1842 South Drake Avenue, Chicago, IL, 60623

$380,000

10

Beds

3

Baths

0.07

Acres

About 1842 South Drake Avenue

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.

Additional Information: This property is located in the CHI - North Lawndale neighborhood, IL. This 10 bedrooms two to four units property is priced at $380,000.

Facts & Features

MLS® # 12509735
Price $380,000
Bedrooms 10
Bathrooms 3.00
Taxes $2,540
Acres 0.07
Year Built 1906
Type Residential Income
Sub-Type Two to Four Units
Status New

Community Information

Address 1842 South Drake Avenue
Area CHI - North Lawndale
City Chicago
County Cook
State IL
Zip Code 60623

Amenities

Parking Spaces 2
Parking Yes, Garage Owned, Detached, Garage
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement Yes
Basement Finished, Full, Walk-Out Access

Exterior

Exterior Brick

School Information

District 299

Additional Information

Days on Market 4
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $2,540

Listing Details

OfficeEquity Realty
Contact Info630-990-2133

Listing Map

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