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    4426 N Drake Ave Chicago, IL 60625

    Pending
    For Sale
    $575,000

    Residential Income - Chicago, IL

    Days on Market:
    95
    Last Refresh:
    Dec 12 at 1:06 am

    Property Features for 4426 N Drake Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    APN
    13142210160000
    Parking
    3

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1910
    Architectural style
    Other

    Keller Williams Chicago ONEChicago (312) 216-2422 [email protected]

    Listing agent Kevin Hinton (312) 216-2422 License #475170825

    Listing date Sep 9, 2025

    MLS# 12439622 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chicago Multi-Unit Income Property

    This classic Chicago multi-unit property offers flexibility, charm, and income potential. Each unit features hardwood floors, spacious open-concept layouts, and updated kitchens. A lower-level in-law suite adds living space suitable for extended family, guests, or rental income. The property includes a generous backyard. Located near the Brown Line, parks, and local amenities, this property is situated in one of Chicago's vibrant neighborhoods. The property is suitable for both owner-occupants and investors. The zoning is MULTI.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7171945
    Latitude
    41.9619138

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    FAQs

    What type of property is this?
    Apartment building - Charming Chicago multi-unit property with income potential in vibrant neighborhood.
    Where is this apartment building located?
    The property is located at 4426 N Drake Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: - Income-producing multi-unit property in a vibrant Chicago neighborhood.; - Sun-filled units feature hardwood floors and updated, open-concept kitchens.; - Lower-level in-law suite provides flexible living space or rental income.
    (312) 216-2422
    Request Owner's contact information
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    Chicago, IL 60625
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4426 N Drake Ave Chicago, IL 60625
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