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Duplex Building with Garage
For Sale
Contact for pricing
Pending

4831 N Drake Ave, Chicago, IL 60625

The property includes a finished basement, rear parking spaces, and access to nearby transit and neighborhood services.

Property SizeContact for details
Days on Market147

Property Features for 4831 N Drake Ave

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Kale Realty
Listed By: Thoa Bui · License #IL
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Sep 1 at 7:12AM

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 Kale Realty

Investment Insights

Based on property information with market context.

This two-unit residential income property at 4831 N Drake Avenue includes a fully finished basement, a 2-car garage, and additional parking spaces at the rear. The building’s configuration provides two residential units with supplemental lower-level space.

The property is situated in Chicago’s Albany Park neighborhood, near public transportation, schools, restaurants, shops, and entertainment. The basement apartment’s legality is not represented by the seller or agent. Tenant notification requires 24 hours in advance before showings.

Key Highlights

  • Two‑unit residential building in Albany Park
  • Fully finished basement
  • 2‑car garage

Property Analytics

Current Use

Safe Money Financial Financial Advisor

Suggested Use

Top Pick Law Firm Skin Care Clinic Home Appliance Store (Bike/Boat/Book/etc) Store Hotel & Motel Acupuncture

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

2,060
Businesses Nearby

Demographics for 60625, IL

76,525
Population
33,932
Households
2.3
Avg Household Size
36
Median Age
54%
College-Educated
87%
High-School Grad
3.8 sq mi
ZIP Area
20,138
Density / Sq Mi
$85,299
Median Household Income
$48,314
Median Earnings
$1,455
Median Rent
$396,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - The property includes a finished basement, rear parking spaces, and access to nearby transit and neighborhood services.
Where is this duplex located?
The property is located at 4831 N Drake Ave Chicago, IL.
What are key features of this property?
This property features: Two‑unit residential building in Albany Park; Fully finished basement; 2‑car garage
(630) 888-0361 Call to check price and availability
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