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Backup Offers

3006 S Drake Ave, Chicago, IL, 60623

$397,500

Home List Price

$4,720*

Closing Credit

5 Bedrooms
3 Baths
House

Location

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3006 S Drake Ave, Chicago$397,500

Buyer Closing Credits

$4,720*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Garage2 spaces
Year Built1903
HeatingNatural Gas, Forced Air
MLS #12088391
StatusAccepting Backup Offers
(Contingent)

About 3006 S Drake Ave

Welcome to 3006 S. Drake Avenue, a meticulously maintained legal 2-Flat located in the heart of the vibrant Little Village neighborhood of Chicago. Updated from nearly top to bottom, this property offers an excellent opportunity for an investor to come into a turnkey, fully leased scenario with little to do. The top unit is a duplex which spans two levels and features 3 bedrooms and 2 bathrooms, boasting a complete renovation in 2018 with all new windows, kitchen, bathrooms, appliances and flooring. The lower unit, fully rehabbed in 2022, includes 2 bedrooms, 1 bathroom, and all new windows, kitchen, bathroom, appliances, and HVAC. Both units enjoy separate HVAC systems, water heaters, washer/dryers, ranges, refrigerators, and microwaves, ensuring maximum comfort and convenience for all residents. Completing this fantastic property is a beautifully landscaped yard perfect for relaxation and gatherings, along with a two-car garage accessible via the alley. Other recent upgrades include a new roof in 2023 and new electrical panels for both units. All utilities are separately metered, owner only pays for water / city trash service. Nestled in a culturally rich area known for its diversity and friendly community, this property is conveniently located off the Steven Expressway and between Cicero Avenue and Western Avenue, providing easy access to all parts of the city. The Little Village neighborhood is renowned for its vibrant atmosphere, with an array of local shops, eateries, and cultural events that make it a bustling and welcoming community. Don't miss this exceptional opportunity to own a piece of Little Village's charm and culture. Book a showing today!

Property Details

Property Features

Property Information:

  • Year Built: 1903

Listing Office:

  • Office Name: Fitzgerald Real Estate Inc.
  • Office Phone: (773) 779-6085
  • Listing Agent: Andrew Dorazio

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: Traveling North on Cicero Avenue, Turn right on to 30th Street and travel East. Turn right on Drake Avenue and the property will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $397,500

Tax Information:

  • Annual Amount: $2,908
  • 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

$363.9K

Med. Price/SqFt

$260

Avg. Days On Market

33

# of Sold Homes

1620

3006 S Drake Ave vs Chicago

175 DAYS ON ROCKET

+142 Days

$397,500

+$33.5K More

KEY TAKEAWAY

This property is $33.5K 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: #12088391

Listing Office:

  • Office Name: Fitzgerald Real Estate Inc.
  • Office Phone: (773) 779-6085
  • Listing Agent: Andrew Dorazio

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.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
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

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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: 12/17/2024, 11:16:01 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

Jun 11, 2018Home Sold
$160,000

Tax History

YEARPROP. TAXASSESSMENT
2019$2,908$14,474
2018$2,859$14,474
2017$3,636$16,894

History based on county public records data.

Payment Calculator

$2,051

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,258

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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.

Nearby Schools

school-card-donut-4258887
2
/10

  • McCormick Elementary School

  • 2712 S Sawyer Ave

  • 0.43 miles

  • Public District Grades PK-5

school-card-donut-4258888
6
/10

  • Cardenas Elementary School

  • 2345 S Millard Ave

  • 0.67 miles

  • Public District Grades PK-3

school-card-donut-4258889
9
/10

  • Everett Elementary School

  • 3419 S Bell Ave

  • 1.74 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,449. The most common annual income of people living in Chicago, IL is less than $35k. The majority of families are married, with kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3006 S Drake Ave

What is the listing price of this property?

The listing price of 3006 S Drake Ave property is $397,500.

What type of property is this?

The property 3006 S Drake Ave is a house located in Chicago, Illinois, 60623.

Is this property for sale now?

Accepting Backup Offers: 3006 S Drake Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $2,908 (source: MLS/based on county public records data).

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

The last sale was on June 11, 2018 for $160,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3006 S Drake Ave has 5 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 3006 S Drake Ave is 1903.

Rocket Homes›Illinois›Cook County›Chicago›60623›3006 S Drake Ave

This home is located at 3006 S Drake Ave in Chicago, IL and zip code 60623 in the West Side neighborhood. This home was built in 1903. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 25, 2024 and is currently priced at $397,500.

Over 521 listings were sold over their listed price in November 2024 in Chicago, IL. In the same period over 845 listings were sold below the listed price and 254 listings were sold for the listed price. Between October 2024 and November 2024, Chicago, IL real estate market has seen increase in the number of listings by 2.1%. The median list price of listings available in November 2024 was $363,936, while the average time on the real estate market was 33 days.

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

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