View All Albany Park Chicago IL Multi-Family Homes Listings

$874,900
6 Beds 4 Baths 12739803 MLS NEW Status
Rare opportunity to own a beautifully maintained brick two-flat in highly desirable East Irving Park, just steps from Horner Park. With one apartment currently vacant, this property presents an exceptional opportunity for an owner-occupant, house hacker, or investor looking for a substantially updated building with many of the major capital improvements already completed. Extensive improvements completed in 2022-2023 include a new roof layer, individual Navien tankless water heaters, new furnaces and A/C condensers, new electrical panels, stainless steel appliances in both apartments, and individual in-unit washers and dryers-providing a future owner with the residual value of significant recent investment and the potential for years of lower-maintenance ownership. Both spacious, west-facing apartments feature 3 bedrooms and 1 bathroom including formal dining rooms, along with updated kitchens showcasing both white and espresso cabinetry, quartz countertops and stainless-steel appliances. Additional improvements include updated bathrooms and lighting fixtures. Each residence also offers an additional east-facing rear den-an ideal home office, reading room or flex space that enjoys abundant morning sunlight. The lower level provides even more versatility with an existing in-law suite complete with its own bathroom, creating valuable additional space for extended family, guests, a home office, recreation or other permitted uses. Unit 1 also offers the possibility of of creating a duplex-down to add additional living space. Another feature that truly distinguishes this property is its extra-wide 32-foot lot, offering additional parking, greater outdoor space and flexibility than a typical Chicago two-flat. The wider lot may also provide intriguing possibilities for future expansion or potential conversion/legalization of lower-level space as an ADU, subject to City of Chicago zoning, building-code requirements, permits and approvals. And then there's the location. Approximately a 4-minute walk from the front door is Horner Park, one of the North Side's premier recreational destinations, encompassing more than 55 acres along the Chicago River. Enjoy paved walking and running paths, tennis and pickleball courts, softball fields, soccer and football fields, a fenced dog park, playgrounds and a fieldhouse offering additional recreational activities. The building is also strategically located just 15 mins walk from the Francisco Brown line stop making it an ideal choice for downtown commuters, and also within close proximity to the heart of Lincoln Square. Whether you're searching for a home with rental income, a multi-generational living arrangement, or a long-term investment in one of Chicago's established North Side neighborhoods, this East Irving Park two-flat combines space, location, extensive recent improvements and future potential in one compelling package.

4111 N Francisco 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

$674,999
9 Beds 3 Baths 12713376 MLS CONTINGENT Status
This brick multi-unit building in Albany Park is a rare house-hacker and investor opportunity, with 3 spacious 3-bedroom units, a fully finished lower level, and recent big-ticket upgrades already done. These large 3 bedroom units, each with a primary bedroom, formal dining, sunlit living room, and a bright sun room. Market rent runs approximately $2,300 to $2,600 per unit. Expansive finished lower level with its own kitchen and full bath, perfect for extended-family living, a private guest suite, or generous owner space. NEW building roof and NEW garage roof, so the major capital expenses are already handled. Detached garage plus an additional parking pad, opening the door to extra parking rental income. On-site coin-operated laundry for another stream of supplemental revenue. ADU upside: Zoned multi-unit residential, where Chicago's permanent Additional Dwelling Unit ordinance (effective April 2026) now permits ADUs by-right. Buyers may have a path to explore legalizing additional living space as a conforming ADU, adding a potential third income stream. Buyer to verify ADU eligibility and approvals with the City of Chicago Steps to the CTA Brown Line, Kedzie and Lawrence dining and shopping, Ronan Park, and the Chicago River trail, with fast access to downtown and the expressways. Albany Park is one of the city's most in-demand rental corridors, and tenants want to be here. Live in one unit, rent the others, and let parking and laundry pad your bottom line. Whether you are building generational wealth, buying your first investment, or growing a portfolio, this is the kind of Albany Park building that does not last. Schedule your private showing today.

4918 N Monticello Avenue, Chicago

$792,000
8 Beds 3 Baths 12667184 MLS CLOSED Status
Legal 3 unit solid brick building in Ravenswood that features 8 bedrooms, 3 bathrooms, and a detached 2 car brick garage. All units are currently tenants occupied. The first and second floor units are about 1,425 sq feet with 3 large bedrooms. Modern features mixed with vintage details make them welcoming homes. The massive living room has a bonus front sunroom surrounded by windows on three sides and original stained-glass windows, the formal dining room has beamed ceilings with north and south windows, and enclosed sunroom/office bonus room in the back of the house. The upgraded kitchens feature SS appliances, granite countertops, and ample cabinetry for storage. The top floor has central HVAC and is leased through 5/31/27. The first floor is leased through 3/31/27. This unit (first floor) has boiler heat. The garden unit has long term tenants, it's about 800 sq feet and features 2 bedrooms and 1 bathroom. It's rented through 5/31/27. The exterior of the home features spacious private patio with brick pavers that leads to a gorgeous backyard oasis. The basement features additional storage with coin operated laundry (not owned), 1 hot water heater for the building as well as the boiler for unit G and unit 1. Located in a desirable neighborhood, this home is situated with easy access to public transportation and local restaurants. Located 1.5 blocks from the brown line, short walk to many great restaurants, Starbucks, rivers, parks, shopping and more!

3130 W Wilson Avenue, Chicago

$895,100
6 Beds 3 Baths 12680714 MLS CLOSED Status
Beautiful 3-Level Home with Flexible In-Law Rare and spacious 3-level home offering approximately 2,712 sq. ft. of measured interior living space plus extensive outdoor living areas, bringing the overall usable living and entertainment space to over 3,000 sq. ft. including the decks, balcony, and patio areas. This versatile property features an owner's duplex with 4 bedrooms and 2 full bathrooms, plus a finished lower-level 2 bedroom / 1 full bathroom garden/in-law arrangement with its own kitchen, living room, dining area, laundry, and storage. Perfect for an owneroccupant, extended family, multi-generational living, guest space, home office setup, or potential rental income. The layout offers excellent flexibility and can also be easily enjoyed as a large single-family home. The home offers strong curb appeal, a fenced and landscaped yard, private balcony, large rear deck, covered patio below the deck, and an additional yard patio-creating multiple outdoor spaces for relaxing, entertaining, gardening, or family gatherings. Excellent location near parks, restaurants, shopping, public transportation, and everything the Albany Park / Irving Park / 60618 area has to offer. A rare opportunity for buyers seeking space, flexibility, outdoor areas, and long-term value in the city. Buyer to verify zoning, legal use, room count, square footage, and all MLS information. * Approx. 2,712 sq. ft. measured interior living space * Over 3,000 sq. ft. of total usable living/entertaining space when including decks, balcony, and patio areas * 6 bedrooms / 3 full bathrooms total * Owner's duplex: 4 bedrooms / 2 bathrooms * Lower-level garden/in-law arrangement: 2 bedrooms / 1 bathroom * Private balcony, large rear deck, covered patio, additional yard patio * Fenced landscaped yard * Great for owner-occupant, extended family, in-law use, guests, home office, or potential rental income

4035 N Albany 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

$700,000
7 Beds 3 Baths 12646995 MLS CLOSED Status
MULTIPLE OFFERS RECEIVED. HIGHEST & BEST DUE TUESDAY, 5/19 AT 7PM. Ideally situated on an an oversized lot on a quiet tree-lined street in coveted Albany Park, this beautiful and meticulously maintained, legal 3-unit property offers a rare combination of location, flexible occupancy, and significant upside potential. Pride of ownership is evident throughout; the current owner recently updated the siding, windows, and kitchens, replaced several mechanical systems, and performs regular routine maintenance and inspections to keep the property in great shape. The first-floor is a sun-drenched 2-bedroom, 1-bathroom English garden unit featuring a living room with full-size windows, a bathroom with a large linen closet, an eat-in kitchen with a mosaic backsplash and a large walk-in pantry/storage closet. The second floor features a larger 2-bedroom, 1-bathroom unit with hardwood floors, an inviting foyer, a living room with beautiful bay windows, a spacious dining room with a decorative fireplace, an updated bathroom with a linen closet, and an eat-in kitchen with a tile backsplash, updated appliances, and an oversized walk-in pantry. The third-floor is finished similarly but offers 3 full bedrooms and 1 bathroom. Units 2 & 3 both have large enclosed porches for great additional storage. A full, partially finished attic provides even more storage and the potential to duplex-up and create an expansive owner's unit. Gas-forced heat and central air in all units! Additional highlights include a two-car garage, a shared laundry room, and a spacious, beautifully landscaped fenced-in yard, offering great outdoor space for relaxing, al fresco dining, or entertaining. Incredible location just two blocks from the Brown Line, Starbucks, and walkable to many great parks, cafes, and eateries. With its strong rental appeal, numerous updates, and the potential to duplex-up into a luxurious owner's unit, this property is ideal for buyers seeking an income-producing asset in a rapidly appreciating neighborhood or those looking to build equity while offsetting their monthly housing costs. Fantastic opportunity for investors and owner-occupants alike!

4535 N Spaulding Avenue, Chicago

$550,000
3 Beds 2 Baths 12634889 MLS CLOSED Status
This well-maintained two-unit property offers a fantastic opportunity for both owner-occupants and investors alike. The solid, sturdy building features a newer two-car garage and a full, unfinished basement with convenient laundry access, providing ample storage and future potential. The first-floor unit boasts a spacious layout with two comfortable bedrooms, a bright living room, a functional kitchen, and an exceptionally large dining room-ideal for entertaining or flexible use. Additional living space is provided by both enclosed front and rear porches, perfect for relaxing or expanding your living area. The second-floor unit includes one bedroom, a cozy living room, and a full kitchen, offering a practical and inviting layout. Both units include full bathrooms. Step outside to enjoy a large desk and a fully operational pool, a rare and desirable feature that enhances outdoor living. Situated in a prime location, this property is close to schools, parks, and everyday conveniences. Whether you're looking to live in one unit while updating the property or fully renovate and maximize rental income, this is a versatile investment with strong upside potential. SOLD AS-IS Tenant will be out before sale. Pool will be set up for use in the next two weeks, or as soon as it is warm enough, Windows 2008, Roof 2003, Garage 2013, Deck 2008 (needs paint), Leaf Guard 2023, HVAC 2006 All in fine working condition.

4131 N Richmond 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

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Albany Park, Chicago IL · Curated MLS Search

Multi-Family Homes in Albany Park, Chicago IL

An editorially curated view of every active multi-family homes listing in Albany Park, Chicago IL. Updated in real time from the local MLS, presented without the noise.

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