1002 N Drake Avenue
Chicago, IL 60651
- 9 beds
- 3 baths
- – sqft
- 3,750 sqft lot
- 1912 build
- – on site
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!
Last checked:
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Checking…
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Last updated May 13, 2025
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MLS# 12363230 —
Upcoming Open Houses
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Saturday, 5/17
10am-10:45am -
Tuesday, 5/20
6pm-6:30pm
The Building
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Year Built:1912
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Rebuilt:No
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New Construction:false
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Construction Materials:Brick
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Basement:None
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Foundation Details:Concrete Perimeter
Interior
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Room Type:Enclosed Porch
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Rooms Total:21
Location
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Directions:Chicago Ave to Drake Ave, north to address, East to West on Augusta to Drake North 2 houses
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Location:18359
The Property
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Parcel Number:16024040390000
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Property Type:Residential Income
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Lot Size Dimensions:30X125
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Zoning:MULTI
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Waterfront:false
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Additional Parcels:false
Listing Agent
- Contact info:
- Agent phone:
- (847) 962-0923
- Office phone:
- (312) 291-8047
Taxes
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Tax Year:2023
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Tax Annual Amount:5714
Beds
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Bedrooms Total:9
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Bedrooms Possible:9
Baths
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Baths:3
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Full Baths:3
The Listing
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Virtual Tour Unbranded:
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
Parking
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Parking Total:2
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Parking Features:On Site, Garage Owned, Detached, Garage
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Garage Spaces:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/12/25
May 12, 2025
|
Listed / Active | MRED | $565,000 | 91.5% (12.8% / YR) |
|
6/2/21
Jun 2, 2021
|
Sold Subject To Contingencies | MRED | ||
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6/2/21
Jun 2, 2021
|
Listed / Active | MRED |
