1. Home
  2. > Search
  3. > Homes for Sale in Humboldt Park
  4. > 545 N Drake Avenue, Chicago, IL 60624
$513,000
10
beds
5
baths

545 N Drake Avenue
Chicago, Illinois 60624

Closed / MLS #12475423 / Multiple Unit (2-4) / Humboldt Park
Listing information updated 12/5/2025 at 3:03pm
Turnkey 3-unit in Humboldt Park perfect for house-hacking or a savvy investor: the renovated garden 3BD/1BA rents for $1,700/mo via CHA, the 1st-floor 4BD/2BA (excellent condition) is a long-term CHA tenant at $2,281/mo, and the refreshed top-floor "penthouse" with a balcony is vacant and ready for an owner-occupant-let your tenants' $3,981/mo total income help offset your payment. At the current tax basis, well-qualified buyers may see PITI just under $4,000/mo (buyer to verify), making this building nearly pay for itself. Private on-site parking offers added revenue potential, and the coin- & card-operated laundry creates steady ancillary income. All this in a thriving location steps from the namesake 219-acre park and lagoon, close to the 606 Trail, California/Armitage dining, Division Street's cultural corridor, cafes, nightlife, and transit-surrounded by new construction and quality rehabs. A rare opportunity to live on the top floor, build equity, and enjoy one of Chicago's most exciting neighborhoods!
Exterior Type:
Brick
Basement:
Finished,Exterior Entry,Full,Walk-Out Access
Beds Above Grade:
10
Heating System:
Natural Gas, Forced Air
Pool:
No
Age:
100+ Years
Parking Type:
Off Alley,Yes,Owned
Parking Spaces:
2
Room Count:
31
Water Front:
No
Square Feet:
N/A
Lot Size:
Less Than .25 Acre
Acreage:
0.07
Tax Amount:
$2,963
Tax Year:
2023
Zip Code:
60624
City:
Chicago
County:
Cook
School District(s):
299
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Straight-A Realty, LLC

Listing Office Phone: 630.288.2446

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 12/5/2025 at 3:03pm. 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. Some listings have been excluded from this website.

Humboldt Park, IL

The 207-acre Humboldt Park is one of Chicago’s greatest outdoor treasures. A prominent jewel in the city’s “Emerald Necklace,” a series of lush boulevards, and park spaces planned out for what was at one point the city’s western edge, the park is a bustling sanctuary filled with local flor...

CTA

CTA
Blue line at Pulaski
CTA
Green line at Conservatory / Central Park Drive
CTA
Pink line at Kedzie

Metra

Metra
Milwaukee District West line at Kedzie Metra
Metra
Union Pacific West line at Kedzie
$421,062
Average Sale Price
111
Average Days On The Market
97%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 545 N Drake Avenue, Chicago, IL 60624
Mortgage Calculator

Not quite what you are looking for?

Similar listings for sale near 545 N Drake Avenue, Chicago, IL 60624

Like the area?

More homes for sale near 545 N Drake Avenue, Chicago, IL 60624

New Listings in Humboldt Park, IL

Recently Sold Homes in Humboldt Park, IL

Nearby Homes for Sale

545 N Drake Avenue, Chicago, IL 60624 is a multiple unit (2-4) which sold for $513,000. 545 N Drake Avenue features 10 Beds, 5 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since September 18th, 2025 and was built in 1890. The nearest transit stops include Pulaski CTA Blue line and Kedzie Metra Metra Milwaukee District West line.

Mortgage Calculator