13
See all 13 photos
$575,000
Est. payment /mo
11 Beds
4 Baths
3,484 Sqft Lot
New
3801 N Albany AVE Chicago, IL 60618
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Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12434227
Bedrooms 11
Year Built 1895
Annual Tax Amount $19,692
Tax Year 2023
Lot Size 3,484 Sqft
Lot Dimensions 3468
Property Sub-Type Two to Four Units
Property Description
Exceptional opportunity to acquire a cash-flowing 4-unit property in the high-demand Irving Park neighborhood-ideal for the savvy investor seeking strong returns and long-term equity growth. The front frame building offers three spacious 3BD/1BA units, each with separately metered utilities and tenant-paid HVAC, minimizing owner expenses and boosting income. The rear structure adds an additional 2BD/1BA unit, offering diversified rental streams and maximum revenue potential. **This well-maintained asset sits on a quiet, tree-lined residential block, surrounded by consistent rental demand and strong neighborhood fundamentals. Tenants enjoy easy access to public transportation, major highways, parks, and retail, making it easy to lease and retain quality renters. **With minimal deferred maintenance, stable occupancy, and significant upside through rent increases or light value-add updates, this is a low-risk, high-reward investment. Ideal for cash buyers, 1031 exchange participants, or portfolio investors seeking a solid income-producing property in one of Chicago's fastest-appreciating areas. Turnkey, tenant-occupied, and sold as-is-start collecting rent from day one.
Location
State IL
County Cook
Area Chi - Irving Park
Rooms
Basement Crawl Space
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Community Features Curbs, Sidewalks, Street Lights, Street Paved
Building
Dwelling Type Two to Four Units
Building Description Frame, No
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Frame
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Oscar Darden • DEI Realty LLC
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