Closed
$542,900
4038 N Drake Ave, Chicago, IL 60618
6beds
--sqft
Multi Family
Built in 1905
-- sqft lot
$687,500 Zestimate®
$--/sqft
$2,595 Estimated rent
Home value
$687,500
$633,000 - $749,000
$2,595/mo
Zestimate® history
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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: 8 hours ago
Listing updated: September 17, 2023 at 01:01am
Listing courtesy of:
Leigh Marcus 773-850-3290,
@properties Christie's International Real Estate
Bought with:
Cecille Plurad
Coldwell Banker Realty
Source: MRED as distributed by MLS GRID,MLS#: 11785320
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: Finished,Exterior Entry,Full,Daylight
Property
Parking
- Total spaces: 3
- Parking features: On Site, Garage Owned, Detached, 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, Storm Sewer
- Water: Lake Michigan, Public
Community & neighborhood
Security
- Security features: Security System
Location
- Region: Chicago
Other
Other facts
- Listing terms: FHA
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 9/14/2023 | Sold | $542,900-1.3% |
Source: | ||
| 9/8/2023 | Pending sale | $550,000 |
Source: | ||
| 8/15/2023 | Contingent | $550,000 |
Source: | ||
| 7/20/2023 | Listed for sale | $550,000+32.5% |
Source: | ||
| 9/27/2007 | Sold | $415,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Neighborhood: Irving Park
Nearby schools
GreatSchools rating
- 7/10Murphy Elementary SchoolGrades: PK-8Distance: 0.4 mi
- 1/10Roosevelt High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Murphy Elementary School
- High: Roosevelt High School
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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$687,500
2% more+ $13,750
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$701,250
