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$380,000
New Listing

1842 S Drake Avenue
Chicago, IL 60623

For Sale|Multi Family|Active
10
Beds
3
Total Baths
1906
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Equity Realty
Call Now: 312-767-7744
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312-767-7744
1842 S Drake Avenue1842 S Drake Avenue1842 S Drake Avenue1842 S Drake Avenue
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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.

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Listing Snapshot
Price 
$380,000
Days On Site 
0 Days
Bedrooms 
10
Inside Area (SqFt) 
N/A
Total Baths 
3
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.07 Acres
Year Built 
1906
MLS® Number 
12509735
Status 
Active
Property Tax 
$2,540
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
13 hours agoListing updated with changes from the MLS®
13 hours agoListing first seen on site
General Features
Acres 
0.07
Garage 
Yes
Garage Spaces 
2
Parking 
On SiteDetachedGarage
Parking Spaces 
2
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Interior Features
Basement 
FinishedFullWalk-Out Access
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 Equity Realty



Based on information submitted to the MLS GRID as of 2025-11-04 06:31 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: 2025-11-04 06:31 AM UTC
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Neighborhood & Commute
Source: Walkscore
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