1510 S Drake Avenue, Chicago, IL 60623

Local realty services provided by:ERA Naper Realty
1510 S Drake Avenue,Chicago, IL 60623
$640,000
  • 11 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: melchor domantay
Office: second city real estate
MLS#:12554517
Source:MLSNI

Price summary

  • Price:$640,000

About this home

Stop renting and start owning - while tenants help alleviate your mortgage. This solid 3-unit property offers a rare opportunity to become a homeowner and investor at the same time. Featuring a total of 11 bedrooms and 3 full bathrooms, the spacious layouts provide comfort, privacy, and flexibility for today's lifestyle. Live in one unit and rent out the others to significantly reduce your monthly housing cost, making homeownership more achievable than ever. Whether you need space for family, guests, or a home office, this property allows you to create a home while building long-term wealth. Located on S Drake Ave in Chicago, you'll enjoy convenient access to public transportation, schools, parks, and everyday amenities. This is an ideal opportunity for first-time buyers, FHA buyers, or anyone ready to trade rent payments for equity. Why rent to someone else's when you can own a property that works for you? Build equity, generate income, and secure your future - all in one

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Home facts

  • Year built:1907
  • Listing ID #:12554517
  • Added:1 day(s) ago
  • Updated:February 11, 2026 at 08:41 PM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:3
  • Full bathrooms:3

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1907

Utilities

  • Water:Lake Michigan
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$640,000
  • Tax amount:$5,243 (2024)
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