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825 N Drake Avenue Chicago, IL 60651

$525,000
New / MLS# 12624394 / Multi Unit - Multiple / Chicago
4 Beds
2 Baths

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.

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Baird & Warner Mike Kerrigan Agent Cell: 847.778.5225 Email

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Estimated Payment

$ 1,319.79 per month $1,166.67 Principal & Interest $0.00 Property Tax (data not provided by mls) $153.13 Homeowner's Insurance
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Property Details

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

Schools

School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: Inherent Homes LLC

Listing Office Phone: 773-934-5807



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