3344 N Monticello Avenue, Chicago, IL

$749,000

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About 3344 N Monticello Avenue

JUMBO BRICK LEGAL 3-FLAT on an EXTRA-WIDE 31' x 126' LOT! An exceptional opportunity for both investors and owner-occupants, this well-maintained three-unit property offers 7 total bedrooms and 3 bathrooms with generously sized interiors throughout. The building features a 1-bedroom/1-bath garden unit and two spacious 3-bedroom/1-bath residences on the first and second floors. All three units underwent extensive renovations in late 2020, including remodeled kitchens and bathrooms and updated appliances, creating move-in-ready spaces while maintaining the building's original character and woodwork. Each residence offers an extra-wide floor plan, spacious rooms and large eat-in kitchens. Three separate HVAC systems allow tenants to control their own gas and electric, while water, sewer and garbage are included. Additional features include coin-operated laundry, basement and rear-stairwell storage, a fenced backyard with patio space, and a 2-car garage with covered parking. Ideally located just three blocks from the Addison Blue Line with convenient access to I-90/94, shopping, dining and neighborhood amenities. With strong rental appeal, potential for increased rents, an extra-wide lot and substantial updates already completed, this is a compelling opportunity to live in one unit while generating income from the others or add a turnkey multi-unit property to an investment portfolio. All units are currently tenant-occupied; therefore, the property is not available for immediate owner occupancy. Lease dates posted.

Features of 3344 N Monticello Avenue

MLS® # 12749582
Price $749,000
Bedrooms 7
Bathrooms 0.00
Year Built 1926
Type Residential Income
Sub-Type Two to Four Units
Style Traditional
Status New

Community Information

Address 3344 N Monticello Avenue
Area CHI - Avondale
City Chicago
County Cook
State IL
Zip Code 60618

Amenities

Parking Spaces 2
Parking Garage Door Opener, Yes, Garage Owned, Detached, Garage
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Forced Air, Sep Heating Systems - 2+
Fireplace No
Has Basement Yes
Basement Finished, Partial

Exterior

Exterior Brick
Roof Rubber, Flat

School Information

District 299
Elementary Reilly Elementary School
Middle Marshall Middle School
High Schurz High School

Additional Information

Days on Market 2
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCompass

Listing Map

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