2509 N Drake Avenue
Chicago, IL 60647

Status: Sold
Multi Family
8 beds
0 baths
0 sq.ft
Listing Price: $885,000

About this home

Come and see this duplex-down that is the size of a single family home, with a great income stream from the lovely apartment upstairs! An extra wide brick 2-flat on a 40-foot wide lot, located on a fantastic block in Logan Square! Such a lovely tree-lined street with a curated mix of Victorian single-family homes and traditional brick 2-flats, all on oversized lots. The first floor and basement are duplexed with 5+ bedrooms and 2 bathrooms and good ceiling height. Nicely updated with newer finishes throughout. The kitchen features stone countertops, stainless steel appliances and an additional island for eating & prep. Enjoy a huge walk-in pantry and laundry is also located right off the kitchen. The top floor is a 3 bedroom 1 bathroom apartment with updated finishes, generous bedroom sizes, and great natural light. Enjoy the eat-in kitchen with a walk-in pantry and full laundry room. Outside there is a wonderfully landscaped front and side yard, providing fantastic curb appeal and plenty of space for a vegetable garden and yard. Behind the home is a paved hangout area, including a covered awning from the garage which provides abundant summertime shade. Enjoy BBQs and weather-protected play on this large back patio. 3 car garage and an additional 1 car outdoor parking pad. Excellent location, walking distance to the lovely retail corridor along Wrightwood avenue (Necessary & Sufficient Coffee, Sugarmoon Bakery), the bars and restaurants along Fullerton (Park & Field, Monster Ramen), and a tree-lined walk to the Logan Square Monument and CTA Blue Line. Massive Airbnb potential from the upstairs apartment. This is a great single family alternative.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1910
Parking Total 4
Exterior Building Type Brick
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 3
Parking Features Off Alley
Garage On-Site Yes
Parking Ownership Owned
Parking Garage,Space/s
MRD Virtual Tour None
Virtual Tour Date 02/07/2024 7:56 pm
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Logan Square
Corporate Limits Chicago
Directions Wrightwood to Drake. One Way South.
Elementary School Monroe Elementary School
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Steam
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan, Public
Jr High/Middle Dist 299
Township Jefferson
Interior Features
Basement Description Finished
Basement Full
Bedrooms Count 8
Bedrooms Possible 8
Baths Count 3
Full Baths in Building Count 3
Total Rooms 18
Units
unit 1
Beds Total 5
Baths Total 2
Appliances And Features Stove, Refrigerator, Washer, Dryer, Microwave, Window Air Conditioner
Full Baths Total 2
Lease Expiration Date 00/00
Rooms Total 12
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 3
Baths Total 1
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Window Air Conditioner
Full Baths Total 1
Lease Expiration Date 00/00
Rooms Total 6
Tenant Pays Electric, Gas, Heat
Floor Number 2
Property / Lot Details
Lot Dimensions 40 X 125
Lot Size Oversized Chicago Lot
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units

Financials

Financing Conventional
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 13264170220000
Special Assessments N
Taxes $9,614
Tax Exemptions Homeowner
Tax Year 2022
$885,000 Listing Price:
MLS # 11976221
Investment Profile Residential Income
Listing Market Time 114 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking Garage,Space/s
List Date 02/07/2024
Year Built 1910
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