4322 N Monticello AVE Chicago, IL 60618 New

UPDATED: 12/05/2025 08:36 AM ON MARKET: 6 days on market

$575,000

5 Beds3 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12509762

Bedrooms 5

Year Built 1896

Annual Tax Amount $5,928

Tax Year 2023

Lot Dimensions 3,750 sq ft

Property Sub-Type Two to Four Units

Property Description

Excellent investment opportunity in Albany Park! This legal 3-unit offers immediate income with plenty of upside for appreciation and improved returns. Ideal for investors seeking a value-add asset or owner-occupants looking to house hack. All three units are in solid, liveable condition, with room for cosmetic updates to increase rents and long-term equity. Strong rental demand in the area supports long-term hold strategies, while nearby new construction highlights the neighborhood's growth trajectory. The property includes a spacious backyard and potential for future improvements. Conveniently located near public transit, dining, and parks, making it attractive to tenants and future buyers alike. A rare opportunity to acquire a well-located multifamily building with significant potential to enhance value over time. Estate sale and being sold as-is.