656 N Drake Street Chicago, IL $ 290,000
656 N Drake Street
$ 290,000
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656 N Drake Street

Chicago, IL, 60623
$ 290,000
Bedrooms7 Baths3.0

Monthly Estimate*

$ 1,786

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Multi-Family Home for sale in Chicago, IL

for $290,000 with 7 bedrooms and 3 full baths. The lot size is 125.5.

Classic Chicago grey-stone two-flat on a corner lot and a quiet tree-lined city street, an ideal opportunity for an owner-occupant or value-add investor. Each spacious unit features three bedrooms, living and dinning rooms, hardwood floors throughout, beautiful original details includes vintage trim, baseboards, and timeless character you simply can't replicate. The property offers antique kitchens and baths ready for your vision, plus a finished basement for added flexibility. A two-car garage completes the package. Updates are needed and the home is being sold AS-IS, making this a strong candidate for buyers looking to renovate, build equity, and customize a true Chicago classic.

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Multi-Family Contingent

Price

$ 290,000

Bedrooms

7

Full Bath

3

Property Type

Multi-Family

Taxes

$ 3,172

Style

Lot Size

125.5

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12556780

Features
General
Sewer Public Sewer
Heating Steam
Possession Closing
Garage Spaces 2
Construction Materials Stone
Township west
Tax Year 2024
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 14
Status Contingent
Directions Chicago Ave East/West to Central Park to Huron to 656 Drake
City Chicago
High School District 299
MLS Area CHI - Humboldt Park
Tax Annual Amount 3172
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Partially Finished Full
Total Bedrooms 7
Total Baths 3
Bedrooms Possible 7
Full Baths Building 3
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Yes Detached Garage
Water Source Public
Total Parking 2
Lot Dimensions 3172
Lot Size Acres 125.5
Waterfront Y/N N
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* Excluded Features
List By
Coldwell Banker Realty

Broker

brokerfields@gmail.com

Email

Affordability Calculator

$2,050
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,786
Monthly Property Taxes
$264
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1/28/2026$259,999 Listed Price

Map


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656 N Drake Street, Chicago, IL, 60623 is a Multi-Family Home for sale at $290,000 with a lot size of 125.5. 656 N Drake Street has 7 bedrooms and 3.0 baths. The property's zip code is 60623 which is in Chicago, IL