4734 N DRAKE AVE Chicago, IL 60625 Active

UPDATED: 07/28/2025 03:26 PM ON MARKET: 68 days on market

$1,200,000

13 Beds8 Baths3,920 Sqft Lot

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 $16,311

Tax Year 2023

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.


Listed by Ledio Samarxhiu of  Real Broker LLC  • ledio@samargroupre.com 217-960-8605 773-621-4144