$499,999
$550,000 · just reduced
Chicago, IL 60647
Opportunity knocks where Logan Square borders Humboldt Park! This two-level, 5-bedroom, 3.5-bath single-family home sits on a generous double lot (125' x 50') and is being sold strictly as-is. The basement features its own bedroom and full bath, adding flexibility for in-law arrangements or additional living space. Noteworthy updates include a brand-new roof (2024), while the older furnace and overall condition leave room for your personal touch and investment. Whether you're an investor, developer, or visionary buyer, the possibilities here are hard to ignore: renovate and restore to its full glory, tear down and build a brand-new single-family masterpiece on this expansive double lot, or explore the potential for multi-unit development (buyer to verify with municipality). The location is where this property truly shines. Sitting on the border of Humboldt Park and Logan Square, you're just minutes from the energy of Wicker Park. This is a neighborhood in full momentum - surrounded by a wave of new cafes, restaurants, and two nearby shopping centers, all while maintaining the rich cultural character that makes this corridor one of Chicago's most exciting. Steps from the 606 Trail, blocks from the YMCA, close to the North Avenue bus, and convenient to the Blue Line, commuting and everyday living are effortless in every direction. Quick access to I-90/94 puts the entire city within easy reach, and you're centrally positioned near the vibrant festivals and cultural events that define the spirit of this community. Built in 1906, this home carries over a century of character. ready for its next chapter. Bring your vision and make this one yours.
Estimated monthly cost for this home
$2,967/mo
Estimate only, not a quote or offer of credit. Rate starts from today's market rate (6.65%, 2026-08-20). Taxes from the listing's MRED record. Talk to a lender for real numbers; a Subdiview agent can introduce you to a good one.
| Current price | $499,999▼ $50,001 from original |
| Listed May 20, 2026 | $550,000 |
| 2024 property taxes | $3,035/yr |
From the listing's MRED record. MRED does not publish per-change dates through IDX, so price changes are shown without one rather than guessed.
Assigned schools per the listing's MRED record. Always verify with the district before you buy.
Elementary
Stowe Elementary School
299
Middle
Stowe Elementary School
299
High school
Noble Street College Prep
299
MRED Broker ReciprocityThis listing is part of the MRED data exchange program provided courtesy of Compass, listed by Lufuno Russo.
Information last updated Aug 10, 2026, 5:06 AM.
1631 Monticello Avenue
Chicago, IL 60647

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Call 224-385-8779Sourced from the MRED MLS feed. Last updated when the listing was modified.