3315 N Drake Ave Chicago, IL 60618
Avondale NeighborhoodEstimated payment $4,983/month
Highlights
- Gated Community
- Property is near a park
- 1-minute walk to Avondale Park
About This Home
Custom refined multi-family with in-law suite and tons of smart home features in Avondale! Whether you're looking for an investment property or a home for the extended family, this property provides endless possibilities, featuring two remarkable units and a private in-law suite. UNIT 1 (MAIN FLOOR): The open-concept layout features a spacious living and dining area filled with west facing natural light, complemented by original hardwood floors, beautiful trim, and historic crown molding-all stripped and stained to perfection. The updated kitchen is a dream, complete with stainless steel appliances, granite countertops, and ample storage space, including an updated corner pantry nook. There are two unique bedrooms, offering sizable closet space, and updated bathroom which round out this floor as a stylish and functional living space. This unit is equipped with a Savant whole-home control system that allows management of lighting, climate, shades, security, and entertainment with ease. Enjoy seamless integration with in-ceiling speakers, TVs, and strategically placed security cameras, ensuring both comfort and peace of mind at all times. UNIT 2 (SECOND FLOOR): The second unit offers a similarly generous light-filled living room, and features two large bedrooms, and cozy bathroom, ideal for tenants or AirBnB, providing the comfort and privacy needed in a highly desirable location. IN-LAW SUITE (LOWER LEVEL):The lower level includes a self-contained in-law suite with a private front/back entrance, making it perfect for extended family, guests, or owner occupants. This floor includes a cozy living area, one bedroom, a den space (previously a 2nd bedroom), a full bathroom, a full kitchen, and additional storage room. With the flexibility to be rented out or used as a private retreat, this suite adds exceptional value. UTILITY: Both units include their own boiler, water heater, electric, and gas. OUTDOOR AREA: The property features a large, well-maintained garden area w/ brick pavers, and 2015 garage w/ party door, providing plenty of functionality for outdoor entertainment. Whether you're hosting a BBQ, gardening, or simply relaxing, the fenced-in yard provides privacy and a tranquil setting. Avondale park is just steps away offering a playground, pool, and splash pad. Conveniently located near the Belmont Blue-line and Belmont CTA bus route, 90/94, and Logan Square. The perfect building for every type of investor!
Listing Agent
@properties Christie's International Real Estate License #475165817 Listed on: 08/27/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,898
Year Built
- Built in 1926 | Remodeled in 2017
Parking
- 2 Car Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 3 Bathrooms
Schools
- Reilly Elementary School
- Schurz High School
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 25x125
- Property is near a park
Community Details
- 2 Units
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2025 09/11/25 | Price Changed | $799,900 | -3.0% | -- |
| 08/27/2025 08/27/25 | For Sale | $825,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12453943
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