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Multifamily Property with Garage Parking
For Sale
$624,500
Pending

3704 N Drake Avenue, Chicago, IL 60618

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market51

Property Features for 3704 N Drake Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bedroom 3, Bedroom 5, Bathroom 2, Basement, Bathroom 1, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 2, Bedroom 4, Bedroom 6
Parking 2
Parking features Open, Garage
Basement Finished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions Addison to Drake. North to propert
Subdivision CHI - Irving Park
Standard status Pending
APN 13232170200000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 8407

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Building Details

Year built 1908
Building materials Vinyl Siding
Roof type Asphalt
Listing Agency: RE/MAX 10 Lincoln Park · RE/MAX International
Listed By: Angel Navarro · License #475127008
Added: Jul 20 Changed: Sep 2 Last Checked: Sep 8 at 10:06PM
MLS# 12709304

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 multifamily property at 3704 N Drake Avenue in Chicago includes six bedrooms, four bathrooms, and a basement. The exterior uses vinyl siding, with an asphalt roof and forced-air heating powered by natural gas. Parking includes both open spaces and a garage.

The property is served by public water and public sewer. Constructed in 1908, it offers a defined physical profile for review, including multiple bedrooms and bathrooms within a multifamily configuration. The address is in ZIP Code 60618, in Cook County, Illinois.

Key Highlights

  • Six‑bedroom, four‑bathroom multifamily property
  • Built in 1908
  • Open parking plus garage

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Skin Care Clinic Nursing Home (Bike/Boat/Book/etc) Store Bed & Breakfast Butcher

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

2,042
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Vinyl-sided multifamily property with open and garage parking, public utilities, and forced-air natural-gas heating.
Where is this multifamily property located?
The property is located at 3704 N Drake Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $624,500.
What are key features of this property?
This property features: Six‑bedroom, four‑bathroom multifamily property; Built in 1908; Open parking plus garage
More about this property
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