Renovated Legal Two-Flat with Garden
For Sale
Contact for pricing
Pending
1940 N Monticello Avenue, Chicago, IL 60647
Legal two-flat with a finished garden unit, multiple updated systems, and three kitchens, plus a 2-car garage and carport.
Property SizeContact for details
Days on Market435
Property Features for 1940 N Monticello Avenue
General Information
Standard status
Pending
Total Parking Spaces
2
Property subtype
Multifamily
Additional Details
Multifamily Units
3
Building Details
Year Built
1912
Listing Agency:
eXp Realty
Listed By:
Michael Scanlon · License #475188240
(773) 630-9205
Source:
Crexi
Added: Jul 2, 2025
Changed: Aug 8
Last Checked: Jul 25 at 11:32AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty
Investment Insights
Based on property information with market context.
This beautifully renovated legal two-flat includes a spacious first-floor unit, a second-floor unit, and a finished garden unit. Each unit has updated finishes, updated plumbing and electrical, newer windows, and modern kitchens with stainless steel appliances. The building has a total of four updated bathrooms, along with a newer roof (2022 overlay), exterior wall insulation, and updated mechanicals including a new furnace and condenser for the first-floor unit and two mini splits for the garden unit.
Located at 1940 N Monticello Avenue, the property is described as being steps from the 606 Bloomingdale Trail and close to Logan Square amenities, including parks, restaurants, cafes, and public transportation. The second-floor unit is currently vacant, while the garden unit has generated mid-term rental income and includes furnishings with the sale. The first-floor unit is currently owner-occupied and can be delivered vacant, and the property also features a 2-car garage and carport for additional income opportunities.
Located at 1940 N Monticello Avenue, the property is described as being steps from the 606 Bloomingdale Trail and close to Logan Square amenities, including parks, restaurants, cafes, and public transportation. The second-floor unit is currently vacant, while the garden unit has generated mid-term rental income and includes furnishings with the sale. The first-floor unit is currently owner-occupied and can be delivered vacant, and the property also features a 2-car garage and carport for additional income opportunities.
Key Highlights
- Legal 2‑flat with a finished garden unit, built in 1912
- Renovations include updated plumbing and electrical, newer windows, and comprehensive interior updates
- Three kitchens with stainless steel appliances across the units
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,255
Businesses Nearby
Explore this area
Business Placement
Demographics for 60647, IL
85,631
Population
41,975
Households
2
Avg Household Size
33
Median Age
61%
College-Educated
92%
High-School Grad
4.0 sq mi
ZIP Area
21,408
Density / Sq Mi
$102,851
Median Household Income
$65,776
Median Earnings
$1,714
Median Rent
$557,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Legal two-flat with a finished garden unit, multiple updated systems, and three kitchens, plus a 2-car garage and carport.
Where is this triplex located?
The property is located at 1940 N Monticello Avenue Chicago, IL.
What are key features of this property?
This property features: Legal 2‑flat with a finished garden unit, built in 1912; Renovations include updated plumbing and electrical, newer windows, and comprehensive interior updates; Three kitchens with stainless steel appliances across the units
