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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 jcampbell.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: Jean Campbell
Agent Phone: (815) 505-8336
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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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 04/23/2026. The listing information on this page last changed on 04/23/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 04/23/2026 12:00:23 AM EST) or MRED MLS (last updated Wed 04/22/2026 11:58:02 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Wed 04/22/2026 10:15:37 PM EST) or Northern Illinois Commercial Association Realtors (last updated Wed 04/22/2026 2:10:06 PM EST). Real estate listings held by brokerage firms other than Gambino Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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