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1839 S Drake Avenue, Chicago, IL 60623

Chicago
Local realty services provided by:CENTURY 21 Circle
1839 S Drake Avenue,Chicago, IL 60623
$475,000
  • 9 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: alonzo abron jr
Office: a progeny global llc.
MLS#:12457520
Source:MLSNI

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Price summary

  • Price:$475,000

About this home

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.

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Home facts

  • Year built:1903
  • Listing ID #:12457520
  • Added:219 day(s) ago
  • Updated:April 04, 2026 at 01:29 PM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:15
  • Basement:Yes
  • Basement Description:Finished, Full

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1903

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$475,000
  • Tax amount:$5,293 (2023)

Parking

  • Total parking spaces:2
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