Closed

$750,000

Favorite

6,969

square ft

4816 N Monticello Avenue

CHICAGO, Illinois 60625

Closed / MLS #9345227 / Multiple Family / Ravenswood Manor

Listing information updated 12/15/2016 at 1:58am

This Legal 7 unit Brick building is a great investment or condo conversion! All units have Individual gas forced-air heating including 8th unit managers office. 6 units with 2 bed 1 bath 2 Basement units 1 bed 1 bath. 3 units with separate dining rooms all have updated eat in kitchen. 4 units are larger with extra sf from sun room. 99% of all improvements have been done Between 2010- 2014 updates include Roof, Windows, Tuckpointing, New laundry room, Common areas, plumbing and electrical as needed. Fast appreciating area close to North Park College, Public Transportation, Downtown Chicago, parks, Lakes, Rivers, Biking and hiking Trails makes this Building Centrally located. Below market rents due to long time tenants. Average rents in this area are $1000-1300 month.

Full Features

Exterior Type:

Brick

Basement:

Finished

Square Feet:

6,969

Built:

1922

Parking Spaces:

Cooling System:

None

Stories:

Roof:

Reflective Coating,Rubber

Current Use:

Residential-Multi-Family

Potential Use:

Condominium

Zoning:

MULTI

Building Square Feet:

6,969

Current Net Income:

$49,665

Unit 1:

6 room(s) / 2 bed(s) / 1 bath(s)

Unit 2:

4 room(s) / 2 bed(s) / 1 bath(s)

Unit 3:

3 room(s) / 1 bed(s) / 1 bath(s)

Unit 4:

2 room(s) / 0 bed(s) / 1 bath(s)

Taxes & Assessments

Tax Amount:

$10,799

Tax Year:

N/A

Location

Zip Code:

60625

City:

Chicago

County:

Cook

Listing Office: RE/MAX Northern Shores

Listing Office Phone: 847.763.9500

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/15/2016 at 1:58am. 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.

Ravenswood Manor, IL

Located within the Albany Park community area, Ravenswood Manor is a registered historic district on the north side of Chicago. It is bordered by the Chicago River and Sacramento, Montrose and Lawrence Avenues. Developed during the early 20th century, Ravenswood Manor is primarily a residential neig...

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CTA

Brown line at Kimball

$432,781

Average Sale Price

Average Days On The Market

99%

Sales Prices VS. List Price

Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.

New Listings in Ravenswood Manor, IL

Recently Sold Homes in Ravenswood Manor, IL

Popular Neighborhoods near Ravenswood Manor, IL

4816 N Monticello Avenue is a multiple family which sold for $750,000. This multiple family has been listed on @properties since September 17th, 2016 and was built in 1922. The nearest transit stops include Kimball CTA Brown line.