1510 S Drake Ave

Chicago, IL 60623
  • $640,000

    Price
  • 11

    Bed
  • 3

    Bath
  • 0

    SqFt

About the Listing 86981 - 893003

Stop renting and start owning - while tenants help alleviate your mortgage. This solid 3-unit property offers a rare opportunity to become a homeowner and investor at the same time. Featuring a total of 11 bedrooms and 3 full bathrooms, the spacious layouts provide comfort, privacy, and flexibility for today's lifestyle. Live in one unit and rent out the others to significantly reduce your monthly housing cost, making homeownership more achievable than ever. Whether you need space for family, guests, or a home office, this property allows you to create a home while building long-term wealth. Located on S Drake Ave in Chicago, you'll enjoy convenient access to public transportation, schools, parks, and everyday amenities. This is an ideal opportunity for first-time buyers, FHA buyers, or anyone ready to trade rent payments for equity. Why rent to someone else's when you can own a property that works for you? Build equity, generate income, and secure your future - all in one move

Listing Highlights

Status Active
Days on Site 14
Property Type Multi-Family
MLS ® 12554517
Year Built 1907
Total Square Footage 0
Lot/Acreage 25 x 125
County Cook
School District 299

Interior Details

  • Bedrooms: 11
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Finished,Full
  • Other:
  • Water: Lake Michigan

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 3
  • Lot Dimensions: 25 x 125
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Yes

Financial Details

  • Tax Amount: $5,243
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 16232220220000
  • Tax Year: 2024

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

1510 S Drake Ave Chicago, IL 60623

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: mred

|

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way