SIGN UP CUSTOMER LOGIN
Main Photo

12 Photos

Main Photo
Main Photo

1510 S Drake Avenue Chicago, IL 60623

$569,900
Active / MLS# 12769469 / Multi Unit - Multiple / Chicago
11 Beds
3 Baths

Own Your Home While Building Your Investment Stop renting and start building equity with this exceptional 3-unit property on S. Drake Ave in Chicago. Offering a total of 11 bedrooms and 3 full bathrooms, this spacious multifamily property presents a unique opportunity for homeowners and investors alike. Live in one unit while renting out the remaining units to help offset your monthly housing expenses. This owner-occupant strategy can make homeownership more attainable while providing the potential to generate rental income and build long-term equity. Each unit offers generous living space, providing flexibility for families, guests, home offices, or additional living arrangements. Whether you're a first-time homebuyer, an FHA buyer, or an investor seeking a multifamily property, this versatile building offers multiple possibilities. Conveniently located on S. Drake Ave, the property provides access to public transportation, schools, parks, shopping, dining, and everyday amenities, making it a practical choice for both homeowners and tenants. Why continue paying rent when you can own a property that works for you? Take advantage of the opportunity to combine homeownership, rental income potential, and long-term wealth building in one property. Live in one. Rent the others. Build equity. Own your future.

Read More » Read Less »

Baird & Warner Steve Scheuring 708.369.8043 Email

Mortgage Calculator

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Estimated Payment

$ 2,069.56 per month $1,466.42 Principal & Interest $436.92 Property Tax $166.22 Homeowner's Insurance
Get your competitive financing options.

Property Details

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full
Heating: Gas
Lot Size: 0.07 Acres
Taxes: $5,243
Year Built: 1907

Feature Descriptions

Exterior: Brick
Lot Dimensions: 25 x 125
Parcel#: 16232220220000
Parking: Yes, Owned
Sewer: Public Sewer
Total Rooms: 21
Township: West Chicago
Water: Lake Michigan

Schools

School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Login to my Baird & Warner account