1826 S Drake Avenue Chicago, IL $ 510,000
1826 S Drake Avenue
$ 510,000
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1826 S Drake Avenue

Chicago, IL, 60623
$ 510,000
Bedrooms8 Baths3.0 Sq 3,100

Monthly Estimate*

$ 3,182

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Multi-Family Home for sale in Chicago, IL

for $510,000 with 8 bedrooms and 3 full baths. This 3,100 square foot home was built in 1903 on a lot size of 0.25.

Experience this classic vintage Chicago greystone that has been meticulously maintained. This property is a rare opportunity for homebuyers, investors, or renters looking for a blend of style, comfort, and value in a flourishing neighborhood. It's perfectly positioned; just six miles from downtown Chicago. This residence boasts of premium upgrades: new furnaces, central air conditioning, and a recently installed roof-ensuring year-round luxury and stress-free ownership. Immerse yourself in North Lawndale's dynamic energy, where revitalization projects are transforming the community with new parks, local businesses, and cultural spaces. Discover a true sense of belonging among welcoming neighbors and a growing arts scene. Enjoy ease of connectivity with effortless access to CTA train, bus routes, and Midway Airport which is only 6.4 miles away. This location is a hub for top institutions such as Rush University Medical Center, the University of Illinois at Chicago, Malcolm X College, and University of Illinois Hospital making it a premier choice for professionals, students, and families. Whether you're seeking a statement investment property, your first forever home, or a move-in-ready rental, this North Lawndale greystone seamlessly delivers elevated living along with lasting community warmth. Seize this unique chance to own, invest, or reside in true Chicago style right in the heart of a neighborhood on the rise.

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Multi-Family Contingent

Price

$ 510,000

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 2,752

Style

Greystone

Lot Size

0.25

Year Built

1903

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12503838

Features
Exterior
Model GREYSTONE
Parking Features Unassigned Off Street Alley Access Garage Faces Side Yes Owned
Water Source Lake Michigan
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 3925
Lot Size Acres 0.25
Waterfront Y/N N
Other Equipment TV Antenna
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General
Sewer Public Sewer Storm Sewer
Heating Natural Gas
Possession Closing
Roof Rubber Flat
Architectural Style Greystone
Construction Materials Stone
Year Built 1903
Township West Chicago
Tax Year 2023
Ownership Fee Simple
Gross Income 0
Community Features Curbs Sidewalks Street Lights Street Paved
County Cook
Net Operating Income 0
New Construction N
Property Type Residential Income Two to Four Units
Contingency Financing
Subdivision Name Lawndale
Other Structures Garage Faces Side
Total Rooms 16
Status Contingent
Directions One block east of CENTRAL PARK AVE from OGDEN AVE to DRAKE AVE. Travel north on DRAKE AVE. to 1826 S. DRAKE AVE. DRAKE AVE. is a one way street going north.
City Chicago
High School District 299
MLS Area CHI - North Lawndale
Tax Annual Amount 2752
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Exterior Entry 9 ft + pour Concrete Rec/Family Area Sleeping Area Storage Space Daylight Full Walk-Out Access
Total Bedrooms 8
Room Type Enclosed Porch
Total Baths 3
Bedrooms Possible 8
Full Baths Building 3
Half Baths Building 0
Total Number of Units 2
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* Excluded Features
List By
Realty Plus

Broker

t1ecec3@gmail.com

Email

Affordability Calculator

$3,411
Per Month
93%
7%
0%
Monthly Principal & Interest
$3,182
Monthly Property Taxes
$229
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/28/2025$510,000 Listed Price

Map


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1826 S Drake Avenue, Chicago, IL, 60623 is a Multi-Family Home for sale at $510,000 with 3,100 sqft and a lot size of 0.25. 1826 S Drake Avenue has 8 bedrooms, 3.0 baths, and was built in 1903. The property's zip code is 60623 which is in Chicago, IL