2416 N Rutherford Ave Chicago, IL 60707
Montclare NeighborhoodEstimated payment $2,820/month
About This Home
Exceptional investment opportunity in the sought-after Montclare neighborhood! This well-maintained legal two-unit building offers the perfect combination of income potential, flexible living arrangements, and long-term value. The first-floor unit features 2 bedrooms and 1 full bathroom and is duplexed to a finished lower level, creating an expansive living space complete with an additional bedroom, full bathroom, and versatile recreation area ideal for extended family living, a home office, or additional entertaining space. The second-floor unit offers a bright and spacious 2-bedroom, 1-bathroom layout, providing an excellent opportunity for rental income or owner-occupancy. Situated on an oversized, extra-wide lot, the property also includes a detached 2-car garage with the potential to add additional exterior parking alongside the garage, a highly desirable feature for both owners and tenants. Ideally located with convenient access to shopping, dining, schools, parks, and public transportation. Commuters will appreciate the close proximity to Metra and CTA transportation options, as well as easy access to I-90/94 and O'Hare International Airport. Nearby amenities include Shabbona Park, Ridgemoor Country Club, Brickyard Shopping Center, and a variety of neighborhood restaurants, grocery stores, and everyday conveniences. Whether you're an investor seeking a strong income-producing asset or an owner-occupant looking for some rental income, this exceptional property offers outstanding versatility, functionality, and lasting value. A rare opportunity in a prime location-schedule your private showing today.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,648
Year Built
- Built in 1918
Parking
- 2 Car Detached Garage
- Parking Available
Home Design
- Stucco
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 3 Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 2 Units
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,856 | $35,000 | $17,997 | $17,003 |
| 2024 | $3,856 | $35,000 | $17,997 | $17,003 |
| 2023 | $3,737 | $25,000 | $12,879 | $12,121 |
| 2022 | $3,737 | $25,000 | $12,879 | $12,121 |
| 2021 | $3,581 | $25,000 | $12,880 | $12,120 |
| 2020 | $4,249 | $22,163 | $7,402 | $14,761 |
| 2019 | $4,432 | $25,475 | $7,402 | $18,073 |
| 2018 | $4,356 | $25,475 | $7,402 | $18,073 |
| 2017 | $5,430 | $28,587 | $6,514 | $22,073 |
| 2016 | $5,228 | $28,587 | $6,514 | $22,073 |
| 2015 | $4,761 | $28,587 | $6,514 | $22,073 |
| 2014 | $3,905 | $23,599 | $5,922 | $17,677 |
| 2013 | $3,817 | $23,599 | $5,922 | $17,677 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/09/2026 07/09/26 | Pending | -- | -- | -- |
| 06/25/2026 06/25/26 | For Sale | $457,900 | -- | -- |
About the Listing Agent
With over 30 years of combined experience, our real estate team proudly serves the Chicagoland area. Whether you’re a first-time homebuyer searching for the perfect starter home or an experienced investor looking to expand your portfolio, we are here to guide you every step of the way.
Our deep knowledge of Chicago’s diverse neighborhoods, market trends, and investment opportunities allows us to deliver personalized solutions that fit your unique needs. We pride ourselves on building
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Ask me questions while you tour the home.