Chicago, IL 60651 1002 N DRAKE Avenue
$550,000



30 more































Presented By: 24 Hour Real Estate LLC
Home Details
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!
Presented By: 24 Hour Real Estate LLC
Interior Features for 1002 N DRAKE Avenue
Bedrooms
Bedrooms Possible9
Total Bedrooms9
Bathrooms
Full Baths Building3
Half Baths Building
Total Baths3
Other Interior Features
BasementNone
Total Number of Units3
Other Rooms
Room TypeEnclosed Porch
General for 1002 N DRAKE Avenue
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CountyCook
DirectionsChicago Ave to Drake Ave, north to address, East to West on Augusta to Drake North 2 houses
Elementary School District299
Garage Spaces2
HeatingNatural Gas
High School District299
MLS AreaCHI - Humboldt Park
Middle/Junior School District299
ModificationTimestamp2025-07-02T05:07:36.124Z
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount5714
Tax Year2023
Total Rooms21
TownshipWest Chicago
Virtual TourClick here
Year Built1912
ZoningMULTI
Exterior for 1002 N DRAKE Avenue
Foundation DetailsConcrete Perimeter
Lot Dimensions30X125
Lot Size Acres
Parking FeaturesOn Site, Garage Owned, Detached, Garage
Total Parking2
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
