$599,900

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4918 N Monticello Avenue Chicago, IL, United States 60625

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.

Amenities

  • Bedrooms: 9
  • Full Bathrooms: 3
  • Partial Bathrooms: 0
  • Property Type: MU
  • Home size: 0 ft2 / 0 m2
  • MLS: 12165350
  • Status: Active

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Property brokered by

@properties Christie’s International Real Estate

(312) 506-0408

Get more listing details on brokerage site

Presented by Allison Kuchnia

  • (708) 821-7418

Contact Allison Kuchnia

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