Active

1842 Drake Avenue

Chicago, IL 60623
$380,000
10beds
3baths
sqft
0.07acres
Ask Dwello about this home
Anything from "is it priced right?" to "what's the catch?"

About this home

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.
MLS Description — as provided by the listing brokerage.

The facts

Property typeResidential Income
Year built1906
Garage spaces2
Lot size0.07 acres
Annual tax$2,540
CountyCook
MLS #MRD12509735
Days on market169

Features

Heating
Natural Gas
Parking
YesGarage OwnedDetachedGarage
Construction
Brick
Sewer
Public Sewer
Listed by
Equity Realty
Jonathan Gil · 773-469-1677

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 4/21/2026, 1:33:02 AM. All data should be independently verified.

You + your agent

What do you think?

React below so your dwello agent knows how you feel. Leave a note to start a conversation about this home.

Loading…