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1940 N Monticello Avenue, Chicago, IL, 60647
Renovated Legal Two-Flat with Garden Unit

1940 N Monticello Avenue Chicago, IL 60647

For Sale
Contact for pricing
Pending

Legal two-flat with a finished garden unit, multiple updated systems, and three kitchens, plus a 2-car garage and carport.

Days on Market389

Property Features for 1940 N Monticello Avenue

General Information

Standard status
Pending
Property subtype
Multifamily

Building Details

Year Built
1912
Listing Agency: eXp Realty
Listed By: Michael Scanlon · License #475190985
Source: Crexi
Added: Jul 2, 2025 Changed: Jul 21 Last Checked: Jul 23 at 2:52PM

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.

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

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Nursing Home HVAC Service Nursing Home Carpet & Flooring Store Veterinary Clinic Catering Service (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store Fish Market

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

FAQs

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
(773) 630-9205 Call to check price and availability
More about this property
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