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1031 N Drake Avenue

Chicago, IL 60651

5 beds
3 baths
– sqft
3,750 sqft lot
1907 build
– on site

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.

Listing courtesy of MRED / GC Realty and Development as distributed by MLS GRID

Last checked: Checking… • Last updated May 12, 2025 •

MLS# 12362020 —

The Building

Year Built:

1907
Rebuilt:

No
New Construction:

false
Construction Materials:

Brick
Roof:

Flat
Basement:

Partially Finished, Full

Interior

Room Type:

Utility Room-Lower Level
Rooms Total:

11

Location

Directions:

From Grand, South on Drake
Location:

1166

The Property

Parcel Number:

16024050100000
Property Type:

Residential Income
Lot Size Dimensions:

30X125
Waterfront:

false
Additional Parcels:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

5012

Beds

Bedrooms Total:

5
Bedrooms Possible:

5

Baths

Baths:

3
Full Baths:

3

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Natural Gas, Forced Air

Utilities

Sewer:

Public Sewer
Water Source:

Lake Michigan, Public

Schools

Elementary School District:

299
Middle Or Junior School District:

299
High School District:

299

Parking

Parking Total:

2
Parking Features:

On Site, Garage Owned, Detached, Garage
Garage Spaces:

2

Extra Units

Other Structures:

Garage(s)

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price
5/12/25 May 12, 2025	Listed / Active	MRED	$485,000
10/7/21 Oct 7, 2021	Sold Subject To Contingencies	MRED
9/24/21 Sep 24, 2021	Price Changed	MRED

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This multifamily located in West Side, Chicago, IL 60651 is currently for sale for $485,000. 1031 N Drake Avenue is a – square foot multifamily with 5 beds and 3 baths that has been on Estately for 0 days. 1031 N Drake Avenue is in the West Side neighborhood of Chicago and has a WalkScore® of 65, making it somewhat walkable. This multifamily is in the attendance area of Casals Elementary School and Orr Academy High School.

Listing courtesy of MRED, GC Realty and Development, and Thomas Shallcross as distributed by MLS GRID.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Signal Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2025 Midwest Real Estate Data LLC
Information deemed reliable but not guaranteed by MLS GRID. Use of MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to MLS GRID as of May 12, 2025, 01:15 pm. 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.