4418 N Albany Ave

Chicago, IL 60625
  • $825,000

    Price
  • 8

    Bed
  • 5

    Bath

About the Listing 86989 - 131395

Family owned 30+ years, Legal 3-Unit Opportunity in Albany Park reflecting current family owned rental amounts and outstanding long-term upside. In ADU district , where Chicago's permanent Additional Dwelling Unit ordinance (effective April 2026). 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 2 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 also includes a 2-car garage plus additional space 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.

Listing Highlights for 4418 N Albany Ave

Status Active
Days on Site 42
Property Type Multi-Family
MLS ® 12750088
Year Built 1916
Lot/Acreage 30x 125
County Cook
School District 299

Interior Details

  • Bedrooms: 8
  • Bathrooms: 5 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas,Forced Air
  • Fireplaces:
  • Floor:
  • Basement: Finished,Full
  • Other:
  • Water: Lake Michigan

Exterior Details

  • Garage Capacity: 2 car
  • Parking Spaces: 2
  • Lot Dimensions: 30x 125
  • Roof: Asphalt,Rubber
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Yes,Garage Owned,Detached,Garage

Financial Details

  • Tax Amount: $13,272
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 13131260260000
  • Tax Year: 2025

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Listing Location

Questions About..

4418 N Albany Ave Chicago, IL 60625

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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