1842 S Drake Avenue, Chicago, IL 60623

Chicago
Local realty services provided by:Results Realty ERA Powered
1842 S Drake Avenue,Chicago, IL 60623
$380,000
  • 10 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jonathan gil, natalia gil
Office: equity realty
MLS#:12509735
Source:MLSNI

Price summary

  • Price:$380,000

About this home

Discover this wonderful brick 3-flat situated in the heart of Chicago's vibrant North Lawndale neighborhood. Located less than a block from the renowned Farm on Ogden, a year-round indoor market offering fresh produce and community programs, and just minutes from the historic Douglass Park Field House-a 173-acre park featuring lagoons, playgrounds, soccer fields, and cultural events. Each of the three spacious units is currently occupied, providing immediate rental income-a true turn-key investment opportunity. Whether you're an investor seeking a cash-flowing asset or a homeowner looking to reside in one unit while renting the others, this property offers flexibility and potential. Commuters will appreciate the proximity to the Pink Line, just a short 3-minute walk away, ensuring easy access to downtown Chicago and beyond. The area is also well-served by major expressways and local amenities, enhancing its appeal to tenants and residents alike. Don't miss out on this...

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Home facts

  • Year built:1906
  • Listing ID #:12509735
  • Updated:April 07, 2026 at 10:50 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:14
  • Basement:Yes
  • Basement Description:Finished, Full

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1906
  • Lot area:0.07 Acres

Utilities

  • Water:Lake Michigan
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$380,000
  • Tax amount:$2,540 (2023)

Parking

  • Total parking spaces:2
  • Parking description:Detached Garage, Garage
  • Garage:Yes
  • Garage spaces:2
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