Welcome to your next investment opportunity in North Lawndale! This historic greystone has undergone a complete renovation, offering a blend of classic charm and modern comfort. Each of the three units boasts generous living space, with two units featuring 4 bedrooms and 1 bath with a whirpool tub, while the garden unit offers 3 bedrooms and 1 bathroom with a shower/tub combo. You'll find a mix of hardwood floors and plush new carpeting in select bedrooms, creating a cozy atmosphere throughout. The spacious kitchens come complete with an abundance of cabinets and soon-to-be-installed stainless steel appliances, adding both style and functionality. Outside, enjoy the convenience of 3 exterior parking spots and unwind on the small decks attached to the rear of the first and second floors. Whether you're an investor seeking a new property for your portfolio or a house hacker looking for a place to call home, this property is move-in ready and brimming with potential.
Closed
$500,000
1510 S Drake Ave, Chicago, IL 60623
11beds
--sqft
Multi Family
Built in 1904
-- sqft lot
$525,200 Zestimate®
$--/sqft
$1,941 Estimated rent
Home value
$525,200
$467,000 - $588,000
$1,941/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 17, 2025 at 09:19am
Listing courtesy of:
Joseph Kotoch 773-482-1917,
Compass,
Audrey Jones 773-957-3046,
Compass
Bought with:
Melchor Domantay
Second City Real Estate
Source: MRED as distributed by MLS GRID,MLS#: 11982070
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Features
- Basement: Finished,Full
Property
Parking
- Total spaces: 3
- Parking features: Off Alley, Alley Access, On Site, Owned
Features
- Patio & porch: Deck
Lot
- Size: 3,125 sqft
- Dimensions: 25 X 125
Details
- Parcel number: 16232220220000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stone
Condition
- New construction: No
- Year built: 1904
- Major remodel year: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & neighborhood
Location
- Region: Chicago
Other
Other facts
- Listing terms: VA
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2024 | Sold | $500,000 |
Source: Public Record | ||
| 4/29/2024 | Sold | $500,000 |
Source:  MRED as distributed by MLS GRID #11982070 | ||
| 3/20/2024 | Contingent | $500,000 |
Source: MRED as distributed by MLS GRID #11982070 | ||
| 2/26/2024 | Listed for sale | $500,000+284.6% |
Source: MRED as distributed by MLS GRID #11982070 | ||
| 12/22/2017 | Sold | $130,000-69.4% |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $1,906 +2.6% | $9,001 |
| 2022 | $1,858 +2.3% | $9,001 |
| 2021 | $1,816 -32.7% | $9,001 -25.4% |
Find assessor info on the county website
Neighborhood: Lawndale
Nearby schools
GreatSchools rating
- 3/10Dvorak Technology Acad Elementary SchoolGrades: PK-8Distance: 0.1 mi
- 1/10Farragut Career Academy High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Sell for more on Zillow
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$525,200
2% more+ $10,504
With Zillow Showcase(estimated)
$535,704