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$1,200,000

Est. payment - /mo

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13 Beds

8 Baths

3,920 Sqft Lot

Active

4734 N DRAKE AVE Chicago, IL 60625

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12418880

Bedrooms 13

Year Built 1927

Annual Tax Amount $16,311

Tax Year 2023

Lot Size 3,920 Sqft

Lot Dimensions 30 X 125

Property Sub-Type Two to Four Units

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.

Location

State IL

County Cook

Area Chi - Albany Park

Rooms

Basement Finished, Full, Daylight

Interior

Heating Steam

Fireplace N

Exterior

Garage Spaces 2.0

Community Features Gated, Sidewalks, Street Lights, Street Paved

Roof Type Flat

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Other

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

Elementary Schools Haugan Elementary School

Middle Schools Haugan Elementary School

High Schools Roosevelt High School

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://my.matterport.com/show/?m=9Nntka1xezu&mls=1

Listed by Ledio Samarxhiu • Real Broker LLC

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106