4830 North Drake AvenueChicago, IL 60625Price: $1,500,000

  • Price: $1,500,000
  • 14 Days on Market
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Federal 30-year interest rate: 3.05% last updated on Oct 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1918Year Built

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This opportunity is located on Drake Ave in Albany Park. The property on Drake consists of (3) 3-bed / 1- bath units, (3) 3-bed / 2-bath units, and (1) 1- bed / 1-bath garden unit. The building has been renovated by the current owner, there are no major capital improvements that are needed. The units have huge layouts with large sunrooms adding to the already spacious living rooms. A new owner has the ability to purchase a stabilized seven unit building in a desirable neighborhood. Obtain proforma numbers by raising all rents to market rate.

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Listed by James Thompson and Matthew Fritzshall of Triton Realty Group LLC

Based on information submitted to MRED  as of October 19, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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