$640,000

1510 S Drake Avenue, Chicago, IL 60623

  • 11 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1907
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

Stop renting and start owning - while tenants help alleviate your mortgage. This solid 3-unit property offers a rare opportunity to become a homeowner and investor at the same time. Featuring a total of 11 bedrooms and 3 full bathrooms, the spacious layouts provide comfort, privacy, and flexibility for today's lifestyle. Live in one unit and rent out the others to significantly reduce your monthly housing cost, making homeownership more achievable than ever. Whether you need space for family, guests, or a home office, this property allows you to create a home while building long-term wealth. Located on S Drake Ave in Chicago, you'll enjoy convenient access to public transportation, schools, parks, and everyday amenities. This is an ideal opportunity for first-time buyers, FHA buyers, or anyone ready to trade rent payments for equity. Why rent to someone else's when you can own a property that works for you? Build equity, generate income, and secure your future - all in one move

Listing Status:
Active
Data Last Updated:
February 14, 2026 at 3:19AM
Listing Office:
Second City Real Estate : 312-392-1650
Listing Agent:
Melchor Domantay : 708-979-0852
MLS ID:
12554517
  • Basement: FinishedFull
  • Heating: Natural Gas
  • Parking: YesParking spaces: 3
  • Originating MLS: mred
  • School District: 299
  • County: Cook
  • Zoning: 16232220220000
  • Water: Lake Michigan
  • Sewer: Public Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Melchor Domantay , Second City Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Dvorak Technology Academy

3615 W 16th St, Chicago, IL, 60623

Grades KG-8

0.15 miles away

D

Dvorak Technology Academy

3615 W 16th St, Chicago, IL, 60623

Grades KG-8

0.15 miles away

N

North Lawndale Preparatory Charter - Christiana

1615 S Christiana Ave, Chicago, IL, 60623

Grades 9-12

0.31 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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