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957 N Drake Avenue
Chicago IL 60651 US

$350,000

Active Listing ID 12451066
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Retail

$350,000

Active Listing ID 12451066
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957 N 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.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Retail
  • Features
  • Cooling System: Central Air
  • Floor Covering: Tile

Property

  • propertytype: Commercial Sale
  • propertysubtype: Retail
  • listprice: 350000
  • unparsedaddress: 957 N Drake Avenue
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60651
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 3360
  • livingareaunits: Square Feet
  • listagentfullname: Vanessa Smith
  • listagentemail: vanessa.smith@compass.com
  • listagentkey: 3yd-MREDIL-883837
  • listagentmlsid: 883837
  • listagentpreferredphone: 7734691025
  • listagentofficephone: 7734667150
  • listofficekey: 3yd-MREDIL-87121
  • listofficemlsid: 87121
  • disclaimer: Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1900
  • listingcontractdate: 2025-08-20
  • listagenturl: https://www.compass.com/
  • countyorparish: Cook
  • parcelnumber: 16024160010000
  • cooling: Central Air
  • flooring: Tile
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"vanessa.smith@compass.com", "ListBrokerageCity":null, "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Compass Real Estate", "ListBrokeragePhone":null, "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":null, "ListBrokerageWebsiteUrl":"https://www.compass.com/", "ListOfficeAddress1":"1643 N Milwaukee Ave", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Chicago", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"60647", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Retail - Chicago, IL", "ListingURL":"https://listings.listhub.net/pages/MREDIL/12451066/?channel=rexren", "MLSModificationTimestamp":"2025-09-25T14:09:01Z", "Neighborhoods":[{"Description":null, "Name":"CHI - Humboldt Park"}], "PostalCode":null, "RawPropertySubType":"Retail", "RawPropertyType":"Commercial Sale", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":12822.3, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/25/2025 7:33:59 PM GMT
Source Updated Date: 12/8/2025 6:53:59 PM GMT

Courtesy of: Vanessa Smith, Compass, vanessa.smith@compass.com

Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.