20
See all 20 photos
$725,000
Est. payment /mo
5 Beds
4 Baths
Active Under Contract
1938 N DRAKE AVE Chicago, IL 60647
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Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12278472
Bedrooms 5
Year Built 1886
Annual Tax Amount $6,498
Tax Year 2023
Lot Dimensions 25 X 177
Property Sub-Type Two to Four Units
Property Description
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.
Location
State IL
County Cook
Area Chi - Logan Square
Zoning MULTI
Rooms
Basement Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Public
New Construction false
Schools
Elementary Schools Funston Elementary School
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Lucas Blahnik • @properties Christie's International Real Estate
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