Chicago, IL 60625 4918 N Monticello Avenue

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Presented By: @properties Christie's International Real Estate
  • MLS# 12165350
  • 09/16/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 9
  • Baths • 3
  • Garage • 2

Home Details

Prime investment opportunity centered in the vibrant Albany Park neighborhood. This 35ft wide multi unit is situated on a hyper-residential block just steps from entertainment, shops, restaurants and CTA on Lawrence and Foster Avenues. The brick building features two spacious units, each with three bedrooms, one bathroom, den, separate living and dining areas, a generously sized kitchen, abundant light and hardwood floors. Enclosed rear stairwell provides additional storage for each unit. Two car garage with additional parking pad provides ample parking for each unit. Unit 1 kitchen has been renovated with new cabinets, quartz countertop, sink, back splash, range, and LVP flooring all in up to the minute color schemes. Unit 2 has a long term tenant with room for improvement in both finish and rental rate. Owner does not represent the legality of the basement. Ability to duplex down would allow for an even more exceptional owners unit. Each unit comes with its own dedicated parking space, and residents can enjoy the charming fully fenced in green space in front, offering a pleasant outdoor area. This is an ideal property for those looking to invest in a thriving community with strong rental demand. Additionally, conveniently close to the parks, Chicago River and vast green spaces of North Park and Northeastern Illinois Universities. Further updates include: water tank (2022), Mini-split in basement (2023), coin laundry (2023), updated electrical panels for each unit, basement and common area (2022). Survey available upon request. Each unit has individual gas and electric service.
Presented By: @properties Christie's International Real Estate

Interior Features for 4918 N Monticello Avenue

Bedrooms

Bedrooms Possible9
Total Bedrooms9

Bathrooms

Full Baths Building3
Half Baths Building
Total Baths3

Other Interior Features

BasementFull
BasementFinished
Total Number of Units3

Other Rooms

Room TypeDen, Enclosed Porch, Utility Room-Lower Level

General for 4918 N Monticello Avenue

CityChicago
ContingencyAttorney/Inspection
CountyCook
Days on Market19
DirectionsFrom West Ainslie Street; then head North on North Monticello Avenue
Elementary School District299
Garage Spaces2
HeatingNatural Gas, Forced Air
High School District299
MLS AreaCHI - Albany Park
Middle/Junior School District299
New ConstructionNo
Percent OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount9408
Tax Year2022
Total Rooms20
TownshipJefferson
Waterfront Y/NNo
Year Built1916

Exterior for 4918 N Monticello Avenue

ExteriorBrick
Garage OnsiteYes
Garage OwnershipOwned
Garage TypeDetached
Lot Dimensions35 X 125
Parking FeaturesAssigned
Total Parking3
Water SourceLake Michigan, Public

Additional Details

Price History

Worth Clark

Price $599,900
MLS#12165350
List Date 09/16/2024
Property Type Contingent
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