1842 South Drake, Chicago IL 60623
- Units 3
- Total Beds 6
- Total Baths 3
- Taxes $2,540
- Payment Estimate View Mortgage Calculator
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Property 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.
Features & Information
Key Details
- List Price $380,000
- Property Taxes $2,540
- Price/ Sq. Ft. Unavailable
- Year Built 1906
- Parking Type Garage
- Status New
Rooms
- Total Rooms 14
- Basement F
Exterior Features
-
Parking
- Parking Details Garage
- # of Cars: 2
Building Information
- Number of Units 3
- Age of Building 100+ Years
- Exterior Construction Brick
- Heating & Cooling Gas
-
Units
- Unit 1 Stove, Refrigerator
- Unit 2 Stove, Refrigerator
- Unit 3 Stove, Refrigerator
Location
- County Cook
- Township West Chicago
- Corporate Limits Chicago
- Directions to Property Ogden Ave To Drake To Home
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 2540
- Tax Year 2023
- Parcel Identification Number 16234000840000
Utilities
- Sewer Sewer-Publ
Listed by Jonathan Gil for Equity Realty | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 4/18/2025 10:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Mortgage Calculator
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