 1895
Price

$575,000

Est Payment
$4,689 / month (details)  
Taxes
$19,692  
Beds
11  
Rooms
22  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
3468  
Built
1895  
Neighborhood
Irving Park  
MLS
#12434227
Status
Active (2 days)

Property Description

Exceptional opportunity to acquire a cash-flowing 4-unit property in the high-demand Irving Park neighborhood-ideal for the savvy investor seeking strong returns and long-term equity growth. The front frame building offers three spacious 3BD/1BA units, each with separately metered utilities and tenant-paid HVAC, minimizing owner expenses and boosting income. The rear structure adds an additional 2BD/1BA unit, offering diversified rental streams and maximum revenue potential. **This well-maintained asset sits on a quiet, tree-lined residential block, surrounded by consistent rental demand and strong neighborhood fundamentals. Tenants enjoy easy access to public transportation, major highways, parks, and retail, making it easy to lease and retain quality renters. **With minimal deferred maintenance, stable occupancy, and significant upside through rent increases or light value-add updates, this is a low-risk, high-reward investment. Ideal for cash buyers, 1031 exchange participants, or portfolio investors seeking a solid income-producing property in one of Chicago's fastest-appreciating areas. Turnkey, tenant-occupied, and sold as-is-start collecting rent from day one.

Property Map

Property Details

Utilities

  • Heating Natural Gas, Forced Air
  • Cooling
  • Water Lake Michigan, Public
  • Sewer Public Sewer

Additional Information

Schools
District 299

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

08-07-2025 Listed at $575,000
Last Modified 8/7/25 2:09 PM

Nearby Transportation

  • Bus 80 0.2 mi
  • Bus 152 0.3 mi
  • Bus 82 0.4 mi
  • Bus 94 0.5 mi
  • Bus 78 0.7 mi
  • Bus 77 0.8 mi
  • Bus 49 0.9 mi
  • Bus X49 0.9 mi
  • Bus 53 1.1 mi
  • Bus 56 1.2 mi
  • Blue Line 0.7 mi
  • Brown Line 1.1 mi
  • I 90 West 0.7 mi
  • I 94 West 0.7 mi
  • I 90 East 0.8 mi
  • I 94 East 0.8 mi
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