1938 N DRAKE AVE new

Chicago,IL 60647

$ 725000

6 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12278472

Bedrooms 6

Year Built 1886

Annual Tax Amount $6,498

Tax Year 2023

Lot Dimensions 25 X 177

Property Description

Recently remodeled frame 2-flat on an extra long lot in a great Logan Square location. This versatile property has two extra finished spaces which allow for amazing cash flow opportunities. 1st and 2nd floors are 3 bedroom, 2 bathroom apartments. Great room sizes and layouts make these very appealing to renters. Apartments feature newer kitchens with stainless steel appliances, attractive bathrooms, and each have a washer/dryer. The basement is an in-law apartment with 2 bedrooms and 1 bathroom. The attic is an amazing extra space; with 1 bedroom and 1 bathroom it could be an amazing duplex opportunity, or a future income apartment. The building has had Mechanical, Electrical and Plumbing updates. 25 x 177 lot is 50+ feet longer than an average Chicago lot. This makes for a huge yard and a ton of parking options. Current configuration is a long parking pad for 4 cars, but this could be great for a large garage or a future ADU. Great location just off of Armitage Ave. Walk to the 606, and many restaurants and bars along Armitage in Logan Square.

Location

State IL

County Cook

Area Chi - Logan Square

Zoning MULTI

Rooms

Basement Full

Interior

Heating Natural Gas,Forced Air

Fireplace N

Exterior

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Sewer Public Sewer

Water Public

New Construction false

Schools

Elementary Schools Funston Elementary School

School District 299 ,299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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