4322 North Monticello Avenue

Chicago IL 60618

Multi-Family

Last sold for $500,000

Dan Nelson, last sold this property on 20 August 2026 after 260 days on market.

Overview

This legal 3-unit in Albany Park sits blocks from the Kimball Brown Line in one of Chicago's most consistent rental corridors. It's surrounded by new construction that signals where this pocket is headed, offering real long-term appreciation potential for those who move early. A new electrical panel and newer garage are already in place, giving the next owner a head start on the items that matter most while leaving meaningful room to build equity through improvements on their own timeline. The garage is not currently being utilized by tenants, which means parking income is sitting on the table as an immediate opportunity for the next owner. The middle unit is vacant and ready for an owner-occupant to move right in or lease to a new tenant at current market rents, with the two additional units already occupied. Investors will find consistent tenant demand along the Kedzie and Lawrence rental corridor, which historically keeps vacancy low in a neighborhood where patient buyers have been rewarded. Owner-occupants get a rare chance to live in a vibrant, well-connected neighborhood while the other units and the garage help carry the mortgage and build long-term wealth. Jensen Park and River Park are both within the neighborhood, and Kedzie and Lawrence put dining, transit, and everyday conveniences right at the door. Sold as-is.

Features

5 bedrooms

3 bathrooms

3 carspaces

3 garage spaces

Multi-Family

Estimated Value

Based on this property and similar 5 bedroom multi families sold in Chicago over the last 12 months, the estimated median property value of 4322 North Monticello Avenue is $685.25k.

Median value

$685.25k

Estimated value range

$350k - $1.34m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4322 North Monticello Avenue

2026

Sold

$500,000

20 Aug 2026 by Dan Nelson, of Compass

Happy sellers in Chicago

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