7
See all 7 photos
$825,000
Est. payment /mo
8 Beds
5 Baths
Active
4418 N Albany AVE Chicago, IL 60625
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Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12750088
Bedrooms 8
Year Built 1916
Annual Tax Amount $13,271
Tax Year 2025
Lot Dimensions 30x 125
Property Sub-Type Two to Four Units
Property Description
Family owned 30+ years, Legal 3-Unit Opportunity in Albany Park offering income and outstanding long-term upside. In ADU upside district , where Chicago's permanent Additional Dwelling Unit ordinance (effective April 2026) now permits ADUs by-right. Buyers may have a path to explore building additional coach house in rear for additional living space as a conforming ADU, adding a possible additional income stream. First and Second floor with spacious units featuring desirable 3-bedroom layouts, creating strong tenant demand and premium rental potential. Full 2 bedroom 3 bath legal unit in lower level. Red Hot Albany Park that Investors will appreciate. Owner-occupants will also love the opportunity to live in one unit while generating income from the others. May also be an excellent condo conversion project. Tenants pay their own utilities, helping keep expenses low and returns strong. The property includes a 2-car garage plus additional parking on side of garage, adding convenience and value for residents. Ideally located near the Brown Line, shopping, dining, and all that Albany Park has to offer. This property combines convenience, quality, and strong upside rental demand. Whether you're expanding your portfolio or looking for a live-in investment, this is a rare opportunity to own a legal 3 with possible added ADU potential in a highly desirable neighborhood.
Location
State IL
County Cook
Area Chi - Albany Park
Rooms
Basement Finished, Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Garage Spaces 2.0
Roof Type Asphalt,Rubber
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by James Michaels of Fathom Realty IL
NEARBY SCHOOL & BUSINESS
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