1002 N Drake Ave Chicago, IL 60651
Humboldt Park NeighborhoodEstimated payment $3,473/month
Total Views
31,830
9
Beds
3
Baths
--
Sq Ft
--
Price per Sq Ft
About This Home
Exceptional Investment Opportunity in Hot Humboldt Park! This solid, fully rehabbed legal 3-flat offers strong income potential and modern upgrades throughout. Each spacious unit features 3 full bedrooms and recently updated kitchens with stainless steel appliances including refrigerator, stove, microwave, and dishwasher. Units 1 and 2 are equipped with central air. Independent furnaces and water heaters ensure tenant comfort and easy utility management. The basement includes a shared coin-operated laundry room with two washer/dryer sets, additional tenant-controlled heating and air, and a dedicated storage area. A detached 2-car garage generates additional rental income of $260 a month. Total monthly rent roll = $4,802. Don't miss this turnkey property-sold AS IS-in one of Chicago's fastest-growing neighborhoods!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,714
Year Built
- Built in 1912 | Remodeled in 2023
Parking
- 2 Car Garage
Home Design
- Brick Exterior Construction
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Potential Bedrooms
- 3 Bathrooms
Additional Features
- Enclosed Patio or Porch
- Lot Dimensions are 30x125
- Heating System Uses Natural Gas
Community Details
- 3 Units
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2025 06/26/25 | Price Changed | $550,000 | -2.7% | -- |
| 05/12/2025 05/12/25 | For Sale | $565,000 | +91.5% | -- |
| 03/15/2018 03/15/18 | Sold | $295,000 | 0.0% | -- |
| 11/09/2017 11/09/17 | Off Market | $295,000 | -- | -- |
| 08/03/2017 08/03/17 | For Sale | $280,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Similar Homes in Chicago, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12363230
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