$725,000
1938 N DRAKE Avenue
Chicago, IL, 60647
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.
Property Details
Price:
$725,000
MLS #:
MRD12278472
Status:
Active Under Contract
Beds:
5
Baths:
4
Address:
1938 N DRAKE Avenue
Type:
Multi Family
Neighborhood:
CHI – Logan Square
City:
Chicago
Listed Date:
Feb 11, 2025
State:
IL
ZIP:
60647
Year Built:
1886
Schools
School District:
299
Elementary School:
Funston Elementary School
Interior
Heating
Natural Gas, Forced Air
Exterior
Parking Spots
4
Roof
Asphalt
Financial
Tax Year
2023
Taxes
$6,498
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Similar Listings Nearby
- 2752 W Belmont Avenue
Chicago, IL$939,900
0.00 miles away
- 2709 W HADDON Avenue
Chicago, IL$939,000
0.00 miles away
- 507 E 60th Street
Chicago, IL$929,000
0.00 miles away
- 4933 S Wabash Avenue
Chicago, IL$929,000
0.00 miles away
- 438 E 49th Street
Chicago, IL$929,000
0.00 miles away
- 1521 N Bell Avenue
Chicago, IL$929,000
0.00 miles away
- 2446 W Thomas Street
Chicago, IL$925,000
0.00 miles away
- 339 W 23rd Place
Chicago, IL$925,000
0.00 miles away
- 1314 W Rosedale Avenue
Chicago, IL$925,000
0.00 miles away
- 851 W Oakdale Avenue
Chicago, IL$925,000
0.00 miles away

1938 N DRAKE Avenue
Chicago, IL
LIGHTBOX-IMAGES