1002 N Drake Avenue, Chicago, IL 60651
Local realty services provided by:Better Homes and Gardens Real Estate Connections



1002 N Drake Avenue,Chicago, IL 60651
$550,000
- 9 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:german llanos
Office:24 hour real estate llc.
MLS#:12363230
Source:MLSNI
Price summary
- Price:$550,000
About this home
Exceptional Investment Opportunity in Hot Humboldt Park! This solid, fully rehabbed legal 3-flat offers strong income potential and modern upgrades throughout. Each spacious unit features 3 full bedrooms and recently updated kitchens with stainless steel appliances including refrigerator, stove, microwave, and dishwasher. Units 1 and 2 are equipped with central air. Independent furnaces and water heaters ensure tenant comfort and easy utility management. The basement includes a shared coin-operated laundry room with two washer/dryer sets, additional tenant-controlled heating and air, and a dedicated storage area. A detached 2-car garage generates additional rental income of $260 a month. Total monthly rent roll = $4,802. Don't miss this turnkey property-sold AS IS-in one of Chicago's fastest-growing neighborhoods!
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Home facts
- Year built:1912
- Listing Id #:12363230
- Added:93 day(s) ago
- Updated:August 13, 2025 at 10:47 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:3
- Full bathrooms:3
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1912
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$550,000
- Tax amount:$5,714 (2023)
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