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4418 N Albany Avenue, Chicago, IL

$825,000

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8

Beds

About 4418 N Albany Avenue

Family owned 30+ years, Legal 3-Unit Opportunity in Albany Park offering income and outstanding long-term upside. In ADU upside district , where Chicago's permanent Additional Dwelling Unit ordinance (effective April 2026) now permits ADUs by-right. Buyers may have a path to explore building additional coach house in rear for additional living space as a conforming ADU, adding a possible additional income stream. First and Second floor with spacious units featuring desirable 3-bedroom layouts, creating strong tenant demand and premium rental potential. Full 2 bedroom 3 bath legal unit in lower level. 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. May also be an excellent condo conversion project. Tenants pay their own utilities, helping keep expenses low and returns strong. The property includes a 2-car garage plus additional parking 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 legal 3 with possible added ADU potential in a highly desirable neighborhood.

Features of 4418 N Albany Avenue

MLS® # 12750088
Price $825,000
Bedrooms 8
Bathrooms 0.00
Year Built 1916
Type Residential Income
Sub-Type Two to Four Units
Status Active

Community Information

Address 4418 N Albany Avenue
Area CHI - Albany Park
City Chicago
County Cook
State IL
Zip Code 60625

Amenities

Parking Spaces 2
Parking Yes, Garage Owned, Detached, Garage
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Forced Air
Fireplace No
Has Basement Yes
Basement Finished, Full

Exterior

Exterior Brick
Roof Asphalt, Rubber
Foundation Concrete Perimeter

School Information

District 299

Additional Information

Days on Market 16
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeFathom Realty IL

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Listing information last updated on September 30th, 2026 at 4:55pm CDT.