Ashley Pankey
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
Family owned 30+ years, Great upside Opportunity in Albany Park in ADU district , where Chicago's permanent Additional Dwelling Unit ordinance (effective April 2026) is in place. Buyers may have a path to explore building additional units in building and coach house in rear for additional living space and income stream. First and Second floor with spacious units featuring desirable 3-bedroom layouts, creating strong tenant demand and premium rental potential. Finished lower level with 3 bedroom 3 bathrooms . 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 or duplex down. This 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 nice brick building with possible added ADU potential in a highly desirable neighborhood.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 8
Bathrooms: 5
County: Cook
Listed By:
Fathom Realty IL
708-543-1106
MRED MLS
MLS ID: 12750088
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4418 N Albany Avenue, Chicago, IL 60625.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $825,000 | $825,000 | $825,000 |
| Down Payment | $165,000 | $28,875 | $206,250 |
| Monthly Mortgage Amount | $4,336 | $5,322 | $5,348 |
| Taxes | $1148 | $1148 | $1148 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $363 | $0 |
| Monthly Estimated Total | $5,725 | $7,074 | $6,737 |
Ashley Pankey
REALTOR®
Cell: (309) 721-8830
Licensed in IL & IA
Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
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