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  • $542,900

    4038 N Drake Ave, Chicago, IL 60618

    6beds
    --sqft
    Multi Family
    Built in 1905
    -- sqft lot
    $659,000 Zestimate®
    $--/sqft
    $3,239 Estimated rent

    What's special

    **BEING SOLD AS-IS** Welcome to this extraordinary 2-flat gem nestled in the highly sought-after Irving Park neighborhood! Situated on a generous 37.5' lot, this property boasts a unique combination of a spacious owners' duplex and an income-generating 2-bedroom unit. The owners' unit (or rental unit) is a true standout, thoughtfully upgraded with modern amenities to provide the utmost comfort and style. Stay cool during the warmer months with central air conditioning, and enjoy the luxury of an in-unit washer and dryer. The peaked ceilings and abundant windows create an inviting atmosphere, bathing the interior in natural light and lending an airy ambiance to the living spaces. Additionally, the income unit presents an excellent opportunity to provide accommodations for family members or if you're looking for an investment opportunity, this rental unit can thrive as a successful Airbnb (generating an impressive average income of approximately $24,000 annually). Embrace the vibrant and diverse neighborhood, adding to the allure of this property. With a plethora of amenities, convenient public transportation options, and an array of shops and restaurants within easy reach, you'll never have a shortage of things to do and explore. Outside, the expansive rear and side yards offer an inviting space for outdoor activities, gardening, and relaxation. Park your vehicles with ease in the two-car garage and take advantage of an additional space on the car pad. Unwind on the deck or porch, bask in the abundant greenery of the big yard, and experience the joys of owning a property with such incredible potential.Opportunities like this don't come around often. Whether you're an astute investor seeking a lucrative venture or a homeowner looking to enjoy the benefits of rental income, this 2-flat is an opportunity not to be missed. Discover the possibilities and imagine your future in this fantastic Irving Park home!

    Zillow last checked: 7 hours ago

    Listing updated: September 17, 2023 at 01:01am

    Listing courtesy of:

    Leigh Marcus 773-472-0200,

    @properties Christie's International Real Estate

    Bought with:

    Cecille Plurad

    Coldwell Banker Realty

    Source: MRED as distributed by MLS GRID,MLS#: 11785320MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
    Appliances
    • Included: Humidifier
    Features
    • Basement: Full,English

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage
    • Garage spaces: 3
    Lot
    • Size: 4,687 sqft
    • Dimensions: 37.5' X 125'
    Details
    • Parcel number: 13144240220000
    • Special conditions: List Broker Must Accompany
    • Other equipment: Ceiling Fan(s)

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Victorian
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1905
    • Major remodel year: 2018

    Utilities & green energy

    • Sewer: Public Sewer, Sewer-Storm
    • Water: Lake Michigan

    Community & neighborhood

    Security
    • Security features: Security System
    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: FHA
    • Ownership: Fee Simple
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $659,000
    2% more+ $13,180
    With Zillow Showcase(estimated)
    $672,180