1940 N Monticello Ave
Chicago, IL 60647
8 Beds
4 Baths
2,088 Sq Ft
35 Days on Market
For Sale $850,000
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Courtesy of eXp Realty

Listing Agent & Comments

Michael ScanloneXp Realty
888-574-9405michael.scanlon@exprealty.com
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.

MLS# MRD12394327 • Data provided by MRED as distributed by MLS Grid
HouseCanary, Inc. Brokerage
Additional home details
Living Area2,088 Sq.Ft.
Lot Size3,781 Sq.Ft.
Total Rooms--
Bedrooms8
Bathrooms4
Stories2
Year Built1912
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$7,980
Property in Flood Zone--
BasementYes
PoolNo
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1940 N Monticello Ave., Chicago, IL 60647

Multifamily
8 Beds
4 Baths
2,088 Sq Ft
35 Days on Market

Listing Agent & Comments

Michael ScanloneXp Realty
888-574-9405michael.scanlon@exprealty.com
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.

MLS# MRD12394327 • Data provided by MRED as distributed by MLS Grid
HouseCanary, Inc. Brokerage
Additional home details
Living Area2,088 Sq.Ft.
Lot Size3,781 Sq.Ft.
Total Rooms--
Bedrooms8
Bathrooms4
Stories2
Year Built1912
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$7,980
Property in Flood Zone--
BasementYes
PoolNo
This property is missing data for:
Forecast
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $850,000
Get_PreApproved_Property_Details
Save
Courtesy of eXp Realty
1940 N Monticello Ave
Chicago, IL 60647
8 Beds
4 Baths
2,088 Sq Ft
35 Days on Market

Listing Agent & Comments

Michael ScanloneXp Realty
888-574-9405michael.scanlon@exprealty.com
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.

MLS# MRD12394327 • Data provided by MRED as distributed by MLS Grid
HouseCanary, Inc. Brokerage
Additional home details
Living Area2,088 Sq.Ft.
Lot Size3,781 Sq.Ft.
Total Rooms--
Bedrooms8
Bathrooms4
Stories2
Year Built1912
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$7,980
Property in Flood Zone--
BasementYes
PoolNo
This property is missing data for:
Forecast
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $850,000
Get_PreApproved_Property_Details
Save
Courtesy of eXp Realty