4734 N DRAKE Avenue, Chicago, IL, 60625

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$1,200,000
3 Days On Site

4734 N DRAKE Avenue
Chicago, IL 60625

For Sale|Multi Family|Active
13
Beds
8
Total Baths
1927
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Real Broker LLC
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4734 N DRAKE Avenue4734 N DRAKE Avenue4734 N DRAKE Avenue4734 N DRAKE Avenue
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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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Listing Snapshot
Price 
$1,200,000
Days On Site 
3 Days
Bedrooms 
13
Inside Area (SqFt) 
N/A
Total Baths 
8
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.09 Acres
Year Built 
1927
MLS® Number 
12418880
Status 
Active
Property Tax 
$16,311.18
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS®
4 days agoListing first seen on site
General Features
Acres 
0.09
Foundation 
Concrete Perimeter
Garage 
Yes
Garage Spaces 
2
Parking 
Garage Door OpenerOn SiteDetachedEnclosedSecuredGarage
Parking Spaces 
3
Property Sub Type 
Multi Family
Sewer 
Other
Interior Features
Basement 
FinishedFullDaylight
Heating 
Steam
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Exterior Features
Construction Details 
Brick
Fencing 
Fenced
Other Structures 
Storage
Patio And Porch 
Deck
Roof 
Flat
Community Features
Community Features 
GatedSidewalksStreet Lights
MLS Area 
CHI - Albany Park
School District 
Roosevelt High School
Township 
Jefferson
Schools
School District
Roosevelt High School
Elementary School
Haugan Elementary School
Middle School
Haugan Elementary School
High School
Roosevelt High School
Listing Courtesy of MRED as distributed by MLS Grid of Real Broker LLC



Based on information submitted to the MLS GRID as of 2025-07-25 12:52 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-07-25 12:52 PM UTC
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