1510 S Drake Avenue Chicago, IL $ 500,000
1510 S Drake Avenue
$ 500,000
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1510 S Drake Avenue

Chicago, IL, 60623
$ 500,000
Bedrooms11 Baths3.0

Monthly Estimate*

$ 3,493

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Multi-Family Home for sale in Chicago, IL

for $500,000 with 11 bedrooms and 3 full baths. This home was built in 1904.

Welcome to your next investment opportunity in North Lawndale! This historic greystone has undergone a complete renovation, offering a blend of classic charm and modern comfort. Each of the three units boasts generous living space, with two units featuring 4 bedrooms and 1 bath with a whirpool tub, while the garden unit offers 3 bedrooms and 1 bathroom with a shower/tub combo. You'll find a mix of hardwood floors and plush new carpeting in select bedrooms, creating a cozy atmosphere throughout. The spacious kitchens come complete with an abundance of cabinets and soon-to-be-installed stainless steel appliances, adding both style and functionality. Outside, enjoy the convenience of 3 exterior parking spots and unwind on the small decks attached to the rear of the first and second floors. Whether you're an investor seeking a new property for your portfolio or a house hacker looking for a place to call home, this property is move-in ready and brimming with potential.

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Multi-Family Contingent

Price

$ 500,000

Bedrooms

11

Full Bath

3

Property Type

Multi-Family

Taxes

$ 1,815

Style

Year Built

1904

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11982070

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Exterior Features Deck
Year Built 1904
Township West Chicago
Tax Year 2021
Percent Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 21
Status Contingent
Directions 16th St to Drake North to property
City Chicago
High School District 299
MLS Area CHI - North Lawndale
Waterfront Y/N N
Street Name Drake
Tax Annual Amount 1815.94
Additional Parcels Y/N N
Days on Market 24
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Full Finished
Street Suffix Avenue
Total Bedrooms 11
Total Baths 3
Bedrooms Possible 11
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Off Alley Alley Access
Water Source Lake Michigan Public
Total Parking 3
Lot Dimensions 25 X 125
Exterior Stone
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* Excluded Features
List By
Compass

Broker

joe.kotoch@compass.com

Email

Affordability Calculator

$3,644
Per Month
96%
4%
0%
Monthly Principal & Interest
$3,493
Monthly Property Taxes
$151
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/26/2024$500,000 Listed Price

Map


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1510 S Drake Avenue, Chicago, IL, 60623 is a Multi-Family Home for sale at $500,000. 1510 S Drake Avenue has 11 bedrooms, 3.0 baths, and was built in 1904. The property's zip code is 60623 which is in Chicago, IL