957 North Drake Avenue, Chicago, IL

$350,000

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About 957 North Drake Avenue

Opportunity abounds! Unique commercial building at the corner of Augusta and Drake with three bathrooms, a garage space, and an underutilized fenced patio area. A potential for 3 units - must verify with zoning expert. One unit is currently rented to a convenience store tenant for $3000/mo, set to increase to $3500/mo in January 2026. Lease term through May 2027. The zoning is RS-3 and has a zoning variance for the store - there is an active business license. As long as this business license doesn't lapse for 6 months, it can be renewed. The other spaces are currently used for owner storage. Lots of new construction and development in the area - 6 unit building across the street is under contract and will be renovated. Just blocks from Alexander Von Humboldt Park. Vintage Coca Cola sign is excluded.

Features of 957 North Drake Avenue

MLS® # 12451066
Price $350,000
Bathrooms 0.00
Acres 0.00
Year Built 1900
Type Commercial Sale
Sub-Type Retail/Stores
Status Active

Community Information

Address 957 North Drake Avenue
Area CHI - Humboldt Park
City Chicago
County Cook
State IL
Zip Code 60651

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Exterior

Exterior Brick

Additional Information

Days on Market 64
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCompass
Contact Info773-466-7150

Listing Map

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