825 N Drake Avenue, Chicago, IL 60651
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.
- Listing Courtesy of: Inherent Homes LLC
Details
Updated on June 28, 2026 at 3:12 pm-
Property ID MRD12624394
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Price $525,000
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Bedrooms 4
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Year Built 2026
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Property Type Multi Family
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Property Status Active
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Parking Total 2
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Parcel Number 16024200140000
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Water Source Public
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Sewer Public Sewer
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MLS Status Active
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Days On Market 69
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Cumulative Days On Market 7
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Heating Electric
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Parking Features Alley Access,Yes,Owned
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Directions Chicago Ave to street, north to address
Address
Open on Google Maps- Address 825 N Drake Avenue
- City Chicago
- State/county IL
- Zip/Postal Code 60651
- Country United States
Overview
- Multi Family
- 4
- 2026
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