4038 Drake Avenue, Irving Park, Chicago, Illinois 60618


$542,900

Sold
Status: Closed
Sqft: 0
Cost/Sqft: —
Beds: 6
Baths: 0
Year Built: 1905
Property Taxes: $10,828
Days On Market: 1203
Lot Size: 0,00

Description

**BEING SOLD AS-IS** Welcome to this extraordinary 2-flat gem nestled in the highly sought-after Irving Park neighborhood! Situated on a generous 37.5' lot, this property boasts a unique combination of a spacious owners' duplex and an income-generating 2-bedroom unit. The owners' unit (or rental unit) is a true standout, thoughtfully upgraded with modern amenities to provide the utmost comfort and style. Stay cool during the warmer months with central air conditioning, and enjoy the luxury of an in-unit washer and dryer. The peaked ceilings and abundant windows create an inviting atmosphere, bathing the interior in natural light and lending an airy ambiance to the living spaces. Additionally, the income unit presents an excellent opportunity to provide accommodations for family members or if you're looking for an investment opportunity, this rental unit can thrive as a successful Airbnb (generating an impressive average income of approximately $24,000 annually). Embrace the vibrant and diverse neighborhood, adding to the allure of this property. With a plethora of amenities, convenient public transportation options, and an array of shops and restaurants within easy reach, you'll never have a shortage of things to do and explore. Outside, the expansive rear and side yards offer an inviting space for outdoor activities, gardening, and relaxation. Park your vehicles with ease in the two-car garage and take advantage of an additional space on the car pad. Unwind on the deck or porch, bask in the abundant greenery of the big yard, and experience the joys of owning a property with such incredible potential.Opportunities like this don't come around often. Whether you're an astute investor seeking a lucrative venture or a homeowner looking to enjoy the benefits of rental income, this 2-flat is an opportunity not to be missed. Discover the possibilities and imagine your future in this fantastic Irving Park home!

Property Specifics

Multi-unit
—
—
1905
—
Aluminum Siding
—
—
No
0
Cook
—
— / —
—
—
—
—
—
11785320
13144240220000

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Murphy Elementary School
299 —
High School
Roosevelt High School
299 Not in DB

Property History

DATE: EVENT: PRICE: SOURCE:
27 Sep, 2007 Sold $415,000 MRED MLS
16 Aug, 2007 Under contract $415,000 MRED MLS
— Last price change $419,900 MRED MLS
5 Jun, 2007 Listed for sale $425,000 MRED MLS
14 Sep, 2023 Sold $542,900 MRED MLS
14 Aug, 2023 Under contract $550,000 MRED MLS
19 Jul, 2023 Listed for sale $550,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 6
Bedrooms Above Ground: 6
Bedrooms Below Ground: 0
Bathroom Info:
Full Bathrooms: 3
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —

Other Specifics

3
—
Garage
—
—
—
—
—
37.5' X 125'
—
—
—
—
Not in DB
—
—
—

Tax History

Year Property Taxes
2007 $4,022
2023 $10,828

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Listing Provided By

@properties Christie's International Real Estate