1510 S Drake Avenue
Chicago, IL, 60623
$569,900
11 Beds
3 Baths
0 SqFt
0 Acres
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$569,900
1510 S Drake Avenue
Chicago, IL, 60623
MLS #MRD12769469 image #0MLS #MRD12769469 image #1MLS #MRD12769469 image #2MLS #MRD12769469 image #3MLS #MRD12769469 image #4MLS #MRD12769469 image #5MLS #MRD12769469 image #6MLS #MRD12769469 image #7MLS #MRD12769469 image #8MLS #MRD12769469 image #9MLS #MRD12769469 image #10MLS #MRD12769469 image #11
Own Your Home While Building Your Investment Stop renting and start building equity with this exceptional 3-unit property on S. Drake Ave in Chicago. Offering a total of 11 bedrooms and 3 full bathrooms, this spacious multifamily property presents a unique opportunity for homeowners and investors alike. Live in one unit while renting out the remaining units to help offset your monthly housing expenses. This owner-occupant strategy can make homeownership more attainable while providing the potential to generate rental income and build long-term equity. Each unit offers generous living space, providing flexibility for families, guests, home offices, or additional living arrangements. Whether you’re a first-time homebuyer, an FHA buyer, or an investor seeking a multifamily property, this versatile building offers multiple possibilities. Conveniently located on S. Drake Ave, the property provides access to public transportation, schools, parks, shopping, dining, and everyday amenities, making it a practical choice for both homeowners and tenants. Why continue paying rent when you can own a property that works for you? Take advantage of the opportunity to combine homeownership, rental income potential, and long-term wealth building in one property. Live in one. Rent the others. Build equity. Own your future.

Property Details

Price:
$569,900
MLS #:
MRD12769469
Status:
Active
Beds:
11
Baths:
3
Type:
Multi Family
Neighborhood:
chinorthlawndale
Listed Date:
Oct 23, 2026
Year Built:
1907
Chi – North LawndaleChinorthlawndale

Schools

School District:
299

Interior

Heating
Gas

Exterior

Construction Materials
Brick
Parking Features
Yes, Owned
Parking Spots
3
Parking Total
3

Financial

Tax Year
2024
Taxes
$5,243
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Debra Dobbs is one of Chicago’s top realtors with more than 42 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Nov 02, 2026
1,357
Multi Family Listed
78
Avg DOM
$530,915
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 $569,900 To schedule a showing of MLS#mrd12769469 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