Chicago, IL 60651,1031 N Drake Avenue
Chicago, IL 60651,1031 N Drake Avenue
Chicago, IL 60651,1031 N Drake Avenue
Chicago, IL 60651,1031 N Drake Avenue
Chicago, IL 60651,1031 N Drake Avenue
Chicago, IL 60651,1031 N Drake Avenue
See all 29 photos

$507,500

$485,000

4.6%
Est.Price: ?

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Est. payment /mo

5 Beds


SOLD DATE : 06/13/2025

Key Details

Sold Price $507,500

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12362020

Sold Date 06/13/25

Bedrooms 5

Year Built 1907

Annual Tax Amount $5,012

Tax Year 2023

Lot Dimensions 30X125

Property Sub-Type Two to Four Units

Property Description

Freshly rehabbed 2-unit brick building with historic charm on an oversized lot. This beautiful building is ready for a new owner or pure investor as both units are vacant. First floor apartment boasts two large bedrooms, while the top floor is has a similar layout with three bedrooms - floor plans in pictures. New hardwood floors, new central A/C (top floor), new kitchens equipped with white shaker cabinets, luxury quartz countertops, subway tile backsplash, gold fixtures, and stainless steel appliances. Both bathrooms boast new vanity, floor and wall tile, tub, fixtures, toilet. Separate hot water tanks and gas forced air for each unit. The partially finished basement has been cleaned and painted, and hosts an operable full bathroom, two means of egress, and additional rooms for your creation. An oversized backyard and 2-car garage for additional income round out this property. Owner is a licensed real estate agent has a vested interest in the property. Neither seller nor agent represent legality of basement as a third unit.

Location

State IL

County Cook

Rooms

Basement Partially Finished, Full

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Garage Spaces 2.0

View Y/N true

Roof Type Flat

Building

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Brick

New Construction false

Schools

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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Listed by Thomas Shallcross • GC Realty and Development
Bought with Erik Corral • You Properties LLC
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2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States

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