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4944 N Drake Avenue Chicago, IL $ 799,900
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$ 799,900 Get more info
4944 N Drake Avenue
$ 799,900
Back to search
Share Save

4944 N Drake Avenue

Chicago, IL, 60625
$ 799,900
Bedrooms8 Baths3.0 Sq 3,850

Monthly Estimate*

$ 5,316

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Multi-Family Home for sale in Chicago, IL

for $799,900 with 8 bedrooms and 3 full baths. This 3,850 square foot home was built in 1912 on a lot size of 0.08.

Don't miss this fantastic turn key investment opportunity in Albany Park! This charming two-flat duplex offers great potential for investors or homeowners seeking rental income. The main level features two bedrooms and one bath along with an additional three bedrooms and one bath on the lower level. The upstairs unit offers three-bedrooms one-bath. This property is versatile and updated with modern finishes. Both units feature open-concept floorplans with white kitchens, quartz counters, subway tile backsplashes, and stainless-steel appliances. Additional features include an in-unit washer/dryer in both units, hardwood floors, Nest thermostats, and central heat/air. Come home to the tranquil backyard and patio with a custom-built in grill for outdoor entertaining. Conveniently located near the River path and Kimball Brown Line. Property is Broker owned.

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Multi-Family Contingent

Price

$ 799,900

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 7,268

Style

Lot Size

0.08

Year Built

1912

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12049555
Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Roof Asphalt
Exterior Features Porch
Zoning MULTI
Garage Spaces 2
Architectural Style Other
Year Built 1912
Township Jefferson
Tax Year 2022
Percent Ownership Fee Simple
Gross Income 27600
Community Features Curbs Gated Sidewalks Street Lights Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 16
Status Contingent
Directions LAWRENCE WEST TO DRAKE NORTH TO PROPERTY
High School Von Steuben Metro Science Senior
City Chicago
High School District 299
MLS Area CHI - Albany Park
Waterfront Y/N N
Street Name Drake
Elementary School Albany Park Multicultural Elemen
Tax Annual Amount 7268.98
Days on Market 6
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Full Finished Exterior Access
Street Suffix Avenue
Total Bedrooms 8
Room Type Foyer Recreation Room Utility Room-1st Floor Utility Room-2nd Floor
Total Baths 3
Bedrooms Possible 8
Bathrooom Double Sink European Shower
Full Baths Building 3
Half Baths Building 0
Total Number of Units 2
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Exterior
Lot Features Fenced Yard
Water Source Public
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 30 X 125
Lot Size Acres 0.08
Other Equipment Ceiling Fan(s) Sump Pump
Garage Onsite Yes
Garage Type Detached
Garage Ownership Owned
Exterior Brick
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* Excluded Features
List By
Compass

Broker

brian.pistorius@compass.com

Email

Affordability Calculator

$5,922
Per Month
90%
10%
0%
Monthly Principal & Interest
$5,316
Monthly Property Taxes
$606
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4590432 Elementary School
566846 Middle School
Von Steuben Metro Science Senior High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/9/2024$799,900 Listed Price

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4944 N Drake Avenue, Chicago, IL, 60625 is a Multi-Family Home for sale at $799,900 with 3,850 sqft and a lot size of 0.08. 4944 N Drake Avenue has 8 bedrooms, 3.0 baths, and was built in 1912. The property's zip code is 60625 which is in Chicago, IL

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