SoldJun 13, 2025

Listed by Thomas Shallcross from GC Realty and Development

Bought with Erik Corral

Source: Midwest Real Estate Data, LLC #12362020

1031 N Drake Ave, Chicago, IL, 60651

$507,500

5
3
2

MultiFam

4 days on the market

Sold: Jun 13, 2025

What's around 1031 N Drake Ave

About this property

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.

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