4627 N Monticello Avenue
Chicago, IL 60625
- 11 beds
- 4 baths
- – sqft
- 3,920 sqft lot
- 1924 build
- – on site
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.
Listing courtesy of MRED / Forte Properties, Inc. as distributed by MLS GRID
Last checked:
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Last updated Feb 7, 2025
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MLS# 12280868 —
The Building
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Year Built:1924
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Rebuilt:No
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New Construction:false
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Basement:Full
Interior
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Room Type:Sitting Room
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Rooms Total:21
Location
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Directions:Take Central Park to Wilson, then head west on Monticello to the property.
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Location:28588
The Property
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Parcel Number:13141130090000
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Property Type:Residential Income
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Lot Size Dimensions:33X125
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Lot Size Acres:0.09
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (708) 315-7310
- Office phone:
- (708) 315-7310
Taxes
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Tax Year:2023
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Tax Annual Amount:10033.62
Beds
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Bedrooms Total:11
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Bedrooms Possible:11
Baths
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Baths:4
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Full Baths:4
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas, Forced Air
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
The Community
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Community Features:Sidewalks, Street Lights
Parking
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Parking Total:6
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Parking Features:Off Alley, Off Street
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Parking Onsite:Yes
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Parking Ownership:Owned
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/5/25
Feb 5, 2025
|
Listed / Active | MRED | $795,000 | 13.6% (7.4% / YR) |
4/7/23
Apr 7, 2023
|
MRED | $700,000 | -11.9% | |
2/22/23
Feb 22, 2023
|
MRED | $795,000 |