4322 N Monticello Ave

$575,000
Price
5
Beds
2,005 Sq. Ft.
$287 / Sq. Ft.
2,005
Sq. Ft.
$287
per Sq. Ft.

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....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.

Listing Agents

  1. Dan Nelson

    Dan Nelson

    Listing Agent

    Compass

    dan.nelson@compass.com

    P: (773)-295-1751

  2. Rodolfo Gonzalez

    Rodolfo Gonzalez

    Alternative Listing Agent

    Compass

Property Details for 4322 North Monticello Avenue

Area
CHI - Irving Park
Township
Jefferson
Ownership
Fee Simple
Num Of Garage Spaces
3.0
Num Of Parking Spaces
3.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas
LISTING UPDATED: 12/08/2025 12:07 AM

Property Details for 4322 North Monticello Avenue

StatusActive
MLS #12509762
Days on Market13
Taxes$5,928 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 3 Flat
Year Built1896
Lot Size0.09 AC / 3,750 SF
CountyCook County

Location

Add your commute

Building Information for 4322 North Monticello Avenue

Stories-Residences3Year Built1896Building Size-Lot Size0.09 AC / 3,750 SF

Payment Calculator

$3,335 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,841

Property Taxes

$494

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4322 North Monticello Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking Details: Yes, Garage Owned, Detached, Garage
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 11
  • Bedrooms Total: 5
  • Bedrooms (Below Grade): 0
  • Basement Type: None
  • Bedrooms Possible: 5
  • Basement Bathrooms: No
  • # Full Baths in Building: 3
  • # Half Baths in Building: 0
  • Num of Baths: 3.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 3,750 sq ft
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Combination
  • Construction: Brick
  • General Information: None
  • North Coordinate: 4322
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 3625
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 37
  • OpenHouse Count: 2
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Main Level
  • Master Bedroom Bath: Full
Multi Family
Income & Expenses
  • Gross Income: $3,600.00
Unit 1
  • Unit Type Actual Rent: $1,300.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: MTM
Unit 2
  • Unit Type Actual Rent: $1,300.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: MTM
Unit 3
  • Unit Type Actual Rent: $1,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Lease Expiration Date: MTM

Property History for 4322 North Monticello Avenue

DateEvent & SourcePriceAppreciation
Dec 3, 2025

Listed (Active)

MRED #12509762

$575,000
DateEvent & SourcePrice
12/03/2025

Listed (Active)

MRED #12509762

$575,000

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

Public Records for 4322 North Monticello Avenue

Taxable ValueLand$14,163Additions$13,835Total$27,998
Tax Record2023$5,928 ($494 / month)
Home Facts
Baths3Total Finished SqFt1,766 SqFtAbove Grade Finished SqFt1,766 SqFtStories2Lot Size3,750 SqFtStyleMulti-Family Res (5+ Units)Year Built1896CountyCOOKAPN13-14-306-032

Schools near 4322 North Monticello Avenue

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

Roosevelt High School
Public9 to 12

North River Elementary School
PublicPK to 8

ASPIRA Charter - Haugan Campus
Charter6 to 8

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.

Neighborhood Map and Transit

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4322 North Monticello Avenue is a multi-family home for sale in Chicago, IL 60618. This property was listed for sale on December 3, 2025 by Compass, it's currently listed at $575,000. This listing's school district is Chicago Public Schools. Nearby schools include Haugan Elementary School, Roosevelt High School and North River Elementary School. 4322 North Monticello Avenue is a 5-bed, 3-bath, 2,005 sqft multi-family home built in 1896.

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.

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. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/08/2025 12:07 AM. 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.