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Backup Offers

4722 N Drake Ave, Chicago, IL, 60625

$699,900

Home List Price

$8,311*

Closing Credit

5 Bedrooms
3 Baths
House
Schools Nearby

Location

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4722 N Drake Ave, Chicago$699,900

Buyer Closing Credits

$8,311*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Garage3 spaces
Year Built1915
HeatingNatural Gas
BasementYes
WaterfrontFencing
MLS #12043736
Lot Size0.08 Acres
StatusAccepting Backup Offers
(Contingent)

About 4722 N Drake Ave

**Multiple Offers Received** Highest & Best requested by May 9th at noon.** Hard to find 2 flat in-law armchair investment property just 5 mins to Brown line in hot Albany Park! Both bright, beautiful condo quality units were meticulously renovated in 2017. Gut rehabbed modern center island kitchens with 42'' white shaker cabinets, quartz counters, stainless steel appliances & subway tile backsplashes. Adorable gut rehabbed vintage style full hall baths in each unit. Both floors have have all their original architectural details intact: oak floors, doors, crown molding & built-in hutches. All units have separate utils & in-unit w/d, virtually no upkeep besides lawn care/snow removal and routine maintenance. Private back decks overlook fenced yard. All new plumbing, electric, HVAC, windows, tear off roof, siding, skylights, insulation in 2017. Close to Lincoln Square & 90/94. Extra wide 30' lot allows nice front + back yards. 3 car garage built at time of rehab allows one garage for each unit. Perfect investment in truly turn key condition. Massive attic with 7 skylights has duplex up potential for possible future owners unit. The ideal use for this building would be to duplex up and duplex down for two huge owners units or convert to SFH. (Full set of drawings are available for SFH conversion). Amazing restaurants within walking distance and awesome Gompers Park nearby which connects to N. Branch Trail. Owner is IL LIC RE Broker.

Property Details

Property Features

Property Information:

  • Architectural Style: Farmhouse
  • Year Built: 1915

Listing Office:

  • Office Name: @properties Christie's International Real Estate
  • Office Phone: (847) 763-0200
  • Listing Agent: Karl Vogel

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Fencing
  • Exterior: Deck

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Fencing
  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

School Info

Assigned Schools Information:

  • Roosevelt High School, Public District Grades 9-12
  • Haugan Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: WILSON TO DRAKE (3550W), NORTH TO 4722

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,900

Tax Information:

  • Annual Amount: $5,562
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

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Chicago, IL

City

Med. Sold Price

$349K

Med. Price/SqFt

$250

Avg. Days On Market

33

# of Sold Homes

2268

4722 N Drake Ave vs Chicago

13 DAYS ON ROCKET

-20 Days

$699,900

+$350.8K More

KEY TAKEAWAY

This property is $350.8K more than the Median Sold Price in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12043736

Listing Office:

  • Office Name: @properties Christie's International Real Estate
  • Office Phone: (847) 763-0200
  • Listing Agent: Karl Vogel

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/15/2024, 4:15:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 06, 2016Home Sold
$240,000

Tax History

YEARPROP. TAXASSESSMENT
2019$5,562$27,594
2018$5,468$27,594
2017$6,348$29,395

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1536895
3
/10

  • Haugan Elementary School

  • 4540 N Hamlin Ave

  • 0.40 miles

  • Public District Grades PK-6

High School

school-card-donut-1536896
1
/10

  • Roosevelt High School

  • 3436 W Wilson Ave

  • 0.21 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,954. Residents of Chicago, IL typically earn between $35k-100k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4722 N Drake Ave

What is the listing price of this property?

The listing price of 4722 N Drake Ave property is $699,900.

What type of property is this?

The property 4722 N Drake Ave is a house located in Chicago, Illinois, 60625.

Is this property for sale now?

Accepting Backup Offers: 4722 N Drake Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 4722 N Drake Ave are:
Haugan Elementary School: GreatSchools Rating 3/10
Roosevelt High School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $5,562 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 6, 2016 for $240,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4722 N Drake Ave has 5 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 4722 N Drake Ave is 1915.

Rocket Homes›Illinois›Cook County›Chicago›60625›4722 N Drake Ave

This home is located at 4722 N Drake Ave in Chicago, IL and zip code 60625 in the Albany Park neighborhood. This home, which was built in 1915, sits on a 0.08 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 01, 2024 and is currently priced at $699,900.

In April 2024, from all listings sold in Chicago, IL there were more than 867 sold above asking price, over 1023 sold below and more than 378 were sold right at the asked price. The inventory of homes for sale in Chicago, IL between March 2024 and April 2024 increased by 18.4%. While the average time on the market in April 2024 was 33 days, the median list price was $349,097.

From Rocket Homes Real Estate and based on county public records data.

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