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2621 N Drake Avenue Chicago, IL 60647
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Key Details
Sold Price $722,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11964243
Sold Date 04/02/24
Style Victorian
Bedrooms 6
Year Built 1899
Annual Tax Amount $12,383
Tax Year 2022
Lot Dimensions 25 X 125
Property Description
Massive 2-flat on one of Logan Square's premier streets: beautiful tree-lined Drake! This home features two jumbo extra-long units each featuring three bedrooms and TWO full bathrooms - a rarity in Chicago! Another rarity: separate heating and cooling (central air!), plus in-unit laundry in both units. Tenants pay their own electric and gas, so minimal added cost to a landlord. Hardwood floors in living/dining/kitchen space in unit #1 and unit #2, plus newer carpet in all bedrooms. Very large and tall unfinished attic space with tons of potential for the right buyer to expand and create a beautiful duplex up. This home is perfect spot for a live-in owner to purchase a multi-unit home with income to offset the mortgage - and still get the ever-elusive two bathrooms before doing any work! Ideal open floor plans in both units, and two bathrooms have been updated (unit #1). Detached two car garage and yard space. Incredible location just a quick two block walk to cafes and restaurants on Fullerton, such as Park & Field, Dorothy's Bistro, Pan Artesanal and more! Three blocks east and you're at Longman & Eagle, Lula Cafe, Reno, and other Logan Square classics - plus the top-notch Logan Square Farmer's Market - right in the heart of the neighborhood. A really incredible building with rare features that is ready for your ideas. 25x125 lot, RS-3 zoning. Both units currently rented, unit #1 through 1/31/25, unit #2 through 5/31/24. Specific weekly showing windows to accommodate multiple tenant schedules.
Location
State IL
County Cook
Community Curbs, Sidewalks, Street Lights, Street Paved
Zoning MULTI
Rooms
Basement None
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Exterior Feature Deck, Storms/Screens
Garage Detached
Garage Spaces 2.0
Waterfront false
View Y/N true
Roof Type Asphalt
Building
Lot Description Fenced Yard
Sewer Public Sewer
Water Lake Michigan, Public
New Construction false
Schools
Elementary Schools Monroe Elementary School
Middle Schools Monroe Elementary School
High Schools Kelvyn Park High School
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Lisa Long-Brown • @properties Christie's International Real Estate