2435 S Drake Avenue
Chicago, IL, 60623
$499,000
8 Beds
3 Baths
0 SqFt
0.08 Acres
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MLS #MRD12781833 image #0
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.

Property Details

Price:
$499,000
MLS #:
MRD12781833
Status:
Active
Beds:
8
Baths:
3
Type:
Multi Family
Neighborhood:
chisouthlawndale
Listed Date:
Oct 9, 2026
Year Built:
1902
Chi – South LawndaleChisouthlawndale

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Schools

School District:
299

Interior

Heating
Steam, Space Heater

Exterior

Construction Materials
Brick
Garage Spaces
3
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
3
Parking Total
3

Financial

Tax Year
2025
Taxes
$5,627

Map

Community

Market Summary

Current real estate data for Multi Family in Chicago as of Oct 13, 2026
1,350
Multi Family Listed
76
Avg DOM
$528,117
Avg List Price

Property Summary

    2435 S Drake Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60623. It is listed for $499,000

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