Primary listing photo
Listing photo 2

825 N Drake Ave, Chicago, IL, 60651

4beds
2baths
--sqft
$525,000
--price/sqft
$3,977/moest. monthly cost
$159,080/yrincome needed

About This Home

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.

Getting Around

76
WalkingVery Walkable
67
TransitGood Transit
84
BikeVery Bikeable

Schools

3/10
Ward L Elementary SchoolGrades PK-80.3 mi
1/10
Orr Academy High SchoolGrades 9-120.6 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Construction materials: Vinyl Siding,Fiber Cement,Combination

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Heating

  • Heating features: Electric

Property

Details

  • Parcel number: 16024200140000
  • Special condition: None

Lot

  • Lot size: 3,125 sqft
  • Lot size dimensions: 25X125

Parking

  • Total spaces: 2
  • Parking features: Alley Access,Yes,Owned