4734 N Drake Avenue, Chicago, IL 60625
Local realty services provided by:Better Homes and Gardens Real Estate Connections



4734 N Drake Avenue,Chicago, IL 60625
$1,200,000
- 13 Beds
- 8 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:ledio samarxhiu
Office:real broker llc.
MLS#:12418880
Source:MLSNI
Price summary
- Price:$1,200,000
About this home
Excellent investment in Albany Park! Well-maintained legal 4-unit building with extra-large units. Unit 1/Garden: 3 beds, 2 baths, and tall ceilings throughout. Units 2-4: approximately 1,600 sq ft units with 3-4 beds and 1.5 baths each. Apartments feature spacious kitchens, extra-large living rooms & sunrooms, formal dining rooms in original layouts, plus enclosed porch/dens on each level. Owner's unit includes in-unit washer and dryer. A 4-year-old steam boiler services Units 1-3, while Unit 4 has gas forced air. Property has 2 gas meters and 5 electric meters. Exterior includes brick 2 car garage plus 1 gated exterior parking space. Recent updates include new sidewalks, a new skylight (2023), copper plumbing throughout, new carpet in the hallways and Unit 3 with hardwood floors underneath, a replaced support beam in the garage, tuckpointing (2024), a new washer and refrigerator in Unit 2 (2025), and all windows have been caulked (2025). Seller is currently collecting $8760/month while occupying Unit 2 and a portion of the Garden. With all units rented, the projected rents will be $12160/month or $145,920 annually. Excellent Albany Park location within close proximity to Kimball Brown Line CTA, Von Steuben HS, North Park University, Northside College Prep, and more. View The 3D Tours Of Units 2 & 3.
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Home facts
- Year built:1927
- Listing Id #:12418880
- Added:24 day(s) ago
- Updated:August 13, 2025 at 10:47 AM
Rooms and interior
- Bedrooms:13
- Total bathrooms:8
- Full bathrooms:5
- Half bathrooms:3
Heating and cooling
- Heating:Steam
Structure and exterior
- Roof:Flat
- Year built:1927
- Lot area:0.09 Acres
Schools
- High school:Roosevelt High School
- Middle school:Haugan Elementary School
- Elementary school:Haugan Elementary School
Utilities
- Water:Lake Michigan
Finances and disclosures
- Price:$1,200,000
- Tax amount:$16,311 (2023)
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