Chicago, IL 60647,2432 N Drake Avenue
Chicago, IL 60647,2432 N Drake Avenue
Chicago, IL 60647,2432 N Drake Avenue
17
$785,890
$800,000
1.8%
Est.Price: ?

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8 BD

2432 N Drake Avenue Chicago, IL 60647

Est. payment /mo
SOLD DATE : 10/31/2023

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Key Details

Sold Price $785,890

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 11870330

Sold Date 10/31/23

Bedrooms 8

Year Built 1910

Annual Tax Amount $10,626

Tax Year 2021

Lot Dimensions 3375

Property Description

Hot Logan Square Legal 3 Unit building with $76,800 in current rental income with room to add value and increase income! Partially finished basement previously used as a 4th non-conforming garden unit. Perfect for investors or owner-occupants-current leases thru 6/30/24 (units 1 and 2) and 7/31/24 (unit 3), however all leases have kick-out clauses. Many updates have been done in last few years, including new back porch (2018), new landscaping (2018), new kitchen appliances in all units (2018), in-unit washer/dryer hookups + new machines added to each unit (2020), central heat and air with new furnaces and new air conditioners for each unit (2019-2022), bathrooms remodeled in each unit (2020-2022), new roof (2022), new siding (2023). 2 car garage with a nice yard. Great location with easy access to train and entertainment, vintage details, modern updates, and hardwood floors make this an attractive and easy rental for tenants. walkscore rates it a "walker's paradise" with a Walk Score of 93 and a "biker's paradise" with a Bike Score of 95. Schedule your showing--this one won't last long. Multiple offers received--please submit highest and best offer by midnight 9/13.

Location

State IL

County Cook

Rooms

Basement Full

Interior

Heating Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls

Fireplace N

Exterior

Garage Attached

Garage Spaces 2.0

Waterfront false

View Y/N true

Building

Foundation Block

Sewer Public Sewer

Water Lake Michigan, Public

New Construction false

Schools

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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Listed by Alan Beron • ChiReal LLC
Bought with Brian Aurelio • @properties Christie's International Real Estate

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Sharie Jackson

Realtor | License ID: 475.180534

+1(708) 231-8901

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