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1842 S Drake Avenue, 
Chicago, IL 60623

$380,000


10

Beds


3

Baths


-

Sq Ft


Multi-Family

Active

Listed by

Jonathan Gil

Natalia Gil

Equity Realty

Last updated:

January 3, 2026, 11:48 AM

MLS#

12509735

Source:

MLSNI

About This Home

1842 S Drake Avenue

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.

Home Facts

Multi-Family

3 Baths

10 Bedrooms

Built in 1906

Price Summary

380,000

MLS #:

12509735

Last Updated:

January 3, 2026, 11:48 AM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

10

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3


Structure

Structure

Year Built:

1906


Lot

Lot Size (Sq. Ft):

3,049


Finances & Disclosures

Finances

Price:

$380,000

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.