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$500,000
3 Days On Site

1839 S Drake Avenue
Chicago, IL 60623

For Sale|Multi Family|Active
9
Beds
3
Total Baths
1903
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of A Progeny Global LLC
Call Now: 312-767-7744
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312-767-7744
1839 S Drake Avenue1839 S Drake Avenue1839 S Drake Avenue1839 S Drake Avenue
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Beautifully updated brick 2-flat with a finished non-conforming garden unit located in the heart of Chicago's North Lawndale neighborhood. Recent renovations include updated electrical and plumbing, newer HVAC, in-unit washer/dryer hookups, and refreshed interiors throughout. Each apartment features spacious layouts, modern kitchens with granite countertops, and upgraded bathrooms. Unit Mix: Unit 1: 3 bedrooms / 1 bathroom Unit 2: 4 bedrooms / 1 bathroom Garden Apartment (non-conforming): 2 bedrooms / 1 bathroom All units are currently occupied on month-to-month leases, providing immediate income with the flexibility to adjust rents to market levels. Market comps suggest 3- and 4-bedroom units in the area rent between $1,700-$1,900/month, while the garden apartment is conservatively valued at $1,300/month. Perfect for investors seeking strong cash flow, rental upside, and a fully modernized property in one of Chicago's most actively revitalizing communities.

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Listing Snapshot
Price 
$500,000
Days On Site 
3 Days
Bedrooms 
9
Inside Area (SqFt) 
N/A
Total Baths 
3
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1903
MLS® Number 
12457520
Status 
Active
Property Tax 
$5,293
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS®
4 days agoListing first seen on site
General Features
Parking 
On Site
Parking Spaces 
2
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Zoning 
MULTI
Interior Features
Basement 
FinishedFull
Heating 
Natural Gas
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Exterior Features
Construction Details 
Brick
Community Features
MLS Area 
CHI - North Lawndale
School District 
299
Township 
West Chicago
Schools
School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of A Progeny Global LLC



Based on information submitted to the MLS GRID as of 2025-09-01 07:11 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-09-01 07:11 AM UTC
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Neighborhood & Commute
Source: Walkscore
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