825 N Drake Avenue Chicago, IL $ 525,000
825 N Drake Avenue
$ 525,000
Recently Listed New Construction
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825 N Drake Avenue

Chicago, IL, 60651
$ 525,000
Bedrooms4 Baths2.0 Sq 1,600

Monthly Estimate*

$ 3,233

825 N Drake Avenue, Chicago, IL 60651 - Image 1

Multi-Family Home for sale in Chicago, IL

for $525,000 with 4 bedrooms and 2 full baths. This 1,600 square foot home was built in 2026.

Highly anticipated new construction 2-unit building coming soon for owner occupants only! Each unit features 2BD and 1Bath, thoughtfully designed for modern living and long-term value. This all-electric property offers energy efficiency and lower utility complexity, ideal for today's homeowners. Perfect for owner-occupants, this is a rare opportunity to live in one unit while generating rental income from the other-an excellent pathway to building generational wealth. Take advantage of exclusive pre-sale opportunities, including the ability to customize select finishes. Qualified buyers may also receive up to $95K in down payment assistance, making homeownership more accessible than ever. Buyers can submit a complete application to be considered for pre-sale and customization options. Must use Developers contract, 2 separate grant applications for DPA, must meet HUD AMI guidelines for second grant eligibility, all buyers receive $20K from Cook County Land Bank.

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Multi-Family Active

Price

$ 525,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

2026

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12624394

Features
General
Sewer Public Sewer
Heating Electric
Possession Upon Completion
Construction Materials Vinyl Siding Fiber Cement Combination
Year Built 2026
Township West Chicago
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction Y
Property Type Residential Income Two to Four Units
Total Rooms 10
Status New
Directions Chicago Ave to street north to address
City Chicago
High School District 299
MLS Area CHI - Humboldt Park
Tax Annual Amount 0
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Crawl Space
Total Bedrooms 4
Total Baths 2
Bedrooms Possible 4
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Alley Access Yes Owned
Water Source Public
Total Parking 2
Lot Dimensions 25X125
Waterfront Y/N N
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* Excluded Features
List By
Inherent Homes Llc

Broker

sonia@inherenthomes.com

Email

Affordability Calculator

$3,233
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,233
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% 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
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/20/2026$525,000 Listed Price

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825 N Drake Avenue, Chicago, IL, 60651 is a Multi-Family Home for sale at $525,000 with 1,600 sqft. 825 N Drake Avenue has 4 bedrooms, 2.0 baths, and was built in 2026. The property's zip code is 60651 which is in Chicago, IL