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Mario Bilotas

mario@fourdaughtersrealestate.com +1(847) 910-5022

$ 700,000

Est. payment -/mo

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New

6066 N Albany AVE Chicago, IL 60659

6 Beds

3 Baths

3,920 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12668224

Style Traditional,Other

Bedrooms 6

Year Built 1927

Annual Tax Amount $9,073

Tax Year 2023

Lot Size 3,920 Sqft

Lot Dimensions 33x124

Property Sub-Type Two to Four Units

Property Description

Rare opportunity to own a beautifully updated solid brick 3-flat in the highly sought-after West Ridge neighborhood. This well-maintained income-producing property has been extensively renovated and offers the perfect combination of strong cash flow potential and long-term appreciation. Each unit is equipped with its own separate central HVAC system, providing comfort and convenience for tenants while minimizing owner expenses. Separate gas and electric meters are fully in place, making this a true turnkey investment. A recently replaced water heater adds additional peace of mind for the next owner. The property features a fully finished and beautifully remodeled basement completed in 2026, offering exceptional flexibility for additional living space, storage, or future income opportunities where permitted. The basement is currently vacant, creating immediate potential for owner occupancy or additional rental income. The upper units are currently occupied by month-to-month tenants, providing flexibility for both investors and owner-occupants. Continue generating rental income from day one or reposition the property to maximize future returns. Ideally located on a quiet residential street in West Ridge, this property offers easy access to public transportation, major thoroughfares, shopping, restaurants, parks, schools, and houses of worship. Conveniently situated near Peterson Avenue, Devon Avenue, Western Avenue, and Lincoln Avenue, with an easy commute to downtown Chicago and surrounding neighborhoods. Whether you are looking to expand your investment portfolio, house-hack, or own a beautifully renovated multi-unit property in one of Chicago's most established neighborhoods, this exceptional brick 3-flat is a must-see.

Location

State IL

County Cook

Area Chi - West Ridge

Zoning MULTI

Rooms

Basement Finished, Full

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Exterior Feature Other

Garage Spaces 2.0

Roof Type Flat

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Brick

New Construction false

Schools

Elementary Schools Dewitt Clinton Elementary School

Middle Schools Mather High School

High Schools Mather High School

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Long Hoang Nguyen of Real People Realty

Nearby School & Business

AFFORDABILITY CALCULATOR

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MY BLOGS

Vacant Land Scams are REAL

My Recent Experience with an Unauthorised Land Seller About 6 months ago, I received an email from (let's call him) Charlie. A "nothing out of the ordinary" email from a common (and mildly validating) charlie.....@hotmail stating: "I have owned the lot for many years, but a couple of years ago I moved from Illinois to California, and I would like to sell the lot. If you could please provide me with a market valuation, that would be great. We are looking to make a quick decision on this. Thank you, Charlie"

THE FRONT PORCH SWING

Oh, the memories. I remember my girls spending countless hours swinging front to back and side to side, hanging out with the neighborhood kids, splashing with the water hose, or crafting top-secret plans with their imaginations. It was awesome. How times have changed. With my two youngest girls slowly nearing college graduation and my older girls working hard in their careers, the days of simple life are taken over by group texts and long-distance daily check-ins. It's just not the same.

less is more, unless, it's for less.

Each day, I'd get my MLS home showing sheets ready, the electronic key card that opens lock-boxes, get dressed with minutes turning into seconds frantically starring at the time ticking away. All ready but just need to ...find ....one matching sock.

Contact Us

Phone

+1(847) 910-5022

mario@fourdaughtersrealestate.com

Address

205 W. Miner Street, Arlington Heights, IL, 60005, USA