2800 S Drake Avenue
Chicago, IL, 60623
$495,900
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0 Baths
0 SqFt
0 Acres
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$495,900
2800 S Drake Avenue
Chicago, IL, 60623
MLS #MRD12788001 image #0MLS #MRD12788001 image #1MLS #MRD12788001 image #2MLS #MRD12788001 image #3MLS #MRD12788001 image #4MLS #MRD12788001 image #5MLS #MRD12788001 image #6MLS #MRD12788001 image #7
La Villita/Little Village South Lawndale Neighborhood, Rare opportunity Mix-Use Store front with 3 additional units and a Vacant Side Lot (2804 S Drake) with separate PIN. Property has been in the family for over 40 years. Be your own Boss and operate your own business. Building Offers street level storefront currently mom & pop grocery store. The residential portion consists of 1st Floor 4 Room 2 Bedroom, 1 Bath; 2nd Floor Front unit 6 Rooms 3 Bedrooms & 1 Bath; 2nd Floor Rear Unit 4 Rooms 2 Bedrooms & 1 Bath. Full Unfinished Basement for additional Storage plus 2 Car Detached Garage. All utilities are separate, radiators & wall space heaters in units. The current rental income is below market value due to long term tenants. Property has tons of Vintage Charm with original mill work, built ins but being sold “AS IS” with tons of potential just need your renovation ideas for today’s needs for market rental income. Roof approx. 2017 Located near El Arco de La Villita/26th Street Commercial Corridor-one of the highest-grossing shopping neighborhoods in the city, filled with Restaurants, Shopping, Banks, Street Vendors, Murals-Minutes from I-55 & I-290 Expressways, Public Transportation, Midway Airport, 26th Street/Blue Island Avenue for a quick drive to Downtown Chicago and all that the City has to offer.

Property Details

Price:
$495,900
MLS #:
MRD12788001
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
chisouthlawndale
Listed Date:
Oct 22, 2026
Year Built:
1915
Chi – South LawndaleChisouthlawndale

Schools

Interior

Cooling
Window Unit(s)

Exterior

Construction Materials
Brick
Stories
2

Financial

Tax Year
2025
Taxes
$1,500
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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 Commercial in Chicago as of Nov 02, 2026
875
Commercial Listed
183
Avg DOM
$1,013,346
Avg List Price

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Property Summary

    2800 S Drake Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60623. It is listed for $495,900 To schedule a showing of MLS#mrd12788001 at 2800 S Drake Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
2800 S Drake Avenue
Chicago, IL