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820 N Monticello Ave
Multi-Family
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$725,000

820 N Monticello Ave, Chicago

39% below median
6 bd·3 ba·0 sqft
Built 19106,098 sqft lotWest Side

820 N Monticello Ave, Chicago, IL

6 bd · 3 ba · 0 sqft Multi-Family listed at $725,000, built in 1910 in the West Side neighborhood.

About this home

Discover a true value add opportunity right here in Humboldt Park. This is a legal 3-unit brick building paired with the separately-deeded and fenced lot next door at 822 N. Monticello Avenue. This property boasts a new oversized tandem parking garage and a full dormered loft.The garage and loft are spray foam insulated, making it the perfect all-weather additional living space. Unit layout, long-term income potential, and the lot means you are not just buying the building, 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 an additional lot. Schedule your viewing today.

Property details

Price
$725,000
Bedrooms
6
Bathrooms
3
Year built
1910
Lot size
6,098 sqft
Type
Multi-Family
Days on market
182
Est. property tax
$15,080/yr · $1,257/mo · 2.08% IL avg
Last sold
$35,000 · May 1994

Estimated monthly payment

Down payment20% ($145,000)
Interest rate6.75%
Principal & Interest$3,762
Property Tax$665
Insurance$150
Total$4,576/mo

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Price history

1.4%Most recent change on 2026-04-14: $735,000$725,000.

$821K$392K$-36K$35K on May 94 (Sold)$750K on Oct 25 (Initial list)$735K on Dec 25 (Price change)$725K on Apr 26 (Price change)
$35K · May 94$725K · Apr 26
  1. Apr 14, 2026$725,000Price change
  2. Dec 2, 2025$735,000Price change
  3. Oct 25, 2025$749,999Initial list price
  4. May 16, 1994$35,000Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 60651)

Median age is 34.4; 9% hold a bachelor's degree; 45% of homes are owner-occupied; median household income is $48,532.

Median income
$48,532
Median age
34.4
Owner-occupied
44.5%
Bachelor's degree
8.8%
Census median home value
$241,600

Source: US Census Bureau American Community Survey 5-year estimates.

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