$579,900
1632 S Drake Avenue
Chicago, IL, 60623
Beautifully rehabbed 2-unit Greystone that blends classic Chicago character with modern updates! Each unit offers 4 bedrooms and 1 bath, with gleaming hardwood floors, high ceilings, oversized original trim, and abundant natural light. Updated kitchens feature white shaker cabinetry, granite countertops, subway tile backsplash, and stainless steel appliances, and both units have central air for year-round comfort. The finished basement added space that can be used as an in-law arrangement. 2-car garage completes the package. With units currently leased at $1,975 and $1,950, for rental income from day 1. Conveniently located near the Pink Line, shopping, and dining. A move-in ready Greystone with solid rental income. Don’t miss it!
Property Details
Price:
$579,900
MLS #:
MRD12793050
Status:
Active
Beds:
8
Baths:
2
Type:
Multi Family
Neighborhood:
chinorthlawndale
Listed Date:
Oct 23, 2026
Year Built:
1910
Schools
School District:
299
Interior
Heating
Gas, Steam
Exterior
Construction Materials
Stone
Garage Spaces
2
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2
Financial
Tax Year
2025
Taxes
$5,003
Debra Dobbs is one of Chicago’s top realtors with more than 42 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Multi Family in Chicago as of Nov 01, 2026
1,357
Multi Family Listed
77
Avg DOM
$530,565
Avg List Price
Community
- Address1632 S Drake Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60623
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Property Summary
- 1632 S Drake Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60623. It is listed for $579,900 To schedule a showing of MLS#mrd12793050 at 1632 S Drake Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
Copyright 2026. All rights reserved.
1632 S Drake Avenue
Chicago, IL
