Homes for sale - 1842 S Drake AVE, Chicago, IL 60623

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Mark Rantis

mark@therantisgroup.com +1(847) 606-5272

$ 380,000

Est. payment | -/mo

10 Beds

3 Baths

3,049 Sqft Lot

Save

$ 380,000

Est. payment | -/mo

Save

10 Beds

3 Baths

3,049 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12509735

Bedrooms 10

Year Built 1906

Annual Tax Amount $2,540

Tax Year 2023

Lot Size 3,049 Sqft

Lot Dimensions 25X125

Property Sub-Type Two to Four Units

Property Description

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.

Location

State IL

County Cook

Area Chi - North Lawndale

Rooms

Basement Finished, Full, Walk-Out Access

Interior

Heating Natural Gas

Fireplace N

Exterior

Garage Spaces 2.0

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Jonathan Gil of Equity Realty

SCHOOLSPROPERTIES

Elementary Schools 20

9

Cardenas Elementary School

Public | PK - 3
8

Zapata Elementary School

Public | PK - 8
8

Mitchell Elementary School

Public | PK - 8
7

Locke a Elementary Charter Academy

Public | PK - 8
7

Burroughs Elementary School

Public | PK - 8
7

Columbus Elementary School

Public | PK - 8
6

Frazier Perspectives Magnet Elementary School

Public | KG - 8
6

Columbia Explorers Elementary Academy

Public | KG - 8
6

Horizon Science Academy-Mckinley Park

Public | KG - 8
5

Liberty Elementary School

Public | PK - 3
5

Hefferan Elementary School

Public | PK - 8
5

Sumner Elementary School

Public | PK - 8
5

C. Hughes Elementary School

Public | PK - 8
5

Corkery Elementary School

Public | KG - 8
5

Webster Elementary School

Public | PK - 8
5

Whitney Elementary School

Public | PK - 8
5

Gary Elementary School

Public | 3 - 8
5

Little Village Elementary School

Public | PK - 8
5

Ericson Elementary Scholastic Academy

Public | PK - 8
5

N. Davis Elementary School

Public | KG - 8

Middle Schools 5

7

Orozco Elementary School

Public | 6 - 8
5

Clark Academy Preparatory Magnet High School

Public | 7 - 12
3

Unity Jr High School

Public | 7 - 8
2

Madero Middle School

Public | 6 - 8
0

Iyc Chicago

Public | 6 - 12

High Schools 20

9

Westinghouse High School

Public | 9 - 12
8

Phoenix Military Academy High School

Public | 9 - 12
6

World Language High School

Public | 9 - 12
6

Crane Medical Preparatory High School

Public | 9 - 9
5

Infinity Math, Science and Technology High School

Public | 9 - 12
5

North Lawndale Charter High School

Public | 9 - 12
4

Marshall Metropolitan High School

Public | 9 - 12
4

Spry Community Links High School

Public | 9 - 12
4

Manley Career Academy High School

Public | 9 - 12
4

Ihsca Charter High School

Public | 9 - 12
3

School of Social Justice High School

Public | 9 - 12
2

Raby High School

Public | 9 - 12
1

Multicultural Academy of Scholarshp High School

Public | 9 - 12
1

Orr Academy High School

Public | 9 - 12
1

Farragut Career Academy High School

Public | 9 - 12
1

Collins Academy High School

Public | 9 - 12
1

Kelly High School

Public | 9 - 12
1

Legal Preparatory Academy Charter High School

Public | 9 - 10
0

Morton Alternative Schools

Public | 9 - 12
0

J Sterling Morton Alternative School

Public | 9 - 12

School and business data provided by Attom Data.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(847) 606-5272

mark@therantisgroup.com

1842 S Drake AVE Chicago, IL 60623