1938 Drake Avenue, Logan Square, Chicago, Illinois 60647


$715,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 5
Baths: 0
Year Built: 1886
Property Taxes: $6,498
Days On Market: 395
Lot Size: 0,00
Map
Street View

Description

Recently remodeled frame 2-flat on an extra long lot in a great Logan Square location. This versatile property has two extra finished spaces which allow for amazing cash flow opportunities. 1st and 2nd floors are 3 bedroom, 2 bathroom apartments. Great room sizes and layouts make these very appealing to renters. Apartments feature newer kitchens with stainless steel appliances, attractive bathrooms, and each have a washer/dryer. The basement is an in-law apartment with 2 bedrooms and 1 bathroom. The attic is an amazing extra space; with 1 bedroom and 1 bathroom it could be an amazing duplex opportunity, or a future income apartment. The building has had Mechanical, Electrical and Plumbing updates. 25 x 177 lot is 50+ feet longer than an average Chicago lot. This makes for a huge yard and a ton of parking options. Current configuration is a long parking pad for 4 cars, but this could be great for a large garage or a future ADU. Great location just off of Armitage Ave. Walk to the 606, and many restaurants and bars along Armitage in Logan Square.

Property Specifics

Multi-unit
1886
No
Cook
— / —
12278472
13354000220000

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Funston Elementary School
299

Property History

DATE: EVENT: PRICE: SOURCE:
4 May, 2009 Sold $18,000 MRED MLS
10 Apr, 2009 Under contract $14,900 MRED MLS
3 Apr, 2009 Listed for sale $14,900 MRED MLS
23 Jun, 2010 Sold $102,000 MRED MLS
21 May, 2010 Under contract $67,900 MRED MLS
27 Apr, 2010 Listed for sale $67,900 MRED MLS
16 Apr, 2025 Sold $175,000 MRED MLS
19 Mar, 2025 Under contract $199,000 MRED MLS
Last price change $229,900 MRED MLS
4 Feb, 2025 Listed for sale $229,900 MRED MLS
22 May, 2025 Sold $715,000 MRED MLS
28 Feb, 2025 Under contract $725,000 MRED MLS
11 Feb, 2025 Listed for sale $725,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 5
Bedrooms Above Ground: 5
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 4
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

25 X 177
Not in DB

Tax History

Year Property Taxes
2009 $2,807
2010 $2,896
2025 $2,964
2025 $6,498

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Listing Provided By

@properties Christie's International Real Estate