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$825,000

4418 Albany Ave

Chicago, IL
Contingent
8
Bedrooms
1916
Year Built
60
Days On Market

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.

Listing Information

Listing Updated
6 days ago
Listed By
James Michaels · Fathom Realty IL, 7085431106
MLS#
12750088
Source
Midwest Real Estate Data (MRED)
Status
Contingent

Facts & Features

Location

Community Information

Address
4418 N Albany Ave, Chicago, IL 60625
City
Chicago
County
Cook
Zip Code
60625

Architecture

Bedrooms
8
Year Built
1916
Construction Materials
Brick
Foundation
Concrete Perimeter
Roof
Asphalt, Rubber
Garage
Yes
Garage Spaces
2
Parking Features
Garage, Detached

Features & Amenities

Heating
Forced Air

Property Features

Sewer
Public Sewer

Tax & Financial Information

List Price
$825,000
Annual Taxes
$13,271

Schools

100/100
Marshall Middle School
Grades 07–08 · 1 mi
City
Chicago
Students
55
Student body
76% Hispanic / Latino · 11% Black · 6% Asian
Free/reduced lunch
100%
Phone
(773) 534-5200
75/100
Von Steuben Metro Science High School
High · Grades 09–12 · 0.9 mi
City
Chicago
Students
1,695
Parent reviews
5.0★ avg · 2 reviews
Student body
56% Hispanic / Latino · 17% White · 15% Asian
Free/reduced lunch
61%
Phone
(773) 534-5100
74/100
Cleveland Elementary School
Elementary · Grades PK–08 · 0.7 mi
City
Chicago
Students
498
Parent reviews
5.0★ avg · 10 reviews
Student body
77% Hispanic / Latino · 10% White · 5% Asian
Free/reduced lunch
76%
Phone
(773) 534-5130
61/100
Waters Elementary School
Elementary · Grades PK–08 · 0.8 mi
City
Chicago
Students
702
Parent reviews
3.0★ avg · 6 reviews
Student body
60% White · 24% Hispanic / Latino · 10% Two or More Races
Free/reduced lunch
23%
Phone
(773) 534-5090
57/100
Roosevelt High School
High · Grades 09–12 · 0.5 mi
City
Chicago
Students
1,185
Student body
70% Hispanic / Latino · 15% Black · 7% Asian
Free/reduced lunch
97%
Phone
(773) 534-5000
56/100
Albany Park Multicultural Elementary
Middle · Grades 07–08 · 0.6 mi
City
Chicago
Students
222
Student body
83% Hispanic / Latino · 5% White · 5% Black
Free/reduced lunch
90%
Phone
(773) 534-5108
56/100
Edison Elementary Regional Gifted Center
Elementary · Grades KG–08 · 0.7 mi
City
Chicago
Students
271
Student body
58% White · 19% Asian · 10% Two or More Races
Free/reduced lunch
9%
Phone
(773) 534-0540
56/100
CICS - Irving Park Campus
Elementary · Grades KG–08 · 0.8 mi
City
Chicago
Students
553
Student body
73% Hispanic / Latino · 15% White · 5% Asian
Phone
(773) 433-5000

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
09/03/2026Listed for sale$825,000

Listed by James Michaels · Fathom Realty IL · 7085431106

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: October 27, 2026 at 3:50 PM | Source: Midwest Real Estate Data (MRED) | MLS#: 12750088

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