4706 North Monticello Avenue

Chicago, IL 60625

$850,000
Price
6
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This all-brick, 4-unit building in the heart of Albany Park offers a fantastic investment opportunity. With two 2-bedroom units and two 1-bedroom units, each already rented through next year, you'll enjoy immediate cash flow with minimal turnover. Updated over the years and lovingly maintained. Tenants enjoy convenient amenities, including an assigned outdoor parking spot and indoor storage space for each unit. The community laundry facility located in the basement is an added convenience. Situated...This all-brick, 4-unit building in the heart of Albany Park offers a fantastic investment opportunity. With two 2-bedroom units and two 1-bedroom units, each already rented through next year, you'll enjoy immediate cash flow with minimal turnover. Updated over the years and lovingly maintained. Tenants enjoy convenient amenities, including an assigned outdoor parking spot and indoor storage space for each unit. The community laundry facility located in the basement is an added convenience. Situated less than half a mile from the Brown Line and with easy access to I-94, this property offers excellent connectivity to downtown Chicago. Nearby shopping, restaurants, and entertainment ensure the building's appeal to renters for years to come. Zoned RT-4, this property allows for flexibility and growth, making it an excellent long-term investment. Don't miss out on this rare opportunity!
  1. Listed by Maria DelBoccio • @properties Christie's International Real Estate
  2. Listed by Ross Matiya • @properties Christie's International Real Estate

Property Details for 4706 North Monticello Avenue

Area
CHI - Albany Park
Township
Jefferson
Ownership
Fee Simple
Num Of Parking Spaces
4.0
Heat/Fuel
Natural Gas, Forced Air
Zoning
MULTI
LISTING UPDATED: 09/16/2024 04:46 PM

Property Details for 4706 North Monticello Avenue

StatusRe - Activated
MLS #12144153
Days on Market24
Taxes$11,767 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / Two to Four Units-Other
Year Built1930
Lot Size0.67 AC / 29,185 SF
CountyCook County

Building

4706 N Monticello Ave

4 Units3 StoriesBuilt in 1930

Building Information for 4706 North Monticello Avenue

Stories3Residences4Year Built1930Building Size-Lot Size0.67 AC / 29,185 SF

Property Information for 4706 North Monticello Avenue

General Information
School Information
  • Elementary School District: 299
  • Elementary School: Haugan Elementary School
  • High School District: 299
  • High School: Roosevelt High School
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Parking On Site: true
  • Parking Ownership: N/A
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 10
  • Bedrooms (Below Grade): 0
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Basement Type: Partial
  • Bedrooms Possible: 6
  • Basement Description: Unfinished
  • # Full Baths in Building: 4
  • # Half Baths in Building: 0
  • Num of Baths: 4.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan, Public
  • Other Equipment: Ceiling Fan(s), Multiple Water Heaters
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: Unknown
  • Lot Description: Fenced Yard, Level
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 35X125
  • Total # Units in Building: 4
  • Other Structures: Garage(s)
  • Waterfront: No
  • Exterior Building Type: Brick
  • Roof Type: Rubber, Flat
  • Foundation Details: Concrete Perimeter
  • General Information: None
  • North Coordinate: 4706
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 3632
  • Lot Size Source: County Records
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 2
  • Document Date: 2024-08-26T17:55:13
  • Photos Count: 24
  • Deconversion: Y
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Gross Income: $68,400.00
Unit 1
  • Unit Type Actual Rent: $1,300.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 7/25
Unit 2
  • Unit Type Actual Rent: $1,600.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 5/25
Unit 3
  • Unit Type Actual Rent: $1,350.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 4/25
Unit 4
  • Unit Type Actual Rent: $1,450.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Lease Expiration Date: 9/25

Property History for 4706 North Monticello Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 4706 North Monticello Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 6 to 8
Public - 9 to 12
Rating
School
Distance
Haugan Elementary School
PublicPK to 8

Roosevelt High School
Public9 to 12

ASPIRA Charter - Haugan Campus
Charter6 to 8

Von Steuben Metro Science High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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4706 North Monticello Avenue is a multi-family home for sale in Chicago, IL 60625. This property was listed for sale on August 27, 2024 by @properties Christie's International Real Estate, it's currently listed at $850,000. It has been on the market for a total of 24 days and was last sold on June 24, 2022. This listing's school district is City Of Chicago School District 299. Nearby schools include Haugan Elementary School, Roosevelt High School and ASPIRA Charter - Haugan Campus. 4706 North Monticello Avenue is a 6-bed, 4-bath, multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of @properties Christie's International Real Estate

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 09/16/2024 04:46 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.