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    1002 N Drake Avenue

    Chicago, IL 60651
    • $399,900
    • STATUS: Active Under Contract
    • ON SITE: 10 days
    • MLS #: 11108008
    Under Contract
    UPDATED: 135 min ago
    $399,900
    • 9
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1912
    County:

    School Ratings & Info

    School District:
    299

    Description

    Unique opportunity in red hot Humboldt Park! Outstanding 2-flat with noncorforming finished basement. Units are bigger than your average Chicago condo and building sits on an oversized lot. Each unit has a separate living, dining and kitchen areas. Each unit has high ceilings and comes with a large 3 bed/1bath with tenant-controlled central air and forced air heater --completely rehabbed in 2017 with independent water boilers and independent furnaces. Professionally managed laundry room with 2 sets of washers/dryers and a 2 car garage plus extra storage room. The building is perfect for owner-occupant looking to live for free or for an investor to capitalize on over $45,000/yr of rental income in an ideal location! Other than the second floor unit, all tenants have been paying on time throughout the pandemic. The building is steps from Humboldt Park with its 200 acres. Lots of amenities (soccer fields, tennis courts, baseball fields including Little Cubs Field, inland beach historic lagoons and a boat house). Property is sold "AS IS" and priced accordingly. Don't wait before it's too late!

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Littlefield Group | Keller Williams Realty. Based on information submitted to the MRED as of 2021-06-12T23:52:23.18 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    1002 N Drake Avenue Chicago, IL 60651

    • Price: $399,900
    • Status: Active Under Contract
    • Updated: 135 min ago
    • MLS #: 11108008
    9
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1912
    Built
    Neighborhood:
    Chi - Humboldt Park
    County:
    Cook
    Area:
    Chi - Humboldt Park
    School District:
    299
    Property Description
    Unique opportunity in red hot Humboldt Park! Outstanding 2-flat with noncorforming finished basement. Units are bigger than your average Chicago condo and building sits on an oversized lot. Each unit has a separate living, dining and kitchen areas. Each unit has high ceilings and comes with a large 3 bed/1bath with tenant-controlled central air and forced air heater --completely rehabbed in 2017 with independent water boilers and independent furnaces. Professionally managed laundry room with 2 sets of washers/dryers and a 2 car garage plus extra storage room. The building is perfect for owner-occupant looking to live for free or for an investor to capitalize on over $45,000/yr of rental income in an ideal location! Other than the second floor unit, all tenants have been paying on time throughout the pandemic. The building is steps from Humboldt Park with its 200 acres. Lots of amenities (soccer fields, tennis courts, baseball fields including Little Cubs Field, inland beach historic lagoons and a boat house). Property is sold "AS IS" and priced accordingly. Don't wait before it's too late!
    Exterior Features

    Exterior Building Type Brick Foundation Details Concrete Perimeter Garage On Site Yes Garage Ownership Owned Garage Type Detached Number Of Cars 2 Parking Garage Unit1 Floor Level 1 Unit2 Floor Level 2 Unit3 Floor Level G Waterfront YN No

    Interior Features

    3 Bedroom Unit In Building Yes Appliances Features Unit1 StoveRefrigeratorMicrowaveCentral Air Conditioner Appliances Features Unit2 StoveRefrigeratorMicrowaveCentral Air Conditioner Appliances Features Unit3 StoveRefrigerator Basement FullWalkout Basement Description FinishedExterior Access Bathrooms Total Integer 3 Bedrooms Below Grade 0 Bedrooms Possible 9 Full Baths In Building 3 Full Baths In Unit1 1 Full Baths In Unit2 1 Full Baths In Unit3 1 Half Baths In Building 0 Half Baths In Unit1 0 Half Baths In Unit2 0 Half Baths In Unit3 0 Heating Natural Gas Number Of Bedrooms Unit1 3 Number Of Bedrooms Unit2 3 Number Of Bedrooms Unit3 3 Number Of Rooms Unit1 7 Number Of Rooms Unit2 7 Number Of Rooms Unit3 7 Room Type Enclosed Porch Rooms Total 14

    Property Features

    Additional Parcels YN No Age Description 100+ Years Built Before1978 YN Yes Corporate Limits Chicago General Information None Lease Exp Date Mo Yr Unit1 7/21 Lease Exp Date Mo Yr Unit2 M/M Lease Exp Date Mo Yr Unit3 12/21 Lot Size Less Than .25 Acre Lot Size Dimensions 30X125 New Construction YN No Property Sub Type 3 Flat Rebuilt YN No Rehab Year 2017 Rehab YN Yes Security Deposit Unit1 0 Security Deposit Unit2 0 Security Deposit Unit3 0 Sewer Public Sewer Special Assessments N Special Listing Conditions None Special Service Area N Tax Annual Amount 4067.1 Tax Year 2019 Tenant Pays Unit1 ElectricGasHeat Tenant Pays Unit2 ElectricGasHeat Tenant Pays Unit3 ElectricGasHeat Unit1 Rent 1175 Unit2 Rent 1275 Unit3 Rent 1167 Water Source Public Zoning Multi

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of 24 Hour Real Estate Llc.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Littlefield Group | Keller Williams Realty. Based on information submitted to the MRED as of 2021-06-12T23:52:23.18 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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