2741 N Drake Avenue Chicago, IL ^$ 1,375,000

2741 N Drake Avenue

^$ 1,375,000

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2741 N Drake Avenue

Chicago, IL, 60647

^$ 1,375,000

Bedrooms10 Baths7.0

Monthly Estimate*

^$ 9,605

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Multi-Family Home for sale in Chicago, IL

for $1,375,000 with 10 bedrooms and 7 full baths. This home was built in 1924.

Great investment opportunity to own a fully upgraded, 3-flat brick building in Avondale. Rehab in 2014. First floor duplex has 4 bedrooms, 3 baths, spacious family room with wet bar, and office. Units 2 and 3 have 3 bedrooms and 2 baths. Each apartment features hardwood floors, granite counters, stainless steel appliances, many closets, and in-unit laundry. 3 storage rooms in the basement. 4 car parking pad.

Multi-Family Pending

Price

^$ 1,375,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 13,646

Style

Year Built

1924

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11985479

Features

General

Sewer Public Sewer

Heating Natural Gas

Possession Closing

Zoning MULTI

Year Built 1924

Township North Chicago

Tax Year 2022

Percent Ownership Fee Simple

Community Features Sidewalks Street Lights

County Cook

Insurance Expense 2364

New Construction N

Property Type Residential Income Two to Four Units

Total Rooms 16

Status Pending

Directions NORTH ON MILWAUKEE TO DIVERSEY WEST TO DRAKE SOUTH ON DRAKE TO 2741.

High School Kelvyn Park High School

City Chicago

High School District 299

MLS Area CHI - Logan Square

Waterfront Y/N N

Street Name Drake

Elementary School Monroe Elementary School

Tax Annual Amount 13646

Electric Expense 1200

Fuel Expense 1200

Middle/Junior High School Monroe Elementary School

Water Sewer Expense 4800

Days on Market 31

Standard Status Pending

Middle/Junior School District 299

Elementary School District 299

Interior

Basement Full Finished

Street Suffix Avenue

Total Bedrooms 10

Total Baths 7

Bedrooms Possible 10

Full Baths Building 7

Half Baths Building 0

Total Number of Units 3

Exterior

Parking Features Assigned

Lot Features Sidewalks Streetlights

Water Source Lake Michigan

Total Parking 4

Lot Dimensions 25 X 125

Exterior Brick

* Excluded Features

List By

@Properties Christie's International Real Estate

Broker

carrie@atproperties.com

Affordability Calculator

$10,742

Per Month

Monthly Principal & Interest: $9,605
Monthly Property Taxes: $1,137
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$643,646

Percent of Sale Price 53%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2049618 Elementary School

2049618 Middle School

Kelvyn Park High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/21/2024	$1,375,000		Listed Price

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2741 N Drake Avenue, Chicago, IL, 60647 is a Multi-Family Home for sale at $1,375,000. 2741 N Drake Avenue has 10 bedrooms, 7.0 baths, and was built in 1924. The property's zip code is 60647 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 4/27/2024.

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2741 N Drake Avenue

Multi-Family Home for sale in Chicago, IL

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