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Active
  • $380,000

    1842 S Drake Ave, Chicago, IL 60623

    10beds
    --sqft
    : 
    Multi Family
    Built in 1906
    -- sqft lot
    $378,600 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.
    42 days
    |
    239
    |
    21
    |

    Zillow last checked: 8 hours ago

    Listing updated: November 08, 2025 at 10:06pm

    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#: 12509735MLS Logo

    Tour with a local agent

    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: 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: 11/3/2025
    • Ownership: Fee Simple
    Get pre-qualifiedBe ready to make an offer.
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    Estimated market value

    $378,600

    $360,000 - $398,000

    $1,829/mo

    Price history

    Price history
    DateEventPrice
    11/3/2025Listed for sale$380,000
    Source: MRED as distributed by MLS GRID #12509735 Report a problem
    10/16/2025Listing removed$380,000
    Source: MRED as distributed by MLS GRID #12339041 Report a problem
    4/15/2025Listed for sale$380,000+8.6%
    Source: MRED as distributed by MLS GRID #12339041 Report a problem
    9/25/2023Listing removed--
    Source: MRED as distributed by MLS GRID #11780313 Report a problem
    5/11/2023Listed for sale$350,000
    Source: MRED as distributed by MLS GRID #11780313 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $2,552/mo
    Principal & interest
    $1824
    Property taxes
    $595
    Home insurance
    $133

      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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