2501 N Mont Clare Avenue, Chicago, IL 60707

$849,900
  • 2501 N Mont Clare Avenue, Chicago, IL 60707 Main Photo

13 Photos

Active
BEDS8 BATHS5 full MLS#12774320
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

Property Description

Opportunity knocks with this spacious three-unit property on a desirable corner lot in Chicago's Mont Clare neighborhood, right on the cusp of Elmwood Park. The property features two generously sized 3-bedroom, 2-bathroom apartments, each offering approximately 1,600 square feet of living space, plus a separate 1-bedroom, 1-bathroom garden apartment. This unique layout provides exceptional flexibility for an owner-occupant, multigenerational household, or investor looking to maximize the property's income potential. The two spacious main apartments provide the feel and functionality of full-size homes, while the garden apartment offers an additional opportunity for rental income, extended family, or guests. All residents benefit from convenient parking, with a carport and a detached two-car garage offering additional parking and storage. Recent mechanical updates add to the property's appeal. Each unit has its own newer furnace and water heater, providing separate heating and hot-water systems, while a brand-new electrical panel adds another important update. The corner lot offers plenty of outdoor potential, with room beyond the two-car detached garage to create a private backyard oasis. With three separate living spaces, multiple parking options, separate mechanical systems, and substantial outdoor space, this property offers a rare combination of flexibility and income potential. Whether you're looking to live in one of the spacious apartments while generating rental income from the others, accommodate extended family, or add a versatile multi-unit property to your portfolio, this Mont Clare property offers space, flexibility, and multiple ways to make the property work for you. With its exceptional layout, multiple living spaces, parking, updates, and unbeatable transportation access, this is a property you won't want to miss-and it won't last long on the market!

2501 N Mont Clare Avenue | MLS# 12774320

This multi-family property located at 2501 N Mont Clare Avenue, Chicago, IL 60707 is currently listed for sale with an asking price of $849,900. N Mont Clare Avenue is located within the District 299 school district. Search Chicago real estate on www.bhhscrosby.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full, Walk-Out Access
Garage: 2
Heating: Natural Gas, Steam
Lot Size: less than .25 acre
Taxes: $8,240
Year Built: 1966

Feature Descriptions

Additional rooms: Utility Room-Lower Level
Additional Structures: Garage Faces Rear
Bath Features: Accessible Shower, Soaking Tub
Exterior: Brick
Lot Dimensions: less than .25 acre
Parcel#: 13303180210000
Parking: Yes, Detached, Alley Access, Garage Faces Rear, Other, Garage
Sewer: Public Sewer
Total Rooms: 7
Township: Jefferson
Water: Public

Local Schools

School District: District 299

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty
Agency Phone: 708-460-4900

IDX logo

Estimate Your Payment

Estimated Payment

$ 2,826.06 per month $1,891.51 Principal & Interest $686.67 Property Tax $247.89 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder