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825 N Drake Avenue , Chicago, IL 60651

$525,000
  • 825 N Drake Avenue , Chicago, IL 60651 Main Photo

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New to the Market New
BEDS4 BATHS2 full MLS#12624394
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

Property Description

Highly anticipated new construction 2-unit building coming soon for owner occupants only! Each unit features 2BD and 1Bath, thoughtfully designed for modern living and long-term value. This all-electric property offers energy efficiency and lower utility complexity, ideal for today's homeowners. Perfect for owner-occupants, this is a rare opportunity to live in one unit while generating rental income from the other-an excellent pathway to building generational wealth. Take advantage of exclusive pre-sale opportunities, including the ability to customize select finishes. Qualified buyers may also receive up to $95K in down payment assistance, making homeownership more accessible than ever. Buyers can submit a complete application to be considered for pre-sale and customization options. Must use Developers contract, 2 separate grant applications for DPA, must meet HUD AMI guidelines for second grant eligibility, all buyers receive $20K from Cook County Land Bank.

825 N Drake Avenue | MLS# 12624394

This multi-family property located at 825 N Drake Avenue , Chicago, IL 60651 is currently listed for sale with an asking price of $525,000. N Drake Avenue is located within the District 299 school district. Search Chicago real estate on aleiva.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Crawl Space
Heating: Electric
Lot Size: 0.07 Acres
Year Built: 2026

Feature Descriptions

Exterior: Vinyl Siding, Fiber Cement, Combination
Lot Dimensions: 25X125
Parcel#: 16024200140000
Parking: Alley Access, Yes, Owned
Sewer: Public Sewer
Total Rooms: 10
Township: West Chicago
Water: Public

Local Schools

School District: District 299

Listed By / Shown By

Listed By

Agency Name: Inherent Homes LLC
Agency Phone: 773-934-5807

Shown By

Agent Name: Angie Leiva
Agent Phone: (815) 742-6010
Agency Title: Gambino Realtors

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Estimated Payment

$ 2,537.84 per month $2,384.71 Principal & Interest $0.00 Property Tax (data not provided by mls) $153.13 Homeowner's Insurance

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