4734 N Drake Ave

Chicago, IL 60625

$1,150,000
Price
13
Beds
4,662 Sq. Ft.
$247 / Sq. Ft.
4,662
Sq. Ft.
$247
per Sq. Ft.
Virtual Tour
Virtual Tour

Description

Excellent investment in Albany Park! Well-maintained legal 4-unit building with extra-large units. Unit 1/Garden: 3 beds, 2 baths, and tall ceilings throughout. Units 2-4: approximately 1,600 sq ft units with 3-4 beds and 1.5 baths each. Apartments feature spacious kitchens, extra-large living rooms & sunrooms, formal dining rooms in original layouts, plus enclosed porch/dens on each level. Owner's unit includes in-unit washer and dryer. A 4-year-old steam boiler services Units 1-3, while Unit 4...Excellent investment in Albany Park! Well-maintained legal 4-unit building with extra-large units. Unit 1/Garden: 3 beds, 2 baths, and tall ceilings throughout. Units 2-4: approximately 1,600 sq ft units with 3-4 beds and 1.5 baths each. Apartments feature spacious kitchens, extra-large living rooms & sunrooms, formal dining rooms in original layouts, plus enclosed porch/dens on each level. Owner's unit includes in-unit washer and dryer. A 4-year-old steam boiler services Units 1-3, while Unit 4 has gas forced air. Property has 2 gas meters and 5 electric meters. Exterior includes brick 2 car garage plus 1 gated exterior parking space. Recent updates include new sidewalks, a new skylight (2023), copper plumbing throughout, new carpet in the hallways and Unit 3 with hardwood floors underneath, a replaced support beam in the garage, tuckpointing (2024), a new washer and refrigerator in Unit 2 (2025), and all windows have been caulked (2025). Seller is currently collecting $8760/month while occupying Unit 2 and a portion of the Garden. With all units rented, the projected rents will be $12160/month or $145,920 annually. Excellent Albany Park location within close proximity to Kimball Brown Line CTA, Von Steuben HS, North Park University, Northside College Prep, and more. View The 3D Tours Of Units 2 & 3.
  1. Listed by Ledio Samarxhiu • Real Broker LLC
    P: (773)-621-4144 C: (773)-621-4144 ledio@samargroupre.com

Property Details for 4734 North Drake Avenue

Area
CHI - Albany Park
Township
Jefferson
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
3.0
Parking Included in Price
Yes
Heat/Fuel
Hot Water/Steam
LISTING UPDATED: 12/11/2025 10:04 AM

Property Details for 4734 North Drake Avenue

StatusActive
MLS #12418880
Days on Market148
Taxes$15,536 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built1927
Lot Size0.09 AC / 3,920 SF
CountyCook County

Location

Listing Courtesy of Real Broker LLC
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Building Information for 4734 North Drake Avenue

Stories-Residences4Year Built1927Building Size-Lot Size0.09 AC / 3,920 SF

Payment Calculator

$6,977 per month

30 year fixed, 6.28% Interest

Principal and Interest

$5,683

Property Taxes

$1,295

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4734 North Drake Avenue

General Information
School Information
  • Elementary School District: 299
  • Elementary School: Haugan Elementary School
  • Jr High Middle School: Haugan Elementary School
  • High School District: 299
  • High School: Roosevelt High School
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking Details: Garage Door Opener, Yes, Garage Owned, Detached, Off Alley, Enclosed, Secured, Owned, Garage
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 35
  • Bedrooms Total: 13
  • Bedrooms (Below Grade): 0
  • Community Features: Gated, Sidewalks, Street Lights, Street Paved
  • Bath Amenities: Double Sink,Soaking Tub
  • Basement Type: Finished, Full, Daylight
  • Bedrooms Possible: 13
  • # Full Baths in Building: 5
  • # Half Baths in Building: 3
  • Room Type: Sun Room
  • Num of Baths: 5.3
Exterior Features
  • Fencing: Fenced
  • Patio And Porch Features: Deck
Utilities / Equipment
  • Sewer: Other
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 91-100 Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 30 X 125
  • Total # Units in Building: 4.0
  • Other Structures: Storage
  • Waterfront: No
  • Construction: Brick
  • Roof Type: Flat
  • Foundation Details: Concrete Perimeter
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • North Coordinate: 4700
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 3600
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 4
  • Document Date: 2025-11-08T13:37:24
  • Photos Count: 51
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Additional Media Type 1: 3D Tour
Multi Family
Income & Expenses
  • Electric Expense: $40.00
  • Fuel Expense: $398.00
  • Gross Income: $105,120.00
  • Electric Expense Source: Owner Projection
  • Fuel Expense Source: Owner Projection
  • Other Addl Income: Garage/s,Parking Space/s
  • Water Expense Source: Owner Projection
  • Water Sewer Expense: $250.00
Unit 1
  • Unit Type Actual Rent: $1,900.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: MTM
Unit 2
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: OWN
Unit 3
  • Unit Type Actual Rent: $3,450.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 3
  • Lease Expiration Date: MTM
Unit 4
  • Unit Type Actual Rent: $3,050.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 4
  • Lease Expiration Date: MTM

Property History for 4734 North Drake Avenue

DateEvent & SourcePriceAppreciation
Nov 6, 2025

Price Change

MRED #12418880

$1,150,000—
Nov 6, 2025

Listed (Active)

MRED #12418880

$1,200,000—
Nov 1, 2025

Contingent

MRED #12418880

—
Oct 12, 2025

Price Change

MRED #12418880

$1,150,000—
Jul 21, 2025

Listed (Active)

MRED #12418880

$1,200,000—
Mar 7, 2024

Cancelled

MRED #11945146

$995,000—
Feb 21, 2024

Listed (Active)

MRED #11945146

$995,000—
Feb 9, 2024

Contingent

MRED #11945146

—
Jan 29, 2024

Listed (Active)

MRED #11945146

$995,000—
Oct 10, 2007

Expired

MRED #06473625

$849,999—
Apr 10, 2007

Listed (Active)

MRED #06473625

$875,000—
DateEvent & SourcePrice
11/06/2025

Price Change

MRED #12418880

$1,150,000
11/06/2025

Listed (Active)

MRED #12418880

$1,200,000
11/01/2025

Contingent

MRED #12418880

—
10/12/2025

Price Change

MRED #12418880

$1,150,000
07/21/2025

Listed (Active)

MRED #12418880

$1,200,000
03/07/2024

Cancelled

MRED #11945146

$995,000
02/21/2024

Listed (Active)

MRED #11945146

$995,000
02/09/2024

Contingent

MRED #11945146

—
01/29/2024

Listed (Active)

MRED #11945146

$995,000
10/10/2007

Expired

MRED #06473625

$849,999
04/10/2007

Listed (Active)

MRED #06473625

$875,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 4734 North Drake Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Haugan Elementary School
Public - PK to 8
Roosevelt High School
Public - 9 to 12
ASPIRA Charter - Haugan Campus
Charter - 6 to 8
North River Elementary School
Public - PK to 8
Rating
School
Distance
Haugan Elementary School
PublicPK to 8

Roosevelt High School
Public9 to 12

ASPIRA Charter - Haugan Campus
Charter6 to 8

North River Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 4734 North Drake Avenue, Chicago, IL 60625

4734 North Drake Avenue is a multi-family home for sale in Chicago, IL 60625. This property was listed for sale on July 21, 2025 by Real Broker LLC, it's currently listed at $1,150,000. This listing's school district is Chicago Public Schools. Nearby schools include Haugan Elementary School, Roosevelt High School and ASPIRA Charter - Haugan Campus. 4734 North Drake Avenue is a 13-bed, 8-bath, 4,662 sqft multi-family home built in 1927.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/11/2025 10:04 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.