Closed

$315,000

Favorite

beds

baths

1546 S Drake Avenue

Chicago, Illinois 60623

Closed / MLS #11840612 / Multiple Unit (2-4) / North Lawndale

Listing information updated 11/21/2023 at 10:43am

Welcome to 1546 Drake Ave, a fantastic turnkey investment opportunity in the heart of North Lawndale. This legal 3-unit multi-family Greystone has undergone recent updates, ensuring a hassle-free experience for both investors and tenants. The top floor unit offers a spacious layout, featuring three large bedrooms/ 1 bathroom, living/dining room, and eat-in kitchen that leads out to a spacious back deck. The first floor unit also has three bedrooms/ 1 bathroom with a separate living/dining room combination and kitchen complete with an island. Both Units 1 and 2 boast hardwood/vinyl floors, tall ceilings, and have been well maintained. The garden apartment provides a spacious layout with 2 nice sized bedrooms and 1 bathroom. All kitchens have been recently updated with new backsplash and cabinets, equipped with central heat, and tenants are responsible for their own utilities. Additional features include a large fenced in yard with and exterior parking pad and coin laundry in the basement, providing added convenience and income potential. Nearby Douglass Park, Cinespace Studios, Farm on Ogden, with easy access to 290 and Pink and Blue Line EL Stations this property enjoys a prime location with easy access to a range of amenities.

Full Features

Architecture Style:

Greystone

Exterior Type:

Brick,Stone

Basement:

Finished

Beds Above Grade:

Heating System:

Natural Gas, Forced Air

Pool:

Age:

100+ Years

Parking Type:

Space/s - Alley Access

Parking Spaces:

Room Count:

Water Front:

Square Feet:

N/A

Lot Size:

Less Than .25 Acre

Acreage:

0.07

Taxes & Assessments

Tax Amount:

$1,664

Tax Year:

2022

Location

Zip Code:

60623

City:

Chicago

County:

Cook

Schools

School District(s):

299

Elementary School:

Dvorak Elementary School Special

Middle School:

Dvorak Elementary School Special

High School:

Farragut Career Academy Senior H

Listing Office: Compass

Listing Office Phone: 773.482.1917

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/21/2023 at 10:43am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

New Listings in North Lawndale, IL

Recently Sold Homes in North Lawndale, IL

Popular Neighborhoods near North Lawndale, IL

1546 S Drake Avenue is a multiple unit (2-4) which sold for $315,000. 1546 S Drake Avenue features 8 Beds, 3 Baths. This multiple unit (2-4) has been listed on @properties since June 30th, 2023 and was built in 1903. Nearby schools include Dvorak Elementary School Special and Farragut Career Academy Senior H. The nearest transit stops include Kedzie CTA Green line.