4627 N Monticello AVE

Chicago,IL 60625

$ 795000

$ 795000

11 Beds

4 Baths

- SqFt


Key Details

Sold Price $795,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12280868

Sold Date

Bedrooms 11

Year Built 1924

Annual Tax Amount $10,033

Tax Year 2023

Lot Size 3,920 Sqft

Lot Dimensions 33X125

Property Sub-Type Two to Four Units

Property Description

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.

Location

State IL

County Cook

Area Chi - Albany Park

Rooms

Basement Finished,Full

Interior

Heating Natural Gas,Forced Air

Fireplace N

Exterior

Community Features Sidewalks,Street Lights

Building

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 299 ,299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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