825 N Drake Avenue, Chicago, IL

$525,000

Overview

  • 340753
  • Property ID
  • Updated On:
  • April 20, 2026
  • 4
  • Bedrooms
  • 2
  • Bathrooms

Description

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.

Bedrooms
2
4
Climate Control
Heating
Garden
Yes
Other Features
Alley Access
Combination
Electric
Fiber Cement
New Construction
Owned
Public
Public Sewer
Vinyl Siding

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$2,691.78
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 2,035.53

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Information for the property at 825 N Drake Avenue, Chicago, IL, 60651 (Property ID: 340753) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi