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8 Beds
0 Baths

$849,900

2501 N Mont Clare Avenue, Chicago IL, 60707

Built in1966
Property typeMulti-family

Overview

Active

Listed Oct 1, 2026

Updated 9h ago

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!

$5,654/mo

Est. mortgage payment based on a $849,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12774320
Available since
October 1, 2026

Interior Features

Bedrooms
8
Bathrooms
0
Basement
No

Other Property Details

Taxes
$8,240
Tax Frequency
Annually
Garage
Yes

 

Courtesy of Maureen Moran

Based on information from DASH - Coldwell Banker (CB) as of 10/14/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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Data last updated 2:43 PM UTC, 10/14/2026

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