Legal 3-Unit Multifamily
For Sale
$495,000
Pending
3244 N Drake Avenue, Chicago, IL 60618
Flexible unit layouts accommodate rental use or multigenerational living in a well-connected residential setting.
Property SizeContact for details
Days on Market108
Property Features for 3244 N Drake Avenue
General Information
Standard status
Pending
Property subtype
Multi-Family
Building Details
Year Built
1905
Listing Agency:
Realty of America, LLC
Listed By:
Javier Alday · License #475204169
(312) 286-8614
Source:
Chicago-home-listings.kw
Added: May 18
Changed: Aug 30
Last Checked: Sep 2 at 1:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty of America, LLC
Investment Insights
Based on property information with market context.
This legal three-unit multifamily property at 3244 N Drake Avenue was built in 1905 and offers spacious units with adaptable layouts. The configuration supports conventional rental operations as well as owner-occupancy arrangements involving multigenerational living.
The property is positioned near the CTA Blue Line, Belmont, Milwaukee, Kimball, and Addison bus routes, with access to the Kennedy Expressway. The surrounding area includes established vintage homes alongside newer development, plus restaurants, cafes, grocery stores, retail, and parks. Nearby destinations include Honey Butter Fried Chicken, JoJo's Milk Bar, Sleeping Village, Aldi, Jewel-Osco, Avondale Park, and Athletic Park.
The property is positioned near the CTA Blue Line, Belmont, Milwaukee, Kimball, and Addison bus routes, with access to the Kennedy Expressway. The surrounding area includes established vintage homes alongside newer development, plus restaurants, cafes, grocery stores, retail, and parks. Nearby destinations include Honey Butter Fried Chicken, JoJo's Milk Bar, Sleeping Village, Aldi, Jewel-Osco, Avondale Park, and Athletic Park.
Key Highlights
- Legal 3‑unit multifamily building
- Built in 1905
- Spacious units with flexible layouts
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,885
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Flexible unit layouts accommodate rental use or multigenerational living in a well-connected residential setting.
Where is this triplex located?
The property is located at 3244 N Drake Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Legal 3‑unit multifamily building; Built in 1905; Spacious units with flexible layouts
