IL
Cook
Chicago
60618
3801 N Albany Avenue
3801 N Albany Avenue, Chicago, IL 60618
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Listing Type
Multi Family
Listing Status
active
13
$575,000

Home Details for 3801 N Albany Avenue

Price
$575,000
Type
Residential Income
Bedrooms
11
Bathrooms
4.0
Square feet
NaN
Year built
1895
Lot size acres
0.08
County
Cook
Total rooms
22
Garage
Basement
Crawl Space
Days on site
41
MLS Listing#
12434227
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.

Property Features
  • Heating Information
    • Natural Gas
    • Forced Air
  • Water Features
    • Public
  • Basement
    • Crawl Space
Listing Courtesy: DEI Realty LLC - 708-669-7344
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-09-17 12:45:23. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-09-17 12:45:23
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EXIT GRACE REALTY
2945 N. Milwaukee Ave. Ste B, Chicago, IL 60618
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