Address
4722 N Drake Avenue, Chicago, IL
Price
$ 699,900
Property Attributes
- MLS#12043736
- TypeContingent
- CountyCOOK
- CityChicago
- AreaCHI - Albany Park
- NeighborhoodAlbany Park
- Zip60625
- StyleFarmhouse
- Year Built1915
- Taxes$ 7637
- Price$ 699,900
- Bedrooms5
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2192
- Lot Size3,485 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description
**Multiple Offers Received** Highest & Best requested by May 9th at noon.** Hard to find 2 flat in-law 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.
| Elementary School | Middle School | High School |
|---|---|---|
| Haugan Elementary School | Haugan Elementary School | Roosevelt High School |
| Price History | |
|---|---|
| 5/1/2024 | Listed $699,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Natural Gas |
| Possession | Closing,Tenant's Rights |
| Roof | Asphalt |
| Exterior Features | Deck |
| Zoning | MULTI |
| Garage Spaces | 3 |
| Architectural Style | Farmhouse |
| Year Built | 1915 |
| Township | Jefferson |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Gross Income | 46200 |
| County | Cook |
| Insurance Expense | 1525 |
| New Construction | No |
| Property Type | Residential Income |
| Contingency | Financing |
| MaintenanceExpense | 2106 |
| Other Structures | None |
| Total Rooms | 10 |
| Status | Contingent |
| Directions | WILSON TO DRAKE (3550W),NORTH TO 4722 |
| High School | Roosevelt High School |
| City | Chicago |
| High School District | 299 |
| MLS Area | CHI - Albany Park |
| Waterfront Y/N | No |
| Street Name | Drake |
| Elementary School | Haugan Elementary School |
| Tax Annual Amount | 7637.3 |
| Middle/Junior High School | Haugan Elementary School |
| Water Sewer Expense | 1256 |
| Virtual Tour | https://real.vision/4722-north-drake-avenue-2?o=u |
| Days on Market | 8 |
| Standard Status | Active Under Contract |
| Middle/Junior School District | 299 |
| Elementary School District | 299 |
| Property Type | Two to Four Units |
Interior Features
| Basement | Full |
|---|---|
| Street Suffix | Avenue |
| Total Bedrooms | 5 |
| Total Baths | 3 |
| Bedrooms Possible | 5 |
| Basement | Finished |
| Full Baths Building | 3 |
| Total Number of Units | 2 |
Exterior Features
| Lot Features | Fenced Yard |
|---|---|
| Water Source | Lake Michigan |
| Total Parking | 3 |
| Lot Dimensions | 30X125 |
| Lot Size Acres | 0.08 |
| Garage Onsite | Yes |
| Garage Type | Detached |
| Garage Ownership | Owned |
| Exterior | Vinyl Siding,Frame |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Contingent Average in 60625
Price
Taxes
Visits
Year Built
