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Contingent
  • $18,000

    1606 S Drake Ave, Chicago, IL 60623

    --beds
    --baths
    3,125Square Feet
    Unimproved Land
    Built in ----
    3,125 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Rear alleyExcellent visibilityNeighborhood charm
    Discover an incredible opportunity in the heart of North Lawndale! This RT-4 zoned land lot offers the perfect canvas for your next residential or multi-unit development. Ideally situated just off a major street, the property provides excellent visibility and accessibility while maintaining a sense of neighborhood charm. A rear alley offers convenient access for parking or future garage construction. Whether you're an experienced developer, a first-time builder, or someone with a vision for creating something special, this parcel is ready for your ideas. Conveniently located near public transportation, parks, and schools-and just minutes from downtown Chicago-this location perfectly combines convenience and opportunity.
    54 days
    |
    4
    |
    0
    |

    Zillow last checked: 8 hours ago

    Listing updated: November 17, 2025 at 12:25pm

    Listing courtesy of:

    Tabren Smith 872-320-4321,

    EXIT Strategy Realty,

    Helen Lopez 773-930-5857,

    EXIT Strategy Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12505730MLS Logo

    Facts & features

    Property

    Features
    • Frontage length: 25
    Lot
    • Size: 3,125 Square Feet
    • Dimensions: 125x25
    Details
    • Parcel number: 16234000480000
    • Special conditions: None

    Utilities & green energy

    • Utilities for property: Unknown (verify)

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $38,180
    • Annual tax amount: $903
    • Date on market: 10/30/2025
    • Ownership: Fee Simple
    • Road surface type: None

    Estimated market value

    Not available

    Estimated sales range

    Not available

    $1,821/mo

    Price history

    Price history
    DateEventPrice
    11/17/2025Contingent$18,000
    Source: MRED as distributed by MLS GRID #12505730 Report a problem
    10/30/2025Listed for sale$18,000-55%
    Source: MRED as distributed by MLS GRID #12505730 Report a problem
    9/12/2005Sold$40,000
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2023$808 +2.6%$3,818
    2022$788 +2.3%$3,818
    2021$770 -9.7%$3,818

    Find assessor info on the county website

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: Lawndale

    Nearby schools

    GreatSchools rating
    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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