Chicago, IL 60647,1938 N DRAKE Avenue
Chicago, IL 60647,1938 N DRAKE Avenue
Chicago, IL 60647,1938 N DRAKE Avenue
20
$715,000
$725,000
1.4%
Est.Price: ?

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5 BD

1938 N DRAKE Avenue Chicago, IL 60647

Est. payment /mo
SOLD DATE : 05/22/2025

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Key Details

Sold Price $715,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12278472

Sold Date 05/22/25

Bedrooms 5

Year Built 1886

Annual Tax Amount $6,498

Tax Year 2023

Lot Dimensions 25 X 177

Property Sub-Type Two to Four Units

Property Description

Recently remodeled frame 2-flat on an extra long lot in a great Logan Square location. This versatile property has two extra finished spaces which allow for amazing cash flow opportunities. 1st and 2nd floors are 3 bedroom, 2 bathroom apartments. Great room sizes and layouts make these very appealing to renters. Apartments feature newer kitchens with stainless steel appliances, attractive bathrooms, and each have a washer/dryer. The basement is an in-law apartment with 2 bedrooms and 1 bathroom. The attic is an amazing extra space; with 1 bedroom and 1 bathroom it could be an amazing duplex opportunity, or a future income apartment. The building has had Mechanical, Electrical and Plumbing updates. 25 x 177 lot is 50+ feet longer than an average Chicago lot. This makes for a huge yard and a ton of parking options. Current configuration is a long parking pad for 4 cars, but this could be great for a large garage or a future ADU. Great location just off of Armitage Ave. Walk to the 606, and many restaurants and bars along Armitage in Logan Square.

Location

State IL

County Cook

Zoning MULTI

Rooms

Basement Finished, Full

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

View Y/N true

Roof Type Asphalt

Building

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Funston Elementary School

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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Listed by Lucas Blahnik • @properties Christie's International Real Estate
Bought with Alexander Landowski • Seed Realty LLC

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agent

Paul Osipoff

Broker | License ID: 475.175198

+1(708) 441-5241

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