Chicago, IL 60623 1842 S Drake Avenue

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Presented By: Equity Realty
  • MLS# 12339041
  • 04/15/2025
  • Request Tour
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  • Beds • 10
  • Baths • 3
  • Garage • 2

Home Details

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.
Presented By: Equity Realty

Interior Features for 1842 S Drake Avenue

Bedrooms

Bedrooms Possible10
Total Bedrooms10

Bathrooms

Full Baths Building3
Half Baths Building
Total Baths3

Other Interior Features

BasementFinished, Full, Walk-Out Access
Total Number of Units3

General for 1842 S Drake Avenue

CityChicago
Construction MaterialsBrick
CountyCook
DirectionsOgden Ave to Drake to home
Elementary School District299
Garage Spaces2
HeatingNatural Gas
High School District299
MLS AreaCHI - North Lawndale
Middle/Junior School District299
New ConstructionNo
OwnershipFee Simple
PossessionClosing, Tenant's Rights
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount2540
Tax Year2023
Total Rooms14
TownshipWest Chicago
Waterfront Y/NNo
Year Built1906

Exterior for 1842 S Drake Avenue

Lot Dimensions25X125
Lot Size Acres0.07
Parking FeaturesOn Site, Garage Owned, Detached, Garage
Total Parking2
Water SourceLake Michigan

Additional Details

Price History

Client Care

Price $380,000
MLS#12339041
List Date 04/15/2025
Property Type Multi-Family
Phone 847.485.2500
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