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Sold for $715,000
  • $715,000

    4722 N Drake Ave, Chicago, IL 60625

    5beds
    --sqft
    Multi Family
    Built in 1915
    -- sqft lot
    $787,200 Zestimate®
    $--/sqft
    $1,811 Estimated rent

    Home value

    $787,200

    $748,000 - $827,000

    $1,811/mo

    Zestimate® history
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    What's special

    **Multiple Offers Received** Highest & Best requested by May 9th at noon.** Hard to find 2 flat armchair investment property just 5 mins to Brown line in hot Albany Park! Both bright, beautiful condo quality units were meticulously renovated in 2017. Gut rehabbed modern center island kitchens with 42'' white shaker cabinets, quartz counters, stainless steel appliances & subway tile backsplashes. Adorable gut rehabbed vintage style full hall baths in each unit. Both floors have have all their original architectural details intact: oak floors, doors, crown molding & built-in hutches. All units have separate utils & in-unit w/d, virtually no upkeep besides lawn care/snow removal and routine maintenance. Private back decks overlook fenced yard. All new plumbing, electric, HVAC, windows, tear off roof, siding, skylights, insulation in 2017. Close to Lincoln Square & 90/94. Extra wide 30' lot allows nice front + back yards. 3 car garage built at time of rehab allows one garage for each unit. Perfect investment in truly turn key condition. Massive attic with 7 skylights has duplex up potential for possible future owners unit. The ideal use for this building would be to duplex up and duplex down for two huge owners units or convert to SFH. (Full set of drawings are available for SFH conversion). Amazing restaurants within walking distance and awesome Gompers Park nearby which connects to N. Branch Trail. Owner is IL LIC RE Broker.

    Zillow last checked:

    Bought with:

    , karlvogel@atproperties.com

    @properties

    Source: @Properties sold,MLS#: 12043736

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas
    Features
    • Has basement: Yes

    Property

    Details
    • Parcel number: 1314200021

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl
    Condition
    • Year built: 1915

    Community & neighborhood

    Location
    • Region: Chicago

    Price history

    DateEventPrice
    6/17/2024Sold$715,000+2.2%
    Source: MRED as distributed by MLS GRID #12043736 Report a problem
    6/13/2024Pending sale$699,900
    Source: MRED as distributed by MLS GRID #12043736 Report a problem
    5/10/2024Contingent$699,900
    Source: MRED as distributed by MLS GRID #12043736 Report a problem
    5/1/2024Listed for sale$699,900-6.4%
    Source: MRED as distributed by MLS GRID #12043736 Report a problem
    9/30/2020Listing removed$747,400
    Source: @properties #10860269 Report a problem
    9/16/2020Listed for sale$747,400+211.4%
    Source: @properties #10860269 Report a problem
    4/29/2016Sold$240,000+6.7%
    Source: MRED as distributed by MLS GRID #09172113 Report a problem
    3/28/2016Pending sale$224,900
    Source: Sergio & Banks Real Estate #09172113 Report a problem
    3/22/2016Listed for sale$224,900+50.9%
    Source: Sergio & Banks Real Estate #09172113 Report a problem
    7/2/1997Sold$149,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $44,000 +18.9%
    2023$7,835 +2.6%$37,000
    2022$7,637 +2.3%$37,000
    2021$7,465 +39.1%$37,000 +54.1%
    2020$5,366 -3.5%$24,006 -13%
    2019$5,562 +1.7%$27,594
    2018$5,468 -13.9%$27,594 -6.1%
    2017$6,349 +17.5%$29,395
    2016$5,405 +9.8%$29,395
    2015$4,923 +11.6%$29,395 +11.9%
    2014$4,413 +2.3%$26,264
    2013$4,314 +1.1%$26,264
    2012$4,265 -10.1%$26,264 -21.2%
    2011$4,747 +2.4%$33,333
    2010$4,635 +8.5%$33,333
    2009$4,272 -14.7%$33,333 -19.9%
    2008$5,007 +8.6%$41,616
    2007$4,612 +19.7%$41,616
    2006$3,853 +20.9%$41,616 +55.2%
    2005$3,187 +3.4%$26,823
    2004$3,083 +4.2%$26,823
    2003$2,958 +0.8%$26,823 +47.7%
    2002$2,934 +5%$18,156
    2001$2,794 +18.5%$18,156
    2000$2,357 $18,156 +27.2%
    1999$2,357 $14,270

    Find assessor info on the county website

    Neighborhood: Albany Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $787,200
    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
    $787,200