Closed

$399,900

3040 Drake Avenue, Chicago, IL 60618
8 Beds3 Baths79 days
3040 Drake Avenue·Chicago, IL 60618
8Bedrooms
3Bathrooms
1886Year Built
About This Home

Exciting investment opportunity in Avondale! This 3-unit building features two 3-bedroom units and a lower-level unit with 2 bedrooms. There is also a rear 2 unit coach house with 2 bedrooms and 1 full bath in each unit. Conveniently located near public transportation, the expressway, and a variety of restaurants. This property is ideal for savvy investors looking to renovate and capitalize on this promising opportunity in a highly desired location.

MLS# 12149727Listed August 28, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms3
Total Rooms17

Size & Structure

Year Built1886
Lot Size0.09

Location

CountyCook
TownshipJefferson
Zip Code60618

Financial

List Price$399,900
Annual Taxes (2022)$16,108
Monthly Tax Est.$1,342
Parcel #13262080320000
Interior Features

Heating

Natural GasForced Air

Basement

UnfinishedPartial
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan
Tax & Financial
Annual Taxes
$16,108
Tax Year 2022
Monthly Tax Est.
$1,342
per month
Property Location

3040 Drake Avenue, Chicago, IL 60618 — Cook County

$399,900
3040 Drake Avenue
8 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
79 days on market
0.09
$16,108/yr taxes
$3,444
estimated monthly payment
Principal & Interest
$2,102/mo
Property Tax
$1,342/mo
$399,900
20% — $79,980
3%50%
6.875%
3%12%
Loan Amount
$319,920
Down Payment
$79,980

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Crosstown Realtors, Inc.
Agent: Daniel Robinson
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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