1510 S Drake Avenue Chicago, IL $ 640,000
1510 S Drake Avenue
$ 640,000
Recently Listed
Share Save

1510 S Drake Avenue

Chicago, IL, 60623
$ 640,000
Bedrooms11 Baths3.0

Monthly Estimate*

$ 3,941

1510 S Drake Avenue, Chicago, IL 60623 - Image 1
1510 S Drake Avenue, Chicago, IL 60623 - Image 2
1510 S Drake Avenue, Chicago, IL 60623 - Image 3
1510 S Drake Avenue, Chicago, IL 60623 - Image 4
1510 S Drake Avenue, Chicago, IL 60623 - Image 5
1510 S Drake Avenue, Chicago, IL 60623 - Image 6
1510 S Drake Avenue, Chicago, IL 60623 - Image 7
1510 S Drake Avenue, Chicago, IL 60623 - Image 8
1510 S Drake Avenue, Chicago, IL 60623 - Image 9
1510 S Drake Avenue, Chicago, IL 60623 - Image 10

Multi-Family Home for sale in Chicago, IL

for $640,000 with 11 bedrooms and 3 full baths. This home was built in 1907.

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

See more

Multi-Family Active

Price

$ 640,000

Bedrooms

11

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,243

Style

Year Built

1907

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12554517

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Construction Materials Brick
Year Built 1907
Township West Chicago
Tax Year 2024
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 21
Status Active
Directions 16th St to Drake North to property
City Chicago
High School District 299
MLS Area CHI - North Lawndale
Tax Annual Amount 5243
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
See more
Interior
Basement Finished Full
Total Bedrooms 11
Total Baths 3
Bedrooms Possible 11
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
See more
Exterior
Parking Features Yes
Water Source Lake Michigan
Total Parking 3
Lot Dimensions 25 x 125
Waterfront Y/N N
See more
* Excluded Features
List By
Second City Real Estate

Broker

jayr.yourbroker@gmail.com

Email

Affordability Calculator

$4,378
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,941
Monthly Property Taxes
$437
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/11/2026$640,000 Listed Price

Map


See all

1510 S Drake Avenue, Chicago, IL, 60623 is a Multi-Family Home for sale at $640,000. 1510 S Drake Avenue has 11 bedrooms, 3.0 baths, and was built in 1907. The property's zip code is 60623 which is in Chicago, IL