4722 North Drake Avenue

Chicago, IL 60625

$699,900
Price
5
Beds
3
Baths
2,192 Sq. Ft.
$319 / Sq. Ft.
2,192
Sq. Ft.
$319
per Sq. Ft.

Description

Multiple Offers Received Highest & Best requested by May 9th at noon. Hard to find 2 flat armchair investment property just 5 mins to Brown line in hot Albany Park! Both bright, beautiful condo quality units were meticulously renovated in 2017. Gut rehabbed modern center island kitchens with 42'' white shaker cabinets, quartz counters, stainless steel appliances & subway tile backsplashes. Adorable gut rehabbed vintage style full hall baths in each unit. Both floors have have all their original architectural...Multiple Offers Received Highest & Best requested by May 9th at noon. Hard to find 2 flat armchair investment property just 5 mins to Brown line in hot Albany Park! Both bright, beautiful condo quality units were meticulously renovated in 2017. Gut rehabbed modern center island kitchens with 42'' white shaker cabinets, quartz counters, stainless steel appliances & subway tile backsplashes. Adorable gut rehabbed vintage style full hall baths in each unit. Both floors have have all their original architectural details intact: oak floors, doors, crown molding & built-in hutches. All units have separate utils & in-unit w/d, virtually no upkeep besides lawn care/snow removal and routine maintenance. Private back decks overlook fenced yard. All new plumbing, electric, HVAC, windows, tear off roof, siding, skylights, insulation in 2017. Close to Lincoln Square & 90/94. Extra wide 30' lot allows nice front + back yards. 3 car garage built at time of rehab allows one garage for each unit. Perfect investment in truly turn key condition. Massive attic with 7 skylights has duplex up potential for possible future owners unit. The ideal use for this building would be to duplex up and duplex down for two huge owners units or convert to SFH. (Full set of drawings are available for SFH conversion). Amazing restaurants within walking distance and awesome Gompers Park nearby which connects to N. Branch Trail. Owner is IL LIC RE Broker.
  1. Listed by Karl Vogel • @properties Christie's International Real Estate

Property Details for 4722 North Drake Avenue

Area
CHI - Albany Park
Township
Jefferson
Ownership
Fee Simple
Num Of Garage Spaces
3.0
Num Of Parking Spaces
3.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas
Architectural Style
Farmhouse

Location

Listing Courtesy of @properties Christie's International Real Estate
Add your commute
LISTING UPDATED: 05/17/2024 11:45 AM

Property Details for 4722 North Drake Avenue

StatusContingent
MLS #12043736
Days on Market16
Taxes$7,637 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1915
Lot Size0.08 AC / 3,484 SF
CountyCook County

Location

Listing Courtesy of @properties Christie's International Real Estate
Add your commute

Building Information for 4722 North Drake Avenue

Stories-Residences2Year Built1915Building Size-Lot Size0.08 AC / 3,484 SF

Payment Calculator

$4,456 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,820

Property Taxes

$636

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4722 North Drake Avenue

General Information
School Information
  • Elementary School District: 299
  • Elementary School: Haugan Elementary School
  • Jr High Middle School: Haugan Elementary School
  • High School District: 299
  • High School: Roosevelt High School
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Property Information
Interior Features
  • Num Of Rooms: 10
  • Bedrooms (Below Grade): 0
  • Basement Type: Full
  • Bedrooms Possible: 5
  • Basement Description: Finished
  • # Full Baths in Building: 3
  • # Half Baths in Building: 0
  • Num of Baths: 3.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • Exterior Property Features: Deck
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2017
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Description: Fenced Yard
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 30X125
  • Total # Units in Building: 2.0
  • Other Structures: None
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding, Frame
  • Roof Type: Asphalt
  • General Information: Commuter Bus,Commuter Train
  • North Coordinate: 4722
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 3500
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2024-05-06T17:44:31
  • Photos Count: 38
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $46,200.00
  • Insurance Expense: $1,525.00
  • Maintenance Expense: $2,106.00
  • Manager Expense: $.00
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Manager Expense Source: AC
  • Repairs-Decor Expense Source: Actual
  • Water Expense Source: Combination
  • Professional Management Expense: $.00
  • Water Sewer Expense: $1,256.00
Unit 1
  • Unit Type Actual Rent: $1,850.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 07/24
Unit 2
  • Unit Type Actual Rent: $2,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 05/25

Property History for 4722 North Drake Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4722 North Drake Avenue

Taxable ValueLand$10,500Additions$26,500Total$37,000
Tax Record2022$7,637 ($636 / month)
Home Facts
Baths2Total Finished SqFt2,090 SqFtAbove Grade Finished SqFt2,090 SqFtStories2Lot Size3,750 SqFtStyleMulti-Family Res (5+ Units)Year Built1913CountyCOOKAPN13-14-200-021

Schools near 4722 North Drake Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 6 to 8
Public - 9 to 12
Rating
School
Distance
Haugan Elementary School
PublicPK to 8

Roosevelt High School
Public9 to 12

ASPIRA Charter - Haugan Campus
Charter6 to 8

Von Steuben Metro Science High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of @properties Christie's International Real Estate

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 05/17/2024 11:45 AM. 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.