Hot Logan Square Legal 3 Unit building with $76,800 in current rental income with room to add value and increase income! Partially finished basement previously used as a 4th non-conforming garden unit. Perfect for investors or owner-occupants-current leases thru 6/30/24 (units 1 and 2) and 7/31/24 (unit 3), however all leases have kick-out clauses. Many updates have been done in last few years, including new back porch (2018), new landscaping (2018), new kitchen appliances in all units (2018), in-unit washer/dryer hookups + new machines added to each unit (2020), central heat and air with new furnaces and new air conditioners for each unit (2019-2022), bathrooms remodeled in each unit (2020-2022), new roof (2022), new siding (2023). 2 car garage with a nice yard. Great location with easy access to train and entertainment, vintage details, modern updates, and hardwood floors make this an attractive and easy rental for tenants. walkscore rates it a "walker's paradise" with a Walk Score of 93 and a "biker's paradise" with a Bike Score of 95. Schedule your showing--this one won't last long. Multiple offers received--please submit highest and best offer by midnight 9/13.
Closed
$785,890
2432 N Drake Ave, Chicago, IL 60647
8beds
--sqft
Multi Family
Built in 1910
-- sqft lot
$1,027,800 Zestimate®
$--/sqft
$2,541 Estimated rent
Home value
$1,027,800
$946,000 - $1.12M
$2,541/mo
Zestimate® history
Owner options
List your home for rent
$2,541/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,541/mo
Rent Zestimate®
Refinance and save
$5,488/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$5,488/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Modern updatesNew back porchCentral heatEasy access to trainVintage detailsNew air conditionersNew kitchen appliances
Zillow last checked:
Listing updated:
Listing courtesy of:
Alan Beron 773-726-8506,
ChiReal LLC
Bought with:
Brian Aurelio
@properties Christie's International Real Estate
Source: MRED as distributed by MLS GRID,MLS#: 11870330
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
Features
- Basement: Partially Finished,Full
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener, On Site, Garage Owned, Attached, Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Lot
- Size: 3,375 sqft
Details
- Parcel number: 13264230250000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & neighborhood
Location
- Region: Chicago
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2023 | Sold | $785,890-1.8% |
Source:  MRED as distributed by MLS GRID #11870330 Report a problem | ||
| 10/23/2023 | Pending sale | $800,000 |
Source: MRED as distributed by MLS GRID #11870330 Report a problem | ||
| 9/15/2023 | Contingent | $800,000 |
Source: MRED as distributed by MLS GRID #11870330 Report a problem | ||
| 9/9/2023 | Listed for sale | $800,000+22.1% |
Source: MRED as distributed by MLS GRID #11870330 Report a problem | ||
| 5/14/2018 | Sold | $655,200+1% |
Source: MRED as distributed by MLS GRID #09891228 Report a problem | ||
| 3/27/2018 | Pending sale | $649,000 |
Source: Mark Allen Realty LLC #09891228 Report a problem | ||
| 3/21/2018 | Listed for sale | $649,000 |
Source: Mark Allen Realty LLC #09891228 Report a problem | ||
| 2/6/2016 | Listing removed | $1,200 |
Source: GenRealty Report a problem | ||
| 1/19/2016 | Listed for rent | $1,200 |
Source: GenRealty Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $62,000 +10.7% |
| 2023 | $11,156 +2.8% | $56,002 |
| 2022 | $10,852 +2.1% | $56,002 |
| 2021 | $10,627 +23.3% | $56,002 +34.4% |
| 2020 | $8,620 -10.7% | $41,657 -13% |
| 2019 | $9,655 +2.1% | $47,882 |
| 2018 | $9,458 +17.5% | $47,882 +28.1% |
| 2017 | $8,049 +7.5% | $37,390 |
| 2016 | $7,489 +9.3% | $37,390 |
| 2015 | $6,852 -0.5% | $37,390 +0.8% |
| 2014 | $6,883 +2% | $37,099 |
| 2013 | $6,747 +1.4% | $37,099 |
| 2012 | $6,657 +6.7% | $37,099 -3.7% |
| 2011 | $6,242 -0.4% | $38,520 |
| 2010 | $6,268 +4.4% | $38,520 |
| 2009 | $6,007 -5.5% | $38,520 -13% |
| 2008 | $6,355 +1% | $44,300 |
| 2007 | $6,292 -1.1% | $44,300 |
| 2006 | $6,360 +15.1% | $44,300 +31% |
| 2005 | $5,524 +1% | $33,809 |
| 2004 | $5,469 +2.2% | $33,809 |
| 2003 | $5,350 +18.8% | $33,809 +34.8% |
| 2002 | $4,505 +12.9% | $25,073 |
| 2001 | $3,991 +39.9% | $25,073 |
| 2000 | $2,852 -0.2% | $25,073 +48.8% |
| 1999 | $2,859 | $16,847 |
Find assessor info on the county website
Neighborhood: Logan Square
Nearby schools
GreatSchools rating
- 4/10Monroe Elementary SchoolGrades: PK-8Distance: 0.3 mi
- 1/10Kelvyn Park High SchoolGrades: 7-12Distance: 1 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,027,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,027,800
- Illinois
- Cook County
- Chicago
- 60647
- Logan Square
- 2432 N Drake Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Chicago Topics
