4954 N Drake Avenue Chicago, IL $ 700,000
4954 N Drake Avenue
$ 700,000
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4954 N Drake Avenue

Chicago, IL, 60625
$ 700,000
Bedrooms5 Baths3.0

Monthly Estimate*

$ 4,310

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Multi-Family Home for sale in Chicago, IL

for $700,000 with 5 bedrooms and 3 full baths.

A true Chicago classic, this well maintained all-brick 2-flat in the heart of Albany Park is coming to market for the first time in generations - and it shows the pride of long-term owner occupancy at every turn. Step inside and you're immediately greeted by a stunning shared entry foyer featuring original oak woodwork, a staircase with turned balusters, and solid wood doors that speak to the craftsmanship of a bygone era. Both units offer 3 spacious bedrooms, hardwood floors throughout, and well-appointed kitchens featuring maple cabinetry and stainless steel appliances. Elegant original details shine across both floors - from a decorative fireplace with a beautiful oak mantle and decorative columns, to crown molding and arched doorways. The sun-drenched front living rooms in each unit are wrapped in windows on three sides, bathing the spaces in natural light throughout the day - a truly rare and uplifting feature. Updated bathrooms, central air and heat, a shared basement with laundry and an additional bathroom, a private backyard, and a 2-car garage round out this exceptional property. Walk to the CTA Brown Line and Jefferson Park Metra, with quick access to I-90/94, O'Hare, and the scenic North Branch Trail just steps away. Whether you're an owner-occupant or a seasoned investor seeking a solid, character-filled Chicago asset - this is the one you've been waiting for.

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Multi-Family Active

Price

$ 700,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 4,428

Style

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12620048

Features
General
Sewer Public Sewer
Heating Natural Gas
Utilities Cable Available
Possession Closing
Roof Rubber
Appliances Humidifier
Zoning MULTI
Garage Spaces 2
Construction Materials Brick
Township Jefferson
Tax Year 2024
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 14
Status New
Directions Lawrence to Drake to property
City Chicago
High School District 299
MLS Area CHI - Albany Park
Tax Annual Amount 4428
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full
Total Bedrooms 5
Total Baths 3
Bedrooms Possible 5
Full Baths Building 3
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Garage Door Opener Yes Garage Owned Detached Garage
Water Source Lake Michigan Public
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 30X125
Waterfront Y/N N
Other Equipment Security System CO Detectors Ceiling Fan(s)
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* Excluded Features
List By
Prello Realty

Broker

offers@prellorealty.com

Email

Affordability Calculator

$4,679
Per Month
92%
8%
0%
Monthly Principal & Interest
$4,310
Monthly Property Taxes
$369
Monthly Home Insurance
--
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
4/15/2026$700,000 Listed Price

Map


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4954 N Drake Avenue, Chicago, IL, 60625 is a Multi-Family Home for sale at $700,000. 4954 N Drake Avenue has 5 bedrooms and 3.0 baths. The property's zip code is 60625 which is in Chicago, IL