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Legal 3-Unit Brick Triplex
For Sale
$825,000

4418 N Albany Avenue, Chicago, IL 60625

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market31

Property Features for 4418 N Albany Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 2, Bedroom 7, Bathroom 1, Bedroom 4, Bedroom 8, Bedroom 3, Bedroom 5, Bedroom 2, Bedroom 6, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Basement
Parking 2
Parking features Garage
Basement Full, Finished
Elementary school district 299
Middle school district 299
High school district 299
Directions Lawrence to Albany North to Property
Subdivision CHI - Albany Park
Standard status Active
APN 13131260260000

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 13272

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas

Building Details

Year built 1916
Building materials Brick
Roof type Rubber, Asphalt
Listing Agency: Fathom Realty IL
Listed By: James Michaels
Added: Sep 2 Changed: Oct 2 Last Checked: Oct 2 at 7:06AM
MLS# 12750088

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.

Built in 1916, this brick triplex contains three legal residential units. The first- and second-floor apartments each offer three-bedroom layouts, while the lower-level residence provides two bedrooms and three bathrooms. The building has forced-air heating with natural gas, public sewer service, asphalt and rubber roofing, and a two-car garage with additional parking beside it. Tenants pay their own utilities.

The property is located near the Brown Line, shopping, and dining in Albany Park. It is also within an ADU upside district; the source information identifies Chicago’s Additional Dwelling Unit ordinance as effective April 2026 and describes a possible conforming rear coach house as an option to explore. The property may also suit an owner-occupant seeking residence in one unit while renting the others.

Key Highlights

  • Legal 3‑unit residential property with two 3‑bedroom units and one 2‑bedroom, 3‑bath unit
  • 1916‑built brick construction
  • Two‑car garage plus additional parking beside the garage

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Skin Care Clinic Home Appliance Store Cosmetic Store Bed & Breakfast Nursing Home

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

2,205
Businesses Nearby

Demographics for 60625, IL

76,525
Population
33,932
Households
2.3
Avg Household Size
36
Median Age
54%
College-Educated
87%
High-School Grad
3.8 sq mi
ZIP Area
20,138
Density / Sq Mi
$85,299
Median Household Income
$48,314
Median Earnings
$1,455
Median Rent
$396,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Triplex - Brick income property with tenant-paid utilities, garage parking, and three legally configured residences.
Where is this triplex located?
The property is located at 4418 N Albany Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Legal 3‑unit residential property with two 3‑bedroom units and one 2‑bedroom, 3‑bath unit; 1916‑built brick construction; Two‑car garage plus additional parking beside the garage
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