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SOLD
$565,000
Date 03/12/2021

4616 N Drake Avenue
Chicago, IL 60625

Multi-Family
Residential
12
Beds
4
Baths
N/A
Acre Lot
Courtesy: Century 21 Universal
Agent Websites> Illinois> Chicago> 60625
WELCOME TO THIS BEAUTIFUL UPDATED FROM TOP TO BOTTOM 2 FLAT IN THIS VIBRANT ALBANY PARK- CHICAGO. THIS BLDG PLUS A 3 CAR GARAGE IS SITUATED ON THE OVER 4500 SQ FT LOT LOCATED AT DRAKE AVE BETWEEN WILSON & LAWRENCE. IT IS ONE OF THE LARGEST 2 FLATS IN THE NEIGHBORHOOD. THIS 2 FLAT IS SO CONVENIENT BECAUSE IT IS VERY CLOSE TO RESTAURANTS, SHOPPING/GROCERY STORES AND PUBLIC TRANSPORTATION FROM BUS TO TRAIN (BROWN LINE) RIGHT IN THIS NEIGHBORHOOD. THIS BLDG IS GREAT BOTH FOR INVESTORS OR OCCUPIED OWNERS. YOU CAN GENERATE A GREAT AMOUNT OF CASH FLOW BECAUSE YOU CAN EASILY RENT OUT ANY UNIT IN THIS BLDG. THIS BLDG IS SO UNIQUE BECAUSE OF ITS ORIGINAL EXTERIOR LOOK & THE GREAT MODERN INTERIOR UPDATES. 2020 NEW WINDOWS FOR THE WHOLE BLDG, FLAT ROOF & THE GARAGE IS ONLY 5 YRS OLD, RECENTLY TUCKPOINTED. READY GAS LINE & WATER FOR THE WASHER & DRYER IN THE BASEMENT. IN THE 2ND UNIT, EVERYTHING IS GUTTED & REMODELED. THERE ARE 4 BEDROOMS, 1 FULL BATHROOM WITH HOOKED-UP READY WASHER & DRYER INSIDE THE UNIT. OPEN SPACE IDEA FROM THE LIVING ROOM TO THE KITCHEN & DINING ROOM. YOU CAN EXPERIENCE A GREAT OPEN LIVING SPACE HERE WITH 9 FT CEILINGS. EVERYTHING IS SO BRIGHT & NEW. THE LIGHTING IN THIS UNIT IS SO MODERN. NATURAL LIGHTS FLOW THROUGH BIG WINDOWS. DECORATIVE FIREPLACE ENHANCES THE LIVING ROOMAND BEAUTIFUL HARDWOOD FLOORS THROUGHOUT THE UNIT. GREAT FOR OWNER OCCUPIED UNITS. NOTHING TO DO ON THE FIRST UNIT. WHOLE UNIT IS FRESHLY PAINTED. THIS UNIT FEATURES 5 BEDROOMS, 2 FULL BATHS & IS CURRENTLY RENTED FOR $1800 MONTH-TO-MONTH TENANTS. THE UNIT IS VERY SPACIOUS WITH 9 FT HIGH CEILING. REFINISHED HARDWOOD FLOOR. BASEMENT IS FINISHED WITH 4 BEDROOMS AND 1 BATHROOM. VERY CLEAN GARDEN UNIT WITH CERAMIC TILES THROUGHOUT. 7 FT HIGH CEILING. ONE UNIQUE FEATURE: THERE IS A DUPLEX STAIR FROM THE KITCHEN OF THE FIRST UNIT DOWN TO THE BASEMENT. SO, YOU CAN ACCESS TO THE GARDEN UNIT FROM THE FRONT DOOR, BACK DOOR OR DOOR RIGHT AT THE KITCHEN OF UNIT 1. RADIATOR HEAT WITH 50 GALLONS WATER HEATER FOR THE WHOLE BLDG. SEPARATE ELECTRIC FOR UNIT 1 & UNIT 2. ELECTRIC IN THE GARDEN UNIT IS CONNECTED TO UNIT 1. ASK THE LISTING AGENT FOR MORE DETAILS ABOUT UTILITIES. NEITHER SELLER NOR LISTING AGENT REPRESENT THE LEGALITY OF THE GARDEN UNIT. THIS IS YOUR NEW YEARS RESOLUTION: DON'T MISS THIS GREAT OPPORTUNITY.
10971631
Multi-Family, Other
12
Cook
4 Full
Lake Michigan
Brick
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

Transit Score

Bike Score

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Courtesy: Century 21 Universal
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Information is deemed reliable but is not guaranteed.