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    4034 N Monticello Ave Chicago, IL 60618

    New
    For Sale
    $879,000

    Residential Income - Chicago, IL

    Days on Market:
    5
    Last Refresh:
    Dec 9 at 4:06 am

    Property Features for 4034 N Monticello Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    7
    APN
    13143320330000
    Parking
    6

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1914
    Architectural style
    Other

    Chicagoland Brokers Inc. (773) 745-1000 [email protected]

    Listing agent Anna Tchorz (773) 745-1000 License #475128704

    Listing date Dec 5, 2025

    MLS# 12528407 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chicago Two-Flat with Finished Basement

    This large two-flat with a full finished basement offers 3,542 square feet of space, according to the county assessor. Located in the heart of the Irving Park neighborhood on Monticello Avenue, the property is situated near Irving Park Avenue. The building is well-maintained and features three heating systems, with three separate furnaces and AC on the first floor. It also includes two new water heaters. The first floor has been freshly updated with stainless steel appliances, quartz counters, two bathrooms, and light fixtures. The second floor features four bedrooms, while the first floor has three bedrooms. The large finished basement offers potential for an in-law arrangement, making it a superb investment. The property is located in a desired rental and living neighborhood, with restaurants, parks, and stores nearby. The lot size is 30x125 feet and includes six parking spaces in the back. The rooms are well-sized with lots of windows.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7194308
    Latitude
    41.9549444

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    FAQs

    What type of property is this?
    Duplex - Well-maintained two-flat in Irving Park with finished basement.
    Where is this duplex located?
    The property is located at 4034 N Monticello Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $879,000.
    What are key features of this property?
    This property features: - Prime Irving Park location near restaurants, parks, and stores.; - Large 2-flat with finished basement and potential in-law arrangement.; - High rental demand in a desirable neighborhood.
    (773) 745-1000
    Request Owner's contact information
    4034 N Monticello Ave Chicago, IL 60618
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4034 N Monticello Ave Chicago, IL 60618
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