NOT LISTED FOR SALE
12 Beds
4 Baths
3,690 Sq Ft
-- Built

Last Sold March 12, 2021

Last sale price $565,000 $153 Per Sq Ft

10 Days on Market

Highlights

  • Brownstone
  • Detached Garage
  • Hot Water Heating System
  • Fenced Yard
  • Enclosed Patio or Porch
  • 3-minute walk to Drake Gardens

About This Home

As of March 2021

WELCOME TO THIS BEAUTIFUL UPDATED FROM TOP TO BOTTOM 2 FLAT IN THIS VIBRANT ALBANY PARK- CHICAGO. THIS BLDG PLUS A 3 CAR GARAGE IS SITUATED ON THE OVER 4500 SQ FT LOT LOCATED AT DRAKE AVE BETWEEN WILSON & LAWRENCE. IT IS ONE OF THE LARGEST 2 FLATS IN THE NEIGHBORHOOD. THIS 2 FLAT IS SO CONVENIENT BECAUSE IT IS VERY CLOSE TO RESTAURANTS, SHOPPING/GROCERY STORES AND PUBLIC TRANSPORTATION FROM BUS TO TRAIN (BROWN LINE) RIGHT IN THIS NEIGHBORHOOD. THIS BLDG IS GREAT BOTH FOR INVESTORS OR OCCUPIED OWNERS. YOU CAN GENERATE A GREAT AMOUNT OF CASH FLOW BECAUSE YOU CAN EASILY RENT OUT ANY UNIT IN THIS BLDG. THIS BLDG IS SO UNIQUE BECAUSE OF ITS ORIGINAL EXTERIOR LOOK & THE GREAT MODERN INTERIOR UPDATES. 2020 NEW WINDOWS FOR THE WHOLE BLDG, FLAT ROOF & THE GARAGE IS ONLY 5 YRS OLD, RECENTLY TUCKPOINTED. READY GAS LINE & WATER FOR THE WASHER & DRYER IN THE BASEMENT. IN THE 2ND UNIT, EVERYTHING IS GUTTED & REMODELED. THERE ARE 4 BEDROOMS, 1 FULL BATHROOM WITH HOOKED-UP READY WASHER & DRYER INSIDE THE UNIT. OPEN SPACE IDEA FROM THE LIVING ROOM TO THE KITCHEN & DINING ROOM. YOU CAN EXPERIENCE A GREAT OPEN LIVING SPACE HERE WITH 9 FT CEILINGS. EVERYTHING IS SO BRIGHT & NEW. THE LIGHTING IN THIS UNIT IS SO MODERN. NATURAL LIGHTS FLOW THROUGH BIG WINDOWS. DECORATIVE FIREPLACE ENHANCES THE LIVING ROOMAND BEAUTIFUL HARDWOOD FLOORS THROUGHOUT THE UNIT. GREAT FOR OWNER OCCUPIED UNITS. NOTHING TO DO ON THE FIRST UNIT. WHOLE UNIT IS FRESHLY PAINTED. THIS UNIT FEATURES 5 BEDROOMS, 2 FULL BATHS & IS CURRENTLY RENTED FOR $1800 MONTH-TO-MONTH TENANTS. THE UNIT IS VERY SPACIOUS WITH 9 FT HIGH CEILING. REFINISHED HARDWOOD FLOOR. BASEMENT IS FINISHED WITH 4 BEDROOMS AND 1 BATHROOM. VERY CLEAN GARDEN UNIT WITH CERAMIC TILES THROUGHOUT. 7 FT HIGH CEILING. ONE UNIQUE FEATURE: THERE IS A DUPLEX STAIR FROM THE KITCHEN OF THE FIRST UNIT DOWN TO THE BASEMENT. SO, YOU CAN ACCESS TO THE GARDEN UNIT FROM THE FRONT DOOR, BACK DOOR OR DOOR RIGHT AT THE KITCHEN OF UNIT 1. RADIATOR HEAT WITH 50 GALLONS WATER HEATER FOR THE WHOLE BLDG. SEPARATE ELECTRIC FOR UNIT 1 & UNIT 2. ELECTRIC IN THE GARDEN UNIT IS CONNECTED TO UNIT 1. ASK THE LISTING AGENT FOR MORE DETAILS ABOUT UTILITIES. NEITHER SELLER NOR LISTING AGENT REPRESENT THE LEGALITY OF THE GARDEN UNIT. THIS IS YOUR NEW YEARS RESOLUTION: DON'T MISS THIS GREAT OPPORTUNITY.

Last Agent to Sell the Property

Ryan Luu

Real People Realty License #471022102 Listed on: 01/15/2021

Real People Realty

Last Buyer's Agent

Elizabeth Avila

Baird & Warner

Baird & Warner

Property Details

Home Type

  • Multi-Family

Year Renovated

  • 2020

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brownstone
  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Enclosed Patio or Porch
  • Fenced Yard

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $1,000 Seller Concession

Property Details

Home Type

Multi-Family

Year Renovated

2020

Lot Details

0

Parking

3

Listing Details

  • Property Type: Two to Four Units
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 91-100 Years
  • Full Bathrooms: 4
  • Ownership: Fee Simple
  • Rehab Year: 2020
  • Total Full or Half Bathrooms: 4
  • Style Of House: Brownstone
  • Zoning Type: MULTI
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner
  • Type Multi: 2 Flat
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Number Of Rooms: 18
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 12
  • Above Grade Bedrooms: 12
  • Additional Rooms: Enclosed Porch

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Flat Roof
  • Exterior Property Features: Porch

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 4687 SQ FT
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 13142080240000

Rental Info

  • Total Rental Income: 21600

Multi Family

  • Total Number Unitsin Building: 2
  • Three Bedroom Number of Units: Yes
  • Full Baths In Building: 4

Tax Info

  • Taxes: 7842

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2021 03/12/21 Sold $565,000 -0.7% $153 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $569,000 -- $154 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10971631

Midwest Real Estate Data (MRED)

APN: 13142080240000