$699,900
4722 N Drake Avenue
Chicago, IL, 60625
**Multiple Offers Received** Highest & Best requested by May 9th at noon.** Hard to find 2 flat armchair investment property just 5 mins to Brown line in hot Albany Park! Both bright, beautiful condo quality units were meticulously renovated in 2017. Gut rehabbed modern center island kitchens with 42” white shaker cabinets, quartz counters, stainless steel appliances & subway tile backsplashes. Adorable gut rehabbed vintage style full hall baths in each unit. Both floors have have all their original architectural details intact: oak floors, doors, crown molding & built-in hutches. All units have separate utils & in-unit w/d, virtually no upkeep besides lawn care/snow removal and routine maintenance. Private back decks overlook fenced yard. All new plumbing, electric, HVAC, windows, tear off roof, siding, skylights, insulation in 2017. Close to Lincoln Square & 90/94. Extra wide 30′ lot allows nice front + back yards. 3 car garage built at time of rehab allows one garage for each unit. Perfect investment in truly turn key condition. Massive attic with 7 skylights has duplex up potential for possible future owners unit. The ideal use for this building would be to duplex up and duplex down for two huge owners units or convert to SFH. (Full set of drawings are available for SFH conversion). Amazing restaurants within walking distance and awesome Gompers Park nearby which connects to N. Branch Trail. Owner is IL LIC RE Broker.
Property Details
Price:
$699,900
MLS #:
MRD12043736
Status:
Active Under Contract
Beds:
5
Baths:
3
Address:
4722 N Drake Avenue
Type:
Multi Family
City:
Chicago
Listed Date:
May 1, 2024
State:
IL
ZIP:
60625
Year Built:
1915
Schools
School District:
299
Elementary School:
Haugan Elementary School
Middle School:
Haugan Elementary School
High School:
Roosevelt High School
Interior
Heating
Natural Gas
Exterior
Architectural Style
Farmhouse
Exterior Features
Deck
Other Structures
None
Parking Spots
3
Roof
Asphalt
Financial
Buyer Agent Compensation
2.5% – $495Net Sale Price
Tax Year
2022
Taxes
$7,637
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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4722 N Drake Avenue
Chicago, IL
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