(If you do not have an agent and work directly with the listing agent)
Excellent investment in Albany Park! Well maintained Legal 4 Unit building with extra large units. Unit 1/Garden: 3 beds 2 baths and tall ceilings throughout. Units 2-4: 1550sqft units with 3-4 beds, 1.5-bath each. Apartments feature spacious kitchens, extra large living room & sun rooms. formal dining rooms, plus enclosed porch/den on each level. Owner's unit includes in unit washer dryer. 4 Year old steam boiler services units 1-3, while unit 4 has gas forced air. Property has 2 gas meters and 5 electric meters. Recent updates include new sidewalks, new skylight (2023), copper plumbing throughout, new carpet in Unit 3 with hardwood floors underneath. Seller is currently collecting $7700/month while occupying Unit 2. With all units rented, the projected rents will be $9800/month or $117,600 annually. Excellent Albany Park location within close proximity to Kimball Brown Line CTA, Von Steuben HS, North Park University, Northside College Prep, and more.
4734 N Drake Ave Chicago, IL 60625
