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Backup Offers

2509 N Drake Ave, Chicago, IL, 60647

$885,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
3 Baths
House
Schools Nearby

Location

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2509 N Drake Ave, Chicago$885,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingOff Alley
Garage3 spaces
Year Built1910
HeatingNatural Gas, Steam
BasementYes
MLS #11976221
StatusAccepting Backup Offers
(Contingent)

About 2509 N Drake Ave

Come and see this duplex-down that is the size of a single family home, with a great income stream from the lovely apartment upstairs! An extra wide brick 2-flat on a 40-foot wide lot, located on a fantastic block in Logan Square! Such a lovely tree-lined street with a curated mix of Victorian single-family homes and traditional brick 2-flats, all on oversized lots. The first floor and basement are duplexed with 5+ bedrooms and 2 bathrooms and good ceiling height. Nicely updated with newer finishes throughout. The kitchen features stone countertops, stainless steel appliances and an additional island for eating & prep. Enjoy a huge walk-in pantry and laundry is also located right off the kitchen. The top floor is a 3 bedroom 1 bathroom apartment with updated finishes, generous bedroom sizes, and great natural light. Enjoy the eat-in kitchen with a walk-in pantry and full laundry room. Outside there is a wonderfully landscaped front and side yard, providing fantastic curb appeal and plenty of space for a vegetable garden and yard. Behind the home is a paved hangout area, including a covered awning from the garage which provides abundant summertime shade. Enjoy BBQs and weather-protected play on this large back patio. 3 car garage and an additional 1 car outdoor parking pad. Excellent location, walking distance to the lovely retail corridor along Wrightwood avenue (Necessary & Sufficient Coffee, Sugarmoon Bakery), the bars and restaurants along Fullerton (Park & Field, Monster Ramen), and a tree-lined walk to the Logan Square Monument and CTA Blue Line. Massive Airbnb potential from the upstairs apartment. This is a great single family alternative.

Property Details

Property Features

Property Information:

  • Year Built: 1910

Listing Office:

  • Office Name: @properties Christie's International Real Estate
  • Office Phone: (773) 235-0300
  • Listing Agent: Lucas Blahnik

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Off Alley

Utilities

Utilities Information:

  • Heating: Natural Gas, Steam

School Info

Assigned Schools Information:

  • Kelvyn Park High School, Public District Grades 7-12
  • Monroe Elementary School, Public District Grades PK-8

Other

Directions Information:

  • Directions: Wrightwood to Drake. One Way South.

Price Information

Listing Price Info

Price Summary:

  • List Price: $885,000

Tax Information:

  • Annual Amount: $7,243
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

Med. Sold Price

$349K

Med. Price/SqFt

$250

Avg. Days On Market

33

# of Sold Homes

2268

2509 N Drake Ave vs Chicago

88 DAYS ON ROCKET

+55 Days

$885,000

+$535.9K More

KEY TAKEAWAY

This property is $535.9K more than the Median Sold Price in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #11976221

Listing Office:

  • Office Name: @properties Christie's International Real Estate
  • Office Phone: (773) 235-0300
  • Listing Agent: Lucas Blahnik

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is 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. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2024, 12:45:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2019$7,243$39,352
2018$7,795$42,899
2017$6,370$32,968

History based on county public records data.

Payment Calculator

$4,484

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,720

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6864137
5
/10
  • Monroe Elementary School

  • 3651 W Schubert Ave

  • 0.26 miles

  • Public District Grades PK-8

High School

school-card-donut-6864138
1
/10
  • Kelvyn Park High School

  • 4343 W Wrightwood Ave

  • 1.06 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,250. Typical income of Chicago, IL residents is between $100k-200k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2509 N Drake Ave

What is the listing price of this property?

The listing price of 2509 N Drake Ave property is $885,000.

What type of property is this?

The property 2509 N Drake Ave is a house located in Chicago, Illinois, 60647.

Is this property for sale now?

Accepting Backup Offers: 2509 N Drake Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 2509 N Drake Ave are:
Monroe Elementary School: GreatSchools Rating 5/10
Kelvyn Park High School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $7,243 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2509 N Drake Ave has 8 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 2509 N Drake Ave is 1910.

Rocket Homes›Illinois›Cook County›Chicago›60647›2509 N Drake Ave

This home is located at 2509 N Drake Ave in Chicago, IL and zip code 60647 in the North Side neighborhood. This home was built in 1910. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 07, 2024 and is currently priced at $885,000.

Over 867 listings were sold over their listed price in April 2024 in Chicago, IL. In the same period over 1023 listings were sold below the listed price and 378 listings were sold for the listed price. The number of listings in Chicago, IL increased by 18.4% between March 2024 and April 2024. In April 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $349,097.

From Rocket Homes Real Estate and based on county public records data.

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