1546 Drake Avenue, North Lawndale, Chicago, Illinois 60623
$315,000
|
Sold
|
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| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 8 |
| Baths: | 0 |
| Year Built: | 1903 |
| Property Taxes: | $1,664 |
| Days On Market: | 835 |
| Lot Size: | 0,07 |
Description
Welcome to 1546 Drake Ave, a fantastic turnkey investment opportunity in the heart of North Lawndale. This legal 3-unit multi-family Greystone has undergone recent updates, ensuring a hassle-free experience for both investors and tenants. The top floor unit offers a spacious layout, featuring three large bedrooms/ 1 bathroom, living/dining room, and eat-in kitchen that leads out to a spacious back deck. The first floor unit also has three bedrooms/ 1 bathroom with a separate living/dining room combination and kitchen complete with an island. Both Units 1 and 2 boast hardwood/vinyl floors, tall ceilings, and have been well maintained. The garden apartment provides a spacious layout with 2 nice sized bedrooms and 1 bathroom. All kitchens have been recently updated with new backsplash and cabinets, equipped with central heat, and tenants are responsible for their own utilities. Additional features include a large fenced in yard with and exterior parking pad and coin laundry in the basement, providing added convenience and income potential. Nearby Douglass Park, Cinespace Studios, Farm on Ogden, with easy access to 290 and Pink and Blue Line EL Stations this property enjoys a prime location with easy access to a range of amenities.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1903 | |
| — | |
| — | |
| No | |
| 0.07 |
| Cook | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 11840612 | |
| 16232220340000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Dvorak Elementary School Special |
299 | — | |
|
Middle School
Dvorak Elementary School Special |
299 | Not in DB | |
|
High School
Farragut Career Academy Senior H |
299 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 29 Apr, 2008 | Sold | $85,000 | MRED MLS |
| 21 Apr, 2008 | Under contract | $85,000 | MRED MLS |
| 3 Apr, 2008 | Listed for sale | $85,000 | MRED MLS |
| 30 Apr, 2019 | Sold | $215,000 | MRED MLS |
| 29 Mar, 2019 | Under contract | $215,000 | MRED MLS |
| — | Last price change | $225,000 | MRED MLS |
| 13 Feb, 2019 | Listed for sale | $225,000 | MRED MLS |
| 8 Nov, 2023 | Sold | $315,000 | MRED MLS |
| 9 Aug, 2023 | Under contract | $329,000 | MRED MLS |
| 30 Jun, 2023 | Listed for sale | $329,000 | MRED MLS |
Room Specifics
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
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Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
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Floor Type: —
Dimensions: —
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Dimensions: —
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Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: Finished
Other Specifics
| — | |
| — | |
| — | |
| — | |
| — | |
| 25 X 125 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2008 | $3,645 |
| 2019 | $3,853 |
| 2023 | $1,664 |
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