2435 Drake Avenue, South Lawndale, Chicago, Illinois 60623
$499,000
|
For Sale
|
|
| Status: | Active |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 8 |
| Baths: | 0 |
| Year Built: | 1902 |
| Property Taxes: | $5,627 |
| Days On Market: | 22 |
| Lot Size: | 0,08 |
Description
Excellent opportunity to own a legal 3-unit building in Chicago's dynamic Little Village neighborhood! This spacious multifamily property offers a total of 8 bedrooms and 3 bathrooms, featuring two 3-bedroom, 1-bathroom apartments and a 2-bedroom, 1-bathroom garden unit. All three apartments feature updated kitchens and bathrooms with modern finishes, including contemporary cabinetry, stainless steel appliances, attractive countertops, and subway tile backsplashes. The interiors blend classic Chicago charm with modern conveniences, showcasing beautiful hardwood floors, original wood trim, large windows, recessed lighting, and generously sized living spaces. Additional highlights include abundant natural light, spacious bedrooms, and a fenced backyard. Conveniently located near shopping, restaurants, public transportation, and major roadways. With three legal units, desirable bedroom configurations, and extensive updates already completed, this property is an excellent opportunity for investors seeking rental income or owner-occupants looking to live in one unit while generating income from the others.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1902 | |
| Finished, Full, Walk-Out Access | |
| Brick | |
| — | |
| — | |
| No | |
| 0.08 |
| Cook | |
| — | |
| — / — | |
| — | |
| Lake Michigan | |
| Public Sewer | |
| — | |
| Steam, Space Heater | |
| 12781833 | |
| 16262170420000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 2 Nov, 2018 | Sold | $255,000 | MRED MLS |
| 21 Sep, 2018 | Under contract | $285,000 | MRED MLS |
| 17 Aug, 2018 | Listed for sale | $285,000 | MRED MLS |
| 31 Aug, 2023 | Sold | $420,000 | MRED MLS |
| 19 Jun, 2023 | Under contract | $420,000 | MRED MLS |
| 25 May, 2023 | Listed for sale | $440,000 | MRED MLS |
| 9 Oct, 2026 | Listed for sale | $499,000 | MRED MLS |
Room Specifics
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Other Specifics
| 3 | |
| — | |
| Garage Owned, Detached, Garage | |
| — | |
| — | |
| — | |
| — | |
| — | |
| 25X125 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2018 | $2,104 |
| 2023 | $11,500 |
| 2026 | $5,627 |
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Listing Provided By
Forte Properties, Inc.
