4340 N Drake Avenue
Chicago, IL, 60618
$499,000
5 Beds
3 Baths
0 SqFt
0 Acres
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$499,000
4340 N Drake Avenue
Chicago, IL, 60618
MLS #MRD12714074 image #0MLS #MRD12714074 image #1MLS #MRD12714074 image #2MLS #MRD12714074 image #3MLS #MRD12714074 image #4MLS #MRD12714074 image #5MLS #MRD12714074 image #6MLS #MRD12714074 image #7MLS #MRD12714074 image #8MLS #MRD12714074 image #9MLS #MRD12714074 image #10MLS #MRD12714074 image #11MLS #MRD12714074 image #12MLS #MRD12714074 image #13MLS #MRD12714074 image #14MLS #MRD12714074 image #15MLS #MRD12714074 image #16MLS #MRD12714074 image #17MLS #MRD12714074 image #18MLS #MRD12714074 image #19MLS #MRD12714074 image #20MLS #MRD12714074 image #21MLS #MRD12714074 image #22MLS #MRD12714074 image #23MLS #MRD12714074 image #24
** Multiple Offers. H & B Wed @ 7:00 pm**Super opportunity this 2-flat building with finished basement situated between Albany Park & Irving Park neighborhoods on the NW side of Chicago. It is a true value; an owner-occupied home + income or as a 2-3 units income investment. It can become a Single-Family conversion or total redevelopment. Either way this is a win win situation. The property offers two units 2bdr/1bth and the garden unit with 1bdr/1bth. Nice front yard and a beautiful flowery front porch for summer fun. An enclosed porch and 2 parking spaces in the back. Fenced yard and tons of security and privacy. Property sold “AS IS” but it has great bones and is waiting for your ideas. Located in amazing location: just steps from Montrose and blocks from Elston, within walking distance of Patrick Henry Elementary school, CTA busses & Kimball Brown Line and close to expressway. This building is in a very hot neighborhood where opportunities like this rarely arise!

Property Details

Price:
$499,000
MLS #:
MRD12714074
Status:
Active Under Contract
Beds:
5
Baths:
3
Type:
Multi Family
Neighborhood:
chiirvingpark
Listed Date:
Jul 23, 2026
Year Built:
1901
VictorianChi – Irving ParkChiirvingparkPatrick Henry Elementary School

Schools

School District:
299
Elementary School:
Patrick Henry Elementary School

Interior

Heating
Natural Gas, Forced Air, Steam

Exterior

Architectural Style
Victorian
Community Features
Sidewalks, Street Lights
Construction Materials
Vinyl Siding, Concrete
Parking Features
Off Alley, Yes
Parking Spots
2
Parking Total
2
Roof
Asphalt

Financial

Tax Year
2024
Taxes
$7,411
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Aug 09, 2026
1,423
Multi Family Listed
83
Avg DOM
$530,353
Avg List Price

Community

Subdivisions in Chicago

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Property Summary

    4340 N Drake Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60618. It is listed for $499,000 To schedule a showing of MLS#mrd12714074 at 4340 N Drake Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
4340 N Drake Avenue
Chicago, IL