3244 N Drake Avenue Chicago, IL ^$ 495,000

3244 N Drake Avenue

^$ 495,000

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3244 N Drake Avenue

Chicago, IL, 60618

^$ 495,000

Bedrooms6 Baths4.1

Monthly Estimate*

^$ 3,088

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Multi-Family Home for sale in Chicago, IL

for $495,000 with 6 bedrooms and 4 full baths, 1 half bath. This home was built in 1905.

Great investment opportunity in Avondale! This legal 3-unit building offers endless potential for investors or owner-occupants looking to build equity.Each unit provides generous space and a flexible layout, ideal for rental income or multi-generational living. The property sits on a quiet residential block surrounded by a mix of vintage homes and new development. Enjoy unbeatable convenience near the CTA Blue Line, Belmont, Milwaukee, Kimball and Addison buses, and easy access to the Kennedy Expressway. Just minutes from Avondale's thriving restaurant and cafe scene like Honey Butter Fried Chicken, JoJo's Milk Bar, and Sleeping Village. As well as grocery stores, shopping, and parks like T.J. Maxx, Gap, Nail salons, Aldis, Jewel Osco, Avondale & Athletic Park, and much more!

Multi-Family Active

Price

^$ 495,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 7,560

Style

Year Built

1905

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12506329

Features

General

Sewer Public Sewer

Heating Natural Gas

Possession Closing

Zoning MULTI

Garage Spaces 2

Construction Materials Vinyl Siding

Year Built 1905

Township Jefferson

Tax Year 2023

Ownership Fee Simple

County Cook

New Construction N

Property Type Residential Income Two to Four Units

Total Rooms 17

Status Active

Directions West Belmont Ave North on Drake Ave. to Property

City Chicago

High School District 299

MLS Area CHI - Avondale

Tax Annual Amount 7560

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Interior

Basement None

Total Bedrooms 6

Total Baths 4

Bedrooms Possible 6

Full Baths Building 3

Half Baths Building 1

Total Number of Units 3

Exterior

Parking Features Yes Garage Owned Detached Garage

Water Source Lake Michigan Public

Total Parking 2

Lot Dimensions 2125

Waterfront Y/N N

* Excluded Features

List By

Realty Of America, Llc

Broker

aldayhomes@gmail.com

Affordability Calculator

$3,718

Per Month

Monthly Principal & Interest: $3,088
Monthly Property Taxes: $630
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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 ^$615,846

Percent of Sale Price 24%

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.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/6/2025	$495,000		Listed Price

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3244 N Drake Avenue, Chicago, IL, 60618 is a Multi-Family Home for sale at $495,000. 3244 N Drake Avenue has 6 bedrooms, 4.1 baths, and was built in 1905. The property's zip code is 60618 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/7/2025.

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3244 N Drake Avenue

Multi-Family Home for sale in Chicago, IL

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