1842 S Drake Avenue, Chicago, IL 60623
Local realty services provided by:Better Homes and Gardens Real Estate Connections
1842 S Drake Avenue,Chicago, IL 60623
$380,000
- 10 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: jonathan gil, natalia gil
Office: equity realty
MLS#:12509735
Source:MLSNI
Price summary
- Price:$380,000
About this home
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.
Contact an agent
Home facts
- Year built:1906
- Listing ID #:12509735
- Added:262 day(s) ago
- Updated:January 03, 2026 at 11:48 AM
Rooms and interior
- Bedrooms:10
- Total bathrooms:3
- Full bathrooms:3
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1906
- Lot area:0.07 Acres
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$380,000
- Tax amount:$2,540 (2023)
New listings near 1842 S Drake Avenue
- New
$790,000Active3 beds 4 baths3452 N Newcastle Avenue, Chicago, IL 60634
MLS# 12517005Listed by: SMART HOME REALTY - New
$379,000Active2 beds 2 baths1,200 sq. ft.2356 N Elston Avenue #205, Chicago, IL 60614
MLS# 12539112Listed by: BAIRD & WARNER - New
$460,000Active2 beds 2 baths2555 W Leland Avenue #204, Chicago, IL 60625
MLS# 12539671Listed by: FULTON GRACE REALTY - New
$384,900Active5 beds 2 baths1,415 sq. ft.6441 S Campbell Avenue, Chicago, IL 60629
MLS# 12539720Listed by: INTELLECTUAL REAL ESTATE SERVICES AND INVESTMENTS - New
$904,900Active3 beds 4 baths3,000 sq. ft.1310 N Ritchie Court #24BC, Chicago, IL 60610
MLS# 12516309Listed by: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE - New
$499,000Active4 beds 3 baths2,600 sq. ft.1920 N Springfield Avenue #1S, Chicago, IL 60647
MLS# 12539553Listed by: BERKSHIRE HATHAWAY HOMESERVICES STARCK REAL ESTATE - New
$319,900Active1 beds 1 baths1360 N Sandburg Terrace #1807C, Chicago, IL 60610
MLS# 12539664Listed by: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE - New
$309,000Active2 beds 2 baths1,050 sq. ft.4343 N Clarendon Avenue #2717, Chicago, IL 60613
MLS# 12539684Listed by: PICHE PARTNERS - New
$899,900Active4 beds 4 baths3,558 sq. ft.3710 W 113th Street, Chicago, IL 60655
MLS# 12523533Listed by: RE/MAX 10 - New
$199,999Active3 beds 2 baths1,800 sq. ft.4148 S King Drive #G3, Chicago, IL 60653
MLS# 12530413Listed by: BERG PROPERTIES