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$849,900

2501 Mont Clare Ave

Chicago, IL
Active
8
Bedrooms
1966
Year Built
32
Days On Market

Opportunity knocks with this spacious three-unit property on a desirable corner lot in Chicago's Mont Clare neighborhood, right on the cusp of Elmwood Park. The property features two generously sized 3-bedroom, 2-bathroom apartments, each offering approximately 1,600 square feet of living space, plus a separate 1-bedroom, 1-bathroom garden apartment. This unique layout provides exceptional flexibility for an owner-occupant, multigenerational household, or investor looking to maximize the property's income potential. The two spacious main apartments provide the feel and functionality of full-size homes, while the garden apartment offers an additional opportunity for rental income, extended family, or guests. All residents benefit from convenient parking, with a carport and a detached two-car garage offering additional parking and storage. Recent mechanical updates add to the property's appeal. Each unit has its own newer furnace and water heater, providing separate heating and hot-water systems, while a brand-new electrical panel adds another important update. The corner lot offers plenty of outdoor potential, with room beyond the two-car detached garage to create a private backyard oasis. With three separate living spaces, multiple parking options, separate mechanical systems, and substantial outdoor space, this property offers a rare combination of flexibility and income potential. Whether you're looking to live in one of the spacious apartments while generating rental income from the others, accommodate extended family, or add a versatile multi-unit property to your portfolio, this Mont Clare property offers space, flexibility, and multiple ways to make the property work for you. With its exceptional layout, multiple living spaces, parking, updates, and unbeatable transportation access, this is a property you won't want to miss-and it won't last long on the market!

Listing Information

Listing Updated
26 days ago
Listed By
Maureen Moran · Coldwell Banker Realty, 7084604900
MLS#
12774320
Source
Midwest Real Estate Data (MRED)
Status
Active

Facts & Features

Location

Community Information

Address
2501 N Mont Clare Ave, Chicago, IL 60707
City
Chicago
County
Cook
Zip Code
60707

Architecture

Bedrooms
8
Year Built
1966
Construction Materials
Brick
Garage
Yes
Garage Spaces
2
Parking Features
Other, Garage, Detached, Garage Faces Rear, Alley Access

Features & Amenities

Heating
Natural Gas, Steam

Property Features

Water
Public
Sewer
Public Sewer

Tax & Financial Information

List Price
$849,900
Annual Taxes
$8,240

Schools

100/100
Acero Charter Roberto Clemente Elementary
Elementary · Grades KG–08 · 1 mi
City
Chicago
Students
534
Student body
95% Hispanic / Latino · 3% Black · 1% White
Free/reduced lunch
88%
Phone
(312) 455-5425
64/100
Early Childhood Center
Grades M–M · 0.7 mi
City
Elmwood Park
Students
206
Student–teacher
19.0
Student body
62% Hispanic / Latino · 32% White · 4% Asian
Free/reduced lunch
43%
Phone
(708) 583-5860
55/100
Elm Middle School
Middle · Grades 06–08 · 1 mi
City
Elmwood Park
Students
622
Student body
60% Hispanic / Latino · 34% White · 3% Black
Free/reduced lunch
41%
Phone
(708) 452-3550
55/100
Steinmetz College Prep High School
High · Grades 09–12 · 1.2 mi
City
Chicago
Students
1,333
Student body
76% Hispanic / Latino · 15% Black · 7% White
Free/reduced lunch
89%
Phone
(773) 534-3030
55/100
Burbank Elementary School
Elementary · Grades PK–08 · 1.2 mi
City
Chicago
Students
931
Student body
90% Hispanic / Latino · 7% Black · 2% White
Free/reduced lunch
97%
Phone
(773) 534-3000
55/100
CICS - West Belden Campus
Elementary · Grades KG–08 · 1.4 mi
City
Chicago
Students
537
Student body
92% Hispanic / Latino · 7% Black · 1% White
Free/reduced lunch
83%
Phone
(773) 637-9430
54/100
Elmwood Elementary School
Elementary · Grades KG–05 · 0.6 mi
City
Elmwood Park
Students
567
Student body
55% Hispanic / Latino · 37% White · 4% Black
Free/reduced lunch
58%
Phone
(708) 452-6254
53/100
Locke J Elementary School
Elementary · Grades PK–08 · 0.6 mi
City
Chicago
Students
1,239
Student body
84% Hispanic / Latino · 11% White · 2% Black
Free/reduced lunch
92%
Phone
(773) 534-3300

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
10/01/2026Listed for sale$849,900

Listed by Maureen Moran · Coldwell Banker Realty · 7084604900

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 7, 2026 at 5:10 AM | Source: Midwest Real Estate Data (MRED) | MLS#: 12774320

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