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Off market
  • $622,400

    4037 N Drake Ave, Chicago, IL 60618

    5beds
    2,172sqft
    MultiFamily
    Built in 1910
    -- sqft lot
    $622,400 Zestimate®
    $287/sqft
    $2,470 Estimated rent

    Home value

    $622,400

    $579,000 - $672,000

    $2,470/mo

    Zestimate® history
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    $4,346/mo

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    What's special

    Amazing 2 flat with great natural light, tall ceilings, hardwood floors, original wood trim with gorgeous built ins. Building has been impeccably maintained (a new furnace too!). Separate utilities, laundry in both units, private decks for each apartment, 2 car garage, large yard. Ideal income producing property has a bright & sunny top floor with three bed one bath and a first floor with two bed one bath. Incredible potential to build an owner's unit up into attic or down into a full basement with high ceilings. Located in the friendly Irving Park neighborhood with Victorian architecture & United Nations-like assortment of restaurants. Walking distance to public transit, restaurants, & night life including Parachute, The Abbey Pub, Honey Butter Fried Chicken, Smoque BBQ, Chicago Taco Authority, Hearth and Crust, Bread and Wine & regular farmer's market at Independence Park. 2017 Taxes appealed & successfully reduced to $5,215.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Refrigerator, Washer
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 2,172 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 3,049 sqft
    Details
    • Parcel number: 1314425009

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1910

    Utilities & green energy

    • Sewer: Sewer-Public

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Built Before 1978 (Y/N): Yes
    • Foundation: Concrete
    • Sewer: Sewer-Public
    • Water: Public, Lake Michigan
    • Listing Type: Exclusive Right To Sell
    • Parking Type: Garage
    • Equipment: Ceiling Fan
    • Other Information: Commuter Bus
    • Exterior Building Type: Frame
    • Age: 100+ Years
    • Type-Multi: 2 Flat
    • Status: Pending
    • Appliances/Features Unit 1: Stove, Garage/Space, Laundry Hook-Up
    • 3 Br Un In Bldg (Y/N): Yes
    • Other Addl Income: Garage/s
    • Green Features: Native/drought resistant landscaping
    • Bath Amenities: Soaking Tub
    • Area Amenities: Curbs/Gutters, Street Lights, Street Paved, Sidewalks
    • Garage On-Site: Yes
    • Recent Rehab (Y/N): Yes
    • Is Parking Included in Price: Yes
    • Appliances/Features Unit 2: Stove, Laundry Hook-Up, Garage/Space
    • Lot Dimensions: 25X125
    • Tenant Pays - Unit 1: Electric, Gas, Heat
    • Tenant Pays - Unit 2: Electric, Gas, Heat
    • Garage Ownership: Owned
    • Exterior Property Features: Balcony
    • Additional Media Type 1: 3D Tour
    • Tax Year: 2017
    • Total Sq Ft - Unit 1: 1123
    • Parcel Identification Number: 13144250090000

    Price history

    DateEventPrice
    11/30/2018Sold$385,000-2.5%$177/sqft
    Source: MRED as distributed by MLS GRID #10086617 Report a problem
    9/24/2018Pending sale$395,000$182/sqft
    Source: @properties #10086617 Report a problem
    9/18/2018Listed for sale$395,000+16.5%$182/sqft
    Source: @properties #10086617 Report a problem
    4/8/2015Listing removed$339,000$156/sqft
    Source: @properties #08842864 Report a problem
    4/8/2015Pending sale$339,000+2.4%$156/sqft
    Source: @properties #08842864 Report a problem
    4/6/2015Sold$331,000-2.4%$152/sqft
    Source: MRED as distributed by MLS GRID #08842864 Report a problem
    2/20/2015Listed for sale$339,000+48%$156/sqft
    Source: @properties #08842864 Report a problem
    7/15/1999Sold$229,000+74.1%$105/sqft
    Source: Public Record Report a problem
    3/25/1999Sold$131,500$61/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $41,139 +45%
    2023$5,305 -12.6%$28,369 -13.6%
    2022$6,071 -18.1%$32,830 -18.1%
    2021$7,413 +7.2%$40,076 +29.5%
    2020$6,918 -2.4%$30,946 -12%
    2019$7,089 -9.2%$35,166 -10.7%
    2018$7,805 +49.6%$39,384 +63.1%
    2017$5,217 -19%$24,154 -24.6%
    2016$6,437 +9.3%$32,029
    2015$5,890 +5.3%$32,029 +6.6%
    2014$5,595 +2%$30,043
    2013$5,484 +10.9%$30,043
    2012$4,943 -5.5%$30,043 -17.3%
    2011$5,229 +2.1%$36,310
    2010$5,120 +8.1%$36,310
    2009$4,737 -7.9%$36,310 -14.7%
    2008$5,145 +8.3%$42,578
    2007$4,749 +19%$42,578
    2006$3,992 +23.7%$42,578 +77.5%
    2005$3,226 +1.9%$23,982
    2004$3,166 +4.5%$23,982
    2003$3,031 -5.4%$23,982 +22%
    2002$3,204 +4.9%$19,658
    2001$3,054 +1.4%$19,658
    2000$3,012 -0.7%$19,658 +25.4%
    1999$3,033 $15,681

    Find assessor info on the county website

    Neighborhood: Irving Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $622,400
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    Estimated market value
    $622,400