1940 Monticello Avenue, Logan Square, Chicago, Illinois 60647


$830,000

For Sale
Status: Active
Sqft: 0
Cost/Sqft:
Beds: 8
Baths: 0
Year Built: 1912
Property Taxes: $7,980
Days On Market: 15
Lot Size: 0,00
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Street View

Description

Welcome to 1940 N Monticello Ave - a beautifully renovated legal 2-flat with a non-conforming garden unit, located just steps from the 606 Bloomingdale Trail and all that Logan Square has to offer. This property is the perfect blend of vintage charm and modern convenience, featuring comprehensive updates from top to bottom. Each unit boasts stylish finishes, updated plumbing and electrical, newer windows, and three modern kitchens with stainless steel appliances. The building offers 4 updated bathrooms, a newer roof (2022 overlay), exterior wall insulation, and updated mechanicals, including a new furnace and condenser for the first floor unit, plus two mini splits for the garden unit. The 2nd floor unit has 4 beds/2 baths and is currently vacant but was previously rented for $2700/mo, while the 2 bed/1 bath garden unit brings in $2,000/month as a fully furnished rental (mid-term rental leased through August), providing excellent income from day one. The spacious 2 bed/1 bath first-floor unit is currently owner-occupied and can be delivered vacant, making it ideal for house hacking or increasing your rental income potential. Additional features include a 2-car garage, carport, and a prime location close to parks, restaurants, cafes, and public transportation. Whether you're a seasoned investor or a first-time buyer looking to live in one unit and rent out the others, this property offers flexibility, stability, and long-term value in one of Chicago's most sought-after neighborhoods.

Property Specifics

Multi-unit
1912
No
Cook
— / —
12454278
13353050240000

Property History

DATE: EVENT: PRICE: SOURCE:
29 Apr, 2022 Sold $765,000 MRED MLS
28 Mar, 2022 Under contract $750,000 MRED MLS
19 Mar, 2022 Listed for sale $750,000 MRED MLS
24 Aug, 2025 Listed for sale $830,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Seventh Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Eighth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 4
Partial Bathrooms: —
Bathroom Amenities: Separate Shower
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

2
125X30
Not in DB

Tax History

Year Property Taxes
2022 $4,319
2025 $7,980

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Listing Provided By

eXp Realty