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USAILChicago1839 S Drake Ave
1839 S Drake Ave, Home with 9 bedrooms, 3 bathrooms and 2 parking in Chicago IL | Image 1
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$500,000

1839 S Drake Ave, Chicago, IL

Real Estate

For Sale

$--,---,---
932
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $5,293
Days Active 0
Lot Size 
Approx. Age 1903
MLS® Number 12457520

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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.Show Description
MLS® Number12457520
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1903
BasementFinished, Full
DrivewayOn Site
Garage Spaces
HeatNatural Gas
A/C
Heating Fuel

Extras

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