Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
Any Baths
For Sale
17 Properties Within 0.5 miles of: 4830 N Drake, Chicago

4830 N Drake
Chicago, IL 60625

  • Built In 1918
Price

$1,500,000

Est Payment
$8,995 / month (details)  
Taxes
$13,387  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
PER SURVEY  
Built
1918  
Neighborhood
Albany Park  
MLS
#11238618
Status
Expired

Property Description

This opportunity is located on Drake Ave in Albany Park. The property on Drake consists of (3) 3-bed / 1- bath units, (3) 3-bed / 2-bath units, and (1) 1- bed / 1-bath garden unit. The building has been renovated by the current owner, there are no major capital improvements that are needed. The units have huge layouts with large sunrooms adding to the already spacious living rooms. A new owner has the ability to purchase a stabilized seven unit building in a desirable neighborhood. Obtain proforma numbers by raising all rents to market rate.

Property Map

Property Details

Utilities

  • Heating
  • Cooling Window Unit(s)
  • Water
  • Sewer

Additional Information

Parking
3 Parking Spaces

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

10-05-2021 Listed at $1,500,000
02-02-2022 Status changed to Expired
Last Modified 2/2/22 12:05 AM

Nearby Transportation

  • Bus 81 0.1 mi
  • Bus 82 0.2 mi
  • Bus 93 0.2 mi
  • Bus 92 0.4 mi
  • Bus 53 0.5 mi
  • Bus 78 0.6 mi
  • Bus 80 1.1 mi
  • Brown Line 0.2 mi
  • ZipCar 0.2 mi
  • I 94 West 1.2 mi
  • I 90 West 1.2 mi
  • I 90 East 1.3 mi
  • I 94 East 1.3 mi
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