2432 Drake Avenue, Logan Square, Chicago, Illinois 60647
$785,890
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 8 |
| Baths: | 0 |
| Year Built: | 1910 |
| Property Taxes: | $10,627 |
| Days On Market: | 812 |
| Lot Size: | 0,00 |
Description
Hot Logan Square Legal 3 Unit building with $76,800 in current rental income with room to add value and increase income! Partially finished basement previously used as a 4th non-conforming garden unit. Perfect for investors or owner-occupants-current leases thru 6/30/24 (units 1 and 2) and 7/31/24 (unit 3), however all leases have kick-out clauses. Many updates have been done in last few years, including new back porch (2018), new landscaping (2018), new kitchen appliances in all units (2018), in-unit washer/dryer hookups + new machines added to each unit (2020), central heat and air with new furnaces and new air conditioners for each unit (2019-2022), bathrooms remodeled in each unit (2020-2022), new roof (2022), new siding (2023). 2 car garage with a nice yard. Great location with easy access to train and entertainment, vintage details, modern updates, and hardwood floors make this an attractive and easy rental for tenants. walkscore rates it a "walker's paradise" with a Walk Score of 93 and a "biker's paradise" with a Bike Score of 95. Schedule your showing--this one won't last long. Multiple offers received--please submit highest and best offer by midnight 9/13.
Property Specifics
| Multi-unit | |
| — | |
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| 1910 | |
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| No | |
| — |
| Cook | |
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| — / — | |
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| — | |
| 11870330 | |
| 13264230250000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 14 May, 2018 | Sold | $655,200 | MRED MLS |
| 26 Mar, 2018 | Under contract | $649,000 | MRED MLS |
| 21 Mar, 2018 | Listed for sale | $649,000 | MRED MLS |
| 31 Oct, 2023 | Sold | $785,890 | MRED MLS |
| 22 Sep, 2023 | Under contract | $800,000 | MRED MLS |
| 7 Sep, 2023 | Listed for sale | $800,000 | MRED MLS |
Room Specifics
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: Partially Finished
Other Specifics
| 2 | |
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| — | |
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| 3375 | |
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| Not in DB | |
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| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2018 | $7,489 |
| 2023 | $10,627 |
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Listing Provided By
ChiReal LLC
