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About the Listing 22450 - 922449,266104
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.
Listing Highlights for 1842 S Drake Ave
Status
Active
Days on Site
154
Property Type
Multi-Family
MLS ®
12339041
Year Built
1906
Total Square Footage
0
Lot/Acreage
0.07
Interior Details
- Bedrooms: 10
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished,Full,Walk-Out Access
- Other:
- Water: Lake Michigan
Exterior Details
- Garage Capacity: 2 car
- Parking Spaces: 2
- Lot Dimensions: 25X125
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Site,Garage Owned,Detached,Garage
Financial Details
- Tax Amount: $2,540
- Taxes w/Assessments: N/A
- Tax/Property ID: 16234000840000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
1842 S Drake Ave Chicago, IL 60623
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