5037 N Monticello Avenue

Chicago, IL
$ 350,000 Beds 4 Baths 2.5 Sq 3,750
Monthly Estimate* How much can I afford?

Multiple Offers Received. A classic Chicago bungalow with extraordinary potential in a location that feels tucked away from the city. Situated on an oversized 3,750-square-foot lot, 5037 N Monticello offers a rare opportunity to thoughtfully reimagine a substantial Albany Park residence. The property requires a complete renovation, making it an ideal project for a buyer, developer or investor with the vision to restore its original character while creating a home designed for modern living. The setting is a major part of the appeal. Located on a dead-end block, the home is just steps from Eugene Field Park and the North Branch of the Chicago River. Albany Park is loved for its independent restaurants, international markets and strong neighborhood identity, with convenient access to the Kimball Brown Line, Ravenswood Manor and Lincoln Square. For a buyer prepared to take on a full rehab, 5037 N Monticello is a chance to bring new life to a traditional Chicago bungalow in a uniquely tucked-away location.

New

  • Price
  • $ 350,000
  • City
  • Chicago
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • COOK
  • Half Bathrooms
  • 1
  • Area
  • CHI - Albany Park
  • Lot Size
  • Zip
  • 60625
  • Sqr Footage
  • 3,750
  • Year Built
  • 1923
  • Taxes
  • $ 8578
  • Style
  • Bungalow
  • MLS#
  • 12756617
Listed By: Berkshire Hathaway HomeServices Chicago
Data Source: Midwest Real Estate Data (MRED)

Features

General

Living Area 3750
Sewer Public Sewer
Heating Radiator(s)
Cooling Central Air
Possession Closing
Roof Asphalt
Appliances Range,Dishwasher,Cooktop
Association Fee Includes None
Architectural Style Bungalow
Construction Materials Brick,Frame
Year Built 1923
Township Jefferson
Tax Year 2023
Ownership Fee Simple
Community Features Park,Sidewalks,Street Lights,Street Paved
Assoc Fee Paid Per Not Applicable
County Cook
New Construction No
Property Type Residential
Total Rooms 9
Full Baths 2
Status New
Directions Foster Ave to Monticello Ave,south to 5037
City Chicago
High School District 299
MLS Area CHI - Albany Park
Tax Annual Amount 8578
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Property Type Detached Single

Interior Features

Interior Amenities 1st Floor Bedroom,1st Floor Full Bath,Separate Dining Room,Paneling
Basement Unfinished,Full
Flooring Hardwood,Laminate,Wood
Half Baths 1
Laundry Features Main Level,Laundry Closet,Sink
Total Bedrooms 4
Room Type Den,Kitchen
LivingAreaSource Estimated
Total Baths 3
Bedrooms Possible 4

Exterior Features

Parking Features Concrete,Off Alley,Alley Access,Garage Faces Side,Yes,Owned
Water Source Lake Michigan
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 3750
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Elmwood Park, IL office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/11/2026 Listed $350,000

Property vs Zip Code Average in 60625

Price
AVG $1.1M
$350K
Taxes
AVG $17,041
$8,578
Year Built
AVG 1967
1923
Visits
AVG 41
21
Data Provided by Inside Real Estate®

Areas That We Cover

5037 N Monticello Avenue Chicago, IL is a Single Family Home for sale at $350000 with 3750 sqft and a lot size of Acre(s). 5037 N Monticello Avenue Chicago has 4 bedrooms, 2 baths and was built in 1923. The property's zip code is 60625 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.