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.
Active
$380,000
1842 S Drake Ave, Chicago, IL 60623
10beds
--sqft
Est.:
Multi Family
Built in 1906
-- sqft lot
$378,300 Zestimate®
$--/sqft
$-- HOA
What's special
Spacious units
- 33 days
- on Zillow |
- 260 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: May 07, 2025 at 09:34pm
Listing courtesy of:
Jonathan Gil 773-469-1677,
Equity Realty,
Natalia Gil 773-314-6788,
Equity Realty
Source: MRED as distributed by MLS GRID,MLS#: 12339041

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Features
- Basement: Finished,Full,Walk-Out Access
Property
Parking
- Total spaces: 2
- Parking features: On Site, Garage Owned, Detached, Garage
- Garage spaces: 2
Lot
- Size: 3,049.2 Square Feet
- Dimensions: 25X125
Details
- Parcel number: 16234000840000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1906
- Major remodel year: 2015
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Annual tax amount: $2,540
- Date on market: 4/15/2025
- Ownership: Fee Simple
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