4944 North Drake Avenue

Chicago, IL 60625

$799,900
Price
8
Beds
3
Baths
3,850 Sq. Ft.
$208 / Sq. Ft.
3,850
Sq. Ft.
$208
per Sq. Ft.

Description

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...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.

Listing Agents

  1. Amy Ruch

    Amy Ruch

    Alternative Listing Agent

    Compass

    amy.ruch@compass.com

    P: 815.441.4877

Property Details for 4944 North Drake Avenue

Area
CHI - Albany Park
Township
Jefferson
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Forced Air
Architectural Style
Other

Location

Add your commute
LISTING UPDATED: 05/14/2024 05:12 PM

Property Details for 4944 North Drake Avenue

StatusContingent
MLS #12049555
Days on Market5
Taxes$7,269 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1912
Lot Size0.08 AC / 3,484 SF
CountyCook County

Location

Add your commute

Building Information for 4944 North Drake Avenue

Stories-Residences2Year Built1912Building Size-Lot Size0.08 AC / 3,484 SF

Payment Calculator

$4,971 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,365

Property Taxes

$606

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4944 North Drake Avenue

General Information
School Information
  • Elementary School District: 299
  • Elementary School: Albany Park Multicultural Elemen
  • High School District: 299
  • High School: Von Steuben Metro Science Senior
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Property Information
Interior Features
  • Num Of Rooms: 16
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs, Gated, Sidewalks, Street Lights, Street Paved
  • Bath Amenities: Double Sink,European Shower
  • Basement Type: Full
  • Bedrooms Possible: 8
  • Basement Description: Finished, Exterior Access
  • # Full Baths in Building: 3
  • # Half Baths in Building: 0
  • Room Type: Foyer, Recreation Room, Utility Room-1st Floor, Utility Room-2nd Floor
  • Num of Baths: 3.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
  • Other Equipment: Ceiling Fan(s), Sump Pump
Property/Lot Information
  • Exterior Property Features: Porch
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2018
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Description: Fenced Yard
  • Lot Size: Oversized Chicago Lot
  • Lot Dimensions: 30 X 125
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Roof Type: Asphalt
  • Foundation Details: Concrete Perimeter
  • General Information: None
  • North Coordinate: 4900
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 3500
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Buyer Financing: Conventional
  • Public Document Count: 3
  • Document Date: 2024-05-09T13:41:24
  • Photos Count: 34
  • OpenHouse Count: 2
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Gross Income: $27,600.00
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 5
  • Unit Type Type: Unit 1
  • Lease Expiration Date: N/A
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: N/A

Property History for 4944 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 4944 North Drake Avenue

Taxable ValueLand$10,500Additions$28,136Total$38,636
Tax Record2022$7,975 ($665 / month)
Home Facts
Baths2Total Finished SqFt2,772 SqFtAbove Grade Finished SqFt2,772 SqFtStories2Lot Size3,750 SqFtStyleMulti-Family Res (5+ Units)Year Built1914CountyCOOKAPN13-11-416-020

Schools near 4944 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
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Volta Elementary School
PublicPK to 8

Roosevelt High School
Public9 to 12

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.

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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.

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 05/14/2024 05:12 PM. 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.