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Brick 3-Unit Triplex with Garage
For Sale
Under Contract
$499,000

4322 N Monticello Avenue, Chicago, IL 60618

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market47

Property Features for 4322 N Monticello Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 3
Parking 3
Parking features Garage
Elementary school district 299
Middle school district 299
High school district 299
Directions From Irving Park Rd, go west of Kimball Ave turn north on Monticello Ave continue to the 4300 block property is on the east side of Monticello.
Subdivision CHI - Irving Park
Standard status Active Under Contract
APN 13143060320000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 8717

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Building Details

Year built 1896
Building materials Brick
Listing Agency: Compass
Listed By: Dan Nelson · License #475189264
Added: Jul 6 Changed: Aug 20 Last Checked: Aug 21 at 12:06PM
MLS# 12696057

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.

Investment Insights

Based on property information with market context.

This legal 3-unit brick triplex at 4322 N Monticello Avenue was built in 1896 and is heated with natural gas. The property includes a garage and is served by public sewer. Two of the units are already occupied, and the middle unit is currently vacant, presenting options for an owner-occupant move-in or a new tenant.

The home is located in Chicago’s Albany Park area near the Kimball Brown Line. The property sits in a rental corridor associated with Kedzie and Lawrence, with Jensen Park and River Park within the neighborhood. Surrounding new construction is referenced in the offering as part of the area’s ongoing growth.

The electrical panel has been updated and a newer garage is already in place. The garage is not currently being utilized by the tenants. The property is sold as-is.

Key Highlights

  • Legal 3‑unit triplex with two occupied units and a vacant middle unit
  • Brick construction built in 1896
  • Garage on site; current setup is not being utilized by tenants

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Bed & Breakfast Tanning Salon Locksmith Clothing & Fashion Store

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,729
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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Legal 3-unit triplex with brick construction, natural gas heat, and a garage; middle unit is vacant.
Where is this triplex located?
The property is located at 4322 N Monticello Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Legal 3‑unit triplex with two occupied units and a vacant middle unit; Brick construction built in 1896; Garage on site; current setup is not being utilized by tenants
More about this property
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