1635 Drake Avenue, Humboldt Park, Chicago, Illinois 60647

❮ ❯

$475,000

Sold
Status:	Closed
Sqft:	0
Cost/Sqft:	—
Beds:	12
Baths:	0
Year Built:	1896
Property Taxes:	$8,617
Days On Market:	1862
Lot Size:	0,10

Map

Street View

Description

Massive 4-flat in the heart of Logan Square / Humboldt Park! This is truly a turn-key investment property; professionally managed and fully occupied. Long term tenants pay all utilities! Units show well, with significant upside potential through additional value-add investments. Current rents below market, but support an attractive cap rate at this value; total rental income of $4,650 monthly or $55,800 annually. Located on an oversized 25 x 177 ft lot with exterior parking for each unit, and just steps to the 606 trail and Humboldt Park. A must see!

Property Specifics

Proerty Type	Multi-unit
Stories	—
Style	—
Year Built	1896
Basement	Full
Model	—
Waterfront	No
Lot Size	0.1

County	Cook
Subdivision	—
Association Fees / Frequency	— / —
Association Fees Includes	—
Water	Lake Michigan,Public
Sewer	Public Sewer
MLS #	11202708
PIN #	13354190090000

Property History

DATE:	EVENT:	PRICE:	SOURCE:
13 Sep, 2013	Sold	$190,000	MRED MLS
15 Aug, 2013	Under contract	$190,000	MRED MLS
15 Aug, 2013	Listed for sale	$190,000	MRED MLS
7 Jan, 2022	Sold	$475,000	MRED MLS
11 Nov, 2021	Under contract	$579,900	MRED MLS
10 Sep, 2021	Listed for sale	$579,900	MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 12
Bedrooms Above Ground: 12
Bedrooms Below Ground: 0

Second Bedroom Info:
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Third Bedroom Info:
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Fourth Bedroom Info:
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Fifth Bedroom Info:
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Sixth Bedroom Info:
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Seventh Bedroom Info:
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Eighth Bedroom Info:
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Ninth Bedroom Info:
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Tenth Bedroom Info:
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Bedroom Info:
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Bedroom Info:
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Bathroom Info:
Full Bathrooms: 4

Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —

Additional Rooms Info:
Rooms: —

Basement: Full
Basement Description: Unfinished,Crawl,Exterior Access

Other Specifics

Garage	—
Foundation	Concrete Perimeter
Driveway	—
Exterior Features	—
Lot Description	—
Lot Dimensions	4425
Attic	—
Master Bathroom	—
Miscellaneous	—
Appliances	—
Equipment/Fixtures	Not in DB
Area	Park, Curbs, Sidewalks, Street Lights, Street Paved
Park	—
Common Area	—
Fireplace(s) Info	—