1635 N Drake Ave., Chicago, IL 60647

Massive 4-flat in the heart of Logan Square / Humboldt Park! This is truly a turn-key investment property; professionally managed and fully occupied. Long term tenants pay all utilities! Units show well, with significant upside potential through additional value-add investments. Current rents below market, but support an attractive cap rate at this value; total rental income of $4,650 monthly or $55,800 annually. Located on an oversized 25 x 177 ft lot with exterior parking for each unit, and just steps to the 606 trail and Humboldt Park. A must see!