Chicago, IL 60623,1546 S Drake Avenue
Chicago, IL 60623,1546 S Drake Avenue
Chicago, IL 60623,1546 S Drake Avenue
20
$315,000
$329,000
4.3%
Est.Price: ?

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8 BD
3,049 Sqft Lot

1546 S Drake Avenue Chicago, IL 60623

Est. payment /mo
SOLD DATE : 11/08/2023

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Key Details

Sold Price $315,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 11840612

Sold Date 11/08/23

Style Greystone

Bedrooms 8

Year Built 1903

Annual Tax Amount $1,664

Tax Year 2022

Lot Size 3,049 Sqft

Lot Dimensions 25 X 125

Property Description

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.

Location

State IL

County Cook

Community Curbs, Sidewalks, Street Lights, Street Paved

Zoning MULTI

Rooms

Basement Full

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Exterior Feature Deck

Waterfront false

View Y/N true

Parking Type Alley Access

Building

Sewer Public Sewer

Water Lake Michigan, Public

New Construction false

Schools

Elementary Schools Dvorak Elementary School Special

Middle Schools Dvorak Elementary School Special

High Schools Farragut Career Academy Senior H

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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Listed by Joseph Kotoch • Compass
Bought with Chris Vasilakopoulos • Dream Town Real Estate

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Sharie Jackson

Realtor | License ID: 475.180534

+1(708) 231-8901

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