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2627 W Montgomery Ave, Chicago, IL, 60632

6beds
3baths
--sqft
$378,000
--price/sqft
$2,775/moest. monthly cost
$111,000/yrincome needed

About This Home

Don't miss this excellent opportunity to own a 3-unit property in the heart of Brighton Park! The building features a 2-bedroom, 1-bath unit on the first floor and a 2-bedroom, 1-bath unit on the second floor. Recent improvements include updated electrical work, a newer furnace, a newer hot water tank, and a renovated second-floor kitchen.The first-floor unit still needs finishing touches, great candidate for an FHA 203(k) Renovation Loan.Currently generating rental income of $1,400 per month, offering immediate cash flow.Additional features include a 2-car garage and a fantastic location just four houses from the neighborhood park and only a few blocks from Kelly High School. Enjoy convenient access to I-55, public transportation, shopping, restaurants, gyms, and other everyday amenities.

Getting Around

74
WalkingVery Walkable
59
TransitGood Transit
65
BikeBikeable

Schools

4/10
Shields Elementary SchoolGrades PK-40.1 mi
5/10
Shields Middle SchoolGrades 5-80.8 mi

Construction

Condition

  • Year built: 1917

Materials

  • Roof: Asphalt
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 3

Heating

  • Heating features: Natural Gas

Property

Details

  • Parcel number: 19012100790000
  • Special condition: None

Lot

  • Lot size: 0.25 Acres
  • Lot size dimensions: 50X125

Parking

  • Total spaces: 2
  • Parking features: Yes,Garage Owned,Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Inland Flooding
Winter Weather
Tsunami

FEMA Declared Disasters Across Illinois Counties

Flood
Other
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,911$22,932
Home Insurance *$190$2,280
Property Taxes $544$6,528
Electricity $130$1,569
Total$2,775$33,300
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$95,142/yr
40% on housing$83,250/yr
45% on housing$74,000/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.1%
15.1%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 60632$205
Cook County$225

vs Homes Sold Last Month

Median $/sqft

ZIP 60632$204
Cook County$219

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-31Price change$378,000
2026-07-19Listed for sale$383,000
2026-07-19Listing removed$385,000
2026-07-15Listed for sale$385,000
2026-07-07Contingent$385,000
2026-06-20Listed for sale$385,000
2021-04-19Sold$180,000

For Sale by Agent

AgentLuz Gutierrez Garcia
BrokerageRE/MAX LOYALTY

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