$6,294

closing credit¹

3248 N Drake Ave Chicago, IL 60618

$530,000
4 beds
3 baths
House

Property details

About 3248 N Drake Ave

Discover this rare opportunity in Avondale! For the first time in nearly 30 years, this lovingly maintained multiunit property is ready for a new chapter. Whether you're an investor seeking excellent rental potential or a homeowner looking to maximize your living space, this property offers endless possibilities.Featuring two units, a two-car garage, and a backyard equipped with a sprinkler system, this home is perfect for outdoor enjoyment during warm summer days and crisp fall evenings. Nestled just blocks from Avondale Park and close to local schools, the location is ideal for families or tenants alike.Convenience is key, and this property delivers with easy access to the expressway and public transit options, including the train station, Belmont bus stop, and Kimball buses just a few blocks away. Shopping and dining are just around the corner, with popular spots like TJ Maxx, Home Depot, Portillo's, and a variety of restaurants and bars only minutes away.This is an exceptional opportunity to own a well-cared-for property in a highly sought-after neighborhood. Don't let it slip away-schedule your showing today!

Highlights

Home typeResidential
HeatingNatural Gas, Forced Air
StatusActive
(New)
Year built1898
MLS #12277687
Garage2 spaces

Summary

  • MLS Number: 12277687
  • MLS Name: MRED
  • Office Name: Realty of America, LLC
  • Office Phone: (708) 788-1900
  • Office Email: tanya.diaz@roaworld.com
  • Listing Agent: Javier Alday

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view of front facade

$530,000

3248 N Drake Ave

$6,294

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2022$40,999$7,760
2020$28,275$5,631
2019$32,500$5,865
2018$32,500$5,744
2017$28,367$5,382

History based on county public records data.

Nearby schools

8

Disney II Elementary School

Public District PK-6

1.0 mi

3815 N Kedvale Ave

4

Henry Elementary School

Public District PK-6

1.3 mi

4250 N Saint Louis Ave

5

Barry Elementary School

Public District PK-6

1.3 mi

2828 N Kilbourn Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $50,704. Most Chicago, IL residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

32%
<35k
40%
35k-100k
26%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

41%
Single, No Kids
14%
Single, with Kids
19%
Married, No Kids
26%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
7%
12-17 yrs old
38%
18-34 yrs old
29%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • IKEAIKEA
  • Banana RepublicBanana Republic
  • H&MH&M

Where do the neighbors go to eat?

  • QuiznosQuiznos
  • Jack In The BoxJack In The Box
  • ChipotleChipotle

What do the neighbors drive?

  • LexusLexus
  • ToyotaToyota
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 3248 N Drake Ave

This home is located at 3248 N Drake Ave in Chicago, IL and zip code 60618 in the Avondale neighborhood. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 26, 2025 and is currently priced at $530,000.

In December 2024, from all listings sold in Chicago, IL there were more than 447 sold above asking price, over 930 sold below and more than 276 were sold right at the asked price. The number of homes for sale in Chicago, IL decreased by 4.5% between November and December 2024. The median list price of listings available in December 2024 was $366,590, while the average time on the real estate market was 35 days.

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

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