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.
Property Details
Price:
$525,000
MLS #:
MRD12624394
Status:
Active
Beds:
4
Baths:
2
Type:
Multi Family
Neighborhood:
chihumboldtpark
Listed Date:
Apr 20, 2026
Year Built:
2026
See this Listing
Schools
School District:
299
Interior
Heating
Electric
Exterior
Construction Materials
Vinyl Siding, Fiber Cement, Combination
New Construction YN
1
Parking Features
Alley Access, Yes, Owned
Parking Spots
2
Parking Total
2
Financial
Tax Year
2023
Map
Community
- Address825 N Drake Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60651
Market Summary
Current real estate data for Multi Family in Chicago as of Jun 18, 2026
1,409
Multi Family Listed
80
Avg DOM
$532,623
Avg List Price
Property Summary
- 825 N Drake Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60651. It is listed for $525,000
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Copyright 2026. All rights reserved.
825 N Drake Avenue
Chicago, IL


