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USAILChicago1940 Monticello Ave
1940 Monticello Ave, Home with 8 bedrooms, 4 bathrooms and 2 parking in Chicago IL | Image 1
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$830,000

1940 Monticello Ave, Chicago, IL

Real Estate

For Sale

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842
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes $7,980
Days Active 0
Lot Size 
Approx. Age 1912
MLS® Number 12454278

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 1940 N Monticello Ave - a beautifully renovated legal 2-flat with a non-conforming garden unit, located just steps from the 606 Bloomingdale Trail and all that Logan Square has to offer. This property is the perfect blend of vintage charm and modern convenience, featuring comprehensive updates from top to bottom. Each unit boasts stylish finishes, updated plumbing and electrical, newer windows, and three modern kitchens with stainless steel appliances. The building offers 4 updated bathrooms, a newer roof (2022 overlay), exterior wall insulation, and updated mechanicals, including a new furnace and condenser for the first floor unit, plus two mini splits for the garden unit. The 2nd floor unit has 4 beds/2 baths and is currently vacant but was previously rented for $2700/mo, while the 2 bed/1 bath garden unit brings in $2, 000/month as a fully furnished rental (mid-term rental leased through August), providing excellent income from day one. The spacious 2 bed/1 bath first-floor unit is currently owner-occupied and can be delivered vacant, making it ideal for house hacking or increasing your rental income potential. Additional features include a 2-car garage, carport, and a prime location close to parks, restaurants, cafes, and public transportation. Whether you're a seasoned investor or a first-time buyer looking to live in one unit and rent out the others, this property offers flexibility, stability, and long-term value in one of Chicago's most sought-after neighborhoods.Show Description
MLS® Number12454278
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1912
BasementFinished, Full
DrivewayNo Garage, On Site, Garage Owned, Detached, Garage
Garage Spaces
HeatNatural Gas
A/C
Heating Fuel

Extras

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