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11 Properties Within 0.5 miles of: 4918 N Monticello, Chicago
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4918 N Monticello
Chicago, IL 60625

  • 9 Beds
  • Built In 1916
Price

$699,999

Est Payment
$4,488 / month (details)  
Taxes
$11,692  
Beds
9  
Rooms
20  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
35 X 125  
Built
1916  
Neighborhood
Albany Park  
MLS
#12654307
Status
Active (23 days)

Property Description

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.

Property Map

Property Details

Utilities

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

Additional Information

Parking
3 Parking Spaces (2 Garage Spaces), Yes, Garage Owned, Detached, Assigned, Owned, Garage
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

06-10-2026 Listed at $699,999
06-02-2026 Status changed to Unset
07-02-2026 Status changed to Active
Last Modified 7/2/26 9:50 AM

Nearby Transportation

  • Bus 81 0.2 mi
  • Bus 92 0.3 mi
  • Bus 82 0.3 mi
  • Bus 93 0.3 mi
  • Bus 53 0.4 mi
  • Bus 78 0.7 mi
  • Bus 80 1.2 mi
  • Brown Line 0.4 mi
  • I 94 West 1.2 mi
  • I 90 West 1.2 mi
  • I 90 East 1.3 mi
  • I 94 East 1.3 mi
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