$350,000
Chicago, IL 60625
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.
Estimated monthly cost for this home
$2,635/mo
Estimate only, not a quote or offer of credit. Rate starts from today's market rate (6.76%, 2026-09-10). Taxes from the listing's MRED record. Talk to a lender for real numbers; a Subdiview agent can introduce you to a good one.
| Listed Sep 11, 2026 | $350,000 |
| 2023 property taxes | $8,578/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.
MRED Broker ReciprocityThis listing is part of the MRED data exchange program provided courtesy of Berkshire Hathaway HomeServices Chicago, listed by Danielle Dowell.
Information last updated Sep 11, 2026, 5:31 PM.
5037 Monticello Avenue
Chicago, IL 60625

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