1540 S DRAKE Avenue
Chicago, IL, 60623
$255,000
6 Beds
2 Baths
0 SqFt
0 Acres
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$255,000
1540 S DRAKE Avenue
Chicago, IL, 60623
MLS #MRD12454319 image #0MLS #MRD12454319 image #1
Great Investment opportunity for a Greystone in up-and-coming North Lawndale Community. Separate forced air heating. Separate water heating. Finished basement with additional living space Needs some updating, Property was rehabbed in 2012. Sold AS-IS. Buyer will be responsible for evicting tenants. Second floor is vacant. Must see to appreciate.

Property Details

Price:
$255,000
MLS #:
MRD12454319
Status:
Active
Beds:
6
Baths:
2
Type:
Multi Family
Neighborhood:
chinorthlawndale
Listed Date:
Oct 3, 2025
Year Built:
1903
Chi – North LawndaleChinorthlawndale

Schools

School District:
299

Interior

Heating
Natural Gas, Forced Air, Sep Heating Systems – 2+, Indv Controls

Exterior

Architectural Style
Greystone
Construction Materials
Brick, Stone
Parking Features
Off Alley, On Site, Owned
Parking Spots
2
Roof
Rubber

Financial

Tax Year
2023
Taxes
$2,897
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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 Oct 06, 2025
1,485
Multi Family Listed
80
Avg DOM
$499,993
Avg List Price

Community

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Property Summary

    1540 S DRAKE Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60623. It is listed for $255,000 To schedule a showing of MLS#mrd12454319 at 1540 S DRAKE Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
1540 S DRAKE Avenue
Chicago, IL