1842 Drake Avenue, North Lawndale, Chicago, Illinois 60623


$380,000

For Sale
Status: Re-activated
Sqft: 0
Cost/Sqft:
Beds: 10
Baths: 0
Year Built: 1906
Property Taxes: $2,540
Days On Market: 47
Lot Size: 0,07
Map
Street View

Description

Discover this wonderful brick 3-flat situated in the heart of Chicago's vibrant North Lawndale neighborhood. Located less than a block from the renowned Farm on Ogden, a year-round indoor market offering fresh produce and community programs, and just minutes from the historic Douglass Park Field House-a 173-acre park featuring lagoons, playgrounds, soccer fields, and cultural events. Each of the three spacious units is currently occupied, providing immediate rental income-a true turn-key investment opportunity. Whether you're an investor seeking a cash-flowing asset or a homeowner looking to reside in one unit while renting the others, this property offers flexibility and potential. Commuters will appreciate the proximity to the Pink Line, just a short 3-minute walk away, ensuring easy access to downtown Chicago and beyond. The area is also well-served by major expressways and local amenities, enhancing its appeal to tenants and residents alike. Don't miss out on this exceptional opportunity to own a piece of Chicago's thriving real estate market. Seller is a licensed real estate broker.

Property Specifics

Multi-unit
1906
No
0.07
Cook
— / —
12509735
16234000840000

Property History

DATE: EVENT: PRICE: SOURCE:
23 Jan, 2014 Sold $80,000 MRED MLS
29 Jul, 2013 Under contract $89,000 MRED MLS
17 Jun, 2013 Listed for sale $89,000 MRED MLS
3 Nov, 2025 Listed for sale $380,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 10
Bedrooms Above Ground: 10
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Seventh Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Eighth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Ninth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Tenth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 3
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

2
25X125
Not in DB

Tax History

Year Property Taxes
2014 $3,839
2025 $2,540

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Listing Provided By

Equity Realty