Chicago, IL 60651,1002 N DRAKE Avenue
Chicago, IL 60651,1002 N DRAKE Avenue,Video Tour
Chicago, IL 60651,1002 N DRAKE Avenue
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24
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$565,000
Est. payment /mo
9 Beds

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12363230

Bedrooms 9

Year Built 1912

Annual Tax Amount $5,714

Tax Year 2023

Lot Dimensions 30X125

Property Sub-Type Two to Four Units

Property Description

Exceptional Investment Opportunity in Hot Humboldt Park! This solid, fully rehabbed legal 3-flat offers strong income potential and modern upgrades throughout. Each spacious unit features 3 full bedrooms and recently updated kitchens with stainless steel appliances including refrigerator, stove, microwave, and dishwasher. Units 1 and 2 are equipped with central air. Independent furnaces and water heaters ensure tenant comfort and easy utility management. The basement includes a shared coin-operated laundry room with two washer/dryer sets, additional tenant-controlled heating and air, and a dedicated storage area. A detached 2-car garage generates additional rental income of $260 a month. Total monthly rent roll = $4,802. Don't miss this turnkey property-sold AS IS-in one of Chicago's fastest-growing neighborhoods!

Location

State IL

County Cook

Zoning MULTI

Rooms

Basement None

Interior

Heating Natural Gas

Fireplace N

Exterior

Garage Spaces 2.0

View Y/N true

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://my.matterport.com/show/?m=P7y5y2hy2Bc


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Listed by German Llanos • 24 Hour Real Estate LLC

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agent

Doug Anderson

Designated Managing Broker

+1(847) 687-3424

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1002 N DRAKE Avenue