Chicago, IL 60647 2501 N Drake Avenue
$1,445,000
Presented By: Andrew Klemen
Beds • 11
Garage • 2
Home Details
Corner brick building on large lot. Easily rentable units with great income. Two car garage plus gated space for one more. Very walkable location in a quiet residential area. Beautiful 3br/3ba on third floor. Four 2br/1ba on first and second floor. Private outdoor space for three front units. All units have in unit washer/dryer. Extra gated parking space can be rented as well for additional income.
Presented By: Andrew Klemen
Interior Features for 2501 N Drake Avenue
Other Interior Features
Total Fireplaces1
General for 2501 N Drake Avenue
Additional Parcels Y/NNo
Association Fee IncludesNone
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingPartial
CountyCook
DirectionsWRIGHTWOOD SOUTH ON DRAKE. 1 block North Of Fullerton. 1 Block East of Central Park.
ElectricCircuit Breakers
Electric Expense
Fuel Expense
Gross Income145080
Insurance Expense6716
MLS AreaCHI - Logan Square
Maintenance Expense
ModificationTimestamp2025-06-16T18:59:01.883Z
Net Operating Income117983
Number Of Units Total5
Operating Expense24000
PossessionClosing
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive Under Contract
StatusContingent
Stories Count3
Tax Annual Amount20897
Tax Year2023
Tenant PaysElectricity, Heat
TownshipJefferson
Trash Expense0
Water Sewer Expense2800
Year Built1914
Exterior for 2501 N Drake Avenue
Foundation DetailsBrick/Mortar
Lot Dimensions38 X 125
Additional Details
Price History
