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1632 S Drake Avenue Chicago, IL 60623 • Multi Unit - Multiple • New

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  • 1632 S Drake Avenue, Chicago, IL 60623 Main Photo

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Description

Beautifully rehabbed 2-unit Greystone that blends classic Chicago character with modern updates! Each unit offers 4 bedrooms and 1 bath, with gleaming hardwood floors, high ceilings, oversized original trim, and abundant natural light. Updated kitchens feature white shaker cabinetry, granite countertops, subway tile backsplash, and stainless steel appliances, and both units have central air for year-round comfort. The finished basement added space that can be used as an in-law arrangement. 2-car garage completes the package. With units currently leased at $1,975 and $1,950, for rental income from day 1. Conveniently located near the Pink Line, shopping, and dining. A move-in ready Greystone with solid rental income. Don't miss it!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 8
Bathrooms: 2
County: Cook
Listed By:
Realty of America, LLC 708-788-1900
MRED MLS
$579,900
Est. $4,024/mo
8beds
2baths
2cars
New to the Market New
BEDS8 BATHS2 full MLS#12793050
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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Ruhl&Ruhl Realtors
563.441.1776

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1632 S Drake Avenue, Chicago, IL 60623.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $579,900$579,900$579,900
Down Payment $115,980$20,297$144,975
Monthly Mortgage Amount $3,048$3,741$3,759
Taxes $807$807$807
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$255$0
Monthly Estimated Total $4,024$4,972$4,735

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