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Michael Vrielink

mvrielink@chicagorea.com +1(312) 970-9476

$ 1,100,000

Est. payment | -/mo

11 Beds

4 Baths

Save

$ 1,100,000

Est. payment | -/mo

Save

11 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12774981

Bedrooms 11

Maintenance Fees $2,385

Year Built 1928

Annual Tax Amount $13,667

Tax Year 2025

Lot Dimensions 30x125

Property Sub-Type Two to Four Units

Property Description

RARE ALBANY PARK FOUR-FLAT - AN EXCEPTIONAL OWNER-OCCUPANT OR INVESTMENT OPPORTUNITY! Opportunities like this don't come along every day! Situated on a tree-lined residential street in desirable Albany Park, this well-maintained, impressive 5,000+ square-foot four-flat offers an outstanding combination of current rental income, spacious apartments, and long-term value-add potential. Ideal for an owner-occupant, this property features three 7-room, 3-bedroom/1-bath apartments with sun porch and formal dining rooms and a 4-room, 2-bedroom/1-bath English garden apartment. All four are legal, original units offering a solid foundation for an investment strategy. Each apartment features large rooms, hardwood floors, and nicely updated kitchens and baths. Kitchens have micro hoods instead of separate range hood & microwave. With rents already in place and all tenants on month-to-month leases, investors have the opportunity to evaluate future rental potential while maintaining flexibility for their plans. Additional amenities include rear exterior stairs & deck areas. 4th floor unit has utility sink in kitchen pantry for easy washer/dryer hook up. W/D can also be easily added to 2nd & 3rd floor units. Basement boiler and water heater serve all four apartments. A two-car garage, coin-operated laundry, and additional storage units in the basement. Whether you're an experienced investor seeking a substantial multi-unit asset or a first-time multifamily buyer ready to live in one apartment while collecting rent from the others, this is an opportunity to put your investment dollars to work. Enjoy the best of Albany Park! Known for its welcoming residential character, remarkable cultural diversity, and vibrant local businesses, Albany Park offers an appealing neighborhood lifestyle. Nearby River Park features a swimming pool, interactive water playground, playgrounds, tennis courts, sports fields, and riverfront recreation. Ronan Park and other neighborhood green spaces provide additional opportunities to enjoy the outdoors. The area's celebrated international dining scene, local bakeries, grocery stores, and neighborhood shops add everyday convenience and character. CTA Brown Line stations and multiple bus routes provide convenient connections throughout Chicago. A rare combination of size, income potential, and neighborhood appeal-make this Albany Park four-flat the next investment in your future!

Location

State IL

County Cook

Area Chi - Albany Park

Rooms

Basement None

Interior

Heating Steam

Fireplace N

Exterior

Garage Spaces 2.0

Community Features Park, Curbs, Sidewalks, Street Lights, Street Paved

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

Listed by John Hockberger of @properties Christie's International Real Estate

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(312) 970-9476

mvrielink@chicagorea.com

1941 N Elston Ave, Chicago, IL 60642-1219, USA

4440 N Saint Louis AVE N Chicago, IL 60625