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$ 499,000
Est. payment /mo
New
2435 S Drake AVE Chicago, IL 60623
8 Beds
3 Baths
3,484 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12781833
Bedrooms 8
Year Built 1902
Annual Tax Amount $5,626
Tax Year 2025
Lot Size 3,484 Sqft
Lot Dimensions 25X125
Property Sub-Type Two to Four Units
Property Description
Excellent opportunity to own a legal 3-unit building in Chicago's dynamic Little Village neighborhood! This spacious multifamily property offers a total of 8 bedrooms and 3 bathrooms, featuring two 3-bedroom, 1-bathroom apartments and a 2-bedroom, 1-bathroom garden unit. All three apartments feature updated kitchens and bathrooms with modern finishes, including contemporary cabinetry, stainless steel appliances, attractive countertops, and subway tile backsplashes. The interiors blend classic Chicago charm with modern conveniences, showcasing beautiful hardwood floors, original wood trim, large windows, recessed lighting, and generously sized living spaces. Additional highlights include abundant natural light, spacious bedrooms, and a fenced backyard. Conveniently located near shopping, restaurants, public transportation, and major roadways. With three legal units, desirable bedroom configurations, and extensive updates already completed, this property is an excellent opportunity for investors seeking rental income or owner-occupants looking to live in one unit while generating income from the others.
Location
State IL
County Cook
Area Chi - South Lawndale
Zoning MULTI
Rooms
Basement Finished, Full, Walk-Out Access
Interior
Heating Steam, Space Heater
Fireplace N
Exterior
Garage Spaces 3.0
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by John Warren of Forte Properties, Inc.