Chicago, IL 60623,1839 S Drake AVE
Chicago, IL 60623,1839 S Drake AVE
Chicago, IL 60623,1839 S Drake AVE
10
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$479,900
Est. payment /mo
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9 Beds
3 Baths
Pending

1839 S Drake AVE Chicago, IL 60623

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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 12457520

Bedrooms 9

Year Built 1903

Annual Tax Amount $5,293

Tax Year 2023

Lot Dimensions 3125

Property Sub-Type Two to Four Units

Property 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.

Location

State IL

County Cook

Area Chi - North Lawndale

Zoning MULTI

Rooms

Basement Finished, Full

Interior

Heating Natural Gas

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None


Midwest Real Estate Data (MRED) IDX
Listed by Alonzo Abron Jr of  A Progeny Global LLC 

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Cardenas Elementary School

    Public | PK - 3

  • 8

    Zapata Elementary School

    Public | PK - 8

  • 8

    Mitchell Elementary School

    Public | PK - 8

  • 7

    Locke a Elementary Charter Academy

    Public | PK - 8

  • 7

    Burroughs Elementary School

    Public | PK - 8

  • 7

    Columbus Elementary School

    Public | PK - 8

  • 6

    Frazier Perspectives Magnet Elementary School

    Public | KG - 8

  • 6

    Columbia Explorers Elementary Academy

    Public | KG - 8

  • 6

    Horizon Science Academy-Mckinley Park

    Public | KG - 8

  • 5

    Liberty Elementary School

    Public | PK - 3

  • 5

    Hefferan Elementary School

    Public | PK - 8

  • 5

    Sumner Elementary School

    Public | PK - 8

  • 5

    C. Hughes Elementary School

    Public | PK - 8

  • 5

    Corkery Elementary School

    Public | KG - 8

  • 5

    Webster Elementary School

    Public | PK - 8

  • 5

    Whitney Elementary School

    Public | PK - 8

  • 5

    Gary Elementary School

    Public | 3 - 8

  • 5

    Little Village Elementary School

    Public | PK - 8

  • 5

    Ericson Elementary Scholastic Academy

    Public | PK - 8

  • 5

    N. Davis Elementary School

    Public | KG - 8

Middle Schools 5
  • 7

    Orozco Elementary School

    Public | 6 - 8

  • 5

    Clark Academy Preparatory Magnet High School

    Public | 7 - 12

  • 3

    Unity Jr High School

    Public | 7 - 8

  • 2

    Madero Middle School

    Public | 6 - 8

  • 0

    Iyc Chicago

    Public | 6 - 12

High Schools 20
  • 9

    Westinghouse High School

    Public | 9 - 12

  • 8

    Phoenix Military Academy High School

    Public | 9 - 12

  • 6

    World Language High School

    Public | 9 - 12

  • 6

    Crane Medical Preparatory High School

    Public | 9 - 9

  • 5

    Infinity Math, Science and Technology High School

    Public | 9 - 12

  • 5

    North Lawndale Charter High School

    Public | 9 - 12

  • 4

    Marshall Metropolitan High School

    Public | 9 - 12

  • 4

    Spry Community Links High School

    Public | 9 - 12

  • 4

    Manley Career Academy High School

    Public | 9 - 12

  • 4

    Ihsca Charter High School

    Public | 9 - 12

  • 3

    School of Social Justice High School

    Public | 9 - 12

  • 2

    Raby High School

    Public | 9 - 12

  • 1

    Multicultural Academy of Scholarshp High School

    Public | 9 - 12

  • 1

    Orr Academy High School

    Public | 9 - 12

  • 1

    Farragut Career Academy High School

    Public | 9 - 12

  • 1

    Collins Academy High School

    Public | 9 - 12

  • 1

    Kelly High School

    Public | 9 - 12

  • 1

    Legal Preparatory Academy Charter High School

    Public | 9 - 10

  • 0

    Banner Academy West

    Private | 9 - 12

  • 0

    Christ the King Jesuit College Preparatory School

    Private | 9 - 12

School and business data provided by Attom Data.

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Realty Executives Premier

Realty Executives Premier

Broker | License ID: RB14033486

+1(219) 405-3647

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1839 S Drake AVE