820 N Monticello Avenue

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Address: 820 N Monticello Ave, Chicago, IL 60651, USA
Chicago & Midwest + Apartment Buildings
Created date: May 26, 2026
Date last updated: September 13, 2026
Price: $659,999Investment Analyzer NEW!

Property Description

Discover a true value add opportunity right here in Humboldt Park. This is a legal 3-unit brick building paired with a separately-deeded and fenced lot next door at 822 N. Monticello Avenue. This property boasts a new, oversized, tandem parking garage and loft. The garage and loft are spray foam insulated, making it the perfect all-weather living space. Unit layout, long-term income potential, and the next door lot means you are not just buying a property, you're buying options. Whether your strategy includes full occupancy, investment, or future expansion, this asset delivers. Don't miss the chance to own a multi-unit in a sought-after neighborhood, with parking, loft space, and a buildable lot. Schedule your viewing today! The property is currently fully occupied and will require listing agent to accompany on showings.

Key Property Information

Listing Status: Under Contract
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $659,999
Year Built: 1910
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 6
Number of Bathrooms: 3
Address: 820 N Monticello Avenue, Chicago, IL 60651, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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