$255,000
1540 S DRAKE Avenue
Chicago, IL, 60623
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 Under Contract
Beds:
6
Baths:
2
Type:
Multi Family
Neighborhood:
chinorthlawndale
Listed Date:
Oct 3, 2025
Year Built:
1903
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
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 27, 2025
1,562
Multi Family Listed
80
Avg DOM
$494,756
Avg List Price
Community
- Address1540 S DRAKE Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60623
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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
