For Sale162d on marketHistoric · 120 yrs
1842 S Drake Ave
Chicago, IL, 60623 • Lawndale • Cook County
$380,000
Down payment assistance available
10Beds
3Baths
0.07 acLot
1906Built
Property DNA
Character Home
Built 1906 · 120 years of history
2-Car Garage
Yes · Garage Owned · Detached · Garage
This home is getting attention
Listed 162 days ago · 534 views · 34 saves
Market activity
Demand and pricing signals for this listing
534 views
People checking out this listing
34 saves
Buyers have saved this home
162 days on market
Established listing
About this home
Multi Family · Built 1906 · Historic
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.
Estimated monthly payment
Based on current rates
$2,378/month
Principal & Interest$1,872
Property Tax$380
Insurance$127
Down payment20% ($76,000)
3%50%
Est. 6.25% rate · 30yr fixed · $304,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1906
HeatingNatural Gas
Parking2 Garage spaces
Days on Zillow162 Days
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1906
Systems
HeatingNatural Gas
ConstructionBrick
Water / SewerLake Michigan / Public Sewer
Parking & Outdoor
ParkingYes, Garage Owned, Detached, Garage
Garage2 spaces
BasementFinished,Full,Walk-Out Access
Lot3,049 sqft
Location & Tax
NeighborhoodLawndale
Annual tax$2,540
Parcel16234000840000
Bathrooms & Fees
Full baths3
Features & details
3 categories of property features
Interior Features
Heating
Natural Gas
Exterior Features
Parking
Yes
Garage Owned
Detached
Garage
Construction
Brick
Listing insights
Market data and value estimates
StatusFor Sale
Days on market162
Est. value$378,800
Est. rent$1,948/mo
Tax rate1.99%
On marketNov 3, 2025
PostedNov 3, 2025
Last sold$80,000
MLS statusActive
MLS updatedMar 31, 2026
Tour days9
Views534
Favorites34
How are the schools in Chicago?
2 schools rated nearby
Location
Chicago, IL, 60623
Price history
10 events
DateEventPrice$/sqftSource
Dec 19, 2025Listed For Sale$380,000—MRED as distributed by MLS GRID
Dec 18, 2025Contingent$380,000—MRED as distributed by MLS GRID
Nov 3, 2025Listed For Sale$380,000—MRED as distributed by MLS GRID
Oct 16, 2025Listing Removed$380,000—MRED as distributed by MLS GRID
Apr 15, 2025Listed For Sale$380,000—MRED as distributed by MLS GRID
Sep 25, 2023Listing Removed——MRED as distributed by MLS GRID
May 11, 2023Listed For Sale$350,000—MRED as distributed by MLS GRID
Nov 3, 2022Listing Removed$350,000—MRED as distributed by MLS GRID
Nov 3, 2022Listed For Sale$350,000—MRED as distributed by MLS GRID
Jan 23, 2014Sold$80,000—MRED as distributed by MLS GRID
Listed For Sale$380,000
Dec 19, 2025•MRED as distributed by MLS GRID
Contingent$380,000
Dec 18, 2025•MRED as distributed by MLS GRID
Listed For Sale$380,000
Nov 3, 2025•MRED as distributed by MLS GRID
Listing Removed$380,000
Oct 16, 2025•MRED as distributed by MLS GRID
Listed For Sale$380,000
Apr 15, 2025•MRED as distributed by MLS GRID
Listing Removed—
Sep 25, 2023•MRED as distributed by MLS GRID
Listed For Sale$350,000
May 11, 2023•MRED as distributed by MLS GRID
Listing Removed$350,000
Nov 3, 2022•MRED as distributed by MLS GRID
Listed For Sale$350,000
Nov 3, 2022•MRED as distributed by MLS GRID
Sold$80,000
Jan 23, 2014•MRED as distributed by MLS GRID
Nearby homes
Neighborhood details
Local context around this listing
Chicago, IL • Cook County
Nearby neighborhoods
GreshamIrving ParkLake ViewLincoln ParkLittle VillageLogan SquareRogers ParkSouth AustinUptownWest Ridge
Nearby cities
Arlington HeightsChicagoCiceroDes PlainesElginEvanstonOrland ParkPalatine
Nearby zip codes
60608606176061860623606256062960632606346063960647
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Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)
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