4734 N DRAKE Avenue
Chicago, IL, 60625
$1,200,000
13 Beds
8 Baths
0 SqFt
0.09 Acres
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$1,200,000
4734 N DRAKE Avenue
Chicago, IL, 60625
MLS #MRD12418880 img 0MLS #MRD12418880 img 1MLS #MRD12418880 img 2MLS #MRD12418880 img 3MLS #MRD12418880 img 4MLS #MRD12418880 img 5MLS #MRD12418880 img 6MLS #MRD12418880 img 7MLS #MRD12418880 img 8MLS #MRD12418880 img 9MLS #MRD12418880 img 10MLS #MRD12418880 img 11MLS #MRD12418880 img 12MLS #MRD12418880 img 13MLS #MRD12418880 img 14MLS #MRD12418880 img 15MLS #MRD12418880 img 16MLS #MRD12418880 img 17MLS #MRD12418880 img 18MLS #MRD12418880 img 19MLS #MRD12418880 img 20MLS #MRD12418880 img 21MLS #MRD12418880 img 22MLS #MRD12418880 img 23MLS #MRD12418880 img 24MLS #MRD12418880 img 25MLS #MRD12418880 img 26MLS #MRD12418880 img 27MLS #MRD12418880 img 28MLS #MRD12418880 img 29MLS #MRD12418880 img 30MLS #MRD12418880 img 31MLS #MRD12418880 img 32MLS #MRD12418880 img 33MLS #MRD12418880 img 34MLS #MRD12418880 img 35MLS #MRD12418880 img 36MLS #MRD12418880 img 37MLS #MRD12418880 img 38MLS #MRD12418880 img 39MLS #MRD12418880 img 40MLS #MRD12418880 img 41MLS #MRD12418880 img 42MLS #MRD12418880 img 43MLS #MRD12418880 img 44MLS #MRD12418880 img 45MLS #MRD12418880 img 46MLS #MRD12418880 img 47MLS #MRD12418880 img 48MLS #MRD12418880 img 49MLS #MRD12418880 img 50
Excellent investment in Albany Park! Well-maintained legal 4-unit building with extra-large units. Unit 1/Garden: 3 beds, 2 baths, and tall ceilings throughout. Units 2-4: approximately 1,600 sq ft units with 3-4 beds and 1.5 baths each. Apartments feature spacious kitchens, extra-large living rooms & sunrooms, formal dining rooms in original layouts, plus enclosed porch/dens on each level. Owner’s unit includes in-unit washer and dryer. A 4-year-old steam boiler services Units 1-3, while Unit 4 has gas forced air. Property has 2 gas meters and 5 electric meters. Exterior includes brick 2 car garage plus 1 gated exterior parking space. Recent updates include new sidewalks, a new skylight (2023), copper plumbing throughout, new carpet in the hallways and Unit 3 with hardwood floors underneath, a replaced support beam in the garage, tuckpointing (2024), a new washer and refrigerator in Unit 2 (2025), and all windows have been caulked (2025). Seller is currently collecting $8760/month while occupying Unit 2 and a portion of the Garden. With all units rented, the projected rents will be $12160/month or $145,920 annually. Excellent Albany Park location within close proximity to Kimball Brown Line CTA, Von Steuben HS, North Park University, Northside College Prep, and more. View The 3D Tours Of Units 2 & 3.

Property Details

Price:
$1,200,000
MLS #:
MRD12418880
Status:
Active
Beds:
13
Baths:
8
Address:
4734 N DRAKE Avenue
Type:
Multi Family
Neighborhood:
CHI – Albany Park
City:
Chicago
Listed Date:
Jul 21, 2025
State:
IL
ZIP:
60625
Year Built:
1927

Schools

School District:
299
Elementary School:
Haugan Elementary School
Middle School:
Haugan Elementary School
High School:
Roosevelt High School

Interior

Heating
Steam

Exterior

Community Features
Gated, Sidewalks, Street Lights, Street Paved
Construction Materials
Brick
Other Structures
Storage
Parking Features
Garage Door Opener, On Site, Garage Owned, Detached, Off Alley, Enclosed, Secured, Owned, Garage
Parking Spots
3
Roof
Flat

Financial

Tax Year
2023
Taxes
$16,311
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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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4734 N DRAKE Avenue
Chicago, IL