4035 N Albany Avenue, Chicago, IL 60618
- Added:
- Jun 10, 2026
- Days on Market:
- 29
- Last Refresh:
- Jul 8 at 7:06 am
Property Features for 4035 N Albany Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 4, Basement, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 6, Bathroom 3, Bedroom 5
- Parking
- 2
- Parking features
- Garage
- Basement
- Finished, Full
- Standard status
- Active Under Contract
- APN
- 13133260070000
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 11441
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.
HighLights
- Approximately 2,712 sq. ft. measured interior living space, plus over 3,000 sq. ft. total usable space including decks, balcony, and patio areas
- 6‑bedroom, 3 full‑bath layout with an owner's duplex (4 bedrooms/2 bathrooms) and a finished lower‑level garden/in‑law arrangement (2 bedrooms/1 bathroom)
- Lower‑level garden/in‑law arrangement includes its own kitchen, living room, dining area, laundry, and storage
- Multiple outdoor living areas including a private balcony, large rear deck, covered patio below the deck, and an additional yard patio
- Fenced landscaped yard and 1 garage for parking
- Built in 1919 with natural gas heating, vinyl siding, and public sewer
Overview
The home is complemented by multiple outdoor living areas, including a private balcony, a large rear deck, and a covered patio below the deck, plus an additional yard patio. A fenced and landscaped yard adds privacy and usable outdoor space for relaxation or entertaining. The property is located near parks, restaurants, shopping, and public transportation in the Albany Park/Irving Park/60618 area.
Designed for an owner-occupant, multi-generational household, or guests, the layout can also be used as a larger single-family home if desired. With 6 bedrooms and 3 full bathrooms total, it supports a range of practical configurations such as a home office or potential rental use. Buyer should verify zoning, legal use, room count, square footage, and all MLS information.
Local Financial Insights For Apartment 5plus
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 | $75.8k | $27.96 |
| − Vacancy | −$4.4k | −$1.62 |
| EGI | $71.4k | $26.34 |
| − OpEx | −$32.1k | −$11.85 |
| NOI | $39.3k | $14.49 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.705259
- Latitude
- 41.955025
