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$740,000
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Property Description
A true Chicago classic, this well maintained all-brick 2-flat in the heart of Albany Park is coming to market for the first time in generations - and it shows the pride of long-term owner occupancy at every turn. Step inside and you're immediately greeted by a stunning shared entry foyer featuring original oak woodwork, a staircase with turned balusters, and solid wood doors that speak to the craftsmanship of a bygone era. Both units offer 3 spacious bedrooms, hardwood floors throughout, and well-appointed kitchens featuring maple cabinetry and stainless steel appliances. Elegant original details shine across both floors - from a decorative fireplace with a beautiful oak mantle and decorative columns, to crown molding and arched doorways. The sun-drenched front living rooms in each unit are wrapped in windows on three sides, bathing the spaces in natural light throughout the day - a truly rare and uplifting feature. Updated bathrooms, central air and heat, a shared basement with laundry and an additional bathroom, a private backyard, and a 2-car garage round out this exceptional property. Walk to the CTA Brown Line and Jefferson Park Metra, with quick access to I-90/94, O'Hare, and the scenic North Branch Trail just steps away. Whether you're an owner-occupant or a seasoned investor seeking a solid, character-filled Chicago asset - this is the one you've been waiting for.
Full Property Details
Full Property Details for 4954 N Drake Ave
General
- Sold For: $740,000
- Taxes: $4,428 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12620048
- Added to Site: 91 day(s) ago
Interior
- Appliances: Humidifier
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Additional Information
- Equipment: Security System, Carbon Monoxide Detectors, Ceiling Fan(s)
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Albany Park
- County: Cook
- Driving Directions: Lawrence to Drake to property
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan, Public
- Onsite: Cable Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished, Full
- Foundation: Concrete Perimeter
- Roof: Rubber
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Oversized Chicago Lot
- Lot Dimensions: 30 x 125
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Tax Amount: $4,428
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 13114160170000
Listed by Prello Realty
Sold by @properties Christie's International Real Estate
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Schools
Schools serving 4954 N Drake Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Volta Elementary School 4950 North Avers Avenue, Chicago, IL 60625 | PK-8 | 0.4 mi |
Roosevelt High School, Chicago, IL 3436 West Wilson Avenue, Chicago, IL 60625 | 9-12 | 0.4 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 4954 N Drake Ave
Date
Details
Price
Change
Source
6/16/2026
Sold
$740,000
5.71%
MLS
4/15/2026
Listed
$700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4954 N Drake Avenue, Chicago, IL 60625 (MLS# 12620048) is a Multi-Family property that was sold at $740,000 on June 16, 2026. Want to learn more about 4954 N Drake Avenue? Do you have questions about finding other Multi-Family 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.

