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Kevin Wagan

kevinwagan@gmail.com +1(630) 518-5042

$ 1,150,000

Est. payment -/mo

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Active

4734 N DRAKE AVE Chicago, IL 60625

13 Beds

8 Baths

3,920 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12418880

Bedrooms 13

Year Built 1927

Annual Tax Amount $15,535

Tax Year 2024

Lot Size 3,920 Sqft

Lot Dimensions 30 X 125

Property Sub-Type Two to Four Units

Property Description

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.

Location

State IL

County Cook

Area Chi - Albany Park

Rooms

Basement Finished, Full, Daylight

Interior

Heating Steam

Fireplace N

Exterior

Garage Spaces 2.0

Community Features Gated, Sidewalks, Street Lights, Street Paved

Roof Type Flat

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Other

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

Elementary Schools Haugan Elementary School

Middle Schools Haugan Elementary School

High Schools Roosevelt High School

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://my.matterport.com/show/?m=9Nntka1xezu&mls=1

Listed by Ledio Samarxhiu of Real Broker LLC

SCHOOLSPROPERTIES

Elementary Schools 20

10

Solomon Elementary School

Public | PK - 8
9

Edgebrook Elementary School

Public | KG - 8
9

Fairview South Elementary School

Public | PK - 8
9

Sauganash Elementary School

Public | KG - 8
9

Disney II Elementary School

Public | PK - 6
9

Edison Elementary Regional Gifted Center

Public | KG - 8
9

Decatur Classical Elementary School

Public | KG - 6
9

Stone Elementary Scholastic Academy

Public | KG - 8
8

Beaubien Elementary School

Public | PK - 8
8

West Ridge Elementary School

Public | PK - 8
8

Bell Elementary School

Public | KG - 8
8

Coonley Elementary School

Public | PK - 8
7

Rutledge Hall Elementary School

Public | 3 - 5
7

Garcia Lorca Elementary School

Public | KG - 8
7

Von Linne Elementary School

Public | KG - 8
7

Jamieson Elementary School

Public | KG - 8
7

Budlong Elementary School

Public | KG - 8
7

Chappell Elementary School

Public | PK - 8
6

Portage Park Elementary School

Public | PK - 8
6

Christopher House Charter Elementary School

Public | KG - 1

Middle Schools 6

10

Lincoln Hall Middle School

Public | 6 - 8
10

Lane Technical High School

Public | 7 - 12
4

Disney II Magnet High School

Public | 7 - 9
4

Albany Park Multicultural Academy

Public | 7 - 8
1

Kelvyn Park High School

Public | 7 - 12
0

T. Marshall Middle School

Public | 7 - 8

High Schools 20

10

Northside College Preparatory High School

Public | 9 - 12
10

Devry Advantage Academy High School

Public | 11 - 12
7

Von Steuben Metro Science High School

Public | 9 - 12
5

Mather High School

Public | 9 - 12
5

Amundsen High School

Public | 9 - 12
3

Schurz High School

Public | 9 - 12
3

Alcott Humanities High School

Public | 9 - 12
1

Foreman High School

Public | 9 - 12
1

Roosevelt High School

Public | 9 - 12
0

Fasman Yeshiva High School

Private | 9 - 12
0

Lydia Urban Academy

Private | 9 - 12
0

Antonia Pantoja High School

Private | 10 - 12
0

Northside Learning Center

Public | 9 - 12
0

Yeshivas Meor Hatorah of Chicago

Private | 9 - 11
0

Telshe High School

Private | 9 - 12
0

Bais Yaakov High School

Private | 9 - 12
0

Yeshiva Netzach Eliyahu

Private | 9 - 12
0

Lubavitch Girls High School

Private | 9 - 12
0

Pathways in Education Avondale High School

Public | 9 - 12
0

Hanna Sacks Bais Yaakov High School

Private | 9 - 12

School and business data provided by Attom Data.

Kevin Wagan

Agent

+1(630) 518-5042

Kevin Wagan

4734 N DRAKE AVE Chicago, IL 60625

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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4734 N DRAKE AVE