4340 North Drake, Chicago IL 60618
$499,000

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Property Description

Super opportunity this 2-flat building with finished basement situated between Albany Park & Irving Park neighborhoods on the NW side of Chicago. It is a true value; an owner-occupied home + income or as a 2-3 units income investment. It can become a Single-Family conversion or total redevelopment. Either way this is a win win situation. The property offers two units 2bdr/1bth and the garden unit with 1bdr/1bth. Nice front yard and a beautiful flowery front porch for summer fun. An enclosed porch and 3 parking spaces in the back. Fenced yard and tons of security and privacy. Property sold "AS IS" but it has great bones and is waiting for your ideas. Located in amazing location: just steps from Montrose and blocks from Elston, within walking distance of Patrick Henry Elementary school, CTA busses & Kimball Brown Line and close to expressway. This building is in a very hot neighborhood where opportunities like this rarely arise!

Features & Information

Key Details

  • List Price $499,000
  • Property Taxes $7,411
  • Price/ Sq. Ft. Unavailable
  • Year Built 1901
  • Parking Type Space/s
  • Status New

Rooms

  • Total Rooms 9
  • Basement F

Exterior Features

  • Parking

  • Parking Details Space/s
  • # of Cars:  3

Building Information

  • Number of Units 2
  • Age of Building 100+ Years
  • Exterior Construction Vinyl Siding,Concrete
  • Heating & Cooling Gas, Forced Air
  • Units

  • Unit 1 Stove, Refrigerator
  • Unit 2 Stove, Refrigerator

Location

  • County Cook
  • Township Jefferson
  • Corporate Limits Chicago
  • Directions to Property Drake Is One Way North, 1/4 Block South Of Montrose
  • Schools

  • Elementary School District 299
  • School Name Patrick Henry Elementary
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 7411
  • Tax Year 2024
  • Tax Exemptions None
  • Parcel Identification Number 13144000250000

Utilities

  • Sewer Sewer-Publ

Listed by: Coldwell Banker Realty | Phone: 773.631.8300
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 7/26/2026 5:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore Irving Park

Originally planned as a Chicago suburb, this diverse north side Chicago neighborhood retains much of its cozy charm while offering all the amenities of big city life. Although it is removed from Chicago's central Loop, Irving Park is quite active with its own commercial district that provides a good selection of specialty shops and independent businesses. When night falls, the neighborhood watering holes fill up. A few Irving Park bars draw crowds with live music acts that range from jazz to rock to Hip Hop, but most taverns are simple hangouts with good brews and friendly bartenders. Before heading over to the local pub, Irving Park is a great place to get a bite to eat. Take your pick of American, Thai, Chinese, German, Italian or Mexican cuisine. In Irving Park, you can even get Bosnian and Serbian dishes. Let your tummy be the guide and you're sure to find Irving Park is a very enticing Chicago neighborhood.

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