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  • $570,000

    3801 N Albany Ave, Chicago, IL 60618

    11beds
    --sqft
    Multi Family
    Built in 1895
    -- sqft lot
    $590,700 Zestimate®
    $--/sqft
    $2,180 Estimated rent

    Home value

    $590,700

    $532,000 - $656,000

    $2,180/mo

    Zestimate® history
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    $2,180/mo

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    $4,008/mo

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    $4,008/mo

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    What's special

    Quiet tree-lined residential block
    Exceptional opportunity to acquire a cash-flowing 4-unit property in the high-demand Irving Park neighborhood-ideal for the savvy investor seeking strong returns and long-term equity growth. The front frame building offers three spacious 3BD/1BA units, each with separately metered utilities and tenant-paid HVAC, minimizing owner expenses and boosting income. The rear structure adds an additional 2BD/1BA unit, offering diversified rental streams and maximum revenue potential. **This well-maintained asset sits on a quiet, tree-lined residential block, surrounded by consistent rental demand and strong neighborhood fundamentals. Tenants enjoy easy access to public transportation, major highways, parks, and retail, making it easy to lease and retain quality renters. **With minimal deferred maintenance, stable occupancy, and significant upside through rent increases or light value-add updates, this is a low-risk, high-reward investment. Ideal for cash buyers, 1031 exchange participants, or portfolio investors seeking a solid income-producing property in one of Chicago's fastest-appreciating areas. Turnkey, tenant-occupied, and sold as-is-start collecting rent from day one.

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Oscar Darden Jr 312-815-2751,

    DEI Realty LLC

    Bought with:

    Mitir Patel

    Baird & Warner

    Source: MRED as distributed by MLS GRID,MLS#: 12434227MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas, Forced Air
    Features
    • Basement: Crawl Space

    Property

    Lot
    • Size: 3,484 sqft
    Details
    • Parcel number: 13241100230000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame
    Condition
    • New construction: No
    • Year built: 1895

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan, Public

    Community & neighborhood

    Community
    • Community features: Curbs, Sidewalks, Street Lights, Street Paved
    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    10/30/2025Sold$570,000-0.9%
    Source: MRED as distributed by MLS GRID #12434227 Report a problem
    9/30/2025Pending sale$575,000
    Source: MRED as distributed by MLS GRID #12434227 Report a problem
    9/17/2025Listed for sale$575,000
    Source: MRED as distributed by MLS GRID #12434227 Report a problem
    8/23/2025Pending sale$575,000
    Source: MRED as distributed by MLS GRID #12434227 Report a problem
    8/7/2025Listed for sale$575,000-11.5%
    Source: MRED as distributed by MLS GRID #12434227 Report a problem
    6/14/2025Listing removed$650,000
    Source: MRED as distributed by MLS GRID #12359479 Report a problem
    6/9/2025Listed for sale$650,000
    Source: MRED as distributed by MLS GRID #12359479 Report a problem
    5/27/2025Contingent$650,000
    Source: MRED as distributed by MLS GRID #12359479 Report a problem
    5/6/2025Price change$650,000-7.1%
    Source: MRED as distributed by MLS GRID #12341507 Report a problem
    4/17/2025Listed for sale$700,000
    Source: MRED as distributed by MLS GRID #12341507 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Irving Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $590,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $590,700