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    4022 N Monticello Ave, Unit 3N Chicago, IL 60618

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    For Sale
    $265,000

    Top-floor condo with refinished floors, new appliances, and sunset views.

    Property Features for 4022 N Monticello Ave

    General Information

    Interior features
    Interior Feature 1, : "Central Air", "Interior Feature 2": "Natural Gas"

    Building Details

    Year built
    1928

    Source: Compass Agent Melanie Giglio

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Condo in Irving Park

    Located in the Irving Park neighborhood, this top-floor corner unit condo at Monticello Commons features a bright and open floor plan. The property includes two bedrooms of good size and ample closet space with an Elfa shelving system. It has recently refinished hardwood floors (2021), newer windows (2020), and newer appliances (2020). The condo also features a gas fireplace, custom blinds, and in-unit laundry. A spacious rear porch offers sunset views. Additional private storage is available in the basement. The property is close to Independence Park, Horner Park, retail, and restaurants, with convenient access to the expressway, Blue Line, and Metra. It is situated on a quiet, tree-lined side street. Easy street parking is available. Note that the owner must live in the unit for one year before being allowed to rent.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    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
    -87.719264
    Latitude
    41.9546286

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    FAQs

    What type of property is this?
    Apartment building - Top-floor condo with refinished floors, new appliances, and sunset views.
    Where is this apartment building located?
    The property is located at 4022 N Monticello Ave, Unit 3N Chicago, IL.
    What is the asking price?
    The asking price for this property is $265,000.
    What are key features of this property?
    This property features: - Top floor corner unit in desirable Irving Park location, close to parks, transportation, retail, and restaurants.; - Recently refinished hardwood floors (2021), newer windows (2020), and newer appliances (2020).; - Bright and open floor plan with two good sized bedrooms and ample closet space with Elfa shelving.
    Request Owner's contact information
    4022 N Monticello Ave, Unit 3N 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
    4022 N Monticello Ave, Unit 3N Chicago, IL 60618
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