2849 N Drake Avenue, Chicago, IL 60618 - Photo 1

1/1

$1,600,000

Sold
Closed
Commercial

1/1

Property Description

Strong, income producing 6 unit building in booming Logan Square location. Rehabbed building features six - 2 bed 1 bath units with upgraded finishes throughout. Unit features include hardwood floors throughout, central heat and a/c and in unit washer/dryer. Modern kitchen features quartz countertops, stainless appliances and dark, espresso cabinets. Lux bath with double vanity sink, white quartz countertops, great cabinet space and spa-like shower. Building has plenty of parking including 2 garage and 5 exterior spots. Good size back lot for parking. Currently vacant parking could bring in additional monthly income. Property has two pin #s - 13262230150000 and 13262230160000.

Full Property Details

Full Property Details for 2849 N Drake Ave

General

Sold For: $1,600,000
Taxes: $19,392 (2023)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 12216740
Added to Site: 442 day(s) ago

Location

Area: CHI - Avondale
County: Cook
Driving Directions: Diversey and Kedzie, west to Drake, north to property

Heating & Cooling

Cooling Type: Central Air Conditioning
Heating Type: Central Heat/Individual Controls, Forced Air

Structural Information

Construction: Brick
Exterior Const.: Brick
Stories/Levels: 3
Year Built: 1900
Built Before 1978: Yes

Unit Information

Units w/Refrigerators: 6
Units w/Range/Oven: 6
# Dryers: 6

Lot Features

Lot Size (Sq. Ft.): 5,349
Lot Dimensions: 50*76*75*133

Financial Considerations

Assessment Year: 1900
Tax Amount: $19,392
Tax Year: 2023
Tenant Pays: Electricity, Heat, Hot Water

Disclosures and Reports

Property ID: 13262230150000

Listed by CL3 Property Management
Sold by @properties Christie's International Real Estate

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— 2849 N Drake Ave —

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Schools

Schools serving 2849 N Drake Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Monroe Elementary School, Chicago, IL 3651 West Schubert Avenue, Chicago, IL 60647	PK-8	0.3 mi
Schurz High School 3601 North Milwaukee Avenue, Chicago, IL 60641	9-12	1.4 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2849 N Drake Ave

Date

Details

Price

Change

Source

4/04/2025

Sold

$1,600,000

-3.03%

MLS

12/05/2024

Listed

$1,650,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Just Listed

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Updated 3 days ago

3
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2
Total Baths
1,500
Sq. Ft.

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Just Listed

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Updated 1 day ago

8
Total Beds

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Updated 17 hours ago

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2
Total Baths
1,464
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Price Reduced

-$5,000 (-1.64%)

$299,000

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Single Family
Active
Updated 2 days ago

3
Beds
1
Total Bath
958
Sq. Ft.

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$424,900

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4
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Commercial
Closed

17,900
Sq. Ft.

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Sold

$1,430,000

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Commercial
Closed

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Sold

$1,675,000

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Single Family
Closed

6
Beds
5
Total Baths
4,054
Sq. Ft.

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Sold

$1,560,000

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Single Family
Closed

4
Beds
5
Total Baths
3,800
Sq. Ft.

2849 N Drake Avenue, Chicago, IL 60618 (MLS# 12216740) is a Commercial property that was sold at $1,600,000 on April 04, 2025. Want to learn more about 2849 N Drake Avenue? Do you have questions about finding other Commercial real estate for sale in Avondale? You can browse all Avondale real estate or contact a Coldwell Banker agent to request more information.

2849 N Drake Ave Chicago, IL 60618