1617 N Drake Avenue
Chicago, IL 60647

Status: Active
Single Family
8 beds
2 baths
7,000 sq.ft
Listing Price: $545,000
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About this home

Welcome to 1617 N Drake Ave, a sprawling compound nestled in the vibrant heart of Chicago. This unique property, located just steps from the popular '606' elevated park, presents an exceptional opportunity for investors and developers alike. Spanning a substantial lot size of 60x171 feet, the estate includes multiple units and structures that offer versatile renovation potential. Whether you are seeking to tear down and build anew or to creatively transform the existing spaces, the possibilities are limitless. Set in a community with the cozy Rs-3 zoning, this location combines the tranquility of residential living with close proximity to urban conveniences. An ample outdoor space further enhances this offering, providing a rare opportunity for expansive urban development or personalization according to your architectural desires. Seize the chance to own and shape a significant piece of Chicago's architectural future at 1617 N Drake Ave. Contact us for a showing and start exploring the boundless potential awaiting.

Property details

Interior Features
Additional Rooms Bedroom 5, Bedroom 6, Bedroom 7, Bedroom 8
Square Feet 7,000
Square Feet Source Estimated
Basement Description None
Basement Bathrooms No
Basement None
Bedrooms Count 8
Bedrooms Possible 8
Disability Access and/or Equipped No
Baths FULL Count 2
Baths Count 2
Total Rooms 11
Rooms
room 1
Type Bedroom 5
Level Main
Dimensions 10X10
room 2
Type Bedroom 6
Level Main
Dimensions 10X10
room 3
Type Bedroom 7
Level Second
Dimensions 10X10
room 4
Type Bedroom 8
Level Second
Dimensions 10X10
room 5
Level N/A
room 6
Level N/A
room 7
Level N/A
room 8
Level N/A
room 9
Level N/A
room 10
Level N/A
room 11
Type Bedroom 2
Level Main
Dimensions 20X20
room 12
Type Bedroom 3
Level Main
Dimensions 20X20
room 13
Type Bedroom 4
Level Main
Dimensions 20X20
room 14
Type Dining Room
Level Main
Dimensions 20X20
room 15
Type Family Room
Level N/A
room 16
Type Kitchen
Level Main
Dimensions 20X20
room 17
Type Laundry
Level Main
Dimensions 10X10
room 18
Type Living Room
Level Main
Dimensions 20X20
room 19
Type Master Bedroom
Level Main
Dimensions 20X20
Bath None
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 91-100 Years
Approx Year Built 1925
Parking Total 14
Exterior Building Type Aluminum Siding, Brick, Frame, Block
Parking On-Site Yes
Garage Type Attached
Parking Spaces Count 4
Garage On-Site Yes
Parking Garage,Space/s
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Air Conditioning Central Air
Area Major CHI - Humboldt Park
Corporate Limits Chicago
Directions North ave west to Drake north to home
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township Jefferson
Property / Lot Details
Lot Dimensions 60X171
Lot Size Oversized Chicago Lot
Ownership Fee Simple
Type Detached 2 Stories
Property Type Detached Single

Financials

Investment Profile Residential

Tax/Assessments/Liens

Frequency Not Applicable
Assessment Includes None
Master Association Fee Frequency Not Required
PIN 13354190150000
Special Assessments N
Taxes $16,480
Tax Year 2022
$545,000 Listing Price:
MLS # 12055926
Investment Profile Residential
Listing Market Time 27 days
Basement None
Type Detached 2 Stories
Parking Garage,Space/s
List Date 05/23/2024
Year Built 1925
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