1839 Drake Avenue, North Lawndale, Chicago, Illinois 60623
$500,000
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For Sale
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| Status: | Active |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 9 |
| Baths: | 0 |
| Year Built: | 1903 |
| Property Taxes: | $5,293 |
| Days On Market: | 13 |
| Lot Size: | 0,00 |
Description
Beautifully updated brick 2-flat with a finished non-conforming garden unit located in the heart of Chicago's North Lawndale neighborhood. Recent renovations include updated electrical and plumbing, newer HVAC, in-unit washer/dryer hookups, and refreshed interiors throughout. Each apartment features spacious layouts, modern kitchens with granite countertops, and upgraded bathrooms. Unit Mix: Unit 1: 3 bedrooms / 1 bathroom Unit 2: 4 bedrooms / 1 bathroom Garden Apartment (non-conforming): 2 bedrooms / 1 bathroom All units are currently occupied on month-to-month leases, providing immediate income with the flexibility to adjust rents to market levels. Market comps suggest 3- and 4-bedroom units in the area rent between $1,700-$1,900/month, while the garden apartment is conservatively valued at $1,300/month. Perfect for investors seeking strong cash flow, rental upside, and a fully modernized property in one of Chicago's most actively revitalizing communities.
Property Specifics
| Multi-unit | |
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| 1903 | |
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| No | |
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| Cook | |
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| — / — | |
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| — | |
| 12457520 | |
| 16234080140000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 22 Jun, 2012 | Sold | $34,500 | MRED MLS |
| 14 May, 2012 | Under contract | $30,900 | MRED MLS |
| 14 Apr, 2012 | Listed for sale | $30,900 | MRED MLS |
| 28 Aug, 2025 | Listed for sale | $500,000 | MRED MLS |
Room Specifics
Total Bedrooms: 9
Bedrooms Above Ground: 9
Bedrooms Below Ground: 0
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Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
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| 3125 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2012 | $4,375 |
| 2025 | $5,293 |
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Listing Provided By
A Progeny Global LLC
