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8 Beds
5 Baths

$825,000

4418 N Albany Avenue, Chicago IL, 60625

Built in1916
Property typeMulti-family
Listed by James Michaels with Fathom Realty IL 773-562-9117

Overview

Active

Listed Sep 2, 2026

Updated 2 days ago

Family owned 30+ years, Legal 3-Unit Opportunity in Albany Park reflecting current family owned rental amounts and outstanding long-term upside. In ADU district , where Chicago's permanent Additional Dwelling Unit ordinance (effective April 2026). Buyers may have a path to explore building additional coach house in rear for additional living space as a conforming ADU, adding a possible additional income stream. First and Second floor with spacious units featuring desirable 3-bedroom layouts, creating strong tenant demand and premium rental potential. Full 2 bedroom 2 bath legal unit in lower level. Red Hot Albany Park that Investors will appreciate. Owner-occupants will also love the opportunity to live in one unit while generating income from the others. May also be an excellent condo conversion project. Tenants pay their own utilities, helping keep expenses low and returns strong. The property also includes a 2-car garage plus additional space on side of garage, adding convenience and value for residents. Ideally located near the Brown Line, shopping, dining, and all that Albany Park has to offer. This property combines convenience, quality, and strong upside rental demand. Whether you're expanding your portfolio or looking for a live-in investment, this is a rare opportunity to own a legal 3 with possible added ADU potential in a highly desirable neighborhood.

$5,489/mo

Est. mortgage payment based on a $825,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12750088

Interior Features

Bedrooms
8
Bathrooms
5
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$13,272
Tax Frequency
Annually
Garage
Yes
MLS provider logo

Listed by James Michaels with Fathom Realty IL 773-562-9117

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Data is refreshed every 3 hours. Listing last updated 6:54 AM UTC on 10/8/2026. 

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