Closed

$699,000

523 Drake Avenue, Chicago, IL 60624
6 Beds6 Baths5 days
523 Drake Avenue·Chicago, IL 60624
6Bedrooms
6Bathrooms
2022Year Built
About This Home

Stunning Newer Construction 3-Unit Property in Prime Chicago Location! Don't miss out on this exceptional investment opportunity! This newly built in 2022 3-unit property is situated on an extra-wide lot, offering spacious living in a highly sought-after neighborhood. Property Features Include - 2/2 units with stackable in-unit washer/dryer; all newer appliances, flooring, etc. The bedrooms are ample sized both the closets and 2 full bathrooms. Gorgeous Designer Kitchen with Off-White Cabinets, Large Island, Quartz Countertops, and Stainless Steel Appliances 2-car Garage plus One Additional Parking Space. With modern finishes, a functional layout, and a prime location, this property is perfect for investors seeking steady rental income and long-term growth potential. Don't wait-schedule a tour today and seize this great investment opportunity! 1 unit is vacant at the time of publishing. Call the Listing Agent for details. Unit approx sq ft are 1322 each

MLS# 12323228Listed April 2, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms6
Total Rooms15

Size & Structure

Garage Spaces2
Year Built2022
Lot Size4000

Location

CountyCook
TownshipWest Chicago
Zip Code60624

Financial

List Price$699,000
Annual Taxes (2023)$13,756
Monthly Tax Est.$1,146
Parcel #16112170100000
Interior Features

Heating

Natural GasForced Air

Basement

None
Exterior & Lot

Construction

Vinyl Siding

Foundation

Concrete Perimeter

Exterior Features

Other
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

Garage Door OpenerTandemOn SiteGarage OwnedDetachedOwnedGarage
Tax & Financial
Annual Taxes
$13,756
Tax Year 2023
Monthly Tax Est.
$1,146
per month
Property Location

523 Drake Avenue, Chicago, IL 60624Cook County

$699,000
523 Drake Avenue
6 bd6 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
5 days on market
2-car garage
4000
$13,756/yr taxes
$4,820
estimated monthly payment
Principal & Interest
$3,674/mo
Property Tax
$1,146/mo
$699,000
20% — $139,800
3%50%
6.875%
3%12%
Loan Amount
$559,200
Down Payment
$139,800

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

Listed by
Redfin Corporation
Agent: Stephanie Miller
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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