Corcoran Urban Real Estate
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36 Properties Within 0.5 miles of: 1842 S Drake, Chicago

1842 S Drake
Chicago, IL 60623

  • 10 Beds
  • Built In 1906
Price

$380,000

Est Payment
$2,226 / month (details)  
Taxes
$2,540  
Beds
10  
Rooms
14  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
25X125  
Built
1906  
Neighborhood
Lawndale  
MLS
#12339041
Status
Active (9 days)

Property Description

Discover this wonderful brick 3-flat situated in the heart of Chicago's vibrant North Lawndale neighborhood. Located less than a block from the renowned Farm on Ogden, a year-round indoor market offering fresh produce and community programs, and just minutes from the historic Douglass Park Field House-a 173-acre park featuring lagoons, playgrounds, soccer fields, and cultural events. Each of the three spacious units is currently occupied, providing immediate rental income-a true turn-key investment opportunity. Whether you're an investor seeking a cash-flowing asset or a homeowner looking to reside in one unit while renting the others, this property offers flexibility and potential. Commuters will appreciate the proximity to the Pink Line, just a short 3-minute walk away, ensuring easy access to downtown Chicago and beyond. The area is also well-served by major expressways and local amenities, enhancing its appeal to tenants and residents alike. Don't miss out on this exceptional opportunity to own a piece of Chicago's thriving real estate market. Seller is a licensed real estate broker.

Property Map

Property Details

Utilities

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

Additional Information

Parking
2 Garage Spaces, On Site, Garage Owned, Detached, Garage
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

04-15-2025 Listed at $380,000
Last Modified 4/21/25 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 0.5 mi
  • Bus 53 0.5 mi
  • Bus 12 0.7 mi
  • Bus 60 0.8 mi
  • Bus 94 1.0 mi
  • Bus 7 1.2 mi
  • Pink Line 0.1 mi
  • I 290 East 1.3 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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