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Active
  • $380,000

    1842 S Drake Ave, Chicago, IL 60623

    10beds
    --sqft
    : 
    Multi Family
    Built in 1906
    -- sqft lot
    $378,300 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Spacious units
    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.
    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#: 12339041MLS Logo

    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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