IL
Cook
Chicago
60625
4734 N DRAKE Avenue
4734 N DRAKE Avenue, Chicago, IL 60625
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Listing Type
Multi Family
Listing Status
active
51
$1,200,000

Home Details for 4734 N DRAKE Avenue

Price
$1,200,000
Type
Residential Income
Bedrooms
13
Bathrooms
8.0
Square feet
NaN
Year built
1927
Lot size acres
0.09
County
Cook
Total rooms
35
Garage
2
Basement
Finished, Full, Daylight
Days on site
64
MLS Listing#
12418880
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: 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.

Property Features
  • Parking
    • Garage Door Opener
    • On Site
    • Detached
    • Enclosed
    • Secured
    • Garage
  • Basement
    • Finished
    • Full
    • Daylight
  • Heating Information
    • Steam
School Information
School Information for 4734 N DRAKE Avenue, Chicago, IL 60625
Elementary School
Haugan Elementary School
Middle School
Haugan Elementary School
High School
Roosevelt High School
Listing Courtesy: Real Broker LLC - 217-960-8605
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-09-03 20:55:29. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Last Updated: 2025-09-03 20:55:29
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EXIT GRACE REALTY
2945 N. Milwaukee Ave. Ste B, Chicago, IL 60618
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