1839 S Drake Avenue
Chicago, IL, 60623
$479,900
9 Beds
3 Baths
0 SqFt
0 Acres
Add
Add
$479,900
1839 S Drake Avenue
Chicago, IL, 60623
MLS #MRD12457520 image #0MLS #MRD12457520 image #1MLS #MRD12457520 image #2MLS #MRD12457520 image #3MLS #MRD12457520 image #4MLS #MRD12457520 image #5MLS #MRD12457520 image #6MLS #MRD12457520 image #7MLS #MRD12457520 image #8MLS #MRD12457520 image #9
Beautifully updated brick 2-flat with a finished non-conforming garden unit located in the heart of Chicago’s North Lawndale neighborhood. Recent renovations include updated electrical and plumbing, newer HVAC, in-unit washer/dryer hookups, and refreshed interiors throughout. Each apartment features spacious layouts, modern kitchens with granite countertops, and upgraded bathrooms. Unit Mix: Unit 1: 3 bedrooms / 1 bathroom Unit 2: 4 bedrooms / 1 bathroom Garden Apartment (non-conforming): 2 bedrooms / 1 bathroom All units are currently occupied on month-to-month leases, providing immediate income with the flexibility to adjust rents to market levels. Market comps suggest 3- and 4-bedroom units in the area rent between $1,700-$1,900/month, while the garden apartment is conservatively valued at $1,300/month. Perfect for investors seeking strong cash flow, rental upside, and a fully modernized property in one of Chicago’s most actively revitalizing communities.

Property Details

Price:
$479,900
MLS #:
MRD12457520
Status:
Pending
Beds:
9
Baths:
3
Type:
Multi Family
Neighborhood:
chinorthlawndale
Listed Date:
Aug 28, 2025
Year Built:
1903
Chi – North LawndaleChinorthlawndale

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Construction Materials
Brick
Parking Features
Yes
Parking Spots
2

Financial

Tax Year
2023
Taxes
$5,293
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

More About Debra

Mortgage Calculator

 

Map

Current real estate data for Multi Family in Chicago as of Jan 18, 2026
1,196
Multi Family Listed
93
Avg DOM
$458,614
Avg List Price

Community

Subdivisions in Chicago

Similar Listings Nearby

broker reciprocity
MLS# MRD12426242broker reciprocity
3326 W Crystal Street
Chicago, IL

$619,900

3.5 miles away

broker reciprocity
MLS# MRD12546352broker reciprocity
3226 W Thomas Street
Chicago, IL

$615,000

3.8 miles away

broker reciprocity
MLS# MRD12422993broker reciprocity
4614 N Springfield Avenue
Chicago, IL

$610,000

4.9 miles away

broker reciprocity
MLS# MRD12534991broker reciprocity
952 N Avers Avenue
Chicago, IL

$600,000

4.6 miles away

broker reciprocity
MLS# MRD12520271broker reciprocity
3030 N KEATING Avenue
Chicago, IL

$599,900

4.3 miles away

broker reciprocity
MLS# MRD12546662broker reciprocity
2336 W Taylor Street
Chicago, IL

$599,900

4.5 miles away

broker reciprocity
MLS# MRD12500144broker reciprocity
3911 N Kedzie Avenue
Chicago, IL

$599,000

4.8 miles away

broker reciprocity
MLS# MRD12513345broker reciprocity
618 E 50th Place
Chicago, IL

$599,000

2.1 miles away

broker reciprocity
MLS# MRD12519822broker reciprocity
529 N Wood Street
Chicago, IL

$599,000

2.8 miles away

broker reciprocity
MLS# MRD12537082broker reciprocity
2131 N Springfield Avenue
Chicago, IL

$599,000

4.3 miles away

Property Summary

    1839 S Drake Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60623. It is listed for $479,900 To schedule a showing of MLS#mrd12457520 at 1839 S Drake Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
1839 S Drake Avenue
Chicago, IL