Welcome to 3006 S. Drake Avenue, a meticulously maintained legal 2-Flat located in the heart of the vibrant Little Village neighborhood of Chicago. Updated from nearly top to bottom, this property offers an excellent opportunity for an investor to come into a turnkey, fully leased scenario with little to do. The top unit is a duplex which spans two levels and features 3 bedrooms and 2 bathrooms, boasting a complete renovation in 2018 with all new windows, kitchen, bathrooms, appliances and flooring. The lower unit, fully rehabbed in 2022, includes 2 bedrooms, 1 bathroom, and all new windows, kitchen, bathroom, appliances, and HVAC. Both units enjoy separate HVAC systems, water heaters, washer/dryers, ranges, refrigerators, and microwaves, ensuring maximum comfort and convenience for all residents. Completing this fantastic property is a beautifully landscaped yard perfect for relaxation and gatherings, along with a two-car garage accessible via the alley. Other recent upgrades include a new roof in 2023 and new electrical panels for both units. All utilities are separately metered, owner only pays for water / city trash service. Nestled in a culturally rich area known for its diversity and friendly community, this property is conveniently located off the Steven Expressway and between Cicero Avenue and Western Avenue, providing easy access to all parts of the city. The Little Village neighborhood is renowned for its vibrant atmosphere, with an array of local shops, eateries, and cultural events that make it a bustling and welcoming community. Don't miss this exceptional opportunity to own a piece of Little Village's charm and culture. Book a showing today!
Closed
$397,500
3006 S Drake Ave, Chicago, IL 60623
5beds
--sqft
Multi Family
Built in 1903
-- sqft lot
$429,600 Zestimate®
$--/sqft
$2,122 Estimated rent
Home value
$429,600
$382,000 - $481,000
$2,122/mo
Zestimate® history
Owner options
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$2,803/mo
Est. payment
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Est. payment
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List your homeWhat's special
All new windowsBeautifully landscaped yardTwo-car garageSeparate hvac systems
Zillow last checked:
Listing updated:
Listing courtesy of:
Andrew Dorazio 773-779-6085,
Fitzgerald Real Estate Inc.
Bought with:
Laura Rodriguez
Agent 1 Realty Group LLC
Source: MRED as distributed by MLS GRID,MLS#: 12088391
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Forced Air
Features
- Basement: None
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener, On Site, Detached, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Lot
- Size: 3,125 sqft
- Dimensions: 25X125
Details
- Parcel number: 16264240260000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1903
- Major remodel year: 2022
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & neighborhood
Location
- Region: Chicago
Other
Other facts
- Listing terms: FHA
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 1/17/2025 | Sold | $397,500 |
Source:  MRED as distributed by MLS GRID #12088391 Report a problem | ||
| 11/1/2024 | Contingent | $397,500 |
Source: MRED as distributed by MLS GRID #12088391 Report a problem | ||
| 10/24/2024 | Price change | $397,500-0.6% |
Source: MRED as distributed by MLS GRID #12088391 Report a problem | ||
| 8/23/2024 | Price change | $399,900-2.4% |
Source: MRED as distributed by MLS GRID #12088391 Report a problem | ||
| 7/15/2024 | Price change | $409,900-2.4% |
Source: MRED as distributed by MLS GRID #12088391 Report a problem | ||
| 6/25/2024 | Listed for sale | $420,000+162.5% |
Source: MRED as distributed by MLS GRID #12088391 Report a problem | ||
| 6/5/2018 | Sold | $160,000-3% |
Source: MRED as distributed by MLS GRID #09896032 Report a problem | ||
| 4/2/2018 | Pending sale | $165,000 |
Source: RE/MAX Partners #09896032 Report a problem | ||
| 3/26/2018 | Price change | $165,000-2.9% |
Source: RE/MAX Partners #09896032 Report a problem | ||
| 12/27/2017 | Price change | $169,900-2.9% |
Source: RE/MAX Partners #09896032 Report a problem | ||
| 12/8/2017 | Price change | $174,900-2.8% |
Source: RE/MAX Partners #09896032 Report a problem | ||
| 11/21/2017 | Listed for sale | $179,900 |
Source: RE/MAX Partners #09896032 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $21,000 +10.5% |
| 2023 | $3,309 +3.3% | $18,999 |
| 2022 | $3,204 +1.7% | $18,999 |
| 2021 | $3,151 +51.4% | $18,999 +52.6% |
| 2020 | $2,082 -28.4% | $12,447 -14% |
| 2019 | $2,908 +1.7% | $14,474 |
| 2018 | $2,859 -21.4% | $14,474 -14.3% |
| 2017 | $3,637 +7.5% | $16,894 |
| 2016 | $3,384 +9.3% | $16,894 |
| 2015 | $3,096 +39.1% | $16,894 +40.8% |
| 2014 | $2,226 -15.5% | $11,996 -17.2% |
| 2013 | $2,634 +1.4% | $14,483 |
| 2012 | $2,599 +1.5% | $14,483 -8.4% |
| 2011 | $2,561 -11% | $15,804 -10.6% |
| 2010 | $2,878 +4.4% | $17,685 |
| 2009 | $2,758 -17.3% | $17,685 -23.9% |
| 2008 | $3,333 +1% | $23,238 |
| 2007 | $3,300 -1.1% | $23,238 |
| 2006 | $3,336 +29.4% | $23,238 +47.3% |
| 2005 | $2,577 +1% | $15,772 |
| 2004 | $2,551 +2.2% | $15,772 |
| 2003 | $2,496 +8.8% | $15,772 +23.5% |
| 2002 | $2,295 +3.7% | $12,773 |
| 2001 | $2,212 +11.2% | $12,773 |
| 2000 | $1,990 -0.7% | $12,773 +23.3% |
| 1999 | $2,003 | $10,358 |
Find assessor info on the county website
Neighborhood: Little Village
Nearby schools
GreatSchools rating
- NAOrtiz De Dominguez Elementary SchoolGrades: PK-2Distance: 0.2 mi
- 4/10Gary Elementary SchoolGrades: PK,3-8Distance: 0.3 mi
- 1/10Farragut Career Academy High SchoolGrades: 9-12Distance: 0.8 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.
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Estimated market value
$429,600
Get a cash offer in 3 minutes
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Estimated market value
$429,600
- Illinois
- Cook County
- Chicago
- 60623
- Little Village
- 3006 S Drake Ave
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Nearby neighborhoods
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