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About the Listing 28545 - 264269,138719
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.
Listing Highlights for 3801 N Albany Ave
Status
Pending
Days on Site
40
Property Type
Multi-Family
MLS ®
12434227
Year Built
1895
Total Square Footage
0
Lot/Acreage
0.08
Interior Details
- Bedrooms: 11
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Crawl Space
- Other:
- Water: Lake Michigan,Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 3468
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $19,692
- Taxes w/Assessments: N/A
- Tax/Property ID: 13241100230000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
3801 N Albany Ave Chicago, IL 60618
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