4954 N Monticello Ave

Chicago, IL 60625 View Map $614,000 Ask a Question
Beds8
Baths4
Sold On7/31/2023
Year1915
4954 N Monticello Ave Chicago, IL 60625 | MLS 11799120 Photo 1
4954 N Monticello Ave Chicago, IL 60625 | MLS 11799120 Map
Tim Stassi

Tim Stassi

(312) 371-1070

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Status: Sold
Property Type:Multi Family- 2-4 Units
MLS #:11799120
Date Sold:7/31/2023
County:Cook
Welcome to an incredible investment opportunity in the desirable Ravenswood Highlands neighborhood of Albany Park! This stunning property offers a unique blend of modern finishes and timeless elegance, making it perfect for first-time buyers looking to leverage their purchase and cut expenses. With 8 bedrooms, 3.5 baths, and the potential to transform into a 3-flat, this gorgeously sunlit 2-flat with basement living space is a dream for Airbnb hosting and a fantastic money maker. Inside, you'll find hardwood flooring, luxurious living spaces, and an abundance of natural light thats warm and inviting. The gourmet kitchen, equipped with state-of-the-art appliances and sleek design, is a chef's paradise. The property also boasts an oversized 2-car garage, providing ample space for vehicles and storage. As an investor, this property offers endless possibilities. You can choose to duplex down the first level or add a lucrative 2-bedroom, 1-bath unit in the basement with pre-existing beds and bath. The prime location is a bonus, as it's just a short walk to the train and within walking distance to fantastic restaurants, pubs, and eateries in Irving Park and Logan

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
7/31/2023$624,900$614,000-1.7%

Community Information

Address:4954 N Monticello Ave, Chicago, IL 60625
Area:Albany Park
County:Cook
City:Chicago
Township:North Chicago
Zip Code:60625

School Information

School District:299
High School:Roosevelt High School
Middle School:Volta Elementary School
Elementary School:Volta Elementary School

Architecture

Bedrooms: 8
Bathrooms: 4
Year Built:1915
Exterior Construction Type: Brick
Total # Units in Building: 2
Age Range: 100+ Years
Roof: Asphalt
Basement: Finished
Basement Type: Full
Garage Type: Detached
Garage Features: Garage Door Opener(s), Transmitter(s)
Attached Garage: Yes
Garage Ownership: Owned
Parking: Garage

Features / Amenities

Rooms: Kitchen, Utility Room-Lower Level
Cars: 2
Garage Spaces: 2
Heat Source / Type: Steam
Total Rooms:13

Property Features

Lot Dimensions:Oversized Chicago Lot
Sewer: Public Sewer
Water: Lake Michigan
Transportation: Commuter Bus, Commuter Train, Interstate Access
Zoning:MULTI
Directions:LAWRENCE BETWEEN PULASKI AND KIMBALL, MONTICELLO ONE WAY NORTH

Tax and Financial Info

Tax Year: 2021
Tax Annual Amount: $6,658.86
Ownership: Fee Simple

Schools

WALKING AND TRANSPORTATION

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Listing provided courtesy of Compass.

Listings courtesy of MRED MLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of September 30, 2023 12:30 AM CST. 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.

Properties displayed may be listed or sold by various participants in the MLS