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About the Listing 88522 - 884291
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: approximately 1,600 sq ft units with 3-4 beds and 1.5 baths each. Apartments feature spacious kitchens, extra-large living rooms & sunrooms, formal dining rooms in original layouts, plus enclosed porch/dens on each level. Owner's unit includes in-unit washer and dryer. A 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. Exterior includes brick 2 car garage plus 1 gated exterior parking space. Recent updates include new sidewalks, a new skylight (2023), copper plumbing throughout, new carpet in the hallways and Unit 3 with hardwood floors underneath, a replaced support beam in the garage, tuckpointing (2024), a new washer and refrigerator in Unit 2 (2025), and all windows have been caulked (2025). Seller is currently collecting $8760/month while occupying Unit 2 and a portion of the Garden. With all units rented, the projected rents will be $12160/month or $145,920 annually. Excellent Albany Park location within close proximity to Kimball Brown Line CTA, Von Steuben HS, North Park University, Northside College Prep, and more. View The 3D Tours Of Units 2 & 3.
Listing Highlights for 4734 N Drake Ave
Status
Active
Days on Site
114
Property Type
Multi-Family
MLS ®
12418880
Year Built
1927
Total Square Footage
0
Lot/Acreage
0.09
County
Cook
Area
CHI - Albany Park
School District
299
Elementary School
Haugan Elementary School
Middle School
Haugan Elementary School
High School
Roosevelt High School
Interior Details
- Bedrooms: 13
- Bathrooms: 8 Full
- Appliances:
- Air Cond:
- Heating: Steam
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished,Full,Daylight
- Other:
- Water: Lake Michigan
Exterior Details
- Garage Capacity: 2 car
- Parking Spaces: 3
- Lot Dimensions: 30 X 125
- Roof: Flat
- Others:
- Sewer: Other
- Parking Features: Garage Door Opener,Yes,Garage Owned,Detached,Off Alley,Enclosed,Secured,Owned,Garage
Financial Details
- Tax Amount: $16,311
- Taxes w/Assessments: N/A
- Tax/Property ID: 13142000170000
- Tax Year: 2023
Payment Calculator
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Listing Location
Questions About..
4734 N Drake Ave Chicago, IL 60625
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