Under Contract

Listed by Jill Silverstein and Erin Ivey from Compass

Source: Midwest Real Estate Data, LLC #12749582

3344 North Monticello Avenue, Chicago, IL, 60618

$749,000

7
3
2

MultiFam

•

30+ days on the market

What's around 3344 North Monticello Avenue

About this property

Best and final due 9/13 at 10AM. JUMBO BRICK LEGAL 3-FLAT on an EXTRA-WIDE 31' x 126' LOT! An exceptional opportunity for both investors and owner-occupants, this well-maintained three-unit property offers 7 total bedrooms and 3 bathrooms with generously sized interiors throughout. The building features a 1-bedroom/1-bath garden unit and two spacious 3-bedroom/1-bath residences on the first and second floors. All three units underwent extensive renovations in late 2020, including remodeled kitchens and bathrooms and updated appliances, creating move-in-ready spaces while maintaining the building's original character and woodwork. Each residence offers an extra-wide floor plan, spacious rooms and large eat-in kitchens. Three separate HVAC systems allow tenants to control their own gas and electric, while water, sewer and garbage are included. Additional features include coin-operated laundry, basement and rear-stairwell storage, a fenced backyard with patio space, and a 2-car garage with covered parking. Ideally located just three blocks from the Addison Blue Line with convenient access to I-90/94, shopping, dining and neighborhood amenities. With strong rental appeal, potential for increased rents, an extra-wide lot and substantial updates already completed, this is a compelling opportunity to live in one unit while generating income from the others or add a turnkey multi-unit property to an investment portfolio. All units are currently tenant-occupied; therefore, the property is not available for immediate owner occupancy. Lease dates posted.

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