1617 N Drake Avenue Chicago, IL ^$ 545,000

1617 N Drake Avenue

^$ 545,000

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1617 N Drake Avenue

Chicago, IL, 60647

^$ 545,000

Studio Baths0.0

Monthly Estimate*

^$ 3,622

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Studio

Lots and Land for sale in Chicago, IL

for $545,000.

Absolutely massive 60x171 (1617 & 1619) compound with multiple units and structures. Tear down for new build or convert into several unique spaces. Currently rents for 6k per month. Tenants are moving out April 30.

Lots and Land Active

Price

^$ 545,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 14,180

Style

Multi-Family

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12026431

Features

General

Utilities Electric to Site Gas to Site

Possession Closing

Township Jefferson

Tax Year 2022

Current Use Multi-Family

Percent Ownership Fee Simple

County Cook

Property Type Land Land

Status Active

Directions North Ave east of Central Park to Drake north to property

City Chicago

High School District 299

MLS Area CHI - Humboldt Park

Waterfront Y/N N

Street Name Drake

Tax Annual Amount 14180.59

Days on Market 47

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Exterior

Total Parking 0

Lot Dimensions 60X171

Road Surface Type Asphalt

Frontage Length 60

Frontage Type City Street

Interior

Street Suffix Avenue

Total Baths 0

* Excluded Features

List By

Dwell

Broker

luis@dwellchgo.com;fortechicagoinc@gmail.com

Affordability Calculator

$4,804

Per Month

Monthly Principal & Interest: $3,622
Monthly Property Taxes: $1,182
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Chicago, IL

Average List Price ^$314,080

Percent of Sale Price 42%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/11/2024	$545,000		Listed Price

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1617 N Drake Avenue, Chicago, IL, 60647 is a Lots and Land for sale at $545,000. 1617 N Drake Avenue is a studio with 0.0 baths. The property's zip code is 60647 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 5/29/2024.

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1617 N Drake Avenue

Lots and Land for sale in Chicago, IL

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