Listing provided courtesy of Real People RealtyMREDMLS# 12668224MLS Provider
  • 25 days on site
  • 1 views

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.

Source: MRED, MLS#: 12668224

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  • Property Type
    Residential Income
  • Lot
    0.09 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 6066 N Albany Avenue


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/29/2026Source: MRED Status Change
Contingent
6/10/2026Source: MRED Status Change
Active
6/4/2026Source: MRED Added to Database
June 04, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022
6/20/2022Source: MRED Added to Database
January 27, 2022