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4734 N Drake Avenue

Chicago, IL 60625
  • $995,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 11945146
$995,000
  • 13
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1927
County:

School Information

Elementary School:
Middle School:
High School:
School District:
299

Description

Excellent investment in Albany Park! Well maintained Legal 4 Unit building with extra large units. Unit 1/Garden: 3 beds 2 baths and tall ceilings throughout. Units 2-4: 1550sqft units with 3-4 beds, 1.5-bath each. Apartments feature spacious kitchens, extra large living room & sun rooms. formal dining rooms, plus enclosed porch/den on each level. Owner's unit includes in unit washer dryer. 4 Year old steam boiler services units 1-3, while unit 4 has gas forced air. Property has 2 gas meters and 5 electric meters. Recent updates include new sidewalks, new skylight (2023), copper plumbing throughout, new carpet in Unit 3 with hardwood floors underneath. Seller is currently collecting $7700/month while occupying Unit 2. With all units rented, the projected rents will be $9800/month or $117,600 annually. Excellent Albany Park location within close proximity to Kimball Brown Line CTA, Von Steuben HS, North Park University, Northside College Prep, and more.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-02-21T23:58:14.453 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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4734 N Drake Avenue Chicago, IL 60625

  • Price: $995,000
  • Status: Active
  • On Site: 23 Days
  • MLS #: 11945146
13
Beds
0
Baths
0
½ Baths
0.09
Acres
1927
Built
Neighborhood:
Chi - Albany Park
County:
Cook
Area:
Chi - Albany Park
Elementary School:
Haugan Elementary School
Middle School:
Haugan Elementary School
High School:
Roosevelt High School
School District:
299
Property Description
Excellent investment in Albany Park! Well maintained Legal 4 Unit building with extra large units. Unit 1/Garden: 3 beds 2 baths and tall ceilings throughout. Units 2-4: 1550sqft units with 3-4 beds, 1.5-bath each. Apartments feature spacious kitchens, extra large living room & sun rooms. formal dining rooms, plus enclosed porch/den on each level. Owner's unit includes in unit washer dryer. 4 Year old steam boiler services units 1-3, while unit 4 has gas forced air. Property has 2 gas meters and 5 electric meters. Recent updates include new sidewalks, new skylight (2023), copper plumbing throughout, new carpet in Unit 3 with hardwood floors underneath. Seller is currently collecting $7700/month while occupying Unit 2. With all units rented, the projected rents will be $9800/month or $117,600 annually. Excellent Albany Park location within close proximity to Kimball Brown Line CTA, Von Steuben HS, North Park University, Northside College Prep, and more.
Exterior Features

Exterior Building Type Brick Exterior Features Deck Foundation Details Concrete Perimeter Garage Details Garage Door Opener(s) Garage Onsite Yes Garage Ownersite Owned Garage Type Detached Is Parking Included In Price Yes Lot Features Fenced YardSidewalks Lot Size Less Than .25 Acre Multi Family Type 4 Flat Other Structures Storage Parking Details GarageSpace/s Parking Features Off AlleyEnclosedSecured Parking Onsite Yes Parking Ownership Owned Parking Total 3 Roof Flat Waterfront YN No

Interior Features

Basement Finished Basement Bathrooms YN No Basement Details FullEnglish Bathroom Double SinkSoaking Tub Bedrooms Below Grade 0 Bedrooms Total 13 Full Baths In Building 5 Half Baths In Building 3 Heating Steam Room Type Sun Room Rooms Total 35

Property Features

Additional Parcels YN No Age 91-100 Years Built Before1978 YN Yes Community Features GatedSidewalksStreet LightsStreet Paved Corporate Limits Chicago General Information Commuter BusCommuter TrainInterstate Access Gross Income 92400 Mls Actual Status Re-activated New Construction YN No Other Additional Income Garage/sParking Space/s Ownership Fee Simple Rebuilt YN No Sewer Other Special Listing Conditions None Tax Annual Amount 15861.49 Tax Year 2022 Total Numberof Unitsin Building 4 Total Rental Income 92400 Township Jefferson Type Two to Four Units Water Source Lake Michigan

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Mon Ami Residential: 312-685-2316.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-02-21T23:58:14.453 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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4112C Fieldstone Road
Champaign IL, 61822