4340 N Drake Avenue, Chicago, IL 60618

Chicago
Local realty services provided by:ERA Naper Realty
4340 N Drake Avenue,Chicago, IL 60618
$499,000
  • 5 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sun, Jul 26
    01:00 pm - 03:00 pm
Listed by: manuela papazisi
Office: coldwell banker realty
MLS#:12714074
Source:MLSNI

Price summary

  • Price:$499,000

About this home

Super opportunity this 2-flat building with finished basement situated between Albany Park & Irving Park neighborhoods on the NW side of Chicago. It is a true value; an owner-occupied home + income or as a 2-3 units income investment. It can become a Single-Family conversion or total redevelopment. Either way this is a win win situation. The property offers two units 2bdr/1bth and the garden unit with 1bdr/1bth. Nice front yard and a beautiful flowery front porch for summer fun. An enclosed porch and 2 parking spaces in the back. Fenced yard and tons of security and privacy. Property sold "AS IS" but it has great bones and is waiting for your ideas. Located in amazing location: just steps from Montrose and blocks from Elston, within walking distance of Patrick Henry Elementary school, CTA busses & Kimball Brown Line and close to expressway. This building is in a very hot neighborhood where opportunities like this rarely arise!

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Home facts

  • Year built:1901
  • Listing ID #:12714074
  • Updated:July 26, 2026 at 01:28 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:9
  • Basement Description:Finished, Full

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1901
  • Architectural Style:Victorian

Schools

  • Elementary school:Patrick Henry Elementary School

Utilities

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

Finances and disclosures

  • Price:$499,000
  • Tax amount:$7,411 (2024)

Parking

  • Total parking spaces:2
  • Parking description:Off Alley
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