Active

825 Drake Avenue

Chicago, IL 60651
$525,000
4beds
2baths
sqft
Ask Dwello about this home
Anything from "is it priced right?" to "what's the catch?"

About this home

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.
MLS Description — as provided by the listing brokerage.

The facts

Property typeResidential Income
Year built2026
Lot size
Annual tax$0
CountyCook
MLS #MRD12624394
Days on market3

Features

Heating
Electric
Parking
Alley AccessYesOwned
Construction
Vinyl SidingFiber CementCombination
Sewer
Public Sewer
Listed by
Inherent Homes LLC
Sonia Salazar-Del Real

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 4/22/2026, 8:39:03 PM. All data should be independently verified.

You + your agent

What do you think?

React below so your dwello agent knows how you feel. Leave a note to start a conversation about this home.

Loading…