Updated 2 Days Ago
Location
4740 N Drake Ave #2, Chicago, IL 60625, USA|Albany Park
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Property Overview
Please share the specific **Pros**, **Great for**, and **Notable features** details for 4740 N Drake Ave #2 so I can write the 2–3 sentence summary.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby- Middle school nearby
- Less expensive
Great for
Pet owners
Social life
Amenities for 4740 N Drake Ave #2, Albany Park
Features
| Gas | Hardwood Floor |
| High Ceilings | Radiant |
Appliances
| Refrigerator |
Community
| Cats OK | Security Cameras |
Grounds
| Fenced Yard | Outdoor Space |
Neighborhood
| Near Parks | Street |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 4740 N Drake Ave #2
Property Id: 2829093 Beautiful unit featuring separate living and dining rooms, recently updated kitchen and bathroom, huge pantry, high ceilings, finished hardwood floors throughout. Enjoy two great outdoor balconies -front and rear. Walking distance to Kimball brown Line. No smoking. Cats are welcome; no dogs. $50/month pet rent Per cat. One-time non-refundable pet fee: $100 for the first cat + $50 for the second (2-cat maximum). Deposit: $2,500 First month's rent, deposit, and cat fees due at signing. Owner pays: Water & heat Tenant pays: Electricity & cooking gas Landlord's criteria Income/mo 3 x rent Application Requirements: Each adult applicant is required to complete a separate rental application. Application Fee: $45 per adult applicant. The application fee is non-refundable and must be paid at the time the application is submitted.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 4740 N Drake Ave, Chicago, IL 60625, USA compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.3 mile away
- Middle school nearby
- There is a middle school 0.3 mile away
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- Images available
- There are at least 10 photos of this address
- Outdoor space
- One or more rentals here have easy access to the outdoors
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.4 mile away
- No in-unit dishwasher
- Dishwashers aren't available
- No laundry facilities available
- This property doesn't offer on-site or in-unit washers and dryers
Address details
| Neighborhood | Albany Park |
|---|---|
| Zip code | 60625 |
| Type | Condo for rent |
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Rent trends in Albany Park
3-bedroom apartments at 4740 N Drake Ave #2 cost about the same as the average rent price for 3-bedroom apartments in Chicago.
Median rents as of Aug 29 2026.
Albany Park
Chicago
| Month | Median Rent |
|---|---|
| September 2024 | $3,005 |
| October 2024 | $2,997 |
| November 2024 | $2,921 |
| December 2024 | $2,891 |
| January 2025 | $2,880 |
| February 2025 | $2,917 |
| March 2025 | $2,888 |
| April 2025 | $2,911 |
| May 2025 | $2,944 |
| June 2025 | $2,961 |
| July 2025 | $2,986 |
| August 2025 | $2,854 |
| September 2025 | $2,699 |
| October 2025 | $2,650 |
| November 2025 | $2,839 |
| December 2025 | $2,640 |
| January 2026 | $2,649 |
| February 2026 | $2,751 |
| March 2026 | $2,932 |
| April 2026 | $2,985 |
| May 2026 | $3,000 |
| June 2026 | $3,024 |
| July 2026 | $2,967 |
| August 2026 | $2,889 |
| Month | Median Rent |
|---|---|
| September 2024 | $1,908 |
| October 2024 | $2,040 |
| November 2024 | $2,063 |
| December 2024 | $2,005 |
| January 2025 | $1,918 |
| February 2025 | $1,918 |
| March 2025 | $1,989 |
| April 2025 | $2,101 |
| May 2025 | $2,241 |
| June 2025 | $1,987 |
| July 2025 | $2,215 |
| August 2025 | $2,310 |
| September 2025 | $2,233 |
| October 2025 | $2,201 |
| November 2025 | $2,215 |
| December 2025 | $2,226 |
| January 2026 | $2,258 |
| February 2026 | $2,229 |
| March 2026 | $2,215 |
| April 2026 | $2,313 |
| May 2026 | $2,490 |
| June 2026 | $2,731 |
| July 2026 | $2,400 |
| August 2026 | $2,385 |
Affordability calculator
Can I afford to live at 4740 N Drake Ave #2?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$100,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $100,000 annually to afford this 3-bedrooms monthly rent price of $2,500.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 4 years ago | $1,400 | 2 bed | 1 bath | ||
| 6 years ago | $1,300 | 2 bed | 1 bath | ||
| 6 years ago | $1,300 | 2 bed | 1 bath | ||
| 6 years ago | $1,400 | 2 bed | 1 bath |
Schools near 4740 N Drake Ave #2
Haugan Elementary School
4540 n hamlin ave
chicago, IL, 60625
PK, K-8Public
C
Albany Park Community Center
5101 n kimball ave 1
chicago, IL, 60625
PKPublic
North River Elementary School
4416 n troy st
chicago, IL, 60625
PK, K-8Public
C+
Chicago Academy Elementary School
3400 n austin ave
chicago, IL, 60634
PK, K-8Public
B-
Fairview South School
7040 laramie ave
skokie, IL, 60077
K-8Public
A
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Internet available near 4740 N Drake Ave #2
Getting around Chicago near 4740 N Drake Ave #2
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
4/10
This area is accessible to thoroughfares and has ample parking options.
Transit
8/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 4740 N Drake Ave #2, Chicago
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
7/10
Variety of shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
8/10
Variety of restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 20-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
5/10
Some bars within walking distance
Other units at this address
4740 N Drake Ave, Chicago, IL
4740 N Drake Ave Chicago, IL
Occupied
1
2 Beds
1 Bath
$1,300
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