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Multi-Family Residential Building
For Sale
$865,000

3222 N Drake Avenue, Chicago, IL 60618

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market297

Property Features for 3222 N Drake Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 1
Full bathrooms 2
Rooms Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1
Parking 2
Parking features Garage
Elementary school district 299
Middle school district 299
High school district 299
Directions Belmont to Drake, north to home.
Subdivision CHI - Avondale
Standard status Active
APN 13234060620000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 6925

Utilities

Sewer type Public Sewer
Heating system Steam

Building Details

Year built 1906
Building materials Frame
Listing Agency: Sav-More Realty, Inc.
Listed By: Rebecca Parise · License #471000533
Added: Oct 29, 2025 Changed: Aug 20 Last Checked: Aug 21 at 3:06PM
MLS# 12506439

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This offering is a multi-family residential property listed for sale at 3222 N Drake Avenue. It is presented as a specialty-type commercial real estate asset, suitable for buyers looking for residential income-producing real estate rather than single-tenant commercial space.

The property is located in Chicago, Illinois 60618, within Cook County. The listing information identifies the street address directly, providing a clear point of reference for site review and underwriting.

From a tenant and ownership standpoint, multi-family properties can support a range of operational approaches depending on how the building is configured and managed. Prospective buyers or their advisors should plan to verify unit mix, current occupancy, and any building systems and condition items during due diligence, since those details are not provided in the listing information. If you are assembling a portfolio or evaluating a new acquisition in Chicago, this is an address-specific opportunity to review in person and model based on verified financial and physical information.

Key Highlights

  • Frame construction
  • Steam heating system
  • Garage parking

Property Analytics

Current Use

Specialty properties

Suggested Use

Top Pick Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store Nursing Home Tech Support Center Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,256
Businesses Nearby

Demographics for 60618, IL

90,316
Population
41,053
Households
2.2
Avg Household Size
35
Median Age
55%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
18,063
Density / Sq Mi
$101,558
Median Household Income
$60,263
Median Earnings
$1,534
Median Rent
$538,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Specialty property - For sale multi-family property at 3222 N Drake Avenue in Chicago’s 60618 area of Cook County.
Where is this specialty property located?
The property is located at 3222 N Drake Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $865,000.
What are key features of this property?
This property features: Frame construction; Steam heating system; Garage parking
More about this property
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