View All Albany Park Chicago IL 2-Flats Listings

8 Beds ⋅ 3 Baths ⋅ 12756650 MLS ⋅ NEW Status

Great investment opportunity !! Legal 3 flat located on quite cul-de-sac in sought after Albany Park, known for its strong rental market. Featuring 3 spacious unit. 1st and 2nd floor offers 3 bedrooms and 1 bath and garden apartment features 2 bedrooms and 1 bath. All units with separate utilities and HVAC system including first and second floor with central AC. Tenants are on a month to month basis, providing flexibility to increase rent. Each apartment is nicely updated and well maintained by long term tenants, featuring can lights, newer windows, hardwood floors, updated furnaces and modern kitchens. The fenced backyard offers tenants outdoor space for summer gatherings. Additional features include 2 car garage and parking pad for additional parking. An excellent opportunity for a savvy investor to increase rental income or for an owner occupant. Conveniently located walking distance to schools, bus stops, shopping, restaurants, El station and daily amenities. Washer and dryer not included

5038 N Harding Avenue, Chicago

$649,900

5 Beds ⋅ 3 Baths ⋅ 12738930 MLS ⋅ CONTINGENT Status

Classic brick Chicago two-flat offering two spacious 2-bedroom, 1-bath residences plus a finished non-conforming lower level that adds exceptional flexibility and potential. An excellent opportunity for an owner-occupant or investor, the property provides the ability to live in one unit while generating rental income from the other, with the lower level offering additional potential for supplemental income or extended living arrangements, subject to applicable zoning and legal-use requirements. Both conforming units feature generous living and dining spaces, hardwood flooring, abundant natural light, private kitchens, and well-proportioned bedrooms. The upper residence offers a comfortable, open flow with a spacious kitchen, expansive living and dining areas, and additional enclosed porch space. The main-level residence provides equally flexible living space with its own kitchen and private accommodations. The finished basement includes one bedroom, one full bathroom, a full kitchen, and both interior and exterior access. Additional features throughout the property include multiple enclosed porch and bonus spaces, laundry, storage, and plenty of opportunity to update or personalize over time. Outside, the solid brick exterior is complemented by a fenced front yard, mature landscaping, rear patio and green space, creating additional room to enjoy the property beyond the interior. Conveniently located near neighborhood favorites along Kedzie, Irving Park, and Montrose, with easy access to Independence Park, Horner Park, the Brown and Blue Lines, and notable area schools including Lane Tech College Prep, Northside College Prep, and DePaul College Prep. Whether you're looking to house-hack, expand your investment portfolio, or create a flexible multi-generational living arrangement, this two-flat offers space, versatility, and compelling income potential in a well-connected Chicago neighborhood.

4252 N Whipple Street, Chicago

$559,999

7 Beds ⋅ 3 Baths ⋅ 12739688 MLS ⋅ ACTIVE Status

Attention - Prime Irving Park Location. Exceptional opportunity for owner-occupants, investors, or developers in a highly desirable Irving Park area. Conveniently situated near CTA, Metra, I-90/94, shopping, restaurants, parks, and coffee shops. This family-owned property of over 40 years offers versatile options - keep it as a two-flat with additional rental income, or transform it into your dream home, surrounded by luxurious single-family residences. First Floor: 2 bedrooms, living room, dining room, kitchen, 1 bathroom. Second Floor (duplexed to attic): Living room, dining room, kitchen, 5 bedrooms, 2 bathrooms. Additional features: ample storage, enclosed porches, 2-car garage, and a fully fenced yard & Separate laundry hookup .New roof will be put on this month , Property is being sold As-Is. Pre-approved buyers only.

4019 N Bernard Street, Chicago

$650,000

5 Beds ⋅ 4 Baths ⋅ 12728422 MLS ⋅ ACTIVE Status

Excellent investment potential! With some updating could be transformed into a beautiful home while adding significant value. Ideal for investors, rehabbers, or buyers looking to customize a property to their own taste. The spacious layout, and desirable location make this property a great choice for renovation and long-term value! This property offers a great opportunity to own this spacious 5 bedroom 4 bathroom home offering versatile floor plan. Hardwood floors in majority of home. 2 flat with kitchens on both levels, can be used as single family home. 1st floor has 2 bedrooms with full bath, living and dining room with fireplace, kitchen with walk in pantry and rear enclosed porch. The second floor includes 3 spacious bedrooms, two full bathrooms, kitchen and living room providing added comfort and flexibility, rear enclosed porch. The partially finished basement offers and office/bedroom, additional full bathroom, rec room, laundry area and lots of storage - endless opportunities. Detached 2 car brick garage. great corner brick building.

4100 N Kimball Avenue, Chicago

$510,000

5 Beds ⋅ 3 Baths ⋅ 12714074 MLS ⋅ CLOSED Status

** Multiple Offers. H & B Wed @ 7:00 pm**Super opportunity this 2-flat building with finished basement situated between Albany Park & Irving Park neighborhoods on the NW side of Chicago. It is a true value; an owner-occupied home + income or as a 2-3 units income investment. It can become a Single-Family conversion or total redevelopment. Either way this is a win win situation. The property offers two units 2bdr/1bth and the garden unit with 1bdr/1bth. Nice front yard and a beautiful flowery front porch for summer fun. An enclosed porch and 2 parking spaces in the back. Fenced yard and tons of security and privacy. Property sold "AS IS" but it has great bones and is waiting for your ideas. Located in amazing location: just steps from Montrose and blocks from Elston, within walking distance of Patrick Henry Elementary school, CTA busses & Kimball Brown Line and close to expressway. This building is in a very hot neighborhood where opportunities like this rarely arise!

4340 N Drake Avenue, Chicago

$609,000

4 Beds ⋅ 2 Baths ⋅ 12671805 MLS ⋅ CLOSED Status

A true Northwest side Chicago classic, this all-brick 2-flat is located on one of the most desirable tree-lined streets in the heart of Albany Park -- a prime location offering an urban-suburban feel! Whether you are looking for an income generating rental investment property; an owner-occupied house hacking opportunity (living in one unit and having the other assist in covering your mortgage) or converting this 2-flat to your personal residence...it is priced to sell! Each of the two spacious units, currently rented, features: a gracious living room with abundant front facing windows; a large separate dining room; eat-in kitchen with pantry; two bedrooms; full bath and a den, which could be used as a third bedroom. Both units, as well as the basement feature access to both the front and a side entrance via interior staircases. This home, which boasts some of its distinctive original woodwork, doors, built-ins, stain glass windows, hardwood floors, fireplace (on the second floor only), is being sold "AS IS" and awaits your vision and updates! A shared unfinished basement with coin-operated laundry area provides additional storage and features a newer boiler replaced in 2023. The backyard has a grassy area and a concrete parking pad for two vehicles. Convenient to transportation, this home is close to the CTA Brown Line, Blue Line, the Irving Park Metra, and offers quick access to I-90/94 and O'Hare Airport. Additional nearby features include: the scenic North Branch Trail; Eugene Field Park and kids playground, North Park University, Northeastern Illinois University, Gompers Park, schools, shopping and dining. A perfect opportunity to own an income generating home in a neighborhood, where rents are in demand and property values are climbing! NOTE: For those looking to purchase an owner-occupied property, this 2-flat is "Zoned A" and qualifies for the new "Homegrown Purchase Assistance Program" recently rolled out by the City of Chicago for qualifying and eligible first-time homebuyers...up to $70,000 in maximum assistance.

5030 N Ridgeway Avenue, Chicago

$965,000

5 Beds ⋅ 5 Baths ⋅ 12663553 MLS ⋅ CLOSED Status

Don't miss this exceptional opportunity to own a beautifully renovated two-flat in the heart of HOT Albany Park. This turnkey property offers the perfect blend of owner-occupant living and investment potential, featuring an expansive duplex owner's unit with 3 bedrooms and 3 full bathrooms, plus a spacious second unit with 2 bedrooms + a den, and 2 full bathrooms. The impressive owner's unit lives like a single-family home, showcasing sun-filled living spaces, thoughtfully updated finishes, and a flexible floor plan designed for modern living. The open-concept layout provides seamless flow for everyday living and entertaining, while generously sized bedrooms and three full baths offer comfort and convenience. The lower level expands the living space with additional room for a family room, home office, and 1 full bedroom + bath for guest accommodations. The beautifully updated second unit offers a fantastic income-producing opportunity with an updated kitchen, two spacious bedrooms + a versatile den space, and two full bathrooms. The outdoor living is equally impressive, featuring a spacious rear deck that provides the perfect setting for summer entertaining, grilling, and outdoor dining. The nicely landscaped, oversized backyard offers an exceptional amount of green space rarely found in the city, with plenty of room for gardening and outdoor fun. Ideally situated on a tree-lined street in one of Chicago's most sought-after neighborhoods, you'll enjoy easy access to parks, restaurants, coffee shops, public transportation, and all that vibrant Albany Park has to offer; also located within desirable Bateman school district. Whether you're looking to offset your mortgage with rental income or expand your investment portfolio, this move-in-ready two-flat is a rare find!

4421 N Troy Street, Chicago

$599,999

5 Beds ⋅ 2 Baths ⋅ 12634576 MLS ⋅ CLOSED Status

Take a look at this beautiful, fully owner-occupied Albany Park brick 2-flat owned and lovingly cared for by the same family for the last 52 years! The 1,376 sq. ft. first floor unit consists of 2 bedrooms, 1 bathroom, large formal living & dining rooms, a front porch room, a kitchen with a very large pantry and a bonus room off of the kitchen. The over 1,200 sq. ft. second floor unit consists of 3 bedrooms, 1 bathroom, large formal living & dining rooms, an eat-in kitchen with a bonus room, and walk-out rooftop access that can very easily be converted into a deck. Hardwood floors in both units. The large basement currently contains a washer, dryer and utilities, but has plenty of space to add an owner garden unit w/rough plumbing already in place. Updated electrical. New heat boiler (2020), water heater (2019). 2-car garage. This is great for an investor, for someone looking to occupy one unit while renting out the other, or for a multi-family situation. The building being fully owner-occupied allows for an investor to make immediate updates and charge top market price for rents immediately. This one surely won't last long, so don't wait and schedule your showing today!

4925 N Troy Street, Chicago

$750,000

6 Beds ⋅ 3 Baths ⋅ 12622485 MLS ⋅ CLOSED Status

Solid 2-Unit Investment Opportunity - Move-In Ready with Upside Exceptional Albany Park 2-flat offering a unique footprint and strong rental potential. Unit 1 is a jumbo 3BR duplex-down with a lower-level living suite, while Unit 2 offers a bright and spacious 3BR layout. Both units feature classic sunrooms and well-preserved vintage details. With laundry in the basement and a clean, solid structure, this building just needs some cosmetic updating to command top-market rents. The roof was torn off and replaced in 2018. Unbeatable location near Lincoln Square, North Park and Northeastern Universities, and world-class dining. Steps away from the Kedzie Brown Line.

4529 N Christiana Avenue, Chicago

$450,000

5 Beds ⋅ 3 Baths ⋅ 12556295 MLS ⋅ CLOSED Status

Welcome to Albany Park! This charming 2-flat property is perfect for owner-occupants looking to generate rental income. The top unit features a spacious duplex-up layout with 3 bedrooms & 1.1 bathrooms. Top unit also offers updated kitchen cabinetry. The first-floor unit offers 2 bedrooms and 1 bathroom. Both units boast updated bathrooms, modern light fixtures, and beautifully refinished floors throughout. Central heat ready.Enjoy a generous backyard with privacy fence, ideal for entertaining, and a two-car garage prepped with you garage door/opener for added convenience. Don't miss this fantastic opportunity in a prime location! Being sold AS-IS.

4229 N Kedzie Avenue, Chicago

$740,000

5 Beds ⋅ 3 Baths ⋅ 12620048 MLS ⋅ CLOSED Status

A true Chicago classic, this well maintained all-brick 2-flat in the heart of Albany Park is coming to market for the first time in generations - and it shows the pride of long-term owner occupancy at every turn. Step inside and you're immediately greeted by a stunning shared entry foyer featuring original oak woodwork, a staircase with turned balusters, and solid wood doors that speak to the craftsmanship of a bygone era. Both units offer 3 spacious bedrooms, hardwood floors throughout, and well-appointed kitchens featuring maple cabinetry and stainless steel appliances. Elegant original details shine across both floors - from a decorative fireplace with a beautiful oak mantle and decorative columns, to crown molding and arched doorways. The sun-drenched front living rooms in each unit are wrapped in windows on three sides, bathing the spaces in natural light throughout the day - a truly rare and uplifting feature. Updated bathrooms, central air and heat, a shared basement with laundry and an additional bathroom, a private backyard, and a 2-car garage round out this exceptional property. Walk to the CTA Brown Line and Jefferson Park Metra, with quick access to I-90/94, O'Hare, and the scenic North Branch Trail just steps away. Whether you're an owner-occupant or a seasoned investor seeking a solid, character-filled Chicago asset - this is the one you've been waiting for.

4954 N Drake Avenue, Chicago

$350,000

6 Beds ⋅ 2 Baths ⋅ 12606129 MLS ⋅ CLOSED Status

INVESTORS REHAB CONTRACTORS - 2 flat brick Albany Park - full basement. Opportunity requires a complete gut rehab- second floor unit currently down to studs. Each unit 3 bedroom 1- bath. 2 car detached garage unstable. Owner occupied first floor.

4915 N Troy Street, Chicago

$727,500

7 Beds ⋅ 3 Baths ⋅ 12596880 MLS ⋅ CLOSED Status

Incredible brick two-flat on an oversized lot in highly sought-after Ravenswood Manor/East Albany Park! This well-maintained property features spacious units with hardwood floors, formal dining rooms, large pantries, and charming enclosed porches. Unit 1 offers 2 bedrooms and 1 bath, while Unit 2 boasts 3 bedrooms and 1 bath-perfect for owner-occupants or investors alike. Both kitchens have been tastefully updated with quartz countertops, stylish backsplashes, freshly painted cabinetry, and stainless steel appliances. Recent improvements include new water supply and drain lines (2023), three updated electrical panels (2023), a new hot water heater (2023), and new bathroom finishes (2023). The finished garden apartment features 2 bedrooms and 1 bath, complete with vinyl plank flooring, quartz countertops, and stainless steel appliances. (Neither the owner nor the Listing Broker guarantee/represent/confirm that the basement is a legal unit.) Step outside to your own private oasis-a generous backyard with a pergola, perfect for relaxing or entertaining. A detached two-car garage plus an additional parking pad provide ample parking - opportunity for parking rental income. Additional features include radiator heat, a common water heater, and convenient coin laundry. Unbeatable location- Two minute walk to the Brown Line, restaurants, shopping, coffee shops, Horner Park, and more! **Offer Deadline: Sunday, March 29th at 5pm**

4704 N Troy Street, Chicago

$635,500

6 Beds ⋅ 3 Baths ⋅ 12586286 MLS ⋅ CLOSED Status

Well-maintained 2-flat with a full finished basement unit located on a quiet, tree-lined street in the desirable Albany Park / Irving Park area. Each unit offers a 2-bedroom, 1-bath layout with spacious living areas and generously sized bedrooms. The finished basement includes a full 2-bedroom, 1-bath unit setup and coin-operated washer and dryer, providing additional living space and flexibility. The property sits on a standard Chicago lot with rear yard space and a 2-car garage. Conveniently located near CTA transit, major thoroughfares, parks, shopping, and dining, making it attractive for commuters and tenants alike.

4514 N Springfield Avenue, Chicago

$600,000

5 Beds ⋅ 2 Baths ⋅ 12577094 MLS ⋅ CLOSED Status

Fantastic opportunity in the sought-after Irving Park neighborhood near the highly desirable Independence Park area! This classic 2-flat offers incredible potential for investors, rehabbers, or buyers considering a single-family conversion. The top-floor unit features a spacious duplex-up layout with 3 bedrooms and 1 bath, offering added living space and flexibility. The first-floor unit includes 2 bedrooms and 1 bath, making this an ideal setup for an owner-occupant looking to generate rental income. Enjoy a large, private backyard with a privacy fence, perfect for outdoor entertaining, plus a two-car garage. Easy access to parks, restaurants, shopping and public transportation Property is being sold AS-IS. Great value-add opportunity in a strong neighborhood! Now accepting highest and best offer by 12PM March 3, 2026

4049 N Troy Street, Chicago

$855,000

7 Beds ⋅ 3 Baths ⋅ 12571412 MLS ⋅ CLOSED Status

Well-maintained and fully rented, this classic Chicago 2-flat at 3123 W. Eastwood offers a seamless investment opportunity with strong existing tenancy in place. Long-time ownership shines through in the care and thoughtful upkeep throughout the building. The first-floor unit is a spacious duplex-down featuring 4 bedrooms (2 up, 2 down) and 2 full baths. The lower level includes a full bathroom and wet bar, offering flexible living space ideal for extended living or entertaining. The second-floor unit is a bright 3-bedroom with hardwood flooring throughout and a traditional, well-designed layout. Each unit has its own private laundry and separate mechanical systems. Tenants pay their own heat, gas, and electricity, keeping operating expenses streamlined for the next owner. A true, solid classic Chicago 2-flat with income in place and pride of ownership throughout. This one will not last.

3123 W Eastwood Avenue, Chicago

$800,000

6 Beds ⋅ 3 Baths ⋅ 12575668 MLS ⋅ CLOSED Status

Well-maintained Chicago brick 2-flat at 4139 N. Troy offering immediate income with long-term upside. Lovingly cared for by a longtime owner, this investment property is ready for its next chapter. The building features two occupied units with strong tenants in place. Tenants pay their own utilities, with landlord responsible for water and garbage, keeping operating expenses straightforward and predictable. The basement is partially built out and presents a value-add opportunity for additional living space, duplex-down potential, or future expansion (subject to zoning and city approval). A rare chance to increase income over time. Professionally managed and consistently maintained, this is a turnkey asset with room to grow. Registration required. Do not disturb tenants. Opportunities like this do not last - secure your showing today.

4139 N Troy Street, Chicago

$700,000

10 Beds ⋅ 4 Baths ⋅ 12564445 MLS ⋅ CLOSED Status

Newly rehabbed 2-flat building with income generating attic unit with 2 entrances and a basement unit as well. Cashflows as a 4 unit with Investors looking at a 15-18+ Cash on Cash Return! Building is fully leased with very qualified tenants. New 55 gallon water heater installed 2021. Furnaces are 9 years old. Plumbing and electric are new. Main water line to the city was also replaced. Attached 2 car garage. Units 1 and 2 include Central AC. Open concept units with hardwood floors, new kitchen cabinets, quartz countertops, all stainless steel appliances, and in-unit laundry and new bathrooms. New landscaping done and beautiful exterior paint job. Property is located on a prime stretch of Montrose Avenue with easy access to CTA, Blue Line, Brown Line and I-90/94 expressway. CONVENTIONAL BUYERS. WILL NOT QUALIFY FOR FHA...

3505 W Montrose Avenue, Chicago

$730,000

6 Beds ⋅ 4 Baths ⋅ 12556814 MLS ⋅ CLOSED Status

Irving Park legal 3-flat with tons of upside-ideal for an investor or rehabber. Each unit offers a spacious, classic layout with 2 bedrooms, formal dining room, living room, and kitchen. Full finish basement. Property selling As-Is condition. It features a newer deck and an approximately 10-year-old roof. The third-floor unit's furnace is approximately three years old. Renovation has started in the first-floor unit, and the property needs work throughout-perfect for a value-add buyer looking to complete the rehab and maximize rental income or future resale profit. Prime location near transit, shops, and neighborhood conveniences.

4043 N Sawyer Avenue, Chicago

$590,000

6 Beds ⋅ 3 Baths ⋅ 12559186 MLS ⋅ CLOSED Status

Beautiful Chicago Multi-unit with 120,000 worth of updates completed by the owner when he was an occupant. The property sits on a tree-lined street, with lots of new construction in the area. Property is close to 90 & 94, Parks, and public transportation. Building is a legal 2 flat with a convertible in-law arrangement unit on the top floor. Lots of options - leave as separate units, collect rent from already rehabbed apartments; convert to duplex for more single-family space - pick what fits your needs.

4614 N Springfield Avenue, Chicago

$860,000

7 Beds ⋅ 4 Baths ⋅ 12528407 MLS ⋅ CLOSED Status

LARGE 2 flat with full finished basement- 3,542 sq. ft. per county assessor. Great investment opportunity, Prime location in the heart of Irving Park neighborhood on very beautiful Monticello Ave. just a few yards from Irving Park Ave. Very well maintain, with 3 heating systems, separate 3 furnaces and AC on the first floor. New 2 water heaters, freshly updated 1st floor with stainless steel appliances, quartz counters, great 2 bathrooms and gorgeous light fixtures. Large units: second floor with 4 bedrooms and first floor with 3 bedrooms. Large finished basement with possible in-law arrangement makes it a superb investment. Very desired rental and living neighborhood, with restaurants, parks and stores just steps away. large 30x125 ft. lot with 6 parking spats in the back. Large, well sized rooms with lots of windows and character makes this a wonderful home.

4034 N Monticello Avenue, Chicago

$709,000

7 Beds ⋅ 3 Baths ⋅ 12519117 MLS ⋅ CLOSED Status

Armchair investment opportunity! Well maintained Legal greystone 3 flat in great location within easy walking distance to trains, buses, restaurants, grocery stores, all on a quiet residential street. All separate utilities with GFA and central AC (2nd and 3d floors). Garden and first floor 2 bedroom units, top floor 3 bedrooms. Enclosed back decks perfect for office/den. In Unit laundry! 2 car garage plus easy street parking.

4640 N Saint Louis Avenue, Chicago

$665,000

5 Beds ⋅ 3 Baths ⋅ 12504149 MLS ⋅ CLOSED Status

****SHOWINGS & OH CANCELED, OFFER HAS BEEN ACCEPTED****. Fantastic investment opportunity in the heart of Albany Park! 2 Flat with a duplex down owner's unit. Turn key and absolutely ready for move in! This classic brick 2-flat offers two spacious units with modern updates and timeless Chicago charm. Unit 1 is a duplex down 3 bed 2 bath. The main level features a formal living room and sunroom, spacious dining room with an original built in hutch that has been perfectly restored. There are 2 bedrooms plus a den located on the main level, along with a full bath. The kitchen features custom cabinetry, stainless steel appliances that have all been replaced within the past 2 years, granite countertops, and a 2-tier island with butcher block work station. There are interior stairs to the finished lower level, which includes a 3rd bedroom, large family room, walk in closet, recessed lighting throughout, and another full bathroom with a standing shower. A full size laundry for this unit is conveniently located in the lower level adjacent to the living space. The lower level has a dedicated furnace, while the first and second floors have radiator heating. Unit 2 features 3 beds + den, and 1 full bath with hardwood floors throughout. There are formal living and dining rooms including a decorative fireplace, original hutch, and amazing natural light throughout the day. Newly renovated bath includes a standing shower with new tile and glass door, and in unit W/D. New kitchen with white shaker cabinets, granite countertops, and a den overlooking the garden which makes for a perfect home office or second dining area. The front and backyard have been extremely well maintained, and both include mature, perennial meadow gardens, creating a peaceful setting to relax. Conveniently located within close proximity of the River Front, Canoe Launch, Tennis Courts, North Park, Brown Line CTA, and a lively restaurant scene just a few blocks away.

5025 N Troy Street, Chicago

$785,000

7 Beds ⋅ 3 Baths ⋅ 12495167 MLS ⋅ CLOSED Status

Be captivated by this move-in ready, vacant prime Albany Park 3-flat-a rare investment opportunity! This renovated legal 3-flat is a true gem located on a charming tree-lined street in Albany Park, a vibrant neighborhood celebrated for its cultural diversity, thriving local dining scene, walkable streets, and convenient access to top-rated schools, parks, and public transit. Unit 1 and Unit 2 each offer three bedrooms, with the third bedroom providing flexible space perfect for a home office, nursery, or guest room. Unit 3 is a modern, oversized one-bedroom with versatile flex space that accommodates a spacious living room, dining area, additional storage, and a king-sized bedroom. The property includes 2022 appliances and in-unit washer/dryers in all three units, a 2023 tear-off roof, a 2025 concrete subfloor with vapor barrier in Unit 1, updated electrical and plumbing throughout, closed-cell attic insulation, new copper water service from the street replacing old lead lines, and a brand-new deck on the 3rd floor. Perfect for investors, owner-occupants seeking income, or multi-generational buyers, this rare legal 3-flat offers both modern updates and long-term appeal in a neighborhood where such opportunities are hard to secure-schedule your private tour today! Investor special with strong fundamentals. Total rental income of 7,150/month including garage (85,800 annually). Market-standard expenses of approximately $25,000 produce an NOI of about 60,800, supporting a 7.6 cap rate at the $799,000 list price and a GRM of 9.3. Conservative underwriting includes vacancy, management, and reserves for stability, with modest rent growth offering a pro forma cap rate near 8.5. Strong cash flow and attractive value compared to market averages.

4624 N Springfield Avenue, Chicago

$495,000

4 Beds ⋅ 2 Baths ⋅ 12484907 MLS ⋅ CLOSED Status

Irving Park 2 Flat. Great opportunity for a rehab or single family conversion. Large backyard, High ceiling in the basement and expandable attic. Plenty of restaurants nearby. Property is being sold AS-IS. Highest and best offers due Monday 10/6 at 6pm,

4027 N Troy Street, Chicago

$685,000

9 Beds ⋅ 3 Baths ⋅ 12449187 MLS ⋅ CLOSED Status

Incredible Opportunity to Own a jumbo 2-Flat in Albany Park! This oversized 2-flat offers the perfect mix of space, modern updates, and classic Chicago charm. Ideal for investors, house hackers, or multi-generational living, it features a finished attic with central A/C and a high-ceiling finished basement perfect for in-law or bonus space. Both units have spacious bedrooms and functional layouts. Recent updates include newer windows, two new boilers, and forced air heat throughout, with easy potential to add central A/C. The building has 3 gas and 3 electric meters for added flexibility. A 3-car garage and unbeatable location near the CTA Brown Line, Montrose bus, and local hotspots complete the package. Motivated seller, feel free to make an offer today.

4834 N Ridgeway Avenue, Chicago

$542,000

5 Beds ⋅ 2 Baths ⋅ 12436364 MLS ⋅ CLOSED Status

Well maintained vintage brick 2 flat in Irving Park. This property has separate heating systems for each unit, new roof was done in 2017 and tuckpointing has been maintained. 1st floor apartment is a 2 bedroom with separate living room and dining room with sun-room. 2nd floor apartment is a 3 bedroom with separate living and dining room. Second floor carpet was pulled up to reveal hardwood floors throughout. Original oak wood trim with crown moldings, rear porches and stair are enclosed. A little TLC will make this a great home or investment property. Steps to all the shops and restaurants in Irving park and short walk to Lincoln Square and Horner Park. laundry in basement. nice size fenced in yard with 2car garage. Sold As-is.

3338 W Cullom Avenue, Chicago

$850,000

6 Beds ⋅ 4 Baths ⋅ 12386212 MLS ⋅ CLOSED Status

Rarely Available Albany Park 3-flat investor building. All three units have five rooms including 2BR'S/1BA EACH. All are about 1050 square feet. All have decks with unit one having a 30x20 deck that everyone in the building uses for gatherings and parties and solace. Units one and two have long-term excellent tenants who just signed a new lease until June 2026. They both have a 60 day opt out clause if they want. The units are $1750-$1775 a month. Unit three is vacant and can get somewhere in the 2's for rent. There is a studio space on the ground floor that has a kitchen, living area and bathroom. There is a two car garage and a coin laundry with two washers and two dryers. Tremendous location seconds from Lawrence and Pulaski. Buses and the BLUE LINE are nearby as well as fun shops and good eats. ESTATE SALE. PROBATE SITUATION. ATTORNEY'S INVOLVED! BUYERS MUST BE PATIENT. No Showings Until 7.12.25-7.13.25. Per the administrator, I MUST HAVE PROOF OF FUNDS OR A PRE-APPROVAL LETTER IN MY HANDS BEFORE I SHOW THE BUILDING. NOT WHEN YOU MEET ME AT THE BUILDING, A DAY BEFORE. Being sold AS-IS WITH NO REQUESTS. DO NOT BOTHER THE TENANTS. DO NOT RING THE BUZZERS. ANY QUESTIONS, CALL PETER.

4720 N Springfield Avenue, Chicago

$629,000

4 Beds ⋅ 3 Baths ⋅ 12397089 MLS ⋅ CLOSED Status

Beautifully maintained all-brick 2-flat with a fully finished basement featuring an in-law arrangement. The enclosed and heated porch offers flexible use as a potential third bedroom. Recent updates include a brand new forced-air A/C system and a new roof. Separate electric meters for each unit. Buyers and their agents are encouraged to perform their own due diligence regarding the legality of the basement unit. Building is located in the pilot ADU (ADDITIONAL DWELLING UNIT) ELIGIBLE ZONE. Prime location close to public transportation and expressway access.

3247 W Berteau Avenue, Chicago

$820,000

8 Beds ⋅ 3 Baths ⋅ 12389897 MLS ⋅ CLOSED Status

LEGAL 3 FLAT in top Albany Park location! These three spacious units were all rehabbed in 2020, including: kitchens, bathrooms, new HVACS for all three units, new plumbing and new electric. Additional details include arched doorways, decorative fireplaces, beautiful hardwood floors and charming sun room areas overlooking the tree-lined street for Units 1 & 2. The updated garden unit has laminate flooring and a convenient separate entrance. Each tenant is responsible for their own electric, gas and heat. Unit #1 has new in-unit w/d, while a common laundry area is easily accessible in the basement for the other two units. There are 6 exterior parking spaces in the rear. Steps away from public transportation. A truly turn-key investment property! (Successful tax appeal, such that tax bill will decrease by $985.25, to be reflected in 2nd half bill)

4616 N Central Park Avenue, Chicago

$760,000

4 Beds ⋅ 3 Baths ⋅ 12374888 MLS ⋅ CLOSED Status

Fantastic opportunity to own a beautifully updated 2-flat in the highly sought-after Albany Park/Ravenswood Manor area! The building features a a bright 3-bedroom, 2-bath duplex-up owner's unit with a den, showcasing a thoughtfully updated kitchen with modern finishes, renovated bathrooms, and a flexible layout perfect for work-from-home or additional living space. The lower-level English garden apartment is a well-appointed 1-bedroom, 1-bath unit with its own updated kitchen and bath, currently generating $1,400/month in rental income-ideal for house hackers or investors looking to off set mortgage costs. This unique property offers the potential to convert into a large single-family home or continue as a smart investment property. Additional highlights include a charming and private backyard oasis, dedicated storage space, and a two-car garage with an incredible lofted area perfect for hobbies, storage, or a workshop. Located just a short walk to the Francisco Brown Line station, Horner Park with its scenic new riverwalk and seasonal farmers market, and surrounded by beloved local restaurants, cafes, and vibrant nightlife. Whether you're an owner-occupant, investor, or someone seeking a multigenerational setup, 4308 N Whipple delivers flexibility, function, and location all in one.

4308 N Whipple Street, Chicago

$610,000

6 Beds ⋅ 3 Baths ⋅ 12333234 MLS ⋅ CLOSED Status

Brick 2 flat building in the heart of Albany Park. This bright home is a fantastic investment opportunity for owner-occupants or savvy investors. Each unit has 2bed/1bath featuring a spacious, bright, and inviting living room, a formal dining room, and an amazing summer room overlooking a quiet street. The second-floor unit was fully rehabbed for a good income. The kitchen boasts bright white cabinetry, marble, and stainless-steel appliances. The bath is renewed with bright white vanity and subway tiles. The first floor is ready for you to customize to your needs. The fully finished basement to providing extra living space with two bedrooms, a family room, and an additional full bathroom and laundry with potential to duplex from first floor. Enjoy the lovely backyard on an oversized lot for summer entertainment. There is a detached two car garage plus a parking pad for 2 additional cars. This is a great building sold in as-is condition. Located close to the CTA brown line, Montrose bus taking you to the lake or the blue line, schools, restaurants, shops, and so much more. Schedule a showing today to see all that this wonderful neighborhood has to offer. Motivated seller, feel free to make an offer today.

4910 N Ridgeway Avenue, Chicago

$650,000

6 Beds ⋅ 3 Baths ⋅ 12355628 MLS ⋅ CLOSED Status

Exceptional opportunity to own a fully occupied, all-brick 3-flat in vibrant North Park/Albany Park. Nestled on a quiet tree-lined street, this well-maintained building features three spacious 2-bedroom units, each offering functional layouts, abundant natural light, and hardwood or vinyl plank flooring throughout. Rehabbed in 2019, all three units are thoughtfully updated with expansive living rooms, separate dining/kitchen areas, and generous bedroom sizes. Updated kitchens include white cabinetry, granite countertops, and stainless steel appliances in select units. Bathrooms are clean, modern, and move-in ready. Each unit has individual utilities, and common laundry with secure storage in the basement. Outside, enjoy a private backyard with a fenced-in green space and a 2-car garage. Prime location with easy access to Gompers Park, North Park University, Northeastern Illinois University, and CTA Brown Line. Ideal for investors or live-in owners looking for rental income in a rapidly appreciating area.

5145 N Springfield Avenue, Chicago

$795,000

7 Beds ⋅ 4 Baths ⋅ 12358266 MLS ⋅ CLOSED Status

Introducing 3330 West Hutchinson A Fabulous all brick legal three flat with unfinished partially above grade basement and a two car garage on a quiet tree-lined street. The property features beautifully landscaped front and back yards, along with the potential to rezone and add a fourth garden unit. It already has a separate entrance, individual meters, and the necessary plumbing, gas, and electric setups for a kitchen and bathroom or duplex down and create an owners unit. All the units have been updated in the last 2-3years and feature modern kitchens and baths and in unit laundry and central ac. Come see this great investment property before its gone

3330 W Hutchinson Street, Chicago

$500,000

5 Beds ⋅ 3 Baths ⋅ 12276581 MLS ⋅ CLOSED Status

First time on the market in 50 years! Wonderful and charming legal 2 flat unit with finished attic apt and detached 2 car garage. Owner updated both units within the last year including HVAC and water heaters. Owner lives in 2nd floor unit and family member lives in attic 1 bedroom. 1st floor is vacant.

4632 N Avers Avenue, Chicago

$520,000

4 Beds ⋅ 3 Baths ⋅ 12322234 MLS ⋅ CLOSED Status

Great opportunity to own a solid brick 2 flat in prime Albany Park location. 2 bedroom/1 bath units. The first floor unit was rehabbed with new floors just 6 years ago, windows, new kitchen and bath. In unit laundry. Roof just 3 years old, complete rebuild of porches and back stairs 6 years ago. New sewer under the porch. Boiler re-built in 2024. Non-conforming space in basement with full bath and partial kitchen. Lots of improvements but room for added value with more updates and higher rents. 2nd fl will be vacant at close, other tenants out no later than July 1.

4320 N Kimball Avenue, Chicago

$524,500

8 Beds ⋅ 4 Baths ⋅ 12320817 MLS ⋅ CLOSED Status

Wow!! Must see this beautiful brick 3 flat building in hot Albany Park neighborhood. 2 units with 3 bedrooms and garden unit with 2 bedrooms. Enclosed porch. Brick 2 car garage plus driveway for 2 or 3 cars. Boiler heating system. THE BUILDING NEEDS TLC, IS BEING SOLD AS IS CONDITION. Close to everything, just short walk from CTA brown line. Great investment opportunity. Don't let this one getaway.

4825 N Central Park Avenue, Chicago

$415,000

4 Beds ⋅ 2 Baths ⋅ 12319883 MLS ⋅ CLOSED Status

Check out this charming 2-flat in Albany Park, a perfect opportunity for either transforming it into your dream single-family home or keeping it as a lucrative income-producing investment. Featuring beautiful woodwork, including a built-in hutch and classic transom windows, this property showcases timeless craftsmanship. The hardwood floors throughout add warmth and character to every room. First floor features large living and dining rooms, two bedrooms, one bath, eat-in kitchen and enclosed rear porch. The second floor has a large living room, 2 good sized bedrooms, a full bath complete with clawfoot tub, eat-in kitchen and enclosed rear porch. The full, unfinished basement, with interior access, offers endless possibilities for expansion or storage. The large backyard and 2-car garage provide ample space for outdoor activities and parking. Plus, the home is ideally located near public transportation, parks, dining, and shopping. Don't miss this incredible opportunity to bring your vision to life!While the home has been lovingly lived in, as an estate sale we are selling "as-is".

4150 N Monticello Avenue, Chicago

$635,000

7 Beds ⋅ 4 Baths ⋅ 12287115 MLS ⋅ CLOSED Status

2 Flat with updated owner's unit! Unit 2 features 3 beds 1 bath with high quality finishes throughout including extra large formal living room and dining rooms, a custom built metal private balcony, hardwood floors, crown molding & recessed lighting throughout, and modern gas fireplace. The kitchen is separated by a custom glass french door. Open layout kitchen with granite countertops, large island, custom made cabinets, tile backsplash, and updated SS appliances. There is also a den directly off of the kitchen which makes a perfect work from home space. Updated bathroom with in unit laundry for added convenience. Unit 2 has central heat & central air with new furnace & AC installed in 2022. Unit 1 features 2 beds + den, and 1.5 baths with in unit laundry. Spacious layout very similar to 2nd floor with large living room w/ fireplace and dining room. Full bathroom with standing shower and in unit W/D, plus an additional half bath. Kitchen includes granite countertops and an island. Den located directly off the kitchen for additional storage or office. Unit 1 has radiator heating with brand new boiler installed in 2025. Basement includes 2 beds 1 bath and living room. Sold As-Is. Recent upgrades include tuckpointing (2020), all new windows in front and back of property (2021), 200 amp electrical panels, Unit 2 Furnace & AC (2022), new concrete sidewalks (2017), and Unit 2 fully cosmetically updated in 2020. Spacious backyard with concrete patio perfect for entertaining. Parking includes a 2 car garage plus 1 exterior gated parking space. Excellent location within close proximity to North Park University, Northeastern University, Northside Prep HS, Von Steuben HS, Brown Line CTA, just 1 block away from 28 acre River Park with running track, turf soccer field, tennis courts, and miles of park walking trails. Just a short distance from great restaurants in Lincoln Square.

5023 N Troy Street, Chicago

$795,000

11 Beds ⋅ 4 Baths ⋅ 12280868 MLS ⋅ CLOSED Status

This meticulously maintained large brick three-flat in the heart of Albany Park offers an exceptional investment opportunity. Each of the three incredibly spacious units features three bedrooms, along with a bonus tandem room that can be utilized as an office or a fourth bedroom. These units boast separate living and dining rooms, and as well as beautiful hardwood floors throughout. Additionally, a fully finished 2-bedroom, 1-bath in-law unit provides even more living space. Current rents are below market value, presenting significant potential for growth. Gas, electric, and heat are separately metered and paid for by the tenants, ensuring efficiency and ease of management. Each unit is equipped with its own central air conditioning and heating system for maximum tenant comfort. The building also offers up to six tandem parking spaces in the back. A coin-operated laundry room is conveniently available for tenants. Perfectly located near public transportation, including the Brown Line, local schools, parks, and shopping, this building offers both stability and strong growth potential-making it a truly outstanding investment opportunity.

4627 N Monticello Avenue, Chicago

$611,000

8 Beds ⋅ 3 Baths ⋅ 12269961 MLS ⋅ CLOSED Status

ALBANY PARK 2-FLAT PLUS ENGLISH GARDEN 2 BEDROOM, PERFECT FOR INVESTMENT OR A SAVVY LIVE-IN OWNER LOOKING TO "HOUSE HACK". 1ST & 2ND FLOOR BOTH FEATURE AN IDEAL SPACIOUS FLOOR PLAN WITH 3 BEDROOMS EACH & GENEROUS SIZED BEDROOMS, TONS OF NATURAL LIGHT HARDWOOD FLOORS, ORIGINAL CRAFTSMANSHIP WITH WOOD TRIM & SOLID WOOD DOORS. UPDATED KITCHEN & BATHS. FULL KITCHENS WITH DISHWASHERS & WOOD CABINETS THAT LEAD OUT TO ENCLOSED PORCHES. 1ST FLOOR WAS RECENTLY RENOVATED NEWLY REFINISHED CABINETS, NEW KITCHEN FLOORS & ALL NEW PAINT. GARDEN 2BED FEATURES AN IDEAL LAYOUT, HIGH CEILINGS, FULL WINDOWS, FULL KITCHEN WITH 4-PIECE SS APPL THAT OPENS TO THE LIVING ROOM. EXTENSIVE UPDATES TO PLUMBING, ELECTRICAL & HVAC. CENTRAL AC IN 1ST & 2ND FLOOR. COIN LAUNDRY IN THE BASEMENT, LARGE BACK YARD, 2 CAR GARAGE & ADDITIONAL OUTDOOR PARKING SPACE NEXT TO GARAGE. IDEAL LOCATION STEPS TO MONTROSE & BUS, WALK TO BROWN LINE CTA, SEVERAL GREAT RESTAURANTS & SHOPPING ON MONTROSE & KEDZIE AVE, EASY ACCESS TO 90/94. MULTIPLE OFFERS RECEIVED HIGHEST & BEST MONDAY 11AM. SOLD AS-IS ESCALATION CLAUSES WILL NOT BE CONSIDERED.

4436 N Saint Louis Avenue, Chicago

$429,000

6 Beds ⋅ 3 Baths ⋅ 12256166 MLS ⋅ CLOSED Status

Terrific Albany Park location 2 blocks to Kimball Brown line station. Legal 2 flat with finished basement. Two units with 2 bedrooms, 1 bath each plus in-law arrangement in the basement level with 2 bedroom areas, bath, and kitchenette. Exterior in great condition, siding in 2021, 2 car garage with cute courtyard. Interior needs a refresh. Newer boiler 2022 , 2 water heaters less than 4 years old each. Selling AS IS only. Front and back porch rooms on main level and back porch and stand up attic on the upper level. The possibilities are endless. Will need some electrical, 2 kitchens and 2 baths. Will need 30 days post closing possession. Owner occupied, no rent roll.

4717 N Bernard Street, Chicago

$535,000

4 Beds ⋅ 3 Baths ⋅ 12254910 MLS ⋅ CLOSED Status

Check out this stunning blonde brick 2-flat in the highly desirable Irving Park/Albany Park area! This solid, well-maintained property is situated in an amazing location, perfect for commuters and offering exceptional rental value-a true investment gem. Both units feature formal living and dining areas, creating a spacious and comfortable living environment. The full, partially finished basement provides exciting expansion possibilities, making this property a versatile option for a variety of needs. Don't miss this fantastic opportunity to own a prime piece of real estate in a sought-after neighborhood! sold AS-IS

3336 W Pensacola Avenue, Chicago

$356,000

8 Beds ⋅ 4 Baths ⋅ 12218515 MLS ⋅ CLOSED Status

*MULTIPLE OFFERS RECEIVED. Highest and best due 12/13/2024 11:59:00 PM Mountain Time.* ***Attention all investors*** Gain instant equity with this solid 2-flat in the heart of Albany Park. The property includes an additional in-law unit and 2-car garage. Prime location near bus routes and the Kimball & Kedzie Brown Line stations, with easy access to Theodore Roosevelt High School, restaurants, markets, and cafes. Sold As-Is. No survey provided. Property sold occupied, with no access prior to closing. Do not disturb occupants.

4500 N Saint Louis Avenue, Chicago

$223,000

4 Beds ⋅ 2 Baths ⋅ 12206437 MLS ⋅ CLOSED Status

This 2 Flat property is a fantastic investment opportunity for those looking to renovate and add value! Each unit offers 2 bedrooms, making it ideal for rental income or multi-generational living. Featuring a full basement and two-car garage, this property has plenty of space and potential to make it your own.

4357 S Whipple Street, Chicago

$235,500

6 Beds ⋅ 2 Baths ⋅ 12100905 MLS ⋅ CLOSED Status

Coming Soon... Calling all contractors! Who's looking for their next project? This 2 flat in Albany Park may be the perfect fit. Sold AS-IS.

4516 N Sawyer Avenue, Chicago

$640,000

8 Beds ⋅ 3 Baths ⋅ 12178907 MLS ⋅ CLOSED Status

Presenting this Fantastic Estate Sale in the well established Old Irving Park Neighborhood. This Jumbo, Traditional Chicago-yellow brick two-flat sits on an oversized 37.4 X 125.5 lot with a HUGE Brick Garage for 3 (or 4 cars, if parked in tandem). Lease garage spaces for additional income or turn space into a coach house (ADU). This is your end of Summer Must Have! The cost of doing business is everything when it comes to multi-family ownership. That is why we covered all the essentials; all units have separate heating & cooling. The 1s floor electricity is combined with basement, however, all units have separate gas. Add new meter to separate. If you've been debating whether to buy or not, this is your sign to DO IT! This property is perfect for those looking to live in a thriving community while tenants cover the mortgage. The first and Second floor units offer three very generous sized bedrooms, a separate dining room, an eat-in kitchen with space for a table and a very bright/spacious living room with decorative fireplaces. See floor-plans in photos. Free laundry in the basement, make more lucrative by adding coin operated laundry. Earn immediate income with significant potential for rental growth. Comparable rentals in the area continue to increase, signaling a healthy and sustainable rental market, this property is poised for long-term success. Our long term tenants are on a MTM agreement and have been issued moving notifications, however, the first floor unit is vacant, in case you need to occupy one unit or adjust rents to reflect Current Fair Market Values. All tenants are on MTM leases paying well below fair market rents. The 1st floor is vacant, the 2nd floor yields $1,800 and the basement yields $850 per month. (ARV) Comp is located at 4515 N Christiana, Unit 2 (MLS#:11977967). This 3bed/1bath apartment rented for $2,600 in 7 days. The ARV Comp for GARDEN unit is located at 3349 W Cuyler and rented for $1,795 (MLS#: 11856826). Making the estimated Annual ARV Rental Potential, $83,940. Please note: seller does not warrant the legality of the inlaw garden unit. COMPETITIVE ADVANTAGE: Tenants love our spacious bedrooms, the rear porches and stairs are enclosed and the detached Oversized Garage and spacious yard further enhance the appeal. This is an ideal opportunity for owner-occupants or investors looking to capitalize on a strong rental market with potential for rental growth and a stable tenant base. Pictured: Unit 1 has hardwood floors underneath tile. Unit 2 has a similar floor plan with hardwood floors. AC condensing units to 1st & 2nd floors are on the roof, and for the garden unit you'll find it on the South Side of the Building. The property has been in the family for many years and has been very well maintained but is being sold "as-is." Buy & hold for an immediate and low-maintenance return on your investment, bring your creativity and take advantage of multiple value-add opportunities, or simply move into one unit while your tenants pay down the mortgage on your amazing new home. The options for this one-of-a-kind property are truly endless! Conveniently located near the Blue Line and Metra, expressway, CTA, grocery, parks & dining. Solid building. Offers encouraged. Schedule your visit today and see why this property stands out as a great investment in a vibrant and sought-after neighborhood.

4221 N Saint Louis Avenue, Chicago

$490,000

2 Beds ⋅ 3 Baths ⋅ 11946841 MLS ⋅ CLOSED Status

Jumbo brick 2 flat located within walking distance from schools, shopping, park and public transportation Recently updated, an incredible opportunity in Chicago's vibrant Albany Park neighborhood! This charming property is for investors or owner-occupants seeking a home with excellent income potential. Features include: 2 units, each with 2bed/1bath featuring a spacious, bright, and inviting living room overlooking Eugene Field Park, a formal dining room, and an additional den or office off the bedroom. Enhancing the opportunity the full basement, with full bathroom, presents for additional living space make the basement a legal, (income-producing unit). The property also boasts enclosed back porch, a great backyard for outdoor enjoyment, and 2 car garage. Nearby amenities include parks and green spaces, easy access to public transportation including multiple CTA bus lines as well as to I-9

5116 N Avers Avenue, Chicago

$590,000

4 Beds ⋅ 2 Baths ⋅ 12157569 MLS ⋅ CLOSED Status

Welcome to your Albany Park investment! This turnkey 2-flat property offers two renovated units, each featuring 2 bedrooms, 1 bathroom, and in unit laundry. Fully gut rehabbed in 2020 with a new roof and siding in 2022, this property is move-in ready and perfect for living in one unit while renting out the other or as a solid investment. Enjoy the convenience of nearby shops and restaurants, and take advantage of the potential to improve below market rents and achieve a good cap rate. Full unfinished basement and two car garage provide ample storage space. Don't miss out on this opportunity!

4332 N Troy Street, Chicago

$598,000

6 Beds ⋅ 3 Baths ⋅ 12174353 MLS ⋅ CLOSED Status

Brick 2 flat building with a partially-finished basement in very good condition. 2 bedrooms, 1st floor with hardwood flooring, 2nd floor has 3 bedrooms and a full dining room, both units have summer rooms. Partially-finished basement remodeled 4 years ago with 1 bedroom, summer kitchen with granite countertop, full bath, and extra rooms. Separate laundry room. Great building but sold in as-is condition. Building owner occupied.

4430 N Drake Avenue, Chicago

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