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Two-Unit Corner Duplex
For Sale
$650,000

3700 N Monticello Avenue, Chicago, IL 60618

Two spacious units in a corner duplex with 9-foot ceilings, plus a finished basement and a two-car garage.

Property SizeContact for details
Days on Market35

Property Features for 3700 N Monticello Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi-Family

Warehouse & Industrial

Clear Height 9 ft
Drive-In Doors 2

Additional Details

Highway Access Yes
Multifamily Units 2

Amenities

Natural Gas
Flat

Building Details

Year Built 1921
Listing Agency: Mango Realty Group
Listed By: Man Ching Ng · License #471020356
Source: Kw
Added: Jul 21 Changed: Aug 23 Last Checked: Aug 5 at 6:54AM

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 Mango Realty Group

Investment Insights

Based on property information with market context.

This two-unit corner duplex offers two spacious residences along with additional finished living space in the basement. Each unit includes 9-foot ceilings, extra-large living rooms filled with natural light, three bedrooms, one full bathroom, and large kitchens with ample room for dining and entertaining. The property needs some updating, while the overall layout provides flexibility for both investors and owner-occupants.

The finished basement includes both front and rear entrances and a full bathroom, creating added space that can be customized to fit your needs. A large two-car garage provides convenient off-street parking with separate garage doors. The property sits on an oversized lot and is located minutes from the Kennedy Expressway, within walking distance of the CTA Blue Line Addison station, and directly across from Independence Park.

As configured, the building includes two full residential units and an expanded lower level, supported by dedicated basement access points and a two-car garage.

Key Highlights

  • Two‑unit corner duplex built in 1921 with 9‑foot ceilings in both spacious units
  • Each unit offers 3 bedrooms, 1 full bathroom, large kitchens, and extra‑large living rooms with natural light
  • Finished basement includes a full bathroom and both front and rear entrances for added living space

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Skin Care Clinic Nursing Home Bed & Breakfast (Bike/Boat/Book/etc) Store Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9 ft
Clear height
2
Drive-in doors
2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,042
Businesses Nearby

Demographics for 60618, IL

90,316
Population
41,053
Households
2.2
Avg Household Size
35
Median Age
55%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
18,063
Density / Sq Mi
$101,558
Median Household Income
$60,263
Median Earnings
$1,534
Median Rent
$538,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two spacious units in a corner duplex with 9-foot ceilings, plus a finished basement and a two-car garage.
Where is this duplex located?
The property is located at 3700 N Monticello Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Two‑unit corner duplex built in 1921 with 9‑foot ceilings in both spacious units; Each unit offers 3 bedrooms, 1 full bathroom, large kitchens, and extra‑large living rooms with natural light; Finished basement includes a full bathroom and both front and rear entrances for added living space
More about this property
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