This meticulously maintained large brick three-flat in the heart of Albany Park offers an exceptional investment opportunity. Each of the three incredibly spacious units features three bedrooms, along with a bonus tandem room that can be utilized as an office or a fourth bedroom. These units boast separate living and dining rooms, and as well as beautiful hardwood floors throughout. Additionally, a fully finished 2-bedroom, 1-bath in-law unit provides even more living space. Current rents are below market value, presenting significant potential for growth. Gas, electric, and heat are separately metered and paid for by the tenants, ensuring efficiency and ease of management. Each unit is equipped with its own central air conditioning and heating system for maximum tenant comfort. The building also offers up to six tandem parking spaces in the back. A coin-operated laundry room is conveniently available for tenants. Perfectly located near public transportation, including the Brown Line, local schools, parks, and shopping, this building offers both stability and strong growth potential-making it a truly outstanding investment opportunity.
Closed
$795,000
4627 N Monticello Ave, Chicago, IL 60625
9beds
--sqft
Multi Family
Built in 1924
-- sqft lot
$800,000 Zestimate®
$--/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 10, 2025 at 01:27am
Listing courtesy of:
John Warren 847-894-2433,
Forte Properties, Inc.,
Sharon Knickerbocker 315-727-2028,
Forte Properties, Inc.
Bought with:
Monica Deanda
PROSALES REALTY
Source: MRED as distributed by MLS GRID,MLS#: 12280868

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air
Features
- Basement: Finished,Full
Property
Parking
- Total spaces: 6
- Parking features: Off Alley, Off Street, On Site, Owned
Lot
- Size: 3,920 sqft
- Dimensions: 33X125
Details
- Parcel number: 13141130090000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1924
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Community
- Community features: Sidewalks, Street Lights
Location
- Region: Chicago
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Services availability
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$800,000
2% more+ $16,000
With Zillow Showcase(estimated)
$816,000