4035 N Albany Avenue Chicago, IL 60618
MULTI_FAMILY - Chicago, IL
- Added:
- Jun 10, 2026
- Days on Market:
- 33
- Last Refresh:
- Jul 12 at 2:06 am
Property Features for 4035 N Albany Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 6, Bathroom 3, Bedroom 5, Bedroom 4, Basement, Bathroom 2
- Parking
- 2
- Parking features
- Garage
- Basement
- Full, Finished
- Standard status
- Active Under Contract
- APN
- 13133260070000
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 10698
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
Building Details
- Year built
- 1919
- Building materials
- Vinyl Siding
Listing agent Ryan Cherney License #471019427 (630) 862-5181
Listing office Circle One Realty 1676 Walsh Dr., YORKVILLE, IL (630) 528-2300
Listing date Jun 10, 2026
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
The home also features extensive outdoor living space, including a private balcony, a large rear deck, a covered patio below the deck, and an additional yard patio. A fenced, landscaped yard adds to the private feel of the property.
Conveniently positioned near parks, restaurants, shopping, and public transportation, the residence is well suited for buyers seeking space and adaptability. Buyer is responsible for verifying zoning, legal use, room count, square footage, and all MLS information.
Key Highlights
- Approximately 2,712 sq. ft. of measured interior living space with over 3,000 sq. ft. total usable space including decks, balcony, and patio areas
- 6 bedrooms and 3 full bathrooms total, including an owner's duplex with 4 bedrooms and 2 bathrooms
- Finished lower‑level garden/in‑law arrangement with 2 bedrooms, 1 full bathroom, plus its own kitchen, living room, dining area, laundry, and storage
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $66.7k | $24.60 |
| − Vacancy | −$4.3k | −$1.60 |
| EGI | $62.4k | $23.00 |
| − OpEx | −$18.7k | −$6.90 |
| NOI | $43.7k | $16.10 |
