4918 N Monticello Avenue
4918 N Monticello Avenue
4918 N Monticello Avenue
4918 N Monticello Avenue
4918 N Monticello Avenue
4918 N Monticello Avenue
4918 N Monticello Avenue
4918 N Monticello Avenue
4918 N Monticello Avenue
4918 N Monticello Avenue
4918 N Monticello Avenue
4918 N Monticello Avenue
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4918 N Monticello Avenue
4918 N Monticello Avenue
4918 N Monticello Avenue
4918 N Monticello Avenue
4918 N Monticello Avenue
4918 N Monticello Avenue
4918 N Monticello Avenue
4918 N Monticello Avenue
4918 N Monticello Avenue
4918 N Monticello Avenue
4918 N Monticello Avenue
4918 N Monticello Avenue
Listed by Tina Hollins with Coldwell Banker Realty 708-424-4000
For Sale

4918 N Monticello Avenue

4918 N Monticello Avenue, Chicago, IL 60625

$699,999
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.

9
beds

3
baths

Tina Hollins

Tina Hollins

Features & Amenities

Interior

  • total bedrooms9
  • Total bathrooms3

Area & Lot

  • Status For Sale
  • MLS® ID12654307
  • TypeMulti-Family
  • YEAR BUILT1916
  • NeighborhoodChicago
  • School District299

Exterior

  • Garage Space2.0
  • water SourceLake Michigan, Public
  • parkingYes, Garage Owned, Detached, Assigned, Owned, Garage
  • HEAT TYPENatural Gas, Forced Air
  • sewerPublic Sewer

Financial

  • Sales Price$699,999
  • Real Estate Tax $11,692/yr
  • Zoning MULTI
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Schedule a Showing

I would love to show you this beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.

Schedule a Showing

I would love to show you this beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.
Thank you for your interest in 4918 N Monticello Avenue, Chicago, IL 60625. We are reviewing your request and will be in touch shortly!

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Work With Tina

My love for helping people combined with my passion for real estate and deep knowledge of Chicago neighborhoods along with my fierce negotiation skills = winning combo! My priority is to ensure a smooth, seamless transaction for all parties while providing excellent client service.

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