1510 S Drake Avenue
Chicago, IL, 60623
$640,000
11 Beds
3 Baths
0 SqFt
0 Acres
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$640,000
1510 S Drake Avenue
Chicago, IL, 60623
MLS #MRD12554517 image #0MLS #MRD12554517 image #1MLS #MRD12554517 image #2MLS #MRD12554517 image #3MLS #MRD12554517 image #4MLS #MRD12554517 image #5MLS #MRD12554517 image #6MLS #MRD12554517 image #7MLS #MRD12554517 image #8MLS #MRD12554517 image #9
Stop renting and start owning – while tenants help alleviate your mortgage. This solid 3-unit property offers a rare opportunity to become a homeowner and investor at the same time. Featuring a total of 11 bedrooms and 3 full bathrooms, the spacious layouts provide comfort, privacy, and flexibility for today’s lifestyle. Live in one unit and rent out the others to significantly reduce your monthly housing cost, making homeownership more achievable than ever. Whether you need space for family, guests, or a home office, this property allows you to create a home while building long-term wealth. Located on S Drake Ave in Chicago, you’ll enjoy convenient access to public transportation, schools, parks, and everyday amenities. This is an ideal opportunity for first-time buyers, FHA buyers, or anyone ready to trade rent payments for equity. Why rent to someone else’s when you can own a property that works for you? Build equity, generate income, and secure your future – all in one move

Property Details

Price:
$640,000
MLS #:
MRD12554517
Status:
Active
Beds:
11
Baths:
3
Type:
Multi Family
Neighborhood:
chinorthlawndale
Listed Date:
Feb 11, 2026
Year Built:
1907
Chi – North LawndaleChinorthlawndale

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Construction Materials
Brick
Parking Features
Yes
Parking Spots
3

Financial

Tax Year
2024
Taxes
$5,243
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Feb 14, 2026
1,191
Multi Family Listed
91
Avg DOM
$472,003
Avg List Price

Community

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Property Summary

    1510 S Drake Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60623. It is listed for $640,000 To schedule a showing of MLS#mrd12554517 at 1510 S Drake Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
1510 S Drake Avenue
Chicago, IL