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$245,000 Contingent

  • For Sale
  • Contingent
  • Condo
  • 2 Beds
  • 1 Full Bath
  • 900 Sq. Ft.
  • Updated 19 hours ago
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MULTIPLE OFFERS RECEIVED; BEST AND FINAL 8/15 by 8PM. Sun-filled top-floor living in the heart of Albany Park! This expansive 2-bedroom, 1-bath residence offers a bright, airy layout with generous living space and hardwood flooring throughout. The main living area features a full kitchen, dedicated dining room, sunroom, and spacious living room. The kitchen is equipped with stainless steel appliances and granite countertops, while the living room offers a convenient coat closet and access to a private balcony with abundant east-facing sunlight and glimpses of the Chicago skyline. Both bedrooms are generously sized and feature ample closet space and excellent natural light. Additional highlights include central air conditioning and in-unit laundry for everyday convenience. The building offers additional private storage in the basement, along with a shared back deck. Security cameras monitor the building's exterior, and gated intercom entry provides added peace of mind. Tucked away on a quiet stretch of Drake that dead-ends at the river, this home offers a peaceful residential setting while remaining just steps from Albany Park's parks, public transportation, shopping, restaurants, and neighborhood amenities. Come experience everything Albany Park has to offer from this spacious, sun-drenched top-floor home.

Full Property Details for 4902 N Drake Ave #3

General

  • Price: $245,000
  • HOA FEE: $322/month
  • Taxes: $4,152 (2025)
  • Status: Contingent
  • Type: Condo
  • Source: MRED
  • MLS ID: 12756602
  • Updated: 9/16/2026
  • Added to Site: 3 day(s) ago

Interior

  • Basement: None
  • Interior Features: Storage, Open Floorplan, Lobby
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bathroom Features: Whirlpool

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Shared Amenities: Bike Room/Bike Trails, Storage, Covered Porch, Intercom, Security
  • Equipment: Intercom, Cable TV, Carbon Monoxide Detectors

Exterior

  • Exterior Features: Balcony

Location

  • Area: CHI - Albany Park
  • County: Cook
  • Township: North Chicago
  • Subdivision: Drake Commons
  • Driving Directions: Lawrence to Drake - North

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299
  • Elementary School: Volta Elementary School
  • Middle School: Volta Elementary School
  • High School: Roosevelt High School
  • Private School: Roosevelt High School

Community

  • Assoc. Fees Include: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Pets Allowed: Yes
  • Pets: Cats OK, Dogs OK
  • Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
  • Mgmt. Company: Drake Commons Condo Managment

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Structure Type: Condo
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Roof: Asphalt
  • Windows: Drapes, Blinds, Screens
  • Sub-Flooring: Hardwood
  • Entry Floor Number: 3
  • Stories/Levels: 3
  • Square Feet: 900
  • Sq. Ft. Source: Estimated
  • Year Built: 1920
  • Built Before 1978: Yes
  • Remodeled/Updated: 2004

Unit Information

  • Units in Building: 30

Lot Features

  • Lot Dimensions: COMMON
  • Fence: Yes
  • Fencing (Description): Fenced

Animals

  • Animals Allowed: Cats OK, Dogs OK

Financial Considerations

  • Association Fee: $322
  • Assoc Fee Freq.: Monthly
  • Assessment Year: 1920
  • Tax Amount: $4,152.6
  • Tax Year: 2025
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 13114160331014

Listed by Vesta Preferred LLC

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Listing agents

— 4902 N Drake Ave #3 —

  • Vesta Preferred LLC

  • Vesta Preferred LLC

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 4902 N Drake Ave #3

School District:Chicago Public School District 299
NameGradesDistance
Volta Elementary School
4950 North Avers Avenue, Chicago, IL 60625
PK-80.4 mi
Roosevelt High School, Chicago, IL
3436 West Wilson Avenue, Chicago, IL 60625
9-120.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4902 N Drake Ave #3 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/14/2026
Listed
$245,000
40%
MLS
9/13/2022
Sold
$175,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4902 N Drake Ave #3

Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,506
—
$19,931
20%
2023
$3,506
3%
$16,558
—
2022
$3,418
2%
$16,558
—
2021
$3,341
23%
$16,558
37%
2020
$2,708
-1%
$12,113
-11%
2019
$2,736
2%
$13,573
—
2018
$2,690
40%
$13,573
52%
2017
$1,928
7%
$8,927
—
2016
$1,794
9%
$8,927
—
2015
$1,642
18%
$8,927
20%
2014
$1,387
2%
$7,450
—
2013
$1,360
-36%
$7,450
-37%
2012
$2,131
—
$11,876
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 4902 N Drake Ave #3

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Listed by Vesta Preferred LLC

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4902 N Drake Avenue #3, Chicago, IL 60625 (MLS# 12756602) is a Condo property with 2 bedrooms and 1 full bathroom. 4902 N Drake Avenue #3 is currently listed for $245,000 and was received on September 14, 2026. Want to learn more about 4902 N Drake Avenue #3? Do you have questions about finding other Condo real estate for sale in Albany Park? You can browse all Albany Park real estate or contact a Coldwell Banker agent to request more information.

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