1842 S Drake Avenue, Chicago, IL 60623
Local realty services provided by:ERA Naper Realty
1842 S Drake Avenue,Chicago, IL 60623
$380,000
- 10 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:jonathan gil
Office:equity realty
MLS#:12339041
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 exceptional opportunity to own a piece of Chicago's thriving real estate market. Seller is a licensed real estate broker.
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Home facts
- Year built:1906
- Listing ID #:12339041
- Added:162 day(s) ago
- Updated:September 25, 2025 at 01:28 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:3
- Full bathrooms:3
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)
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