Closed

$530,000

3248 Drake Avenue, Chicago, IL 60618
4 Beds3 Baths13 days
3248 Drake Avenue·Chicago, IL 60618
4Bedrooms
3Bathrooms
1898Year Built
About This Home

Discover this rare opportunity in Avondale! For the first time in nearly 30 years, this lovingly maintained multiunit property is ready for a new chapter. Whether you're an investor seeking excellent rental potential or a homeowner looking to maximize your living space, this property offers endless possibilities.Featuring two units, a two-car garage, and a backyard equipped with a sprinkler system, this home is perfect for outdoor enjoyment during warm summer days and crisp fall evenings. Nestled just blocks from Avondale Park and close to local schools, the location is ideal for families or tenants alike.Convenience is key, and this property delivers with easy access to the expressway and public transit options, including the train station, Belmont bus stop, and Kimball buses just a few blocks away. Shopping and dining are just around the corner, with popular spots like TJ Maxx, Home Depot, Portillo's, and a variety of restaurants and bars only minutes away.This is an exceptional opportunity to own a well-cared-for property in a highly sought-after neighborhood. Don't let it slip away-schedule your showing today!

MLS# 12277687Listed January 25, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms3
Total Rooms5

Size & Structure

Garage Spaces2
Year Built1898
Lot Size0.072

Location

CountyCook
TownshipJefferson
Zip Code60618

Financial

List Price$530,000
Annual Taxes (2023)$7,984
Monthly Tax Est.$665
Parcel #13234060520000
Interior Features

Heating

Natural GasForced Air

Basement

None
Exterior & Lot

Construction

Vinyl Siding
Utilities & Parking

Water Source

Public

Parking

On SiteDetachedGarage
Tax & Financial
Annual Taxes
$7,984
Tax Year 2023
Monthly Tax Est.
$665
per month
Property Location

3248 Drake Avenue, Chicago, IL 60618 — Cook County

$530,000
3248 Drake Avenue
4 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
13 days on market
2-car garage
0.072
$7,984/yr taxes
$3,451
estimated monthly payment
Principal & Interest
$2,785/mo
Property Tax
$665/mo
$530,000
20% — $106,000
3%50%
6.875%
3%12%
Loan Amount
$424,000
Down Payment
$106,000

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

Listed by
Realty of America, LLC
Agent: Javier Alday
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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