1510 S Drake Avenue, Chicago, IL 60623
Local realty services provided by:ERA Naper Realty
1510 S Drake Avenue,Chicago, IL 60623
$564,900
- 11 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: aaron vanderbilt
Office: baird & warner, inc.
MLS#:12807695
Source:MLSNI
Price summary
- Price:$564,900
About this home
Own Your Home While Building Your Investment Stop renting and start building equity with this exceptional 3-unit property on S. Drake Ave in Chicago. Offering a total of 11 bedrooms and 3 full bathrooms, this spacious multifamily property presents a unique opportunity for homeowners and investors alike. Live in one unit while renting out the remaining units to help offset your monthly housing expenses. This owner-occupant strategy can make homeownership more attainable while providing the potential to generate rental income and build long-term equity. Each unit offers generous living space, providing flexibility for families, guests, home offices, or additional living arrangements. Whether you're a first-time homebuyer, an FHA buyer, or an investor seeking a multifamily property, this versatile building offers multiple possibilities. Conveniently located on S. Drake Ave, the property provides access to public transportation, schools, parks, shopping, dining, and everyday amenities, making it a practical choice for both homeowners and tenants. Why continue paying rent when you can own a property that works for you? Take advantage of the opportunity to combine homeownership, rental income potential, and long-term wealth building in one property. Live in one. Rent the others. Build equity. Own your future....
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Home facts
- Year built:1907
- Listing ID #:12807695
- Updated:November 14, 2026 at 12:32 PM
Rooms and interior
- Bedrooms:11
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:21
- Basement Description:Finished, Full
Heating and cooling
- Heating:Gas
Structure and exterior
- Year built:1907
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$564,900
- Tax amount:$5,243 (2024)
Parking
- Total parking spaces:3
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