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    1804 S Drake Avenue

    Chicago, IL 60623
    • $280,000
    • STATUS: Active Under Contract
    • ON SITE: 100 days
    • MLS #: 11066624
    Under Contract
    UPDATED: 82 min ago
    $280,000
    • 8
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1908
    County:

    School Ratings & Info

    Description

    Great armchair investment with aggressive returns. Building was renovated in 2010 and features large 4 bedroom/1 bath units with parking in the rear. Section 8 vouchers proving pandemic proof income and potential to charge for parking in the rear. Laundry can be added in the basement for additional income and both units have central heat and air.

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or eXp Realty. Based on information submitted to the MRED as of 2021-08-04T23:52:47.543 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    1804 S Drake Avenue Chicago, IL 60623

    • Price: $280,000
    • Status: Active Under Contract
    • Updated: 82 min ago
    • MLS #: 11066624
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    1908
    Built
    Neighborhood:
    Chi - North Lawndale
    County:
    Cook
    Area:
    Chi - North Lawndale
    Property Description
    Great armchair investment with aggressive returns. Building was renovated in 2010 and features large 4 bedroom/1 bath units with parking in the rear. Section 8 vouchers proving pandemic proof income and potential to charge for parking in the rear. Laundry can be added in the basement for additional income and both units have central heat and air.
    Exterior Features

    Exterior Building Type Stone Number Of Cars 2 Parking Space/S Parking On Site Yes Parking Ownership Owned Parking Total 2 Unit1 Floor Level 1 Unit2 Floor Level 2 Waterfront YN No

    Interior Features

    3 Bedroom Unit In Building Yes Appliances Features Unit1 StoveRefrigeratorDishwasherMicrowaveCentral Air ConditionerHardwood Floors Appliances Features Unit2 StoveRefrigeratorDishwasherMicrowaveCentral Air ConditionerHardwood Floors Basement Partial Basement Description Partially Finished Bathrooms Total Integer 2 Bedrooms Below Grade 0 Bedrooms Possible 8 Full Baths In Building 2 Full Baths In Unit1 1 Full Baths In Unit2 1 Half Baths In Building 0 Half Baths In Unit1 0 Half Baths In Unit2 0 Heating Natural Gas Number Of Bedrooms Unit1 4 Number Of Bedrooms Unit2 4 Number Of Rooms Unit1 8 Number Of Rooms Unit2 8 Rooms Total 16

    Property Features

    Age Description 100+ Years Built Before1978 YN Yes Corporate Limits Chicago General Information None Gross Income 33804 Lease Exp Date Mo Yr Unit1 02/21 Lease Exp Date Mo Yr Unit2 11/21 Lot Size Less Than .25 Acre Lot Size Dimensions 25X150 New Construction YN No Property Sub Type 2 Flat Rebuilt YN No Rehab Year 2010 Rehab YN Yes Security Deposit Unit1 0 Security Deposit Unit2 0 Sewer Public Sewer Special Assessments N Special Listing Conditions List Broker Must Accompany Special Service Area N Tax Annual Amount 2821.54 Tax Year 2019 Tenant Pays Unit1 ElectricGas Tenant Pays Unit2 ElectricGas Unit1 Rent 1385 Unit2 Rent 1432 Water Source Lake Michigan Zoning Multi

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Sperry Van Ness.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or eXp Realty. Based on information submitted to the MRED as of 2021-08-04T23:52:47.543 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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