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36 Properties Within 0.5 miles of: 1839 S Drake, Chicago

1839 S Drake
Chicago, IL 60623

  • 9 Beds
  • Built In 1903
Price

$500,000

Est Payment
$3,092 / month (details)  
Taxes
$5,293  
Beds
9  
Rooms
15  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
3125  
Built
1903  
Neighborhood
Lawndale  
MLS
#12457520
Status
Active (8 days)

Property Description

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 Map

Property Details

Utilities

  • Heating Natural Gas
  • Cooling
  • Water Public
  • Sewer Public Sewer

Additional Information

Parking
2 Parking Spaces, On Site
Schools
District 299

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

08-28-2025 Listed at $500,000
Last Modified 9/3/25 12:05 AM

Nearby Transportation

  • Bus 157 0.1 mi
  • Bus 82 0.1 mi
  • Bus 18 0.2 mi
  • Bus 21 0.3 mi
  • Bus 52 0.4 mi
  • Bus 53 0.6 mi
  • Bus 12 0.7 mi
  • Bus 60 0.8 mi
  • Bus 94 0.9 mi
  • Bus 7 1.2 mi
  • Pink Line 0.2 mi
  • I 290 East 1.2 mi
  • I 290 West 1.3 mi
  • I 55 South 1.9 mi
  • I 55 North 1.9 mi
  • I 90 East 3.5 mi
  • I 94 East 3.5 mi
  • I 90 West 3.6 mi
  • I 94 West 3.6 mi
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