Legal 3-Unit Opportunity in Albany Park offering immediate income and outstanding long-term upside. First and Second floor with spacious units featuring desirable 3-bedroom layouts, creating strong tenant demand and premium rental potential. Full 2 bedroom 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. Or this one may make a nice condo conversion. Tenants pay their own utilities, helping keep expenses low and returns strong. The property also 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 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-unit in a highly desirable neighborhood.
Re-activated
$825,000
4418 N Albany Ave, Chicago, IL 60625
8beds
--sqft
Multi Family
Built in 1916
-- sqft lot
$806,100 Zestimate®
$--/sqft
$-- HOA
What's special
- 6 days
- 178
- 7
Zillow last checked:
Listing updated:
Listed by:
James Michaels 773-562-9117,
Fathom Realty IL
Source: MRED as distributed by MLS GRID,MLS#: 12750088
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Forced Air
Features
- Basement: Finished,Full
Property
Parking
- Total spaces: 2
- Parking features: Yes, Garage Owned, Detached, Garage
- Garage spaces: 2
Lot
- Size: 3,750 Square Feet
- Dimensions: 30x 125
Details
- Parcel number: 13131260260000
- Special conditions: List Broker Must Accompany
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Asphalt,Rubber
Condition
- New construction: No
- Year built: 1916
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $670,000
- Annual tax amount: $13,271
- Date on market: 9/3/2026
- Ownership: Fee Simple
Estimated market value
$806,100
$766,000 - $846,000
$2,410/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2026 | Listed for sale | $825,000+61.8% |
Source:  MRED as distributed by MLS GRID #12750088 Report a problem | ||
| 5/29/2015 | Listing removed | $509,900 |
Source: RE/MAX Vision 212 #08899603 Report a problem | ||
| 4/23/2015 | Listed for sale | $509,900 |
Source: RE/MAX Vision 212 #08899603 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $12,842 -7.7% | $67,000 -2.9% |
| 2023 | $13,908 +2.7% | $69,000 |
| 2022 | $13,536 +2.2% | $69,000 |
| 2021 | $13,249 +34.6% | $69,000 +46.4% |
| 2020 | $9,840 -3.8% | $47,122 -13% |
| 2019 | $10,227 +1.7% | $54,164 |
| 2018 | $10,053 +26.2% | $54,164 +34.6% |
| 2017 | $7,964 +5% | $40,248 |
| 2016 | $7,586 +9.7% | $40,248 |
| 2015 | $6,919 +52.5% | $40,248 +49.5% |
| 2014 | $4,537 +2.3% | $26,930 |
| 2013 | $4,436 +1.2% | $26,930 |
| 2012 | $4,385 +4.2% | $26,930 -24.2% |
| 2011 | $4,207 -27.2% | $35,532 |
| 2010 | $5,782 +4.4% | $35,532 |
| 2009 | $5,541 +9.5% | $35,532 -15.3% |
| 2008 | $5,058 +8.5% | $41,973 |
| 2007 | $4,663 +19.4% | $41,973 |
| 2006 | $3,905 +8.9% | $41,973 +43.5% |
| 2005 | $3,585 +3.1% | $29,259 |
| 2004 | $3,477 +4% | $29,259 |
| 2003 | $3,343 +9.5% | $29,259 +55.5% |
| 2002 | $3,052 +5% | $18,813 |
| 2001 | $2,907 +4.5% | $18,813 |
| 2000 | $2,781 -0.2% | $18,813 +14.2% |
| 1999 | $2,787 | $16,476 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Albany Park
Nearby schools
Similar homes
- $749,0006 bd2 ba-- sqft4442 N Sacramento Ave, Chicago, IL 60625Active
MLS ID #12743963, Laura McNellis, McSully Properties LLC. MRED as distributed by MLS GRID - $1,195,0009 bd4 ba-- sqft4724 N Sacramento Ave, Chicago, IL 60625New
MLS ID #12752430, John Murray, Coldwell Banker Realty. MRED as distributed by MLS GRID - $849,9009 bd3 ba-- sqft6335 N Claremont Ave, Chicago, IL 60659New
MLS ID #12629812, Anel Bonfil, HomeSmart Connect LLC. MRED as distributed by MLS GRID - $850,0005 bd3 ba-- sqft4104 N Richmond St, Chicago, IL 60618New
MLS ID #12704054, Elizabeth Goodchild, CSC,GRI, Realty of America. MRED as distributed by MLS GRID
